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Riviera Azure — MBR District 1 Apartments

MBR District 1
Starting FromAED 1.38M
Type
apartment
Bedrooms
1 - 4
Completion
TBA

A Refined Address in MBR District 1

Riviera Azure is a new apartment development by Azizi Developments in MBR District 1, Dubai, offering an attractive entry point into one of the emirate’s most strategically positioned residential destinations. With prices starting from AED 1,376,000 and a choice of apartment configurations, the project is suited to both discerning homeowners and investors seeking long-term value.

MBR City is planned as a progressive, well-connected community that brings together contemporary residences, open spaces, leisure destinations and convenient access to Dubai’s key business and entertainment districts. Its central setting near Meydan places residents within easy reach of Downtown Dubai, Business Bay and major road networks, supporting strong rental appeal and everyday convenience.

Investment-Led Living with Flexible Planning

Purchasing at launch provides the opportunity to secure a residence early and benefit from a construction-linked payment plan tied to project milestones. The remaining balance is due at handover, while the official handover date remains to be announced. This structure can support more considered financial planning than a traditional upfront purchase.

Riviera Azure is designed around modern urban living, with thoughtfully planned apartments and access to the evolving lifestyle advantages of MBR District 1. Whether selected as a primary home, a Dubai base or a future rental asset, the development combines location, developer experience and launch-stage pricing in a compelling property proposition. Buyers should confirm final layouts, amenities, payment terms and completion details directly with the developer.

Location

MBR District 1

Map location not available

About the Developer

Azizi Developments

Azizi Developments

Azizi is a private developer with one of Dubai's largest active pipelines, concentrated in Al Furjan, MBR City and Riviera in Meydan. Known for mid-market apartments and fast construction cycles.

View all projects by Azizi Developments

Frequently Asked Questions

Its MBR District 1 location, launch-stage pricing and proximity to Downtown Dubai, Business Bay and Meydan may support long-term rental and resale appeal. Returns are not guaranteed and depend on market conditions.
Riviera Azure offers contemporary apartment living in the growing MBR City community, with access to Dubai’s leisure, dining, retail and entertainment destinations. Final amenities should be confirmed with Azizi Developments.
Located in MBR District 1 near Meydan, the project provides convenient access to major roads and central districts including Downtown Dubai and Business Bay. Exact travel times vary by traffic and route.
The launch payment plan is linked to construction milestones, with the balance due on handover. The handover date is currently TBA, so buyers should verify the latest schedule and terms with the developer.

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Property Details

Property PriceAED 1,400,000
Down Payment20%
Annual RentAED 85,000
Surface Area (sqft)800 sqft
Service Charges (AED/sqft)15 AED/sqft

Investment Parameters

Appreciation Rate5% / year
Holding Period5 years
Mortgage Rate5%
Loan Term25 years

ROI Projections

Investment

AED 280,000

Future Value

AED 1,786,794

Capital Gain

+AED 386,794

Annual Cash Flow

-AED 5,569

Total ROI (5 years)

128.2%

17.9% annualized

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