New homes in Riviera 60 start at AED 1,195,000; keys are due Mar 2027; you pay 10% to book, 10% while it is built and 80% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 153 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Al Merkadh. Their median price is AED 2,286 per sq ft (about AED 1,056,000 at 462 sq ft). This project's from price is AED 2,587 per sq ft (AED 1,195,000 for its smallest home, 462 sq ft), 13% more.
Keys
Mar 2027
The developer's handover date
Payment plan
10 / 10 / 80
10% to book, 10% while it is built, 80% at the keys
Bedrooms
Studio to 2 beds
Sizes
462 to 1,392 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 2,587 per sq ft
Similar off-plan homes: AED 2,286 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. The developer can give you its RERA project number.
Paying for it
You pay 10% when you book, 10% as the building goes up, and 80% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 10%
Booking
10%
AED 119,500+ AED 47,800 DLD fee
AED 167,300
Jan 2027While it is built · 10%
While it is built
10%
AED 119,500
AED 286,800
Mar 2027Keys · 80%
Keys
80%
AED 956,000
AED 1,242,800
Booking payment, 10%
AED 119,500
Dubai Land Department fee (Oqood), 4%
AED 47,800
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 167,300
Total costPrice plus the DLD fee
AED 1,242,800
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
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.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
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 153 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Al Merkadh, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Al Merkadh, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 153 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Al Merkadh, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,286 per sq ft
AED 1,440 to AED 1,685 per sq ft
3 sales
AED 1,685 to AED 1,931 per sq ft
8 sales
AED 1,931 to AED 2,177 per sq ft
56 sales
AED 2,177 to AED 2,422 per sq ft
46 sales
AED 2,422 to AED 2,668 per sq ft
25 sales
This project's from price is in this band.
AED 2,668 to AED 2,914 per sq ft
3 sales
AED 2,914 to AED 3,160 per sq ft
10 sales
AED 3,160 to AED 3,405 per sq ft
2 sales
AED 1,440 per sq ftAED 3,405 per sq ft
This project AED 2,587 per sq ft
Half of the sales sold for AED 2,106 to AED 2,428 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 1,440 to AED 1,685 per sq ft
3
AED 1,685 to AED 1,931 per sq ft
8
AED 1,931 to AED 2,177 per sq ft
56
AED 2,177 to AED 2,422 per sq ft
46
AED 2,422 to AED 2,668 per sq ft
25
AED 2,668 to AED 2,914 per sq ft
3
AED 2,914 to AED 3,160 per sq ft
10
AED 3,160 to AED 3,405 per sq ft
2
The 3 closest sales
Picked from the 153 similar sales above, closest in size to this project's smallest home.
Jul 2026AED 1,126,740AED 2,439 per sq ftAZIZI Riviera 58, 462 sq ft
Apr 2026AED 1,114,960AED 2,413 per sq ftAZIZI Riviera 58, 462 sq ft
Sep 2026AED 1,102,500AED 2,384 per sq ftAZIZI Riviera 66, 462 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 Meydan 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 1,195,000 here
Off-plan medianAED 1,014,000AED 2,268 per sq ft
Sales156
13% above 153 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
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)
3.7%
Typical gross yield of similar ready homes
7.7%
Median rent of studio apartments in Meydan 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 (462 sq ft)
AED 7,854
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
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 54,000 ÷ AED 1,195,000 = 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
Creek Metro Station5.5 km, 13 min driveMetro station
Business Bay creek front4.4 km, 15 min driveWaterfront
North London Collegiate School1,000 m, 16 min walkSchool
Hartland International School1.3 km, 3 min driveBritish school
Dubai International School5.2 km, 15 min driveAmerican school
JSS School6.6 km, 16 min driveIndian school
Sobha Mall (Under Construction)1.5 km, 3 min driveMall
Riviera 60 is an Azizi building in Meydan City with studios to 2-bedroom apartments from AED 1,195,000 and handover listed for March 2027. The price check puts the from price per square foot 13% above 153 similar studio sales in Al Merkadh over the 12 months to November 2026.
Over the 12 months to November 2026, the Dubai Land Department recorded 153 studio off-plan sales in Al Merkadh. The from price per square foot is 13% above their median. That is an area comparison, not one with this building.
Most of the price falls at handover. The plan is 10% on booking, 10% during construction and 80% on handover: AED 119,500, AED 119,500 and AED 956,000 at the from price. The 4% DLD fee comes to AED 47,800. Handover is listed for March 2027, about four months away, so ask for a recent construction update.
Homes range from studios to two bedrooms, about 462 to 1,392 sq ft. The developer lists Italian marble flooring. Residents get a gym and a shared swimming pool, and the wider community has lagoon beaches and sports courts.
By our map, North London Collegiate School is about 1 km away and Hartland International School about 1.3 km. A pharmacy clinic is about 700 m away. Business Bay is about 4.5 km, roughly 12 minutes by car by our estimate, and Creek Metro Station about 5.5 km, around 13 minutes by car.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
Studio
1 BR
2 BR
How prices moved
Median price of studio apartments in Meydan 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
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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
Which developer is building Riviera 60?
Azizi. The project is in Meydan City and is freehold.
Is the price higher than the area?
The from price per square foot is 13% above 153 similar studio off-plan sales in Al Merkadh over the 12 months to November 2026.
How much is due at handover?
80% of the price, which is AED 956,000 at the from price. Before that you pay AED 119,500 on booking and AED 119,500 during construction. Separately, the 4% DLD fee comes to AED 47,800; ask when it is due.
How large are the homes?
Studios to two-bedroom apartments of about 462 to 1,392 sq ft.
When is handover?
Handover is listed for March 2027, about four months from now.
