Tenanted Studio in Azizi Riviera, Meydan – 7.7% Below Original Price

Property Overview

This studio apartment in Azizi Riviera, Meydan, Dubai, is offered at AED 600,000 for 350 sq ft of built-up area. The asking price is AED 50,000 below the seller's stated original purchase price of AED 650,000, a reduction of 7.7%. The unit is tenanted until July 2027, and the agent describes the price as slightly negotiable.

Property Highlights

• Property type: Studio apartment
• Built-up area: 350 sq ft
• Asking price: AED 600,000
• Original purchase price (agent-stated): AED 650,000
• Saving versus original price: AED 50,000 (7.7%)
• Asking rate: approximately AED 1,714 per sq ft
• Occupancy: rented until July 2027 (agent-stated)
• Price status: slightly negotiable (agent-stated)
• Project: Azizi Riviera, Meydan
• Developer: Azizi Developments

Why the Price Qualifies as Below OP

The agent brief states an original purchase price of AED 650,000 and an asking price of AED 600,000. DPF calculates the difference as AED 50,000, equal to 7.7% of the original price. Dividing the asking price by 350 sq ft gives an asking rate of about AED 1,714 per sq ft.

The benchmark is the seller's original purchase price as supplied in the agent brief received on 15 October 2026. It is not a DLD transaction record or an independent valuation, so this page does not claim the studio is priced below current market value. Buyers should confirm the original price against the title deed history or original SPA.

About the Project, Developer and Community

Azizi Riviera is a large residential project by Azizi Developments in Meydan, within Mohammed Bin Rashid Al Maktoum City. The project is made up of numerous mid-rise residential buildings with a French Mediterranean-inspired design, and a crystal lagoon has been announced as part of the wider Riviera development. Many Azizi Riviera buildings have been completed and handed over in phases.

The brief does not identify the specific building number within Azizi Riviera. Because buildings in the project vary in age, facilities and position relative to the lagoon and boulevard, buyers should confirm the exact building and unit number before viewing.

Layout, Floor and View

The agent has confirmed a studio of 350 sq ft. Bathroom count, floor, view, furnishing and parking were not supplied, and DPF has not assumed them. Request the floor plan and title deed to confirm the layout and area.

Tenancy and Handover

According to the agent, the studio is rented until July 2027. That makes it a ready, income-producing unit rather than a vacant home for immediate move-in. The rent amount and payment terms were not supplied, so DPF has not calculated a rental yield. Buyers should request the Ejari registration and tenancy contract, and confirm how the tenancy, any outstanding rent cheques and the security deposit will transfer at sale.

Location and Connectivity

Azizi Riviera sits in Meydan, within Mohammed Bin Rashid Al Maktoum City, close to the Meydan racecourse district and central Dubai road links. DPF has not stated drive times or distances because they were not verified for this listing.

Verification Notes

• Agent-supplied facts: project, area, property type, size, original price, asking price, tenancy end date and negotiability.
• DPF-calculated figures: saving amount, saving percentage and price per sq ft.
• External research: general Azizi Riviera project facts, not unit-specific records.
• Not supplied: building number, unit number, floor, view, bathrooms, parking, furnishing, rent amount and service charge.