Azizi Riviera Phase 1 is the first phase of the new large-scale residential development Azizi Riviera in Mohammed Bin Rashid City. The project belongs to the Meydan area, located near the racetrack and golf course. At the end of March 2022, the first phase of construction was completed on 95%.
The developer of the Azizi Riviera project is Azizi Developments, and its full commissioning is scheduled for 2025. A distinctive feature of the complex is a crystal lagoon with desalinated water, intended for swimming for residents of the area. The development area will include several parks and walking areas. Nearby is the Meydan One Mall, which includes an indoor ski slope and is larger than the Dubai Mall.
Residents of the Azizi Riviera complex have access to:
Location
Azizi Riviera is part of Meydan One and is located close to Al Khail Rd and Al Ain – Dubai Rd. From here you can reach Downtown Dubai, Business Bay and DIFC within 10 minutes. Schools, hospitals and several entertainment organizations are nearby.
For children, the closest educational institutions will be two schools in the neighboring Sobha Hartland district, which can be reached in less than 10 minutes. It will take the same time to get to the Nad Al Sheba Health Center. Chubby Cheeks Nursery is 15 minutes’ drive away, while Academic City University and GEMS New Millennium School are 20 minutes’ drive away.
For shopping, residents can head to Al Khail Mall, Grand City Mall or Al Quoz Mall, all located a 20-minute drive away. During the same time you can get to the nearest beaches of Dubai.
Also, the road from Azizi Riviera Phase 1 is:
Payback
The property in the Azizi Riviera Phase 1 complex belongs to the budget segment and is suitable for investment. The residential premises of the complex will become a comfortable place for business people, young couples and families with children to live.
The ROI value for the Mohammed Bin Rashid City area reaches 6%. For example, the annual rental cost of a 2-bedroom apartment in Azizi Riviera is AED 75,000 (USD 20,000), minus the amount for maintenance of the apartment and taxes.
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