Azizi Riviera
Azizi Riviera handover status by phase and tower, current studio prices and rents, and the payment plans used across its Meydan buildings.
Short answer
Azizi Riviera's first phases were handed over between 2019 and 2023. Azizi said 53 of its 75 phase 4 buildings were delivered by September 2025, with the rest due by Q2 2026, and a further 667 homes at Riviera 69 and Beachfront I handed over in March 2026. Azizi has continued launching new numbered towers in the same Meydan community, including Riviera 49, 53, 54, 55, 58, 60, 64, 66 and 68, with handover dates published between January and May 2027 (Property Finder, 2026). Studio rents across Riviera towers currently range from about AED 35,000 to over AED 120,000 a year, averaging roughly AED 55,000 to 58,000 (Property Finder, 2026).
- Status
- partly handed over
- Handover
- Original phases mostly complete by 2025; new towers due Jan to May 2027
- Payment plan
- Varies by tower: typically 10% down, then instalments, 70 to 75% on handover
- Starting price
- From AED 480,000 (new towers, listed 2026)
Phase 4 buildings handed over
53 of 75
Azizi via Gulf Construction, 2 Sep 2025
Further homes handed over
667
Riviera 69 and Beachfront I, Mar 2026
New towers, handover published
Jan to May 2027
Riviera 49, 53, 54, 55, 58, 60, 64, 66, 68. Property Finder, 2026
Studio rent, typical range
AED 35,000 to 120,000/yr
Property Finder, 2026
When will Azizi Riviera be handed over?
Azizi Riviera is not one building but a large, ongoing Meydan community, so the handover date depends on which tower a buyer holds.
| Phase or building | Status | Source |
|---|---|---|
| Phases 1 to 3 | Complete, 2019 to 2023 | Propsearch |
| Phase 4, 53 of 75 buildings | Handed over by Sep 2025 | Azizi via Gulf Construction, 2 Sep 2025 |
| Riviera 69, Beachfront I | Handed over, 667 homes, Mar 2026 | UAE News 24/7, 31 Mar 2026 |
| Riviera 53, 60 | Under construction, due Jan and Mar 2027 | Property Finder, 2026 |
| Riviera 49, 55 | Under construction, due Mar 2027 | Property Finder, 2026 |
| Riviera 54, 58, 64, 66, 68 | Under construction, due May 2027 | Property Finder, 2026 |
Buyers in the remaining phase 4 buildings and in newer numbered towers should confirm the completion date and any grace period in their own sale and purchase agreement rather than the community wide figures above.
What is the payment plan for Azizi Riviera?
Azizi has not used one fixed plan across the whole community. Early phases sold on 10% down, 20% during construction and 70% on handover. Some current towers, such as Riviera 53, 58, 60 and 66, list a 10% down payment, 20% during construction and 70% on handover, and Riviera 68 lists 10% down, 15% during construction and 75% on handover (Property Finder; Propsearch, 2026). A 20% down, 80% on handover option has also been advertised on selected units.
As a worked example only, for a studio at Riviera 53 listed from AED 510,000 on a 10/20/70 plan: 10% down is AED 51,000, plus the 4% DLD registration fee of AED 20,400, for AED 71,400 due at booking. The 20% construction instalment is AED 102,000, and the 70% due on handover is AED 357,000.
What do homes at Azizi Riviera cost, to buy and to rent?
Original phase studios launched from about AED 561,000 in 2017 and are now listed from around AED 579,000 on resale (Propsearch, 2026). Newer numbered towers have launched from lower entry points on smaller units, with studios currently listed from about AED 480,000 to AED 660,000 and one and two bedroom units from roughly AED 1.1 million to AED 1.6 million, depending on the building (Property Finder listings, 2026).
For renting, studios in completed towers such as Riviera 32 and Riviera 46 are currently asking between about AED 35,000 and AED 120,000 a year, with reported averages of roughly AED 55,000 to AED 58,000 for the area (Property Finder, 2026). Rents vary with size, floor and view.
Who is the developer and what is its handover record?
Azizi Developments says it has delivered more than 45,000 homes in Dubai in total and handed over 7 projects in 2026 alone, with 10 more targeted by the end of the year (Azizi via GDN, 15 Sep 2026). Riviera is one of its largest single communities, and its phase 4 handovers have run behind the pace of the earlier phases.
What to check before booking
- The exact building number, such as Riviera 53 or Riviera 68, since handover dates and payment plans differ tower by tower within the same community.
- The handover date and grace period in your SPA, not a community wide figure.
- The DLD project status for that specific building, through the Dubai Land Department’s project status enquiry service.
- How the 4% DLD fee is billed alongside your chosen instalment plan.
- Whether you are buying off-plan from Azizi or on resale, since original phases are marketed as sold out and only available through resale.
Questions buyers also ask
When will Azizi Riviera be handed over?
It depends on the building. The original phases 1 to 3 completed between 2019 and 2023. Phase 4 was 53 of 75 buildings delivered by September 2025, with the remainder due by Q2 2026. Newer numbered towers such as Riviera 49, 55, 58, 60, 64, 66 and 68 have published handover dates between January and May 2027 (Property Finder, 2026).
What is the payment plan for Azizi Riviera?
It varies by tower and launch date. Older phases used 10% down, 20% during construction and 70% on handover. Newer towers list 10% down with either a 15% or 20% construction instalment and 70 to 75% on handover, and some use a 20% down, 80% on handover plan (Property Finder; Propsearch, 2026).
How much does it cost to rent a studio in Azizi Riviera?
Asking rents for studios across Riviera's numbered towers range from about AED 35,000 to over AED 120,000 a year, with reported averages of roughly AED 55,000 to 58,000, depending on the building and size (Property Finder, 2026).
Is a studio for rent in Azizi Riviera easy to find?
Yes. Individual towers such as Riviera 32 and Riviera 46 each list dozens of active rental units on property portals, since the original phases are complete and occupied (Property Finder, 2026).
Is Azizi Riviera sold out?
The original phases are marketed as sold out, with resale listings available instead. Newer numbered towers are separate launches and may still have units on sale directly from Azizi.
Where is Azizi Riviera located?
In Meydan One, within Mohammed Bin Rashid City, Dubai, centred on a landscaped lagoon.