Two-Bedroom Apartment at Azizi Riviera 61, Meydan — Below Original Price, DLD Covered

Property Overview

This is a ready-to-move two-bedroom apartment at Azizi Riviera 61, part of the Azizi Riviera community by Azizi Developments in Meydan (Mohammed Bin Rashid City), with a pool view. The 753.58 sqft unit is offered at AED 1,600,000, which is AED 480,000 (23.1%) below the seller-stated original purchase price of AED 2,080,000; the agent describes the deal as below OP with the DLD also covered. It is listed as a distress sale below original price.

Property Highlights

• Type: 2-bedroom apartment
• Size: 753.58 sqft
• Asking price: AED 1,600,000
• Original purchase price (seller-stated): AED 2,080,000
• Saving vs. original price: AED 480,000 (23.1%; agent stated ~23%)
• Additional benefit (agent-stated): DLD transfer fee covered
• Rate: AED 2,123 per sqft
• View: pool view (agent-stated)
• Status: ready to move (agent-stated)
• Developer: Azizi Developments
• Community: Meydan (Azizi Riviera)

Why the Price Qualifies

The asking price of AED 1,600,000 is AED 480,000 below the seller-stated original purchase price of AED 2,080,000, a reduction of 23.1%, consistent with the agent's stated ~23%. At 753.58 sqft the asking price is AED 2,123 per square foot. The agent labels the deal 'below OP+DLD'; the 23.1% is the verified below-OP discount, and the DLD-covered element is an additional agent-stated benefit that is not separately quantified here (no DLD amount supplied). The benchmark is a seller-stated original purchase price, not a DLD transaction or a dated market comparison, and DPF has not independently verified it.

About the Project, Developer and Community

Azizi Riviera 61 is one of the mid-rise residential buildings in Azizi Riviera, a large waterfront community by Azizi Developments in Meydan One (Mohammed Bin Rashid City), built around a crystal lagoon and retail boulevard, with connectivity via Al Ain Road and Ras Al Khor Road. The unit is stated to be ready to move in. Building-level facilities and the specific unit configuration should be confirmed against Azizi's documentation.

Layout and View

The agent describes a ready 753.58 sqft two-bedroom with a pool view. Exact floor level, layout, bathrooms, parking and furnishing should be confirmed on the floor plan and in the Sale and Purchase Agreement.

Verification Notes

• Agent-supplied facts: 2-bedroom type, size (753.58 sqft), asking price (AED 1,600,000), original purchase price (AED 2,080,000), DLD-covered claim, pool view, and ready-to-move status.
• DPF-calculated figures: savings amount (AED 480,000), savings percentage (23.1%, verified against OP), and price per square foot (AED 2,123).
• Deal type: the agent labelled this 'below OP+DLD', which is not a CMS value; mapped to 'OP + DLD Covered'. The verifiable component is the 23.1% below-OP discount; the DLD coverage is agent-stated and unquantified.
• External project research: Azizi Riviera 61 is confirmed as a ready Azizi Developments building in Meydan (MBR City); unit-specific facts were not independently verified.
• The original purchase price is a seller-stated benchmark and has not been checked against a DLD record.