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Meydan

Azizi Riviera Reve

1 BR · Apartment

Where it is

Meydan

The racecourse district: low-density, central, and increasingly the default answer for a house within fifteen minutes of Downtown.

  • houses close to Downtown
  • families wanting space
  • low-density central living

What to check: Meydan is not a single-developer masterplan — build quality, community management and service charges vary sharply between sub-communities. Check who built yours and what else they have delivered.

Full district guide →

Questions and answers about lot NP3-109375

How much is this 1-bedroom apartment in Azizi Riviera Reve?

Lot NP3-109375 is priced at AED 1 850 000, about $504 000. The listing does not state a size, so no price per square foot is given.

How much has the price of this lot been cut?

The price before the cut was AED 2 350 000; it is now AED 1 850 000 — AED 500 000 less, or 21%.

What are prices like in Meydan?

The database holds 40 lots in Meydan. The area median is AED 2 096 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 5 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Meydan area guide →

Is the property ready or still under construction?

The handover date in the listing is 2025, which has already passed. I will confirm whether the property has actually been handed over when you ask: listings are not always updated.

Can this lot be bought with a mortgage, and what would the payment be?

UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 370 000; a loan of AED 1 480 000 over 25 years at 3.75–4.99% a year comes to roughly AED 7 600–8 600 a month. A non-resident puts down from 40% (AED 740 000) and pays about AED 5 700–6 500 a month. The bank approves the rate and the amount.

Run your own numbers in the mortgage calculator →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 74 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.

Does buying this lot qualify for a UAE residence visa?

On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 150 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.

Golden Visa and residence visas →

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP3-109375 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: Azizi Riviera Reve

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