A distress resale at Riviera Azure, the Azizi-built Mediterranean-style waterfront masterplan in Meydan / MBR City. Furnished 1-bedroom with a full lagoon view, already ready to move in. The seller is exiting under time pressure on one of the most amenity-rich lagoon-front communities in central Dubai.
ABOUT RIVIERA / RIVIERA AZURE
Riviera is a Mediterranean-themed waterfront masterplan in Meydan / MBR City, developed by Azizi Developments. The masterplan combines 75+ low-to-mid-rise residential buildings around a central crystal lagoon, with a pedestrian retail boulevard, F&B promenade, and direct lagoon-front amenity decks. Riviera Azure is one of the premium phases inside the masterplan — full lagoon view orientation, premium amenity podium, and one of the better-finished building specifications across the Riviera portfolio.
BUILDING AMENITIES
- Crystal lagoon access
- Multiple swimming pools (lagoon, infinity, kids)
- Beach club access
- Fully-equipped gym
- Yoga and meditation deck
- Sauna and steam room
- BBQ and outdoor lounge
- Concierge service
- Covered parking
- 24/7 security
THE LOCATION — MEYDAN / MBR CITY
Riviera sits inside the Meydan / MBR City corridor, one of the strongest end-user residential clusters in central Dubai.
- 7 minutes to Downtown Dubai
- 10 minutes to Business Bay
- 12 minutes to DIFC
- 15 minutes to Dubai International Airport
- Direct access to Al Khail Road and Sheikh Zayed Road
LIFESTYLE
- Lagoon-front living with swimmable crystal lagoon
- Retail boulevard and F&B promenade within the community
- Walking distance to Meydan One Mall (upcoming)
- Close to Meydan Racecourse and Meydan Golf
WHY THIS PROPERTY
A below-cost-basis entry on a ready, furnished, lagoon-front unit with three factors converging:
- Pricing. AED 1.74M against OP+DLD of AED 2.12M — buyer enters approximately 17.6% below the developer cost basis on a unit that is already complete and furnished.
- Configuration. Full lagoon view orientation, furnished, move-in ready. The combination of “ready,” “furnished,” and “full lagoon” inside Riviera is the premium configuration. Distress pricing on this spec is rare.
- Speed. The unit is ready. Income generation starts the day of transfer. No construction risk, no payment-plan exposure, no waiting period.
For an investor: a ready, furnished, lagoon-front unit below developer cost — immediate rental activation, strong short-stay and long-stay demand in the Meydan corridor.
For an end-user: a move-in-ready furnished 1BR with full lagoon views, 7 minutes from Downtown, at a sub-AED-1.8M entry — exceptional value for a finished waterfront home.
STATUS
- Ready / handover complete
- Quick close available — seller is time-pressured
- Buyer pays standard DLD (4% + admin fees)
- Vacant / furnished — move-in or rent immediately