Azizi Riviera 58: A Canal-Side Apartment Block in Meydan One
Azizi Riviera 58 is an apartment building from Azizi Developments. It sits inside the larger Azizi Riviera community, which forms part of Meydan One in Dubai's Meydan district. This is one block within a much bigger cluster. The block number itself signals scale, since this is one of many numbered buildings in the Riviera development. You are buying into an established, dense residential scheme rather than a standalone tower.
Living Between Downtown and the Racecourse
Meydan sits just south of Downtown Dubai and Business Bay. Al Khail Road runs along the area, which puts the main business and retail hubs within a short drive. The Meydan Racecourse and the Dubai Water Canal are the local anchors. For a resident, that means city-centre access without paying Downtown prices. For an investor, the pitch is tenants who want to be near Business Bay but get more space for the money. The community also carries its own restaurants and retail, so daily errands stay inside the cluster.
From AED 1.2M Studios to AED 3.3M Two-Bedrooms
Prices run from AED 1,200,000 to AED 3,300,000. That is a wide band. The ceiling sits at nearly three times the floor, so one address serves very different budgets. The spread is about unit size, not finish tiers. The floor price buys a studio. Around AED 1,900,000 moves you into a one-bedroom. The top of the range, near AED 3,300,000, is a two-bedroom unit. So the low end suits a single buyer, a first investment, or a short-stay rental play. The high end suits a small family or an end user who wants a longer-term home in the community.
One Property Type, Clear Buyer Profile
Every unit here is an apartment. That keeps the buyer profile simple. It works for investors chasing rental yield on smaller units. It also works for owner-occupiers who want a managed, amenity-served building over a private plot.
What Comes With the Building
| Theme | Amenities |
|---|---|
| Recreation and family | Landscaped Gardens, Indoor Swimming Pool, Gymnasium, Children's Play Area |
| Retail and dining | Restaurants, Retail Facilities |
| Building services | Security |
The indoor swimming pool stands out. Most Dubai buildings default to an outdoor pool, so the indoor option is a minor point of difference for year-round use. The rest of the list is a standard mid-market family set. Gardens, a play area, a gym, and on-site retail point at end users and families, not only short-term investors. With restaurants and retail in the community, a resident can cover daily needs without leaving the cluster.
Handover Targeted for May 2027
Construction started in May 2025. Expected completion is May 2027. If you buy now, you are entering an off-plan project with roughly a year of build left. You hold a construction-stage asset, not a finished home. The value at exit depends on the project completing on schedule. The short timeline left does limit how long your money sits exposed before delivery.
Getting In for 10%
| Stage | Share of price |
|---|---|
| Down payment | 10% |
| During construction | 20% |
| On handover | 70% |
The 10% down payment is a low entry point. It lets a buyer secure a unit with limited upfront cash. The structure is back-loaded though. Only 30% is due before handover, and the full 70% lands at completion. The 20% spread across the build period keeps the monthly outlay light until completion. It suits a buyer with strong liquidity at completion, or mortgage financing timed near the handover date. It is less comfortable for someone who would rather spread payments evenly across the build. Read the split as cheap to enter, heavy to finish.