About Azizi Riviera 5
Azizi Riviera 5 is a residential and commercial building by Azizi Developments, in Al Merkadh, Dubai. It rises 10 storeys (2 basement levels, a ground floor, 9 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 221 homes.
Key information
Developer
Azizi Developments
- Handover
- Q2 2023
- Status
- Handed over
- Location
- Al Merkadh, Dubai
- Master project
- Meydan One Community
- Construction started
- 2017
- Number of buildings
- 1
- Number of units
- 221
- Registered with DLD
- 16 Jul 2017
- Escrow account no.
- 011109669013
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2017
- Handed overQ2 2023
Construction progress
115 inspection photos from the Dubai Land Department. Latest 25 May 2023 at 100% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
4 Elevators
12 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
281
Median price
AED 720K
Median price / sqft
AED 1K+37%
Off-plan share
77%
Priced 17% below than the Al Merkadh median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 156 | 390 sqft | AED 610K | AED 2K |
| 1 Bed | 95 | 749 sqft | AED 1.0M | AED 1K |
Price per sqft by year
+37% since 2017AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 31 Aug 2026 | Resale | 383 sqft | AED 710K | AED 2K |
| 05 Aug 2026 | Resale | 830 sqft | AED 1.2M | AED 1K |
| 07 May 2026 | Resale | 757 sqft | AED 1.2M | AED 2K |
| 17 Mar 2026 | Resale | 379 sqft | AED 600K | AED 2K |
| 23 Jan 2026 | Resale | 597 sqft | AED 2.3M | AED 4K |
| 15 Jan 2026 | Resale | 408 sqft | AED 735K | AED 2K |
| 12 Jan 2026 | Resale | 379 sqft | AED 695K | AED 2K |
| 31 Dec 2025 | Resale | 383 sqft | AED 1.1M | AED 3K |
Unit mix
221 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 24 | - |
| Studio | 118 | 379 - 484 sqft |
| 1 B/R | 79 | 681 - 987 sqft |
Payment plan
Payment plans are set by Azizi Developments and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Al Merkadh, Dubai.
Al Merkadh
Dubai, United Arab Emirates
Frequently asked questions
Azizi Riviera 5 has already been handed over (Q2 2023), according to Dubai Land Department records.
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