Azizi Riviera 9: A Ready Studio in the Heart of Meydan One
Azizi Riviera 9 is one building within the broader Azizi Riviera complex, a large-scale apartment community that Azizi Developments has delivered across the Meydan One district in Dubai. The building offers studio apartments, and with its completion date of June 2023 already passed, buyers are looking at a finished, ready-to-occupy asset rather than an off-plan commitment.
What Meydan One Actually Means for Buyers
Meydan One sits roughly 10 to 15 minutes by road from Downtown Dubai and Business Bay. It occupies the strip of land north of the Meydan Racecourse, a district that has seen significant residential density added over the past decade. The Azizi Riviera complex spans multiple phases and functions as a self-contained community, with its own retail, dining, and leisure infrastructure built in over time.
For someone living here, the daily commute to the commercial core of Dubai is manageable. The location is not on the city's periphery. The on-site amenity and dining facilities within the Riviera cluster reduce everyday dependence on surrounding streets and neighbouring areas, which gives the community a meaningful degree of self-sufficiency.
AED 560,000 for a Studio in a Completed Building
The price is a single point: AED 560,000. There is no range because the available unit type is a studio at approximately 412 sq ft, which puts the per-square-foot rate at roughly AED 1,360.
This entry price targets two buyer profiles. First, the individual buyer seeking a lower-cost foothold in a central Dubai district without committing to the larger budgets that one-bedroom and two-bedroom units require. Second, the income-focused investor who wants a smaller, lower-maintenance unit with a lower absolute entry cost in an established community with on-site amenities already in place.
Amenities
| Category | Facilities |
|---|---|
| Wellness | Indoor Swimming Pool, Gymnasium |
| Outdoor | Landscaped Gardens, Children's Play Area |
| Convenience | Restaurants, CCTV Security |
The indoor pool is a practical asset. An outdoor pool becomes less usable during Dubai's summer months; an indoor facility keeps swimming available across the full year. The in-complex restaurants reduce the need to leave the building for meals, which matters more in a larger development like Riviera where residents form a genuine community rather than a collection of individual units. Taken together, the amenity set targets a resident who values a managed, secure environment with core wellness and social facilities already built in.
The Building Completed in June 2023
Construction on Azizi Riviera 9 started in October 2017. The expected completion date was June 2023, which has now passed by over three years. This is a ready project. Buyers are not taking on construction or delivery risk, and the building's community context is already established around it.
For investors, this means current market rents are observable rather than projected. The off-plan pricing advantage is gone, but the asset exists, functions, and can generate income immediately after transfer.
The Full Amount Up Front
| Stage | Amount |
|---|---|
| Down payment | 100% |
The full AED 560,000 is due at transfer. There is no installment schedule spread across construction milestones. This is a standard completed-property purchase, settled either through a mortgage disbursed by the bank at transfer or a direct cash payment. For mortgage buyers, the bank funds the full amount and the buyer services the loan. For cash buyers, the entire capital is deployed in one step with no further payment obligations beyond service charges.