Dubai Land Department Off-Plan Register

Azizi Riviera 5 Launch Prices

Off-plan in Meydan One Community · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

192 developer launch sales registered at Azizi Riviera 5 between Dec 2017 and Dec 2023: 100% apartments, most commonly studio units, typically around 396 sqft.

Launch sales
192
DLD off-plan registrations, all time
Median launch /sqft
AED 1,446
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 430,2331,320,000
Min – max registered

Bed mix: Studio 61% · 1-bed 39%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Azizi Riviera 5, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2017 Q415AED 1,466
2018 Q164AED 1,461
2018 Q225AED 1,430
2018 Q32AED 1,435
2019 Q13AED 1,387
2019 Q31AED 975
2019 Q42AED 1,090
2020 Q11AED 1,080
2020 Q32AED 1,320
2020 Q41AED 1,359
2021 Q23AED 1,461
2022 Q12AED 1,371
2022 Q22AED 1,361
2022 Q31AED 1,071
2022 Q44AED 1,173
2023 Q19AED 1,462
2023 Q254AED 1,435
2023 Q41AED 943
Two different markets

Launch vs Resale

Azizi Riviera 5 also has 38 ready-market resales registered with the DLD, the first on 14 July 2023 - 67 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
38
19 in the last 2 years
Resale median /sqft
AED 1,849
last 2 years
Resale vs launch
+28%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Azizi Riviera 5 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
776 sqft · 11 December 2023
AED 732,260
AED 943 /sqft
Apartment · Studio
384 sqft · 14 June 2023
AED 546,847
AED 1,425 /sqft
Apartment · 1 Bed
699 sqft · 12 June 2023
AED 1,038,730
AED 1,486 /sqft
Apartment · 1 Bed
683 sqft · 12 June 2023
AED 878,600
AED 1,286 /sqft
Apartment · Studio
405 sqft · 9 June 2023
AED 600,000
AED 1,482 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Off-plan in Meydan One Community

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