Azizi Riviera 16, Al Merkadh

Azizi Riviera 16 is a mixed-use building in Al Merkadh, Dubai, developed by Azizi. It holds about 264 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units.

The building was completed in 2023 and has been in use for about 3 years. 12 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,968 per sq ft.

Azizi Riviera 16 is one of 155 buildings in Al Merkadh: 135 are complete and 19 are still being built.

• A mixed-use ready building
• Located in Al Merkadh, Dubai
• Developed by Azizi
• Completed in Q3 2023
• Unit types: Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
• Sizes from 110 to 1,970 sq ft
• Features: Gated Community, Seafront, Shared Spa
• Service charge from AED 22.38 per sq ft
• Burj Khalifa/Dubai Mall metro station 4.7 km away

状态

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开发商

Azizi

位置

Al Merkadh, Dubai

已竣工

Q3 2023

单位类型

Studio, 1 Bed, 2 Beds, 3 Beds, Commercial

Prices from

AED 418.0K

每 sq ft 价格中位数

AED 1,968

Median gross yield

6.8%

物业服务费

AED 22.98 per sq ft (2024)

Nearest metro

District 1, 1.9 km

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Azizi Riviera 16 lists 3 features and facilities for its residents.

• Gated Community
• Seafront
• Shared Spa

Price ranges from the most recent registered sales, by unit type:

• Studios: AED 560.0K to AED 946.4K (292 to 595 sq ft), across 14 sales
• 1-bedroom apartments: AED 900.0K to AED 1.1M (499 to 830 sq ft), across 5 sales
• 3-bedroom apartments: one sale at AED 2.0M (1,075 sq ft)

Studio homes in Azizi Riviera 16 were let for AED 40.0K to AED 48.0K a year across 10 recent contracts, with a median of AED 45.0K.

Yearly rents from recent registered contracts, by unit type:

• Studios: AED 40.0K to AED 48.0K a year (290 to 297 sq ft), across 10 contracts
• 1-bedroom apartments: AED 60.0K to AED 80.0K a year (499 to 584 sq ft), across 2 contracts

Every sale in Azizi Riviera 16Every rent contract in Azizi Riviera 16

The 2024 service charge in Azizi Riviera 16 is AED 22.98 per sq ft for homes, AED 22.38 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from Azizi Riviera 16 is Burj Khalifa/Dubai Mall (red line, 4.7 km, about 11 min drive), then Business Bay (red line, 4.9 km, about 12 min drive). Stations planned on new lines nearby include District 1 (golden line, 1.9 km, about 6 min drive) and District 1 near High Speed Rail line (golden line, 2.3 km, about 7 min drive). Most residents will drive or take a taxi to the metro.

• District 1Golden line · 1.9 km · about 6 min drive
• District 1 near High Speed Rail lineGolden line · 2.3 km · about 7 min drive
• Nad Al ShebaGolden line · 3.3 km · about 9 min drive
• Burj Khalifa RoadGolden line · 3.8 km · about 10 min drive
• Burj Khalifa/Dubai MallRed line · 4.7 km · about 11 min drive
• Dubai SquareBlue line · 4.7 km · about 11 min drive

The closest is Spinneys / south bridge downtowne Dubai, 3.2 km from Azizi Riviera 16 (about 8 min drive).

• Spinneys / south bridge downtowne DubaiSupermarket · 3.2 km · about 8 min drive
• Dubai MallShopping Mall · 3.7 km · about 9 min drive
• Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 3.9 km · about 10 min drive
• Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 4 km · about 10 min drive
• Al Maya / Murooj Rotana, Murooj ComplexSupermarket · 4.4 km · about 11 min drive

The closest is Shiba Restaurant, 1.9 km from Azizi Riviera 16 (about 6 min drive).

• Shiba RestaurantRestaurant · 1.9 km · about 6 min drive
• Meydan HotelHotel · 2 km · about 6 min drive
• Radisson Blu Hotel, Dubai DowntownHotel · 2.8 km · about 8 min drive
• Al Manzil HotelHotel · 3.4 km · about 9 min drive
• Maward RestaurantRestaurant · 3.5 km · about 9 min drive

The closest is Al Amal Hospital, 5.8 km from Azizi Riviera 16 (about 14 min drive).

• Al Amal HospitalHospital · 5.8 km · about 14 min drive
• Medcare HospitalHospital · 6.4 km · about 15 min drive
• The City HospitalHospital · 6.6 km · about 15 min drive
• Tower ClinicHospital · 6.6 km · about 15 min drive
• The Creek Hospital DubaiHospital · 6.9 km · about 16 min drive

The closest is Meydan Grandstand and Racecourse, 1.9 km from Azizi Riviera 16 (about 6 min drive).

• Meydan Grandstand and RacecourseStadium · 1.9 km · about 6 min drive
• Meydan TheatreTheatre House · 1.9 km · about 6 min drive
• Meydan Tennis AcademySports Academy · 2.5 km · about 7 min drive
• Falcon Heritage and Sports CentreSports Academy · 2.8 km · about 8 min drive
• Falcon Centre and Cultural SportsSports Academy · 2.8 km · about 8 min drive

The nearest is Hartland International School - FZ, 0.4 km away. Ratings are the KHDA's latest inspection grades.

• Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 0.4 km
• North London Collegiate School Middle East L.L.C - FZInternational Baccalaureate · KHDA: Very good · 0.6 km
• Bilingual French International School L.L.C-FZFrench · KHDA: Not inspected due to COVID 19 · 2.4 km
• Rashid and Latifa SchoolUK · KHDA: Not inspected yet · 3 km
• Dubai International Private School - BrAmerican · KHDA: Good · 4.3 km
• GEMS Our Own Indian SchoolIndian · KHDA: Very good · 4.5 km

Al Merkadh has 155 buildings. A few others to compare Azizi Riviera 16 with:

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  Azizi Riviera 1

  Al Merkadh · Azizi

  Completed 2024

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  Azizi Riviera 10

  Al Merkadh · Azizi

  Completed 2022

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  Azizi Riviera 11

  Al Merkadh · Azizi

  Completed 2022

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  Azizi Riviera 12

  Al Merkadh · Azizi

  Completed 2022

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  Azizi Riviera 13

  Al Merkadh · Azizi

  Completed 2022

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  Azizi Riviera 14

  Al Merkadh · Azizi

  Completed 2023