1. Definition of the area and data structure
The actual location of the Azizi Riviera 29 building has been verified using DLD data: the property is situated in the Al Merkadh area and is part of the Meydan One Community master project. The analysis is based strictly on these geographic boundaries, and the area level is defined unambiguously.
For 1-bedroom apartments (1BR) in Azizi Riviera 29, the DLD database records 29 transactions from June 2021 to the present. Only completed transactions were used for the analysis – with no account taken of future periods.
No rental contracts for this specific building (nor for the Meydan One Community master project or the Al Merkadh area for 1-bedroom units) have been recorded in DLD — neither over the last 12 months nor in previous quarters. Accordingly, all quantitative indicators for rent and yield cannot be calculated; this point is discussed in detail below.
2. Liquidity and transaction volume
Transaction volume in Azizi Riviera 29 for 1-bedroom apartments (according to DLD):
– 2021: 3 transactions (Q2–Q3)
– 2022: 7 transactions (Q1)
– 2023: 16 transactions (Q3–Q4)
– 2024: 2 transactions (Q1)
The main wave of sales occurred at the end of 2023. Sales liquidity in the 1BR segment at both building and master-project level is high: transactions are recorded regularly in all major quarters of recent years.
3. Price dynamics and structure
Dynamics of the average price per square metre (1BR, completed transactions only, Azizi Riviera 29):
– Q2 2021: 14,918 AED/m²
– Q3 2021: 15,219 AED/m²
– Q1 2022: 15,772 AED/m²
– Q3 2023: 15,746 AED/m²
– Q4 2023: 16,889 AED/m²
– Q1 2024: 16,019 AED/m²
The average value over the last 12 months (with the most recent transactions in early 2024) is 17,730 AED/m².
For comparison: the average price across the Meydan One Community master project and the Al Merkadh area (1-bedroom units, 12 months) is higher — 20,370 AED/m². This indicates a noticeable gap: apartments in Azizi Riviera 29 are priced slightly below the area average, which may be related to the building’s market positioning or its completion phase.
Long-term price dynamics in Al Merkadh and the master project show a steady increase: the average price moved from 14,000–15,000 AED/m² in 2021–early 2022 to 16,000–20,000+ AED/m² in 2023–2024. Overall, the market demonstrates gradual appreciation, especially in the final quarters of 2023 and early 2024.
4. Rental and yield (ROI) analysis
According to DLD data, only sale and purchase transactions have been recorded for Azizi Riviera 29, and there have been no registered rental contracts for 1-bedroom apartments in this building over the last 12 months. The same is true for the entire Meydan One Community master project and even for the Al Merkadh area over the same period. Most likely, the reasons are the relatively recent completion/occupation of the complex, a low actual occupancy level at this stage, or a delay in data being reflected in DLD.
Thus, based on current DLD data, it is not possible to reliably calculate the average rental rate per m² and, consequently, it is impossible to estimate indicative yield (ROI) either for the building or for the area. Without these basic inputs, one cannot assess a fair investment price range (to achieve a 7–8% annual yield) or compare the “real” yield with the wider market.
Important note: any estimates of rent or ROI for this property that are not grounded in DLD statistics will be speculative and cannot be used as a basis for financial analysis. This is a fundamental limitation when working exclusively with official data.
5. General conclusions on investment attractiveness
Azizi Riviera 29 is a modern asset within the large-scale Meydan One Community master project (Al Merkadh area). The market for new-build/modern properties in the area shows steady price growth (over 3 years, average price per m² has increased by around 15–40%). Sales activity is high, confirming the building’s liquidity for both investors and end users.
However, the absence of data on actual rental rates in the DLD register for this building (and for 1-bedroom units in the area) does not allow decisions to be made based on reliable yield levels, nor does it allow one to justify entry/exit pricing for an investor focused on passive income.
The 3–5 year outlook in terms of price growth and liquidity is moderately positive: the market is demonstrating upward capitalisation trends; however, without confirmed rental data it is difficult to treat the asset correctly as a pure yield investment.
Summary:
– Average 1BR price over the last 12 months in Azizi Riviera 29 is 17,730 AED/m² (the building is 13% below the area average).
– Transaction activity and price dynamics are positive.
– There is no DLD data on actual rents for the building and the area, so yield cannot be calculated from DLD.
– Investment attractiveness: the asset is appealing for a capital growth strategy; assessment of “income” characteristics is not possible without additional data.
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