Azizi Riviera 23, Al Merkadh

    Sold Prices · DLD Data

    Azizi Riviera 23

    Al Merkadh, Dubai · Meydan One Community

    AED 2,183

    Avg Price / sqft

    AED 1.4M

    Avg Sale Price

    13

    DLD Sales Recorded

    6.2%

    Est. Gross Yield

    View listings Explore Mohammed Bin Rashid City

    Market snapshot

    Azizi Riviera 23 — the numbers

    Azizi Riviera 23 is a residential building in Al Merkadh, Dubai with approximately 248 units. Dubai Land Department records show 13 sales in the building, at an average price of AED 1.4M — around AED 2,183 per square foot.

    Since January 2026, 13 sales completed in Azizi Riviera 23, with the average price per square foot moving from AED 1,775 to AED 2,209 (+24.4%). That upward drift suggests sellers currently hold pricing power here.

    Benchmarked against average residential rents in Al Merkadh, a typical unit in Azizi Riviera 23 returns an estimated 6.2% 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 23; 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 23

    Average sale price per sqft by month since January 2026+24.4%

    1,8502,4062,961Jan 26: AED 1,775/sqft · 1 saleJan 26Feb 26: AED 3,146/sqft · 3 salesFeb 26Jul 26: AED 1,665/sqft · 5 salesJul 26Aug 26: AED 2,209/sqft · 4 salesAug 26

    Unit types

    Prices by unit type

    Studio

    AED 673K

    AED 1,815/sqft

    8 sales · last 12 months

    1 Bed

    AED 1.2M

    AED 1,886/sqft

    3 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    13 Aug 2026Sales1867AED 1.3MAED 1,487
    10 Aug 2026Sales0352AED 900KAED 2,560
    06 Aug 2026Sales-454AED 1.4MAED 3,084
    04 Aug 2026Sales0352AED 600KAED 1,707
    15 Jul 2026Sales0319AED 700KAED 2,191
    15 Jul 2026Sales0348AED 595KAED 1,710
    14 Jul 2026Sales1589AED 1.1MAED 1,917
    10 Jul 2026Sales0348AED 620KAED 1,782
    07 Jul 2026Sales0483AED 350KAED 724
    25 Feb 2026Sales-1,545AED 7.9MAED 5,112
    04 Feb 2026Sales1577AED 1.3MAED 2,254
    03 Feb 2026Sales0379AED 785KAED 2,071
    13 Jan 2026Sales0467AED 830KAED 1,775

    About the area

    Azizi Riviera 23 is in Mohammed Bin Rashid City

    Mohammed Bin Rashid City, often referred to as MBR City, is a visionary development in Dubai spearheaded by renowned developers such as Meraas and Sobha Realty. This expansive community is designed to embody luxury and innovation, offering a harmonious blend of residential, commercial, and leisure spaces.

    Explore the Mohammed Bin Rashid City area guide

    Nearby

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    FAQ

    Azizi Riviera 23: frequently asked questions

    What is the average price in Azizi Riviera 23?

    The average recorded sale price in Azizi Riviera 23, Al Merkadh is AED 1.4M, around AED 2,183 per square foot, based on Dubai Land Department transaction data.

    Are prices in Azizi Riviera 23 going up or down?

    Average sale prices in Azizi Riviera 23 have risen +24.4% per square foot since January 2026, across 13 DLD-recorded sales.

    What rental yield can I expect in Azizi Riviera 23?

    Based on average Al Merkadh residential rents against sale prices in the building, a typical unit in Azizi Riviera 23 yields roughly 6.2% gross per year, before service charges and fees.

    How many properties have sold in Azizi Riviera 23?

    13 sales have been recorded in Azizi Riviera 23 according to DLD data, across approximately 248 units.

    Considering Azizi Riviera 23?

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