Azizi Riviera 16, Al Merkadh

Sold Prices · DLD Data

Azizi Riviera 16

Al Merkadh, Dubai · Meydan One Community

AED 2,169

Avg Price / sqft

AED 988K

Avg Sale Price

9

DLD Sales Recorded

5.8%

Est. Gross Yield

Market snapshot

Azizi Riviera 16 — the numbers

Azizi Riviera 16 is a residential building in Al Merkadh, Dubai with approximately 262 units. Dubai Land Department records show 9 sales in the building, at an average price of AED 988K — around AED 2,169 per square foot.

Since January 2026, 9 sales completed in Azizi Riviera 16, with the average price per square foot moving from AED 1,953 to AED 1,748 (-10.5%). That softening can open negotiating room for buyers.

Benchmarked against average residential rents in Al Merkadh, a typical unit in Azizi Riviera 16 returns an estimated 5.8% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Merkadh.

Figures are from Dubai Land Department transaction records for Azizi Riviera 16; individual units vary by floor, view and finish. Gross yield is estimated against average Al Merkadh residential rents, before service charges.

Price trend

Price trend in Azizi Riviera 16

Average sale price per sqft by month since January 2026-10.5%

2,0793,0724,065Jan 26: AED 1,953/sqft · 1 saleJan 26Apr 26: AED 4,396/sqft · 1 saleApr 26Jul 26: AED 1,935/sqft · 5 salesJul 26Sep 26: AED 1,748/sqft · 2 salesSep 26

Unit types

Prices by unit type

Studio

AED 675K

AED 2,014/sqft

6 sales · last 12 months

1 Bed

AED 1.0M

AED 1,519/sqft

2 sales · last 12 months

Transactions

Recent sold prices

DateTypeBedsSize (sqft)PriceAED/sqft
28 Sept 2026Sales0294AED 560KAED 1,906
09 Sept 2026Sales0595AED 946KAED 1,590
16 Jul 2026Sales0297AED 560KAED 1,884
14 Jul 2026Sales1830AED 900KAED 1,084
04 Jul 2026Sales0296AED 606KAED 2,046
01 Jul 2026Sales0296AED 791KAED 2,674
01 Jul 2026Sales0295AED 585KAED 1,986
28 Apr 2026Sales-637AED 2.8MAED 4,396
21 Jan 2026Sales1584AED 1.1MAED 1,953

About the area

Azizi Riviera 16 is in Mohammed Bin Rashid City

Mohammed Bin Rashid City sits between Downtown Dubai and Meydan, and it carries the highest rate in this group: AED 2,450 per square foot across 1,003 sales in the last twelve months, averaging AED 3.61M.

Explore the Mohammed Bin Rashid City area guide

Nearby

Other buildings in Al Merkadh

FAQ

Azizi Riviera 16: frequently asked questions

What is the average price in Azizi Riviera 16?

The average recorded sale price in Azizi Riviera 16, Al Merkadh is AED 988K, around AED 2,169 per square foot, based on Dubai Land Department transaction data.

Are prices in Azizi Riviera 16 going up or down?

Average sale prices in Azizi Riviera 16 have eased -10.5% per square foot since January 2026, across 9 DLD-recorded sales.

What rental yield can I expect in Azizi Riviera 16?

Based on average Al Merkadh residential rents against sale prices in the building, a typical unit in Azizi Riviera 16 yields roughly 5.8% gross per year, before service charges and fees.

How many properties have sold in Azizi Riviera 16?

9 sales have been recorded in Azizi Riviera 16 according to DLD data, across approximately 262 units.

Considering Azizi Riviera 16?

Get honest, DLD-backed guidance on pricing, yields and availability in Al Merkadh from Binayah's advisors — no pressure, just the numbers.

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