Azizi Riviera 38, Al Merkadh

Sold Prices · DLD Data

Azizi Riviera 38

Al Merkadh, Dubai · Meydan One Community

AED 2,429

Avg Price / sqft

AED 2.8M

Avg Sale Price

10

DLD Sales Recorded

5.2%

Est. Gross Yield

Market snapshot

Azizi Riviera 38 — the numbers

Azizi Riviera 38 is a residential building in Al Merkadh, Dubai with approximately 161 units. Dubai Land Department records show 10 sales in the building, at an average price of AED 2.8M — around AED 2,429 per square foot.

Since January 2026, 10 sales completed in Azizi Riviera 38, with the average price per square foot moving from AED 2,450 to AED 1,894 (-22.7%). That softening can open negotiating room for buyers.

Benchmarked against average residential rents in Al Merkadh, a typical unit in Azizi Riviera 38 returns an estimated 5.2% 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 38; 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 38

Average sale price per sqft by month since January 2026-22.7%

9431,8872,830Jan 26: AED 2,450/sqft · 1 saleJan 26Feb 26: AED 3,139/sqft · 4 salesFeb 26Apr 26: AED 600/sqft · 1 saleApr 26Jun 26: AED 2,527/sqft · 2 salesJun 26Jul 26: AED 1,733/sqft · 1 saleJul 26Aug 26: AED 1,894/sqft · 1 saleAug 26

Unit types

Prices by unit type

Studio

AED 629K

AED 2,091/sqft

4 sales · last 12 months

1 Bed

AED 1.0M

AED 2,093/sqft

2 sales · last 12 months

2 Bed

AED 2.0M

AED 2,338/sqft

2 sales · last 12 months

Transactions

Recent sold prices

DateTypeBedsSize (sqft)PriceAED/sqft
03 Aug 2026Sales0298AED 565KAED 1,894
10 Jul 2026Sales2837AED 1.4MAED 1,733
30 Jun 2026Sales0299AED 630KAED 2,110
23 Jun 2026Sales2845AED 2.5MAED 2,944
23 Apr 2026Sales-30,147AED 18MAED 600
19 Feb 2026Sales0310AED 650KAED 2,095
19 Feb 2026Sales0296AED 670KAED 2,263
06 Feb 2026Sales-274AED 1.8MAED 6,463
04 Feb 2026Sales1490AED 850KAED 1,736
26 Jan 2026Sales1490AED 1.2MAED 2,450

About the area

Azizi Riviera 38 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 38: frequently asked questions

What is the average price in Azizi Riviera 38?

The average recorded sale price in Azizi Riviera 38, Al Merkadh is AED 2.8M, around AED 2,429 per square foot, based on Dubai Land Department transaction data.

Are prices in Azizi Riviera 38 going up or down?

Average sale prices in Azizi Riviera 38 have eased -22.7% per square foot since January 2026, across 10 DLD-recorded sales.

What rental yield can I expect in Azizi Riviera 38?

Based on average Al Merkadh residential rents against sale prices in the building, a typical unit in Azizi Riviera 38 yields roughly 5.2% gross per year, before service charges and fees.

How many properties have sold in Azizi Riviera 38?

10 sales have been recorded in Azizi Riviera 38 according to DLD data, across approximately 161 units.

Considering Azizi Riviera 38?

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