Azizi Riviera 8
Studio
About the building
9-storey residential building in Azizi Riviera, completed in 2022. Developer — Azizi Developments.
Specifications for Azizi Riviera 8 per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
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 NP9-225955
How much is this studio in Azizi Riviera 8?
Lot NP9-225955 is priced at AED 844 000, about $230 000. The size is 340 sq ft (32 m²), which works out at AED 2 482 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
Is this expensive or cheap for Meydan?
The database holds 43 lots in Meydan. The area median is AED 2 120 per sq ft; this lot, at AED 2 482, is 17% above it. 12 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?
According to the listing, the property is ready. The project passport gives 2022 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 169 000; a loan of AED 675 000 over 25 years at 3.75–4.99% a year comes to roughly AED 3 500–3 900 a month. A non-resident puts down from 40% (AED 338 000) and pays about AED 2 600–3 000 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 33 760 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. 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 1 156 000 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 →What is known about Azizi Riviera 8?
The building has 9 floors and 194 units. The developer is Azizi Developments. Completion year: 2022. Figures are from the project passport: Propsearch and the Dubai Land Department.
Azizi Riviera 8 project page →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 NP9-225955 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Nearby in Meydan
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram