New homes in Azizi Riviera Reve start at AED 1,200,000; the keys were due Dec 2025; you pay 10% to book, 30% while it is built and 60% at the keys.
In the 24 months to Nov 9, 2026, Dubai Land Department recorded 35 off-plan sales of studio apartments of 184 sq ft to 621 sq ft in Azizi Riviera Reve. Their median price is AED 3,286 per sq ft (about AED 1,196,000 at 364 sq ft). This project's from price is AED 3,297 per sq ft (AED 1,200,000 for its smallest home, 364 sq ft), about the same.
Keys
Dec 2025
The developer's handover date. It has passed and may be out of date, so check the current one with the developer.
Payment plan
10 / 30 / 60
10% to book, 30% while it is built, 60% at the keys
Bedrooms
Studio to 3 beds
Sizes
364 to 1,717 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 3,297 per sq ft
Similar off-plan homes: AED 3,286 per sq ft
RERA project
2434
Check it in Dubai REST, the Dubai Land Department's official app.
Built
77%
Being built. DLD register, Nov 11, 2026
Completion on the register
Feb 2025
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك ابوظبى التجارى
The bank that holds your payments
Registered homes
455
In 4 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 30% as the building goes up, and 60% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
When you bookBooking · 10%
Booking
10%
AED 120,000+ AED 48,000 DLD fee
AED 168,000
As it is builtWhile it is built · 30%
While it is built
30%
AED 360,000
AED 528,000
At the keys (Dec 2025)Keys · 60%
Keys
60%
AED 720,000
AED 1,248,000
Booking payment, 10%
AED 120,000
Dubai Land Department fee (Oqood), 4%
AED 48,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 168,000
Total costPrice plus the DLD fee
AED 1,248,000
The handover date (Dec 2025) is too close or already past to estimate the dates. Ask the developer for its current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 90 finished projects by this developer since 2015. 77 of the 90 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late. Since Jun 12, 2026, DLD has moved the completion date of 2 of their 54 projects under way, by 9 months on average.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 35 off-plan sales of studio apartments of 184 sq ft to 621 sq ft in Azizi Riviera Reve, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in Azizi Riviera Reve sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 35 off-plan sales of studio apartments of 184 sq ft to 621 sq ft in Azizi Riviera Reve, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 3,286 per sq ft
AED 2,872 to AED 2,970 per sq ft
1 sale
AED 2,970 to AED 3,068 per sq ft
4 sales
AED 3,068 to AED 3,166 per sq ft
7 sales
AED 3,166 to AED 3,264 per sq ft
1 sale
AED 3,264 to AED 3,362 per sq ft
13 sales
This project's from price is in this band.
AED 3,362 to AED 3,460 per sq ft
6 sales
AED 3,460 to AED 3,558 per sq ft
2 sales
AED 3,558 to AED 3,655 per sq ft
1 sale
AED 2,872 per sq ftAED 3,655 per sq ft
This project AED 3,297 per sq ft
Half of the sales sold for AED 3,098 to AED 3,362 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 2,872 to AED 2,970 per sq ft
1
AED 2,970 to AED 3,068 per sq ft
4
AED 3,068 to AED 3,166 per sq ft
7
AED 3,166 to AED 3,264 per sq ft
1
AED 3,264 to AED 3,362 per sq ft
13
AED 3,362 to AED 3,460 per sq ft
6
AED 3,460 to AED 3,558 per sq ft
2
AED 3,558 to AED 3,655 per sq ft
1
The 3 closest sales
Picked from the 35 similar sales above, closest in size to this project's smallest home.
Jul 2026AED 1,509,345AED 3,655 per sq ftAZIZI RIVIERA REVE TOWER-1, 413 sq ft
Dec 2024AED 1,535,445AED 3,542 per sq ftAZIZI RIVIERA REVE TOWER-1, 433 sq ft
Dec 2024AED 1,482,195AED 3,397 per sq ftAZIZI RIVIERA REVE TOWER-1, 436 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Mohammed Bin Rashid City in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 1,200,000 here
Off-plan medianAED 1,014,000AED 2,268 per sq ft
Sales156
In line with 35 similar sales
1-bed apartment
Off-plan medianAED 1,624,000AED 2,076 per sq ft
Sales262
2-bed apartment
Off-plan medianAED 2,697,000AED 2,100 per sq ft
Sales145
3-bed apartment
Off-plan medianAED 3,950,000AED 2,051 per sq ft
Sales51
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
4.5%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
3.8%
Typical gross yield of similar ready homes
7.7%
Median rent of studio apartments in Mohammed Bin Rashid City
AED 54,000 a year
Service charge a year, from the keysThe area median, AED 17 per sq ft from 16 buildings, as of 2023, for the smallest home (364 sq ft)
AED 6,188
Rent contracts counted
3,218
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 54,000 a year
1-bed apartment
AED 85,000 a year
2-bed apartment
AED 140,000 a year
3-bed apartment
AED 190,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 54,000 ÷ AED 1,200,000 = 4.5%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Burj Khalifa/Dubai Mall Metro Station4.9 km, 14 min driveMetro station
Business Bay creek front3.7 km, 15 min driveWaterfront
North London Collegiate School550 m, 9 min walkSchool
Hartland International School750 m, 12 min walkBritish school
Dubai International School4.4 km, 15 min driveAmerican school
JSS School5.9 km, 16 min driveIndian school
Sobha Mall (Under Construction)950 m, 15 min walkMall
Azizi Riviera Reve is an Azizi apartment project in Mohammed Bin Rashid City with studios to 3-bedroom homes from AED 1,200,000. The listed handover was December 2025, so it may be out of date; ask the developer for the current status and the completion certificate.
The listed handover was December 2025, so it may be out of date; ask the developer for the current status and the completion certificate. If it is complete, visit and check the unit you are buying.
The plan is 10% on booking, 30% during construction and 60% on handover. At the from price that is AED 120,000, AED 360,000 and AED 720,000. Separately, the 4% DLD fee comes to AED 48,000. As the listed handover date has passed, ask for the payment dates in writing.
The developer gives studios of 445 sq ft, two-bedroom homes of 1,227 sq ft and three-bedroom homes of 1,692 sq ft, within the listed size range of 364 to 1,717 sq ft. Ask for the floor plan of your unit. Residents share a gym, a pool, a children's pool and play area, covered parking and a lobby.
By our map, North London Collegiate School is about 570 m away, Hartland International School about 730 m and a polyclinic about 740 m. Business Bay is about 13 minutes by car and Burj Khalifa/Dubai Mall Metro Station about 14 minutes, by our estimate.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
Studio
2 BR
3 BR
How prices moved
Median price of studio apartments in Mohammed Bin Rashid City, over the 12 months to each dateUp 26% from Dec 2024 to Sep 2026.
Dec 2024AED 1,798 per sq ft
Sep 2026AED 2,268 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 2,268 per sq ft
156 sales
Jun 2026
AED 2,214 per sq ft
118 sales
Mar 2026
AED 2,256 per sq ft
74 sales
Dec 2025
AED 2,334 per sq ft
122 sales
Sep 2025
AED 2,383 per sq ft
296 sales
Jun 2025
AED 2,477 per sq ft
518 sales
Mar 2025
AED 1,844 per sq ft
1,862 sales
Dec 2024
AED 1,798 per sq ft
2,279 sales
Off-plan sales only.
Questions about this project
Who is the developer?
Azizi. The project is in Mohammed Bin Rashid City.
When is handover?
The listed handover was December 2025, so it may be out of date; ask the developer for the current status and the completion certificate.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold.
How is the price paid?
10% on booking, 30% during construction and 60% on handover: AED 120,000, AED 360,000 and AED 720,000 at the from price. Separately, the 4% DLD fee comes to AED 48,000; ask when it is due.
Which schools are close?
North London Collegiate School is about 570 m away and Hartland International School about 730 m, by our map.
What sizes are on offer?
The listed range is 364 to 1,717 sq ft, from studios to three bedrooms. Check the floor plan of your unit.
