Azizi Riviera 40, Meydan
Azizi Riviera 40 is an eleven-storey residential apartment tower in the Azizi Riviera masterplan at Meydan One, part of Mohammed Bin Rashid City. Developed by Azizi Developments and holding 139 units, the building was completed in February 2024 with a mix of studio, one-, two- and three-bedroom apartments, and Royale Stays manages the setup, pricing and guest side of listing a unit here for a fee starting from 15%.
Developer
Azizi Developments
Storeys / units
11 storeys, 139 units
Completed
February 2024 (construction began December 2018)
Unit types
Studio, 1-, 2- and 3-bedroom apartments
About the Building
Azizi Riviera 40 is an eleven-storey residential tower developed by Azizi Developments, holding 139 apartments across a mix of studio, one-, two- and three-bedroom layouts. It is one of roughly 69-75 individually numbered towers in Azizi Developments' Azizi Riviera masterplan at Meydan One, part of Mohammed Bin Rashid City.
Construction began in December 2018, and two independent sources confirm the building holds 11 storeys and 139 units, with two basement parking levels; both sources also agree the building was completed in February 2024, with no discrepancy on either the start or completion date. Riviera 40 is one of several Azizi-developed towers already covered separately on this site, each a distinct numbered building with its own storey count, unit mix and listing history, not the wider masterplan as a whole.
Location & Nearby Landmarks
Azizi Riviera 40 sits within Meydan One, close to Al Khail Road and Meydan Road, giving quick access to Downtown Dubai, Business Bay and Dubai International Airport. Royale Stays also covers Airbnb management across the wider MBR City area, including several other Azizi Riviera towers.
Riviera 40 is one of several Azizi-developed towers covered separately on this site, including Azizi Riviera 48, Azizi Riviera 27 and Azizi Riviera 38, each a separate numbered building with its own layout and unit mix.
Unit Types
Azizi Riviera 40 holds 139 apartments across studio, one-bedroom, two-bedroom and three-bedroom layouts, confirmed via building-specific listing pages on Bayut, Citysearch and Range. This is a wider unit mix than some other numbered towers in the Riviera masterplan, making the building a reasonable fit for a broader range of owners, from solo-traveller and couple-focused studios up through small-family-sized three-bedroom units.
Amenities
Residents have access to the wider Azizi Riviera masterplan's shared amenities, including a waterfront promenade, landscaped gardens, retail and dining, swimming pools and 24-hour security. Building-specific amenity details for Riviera 40 beyond this shared, community-level offering were not independently confirmed.
Transportation & Access
Azizi Riviera 40's Meydan One address puts it minutes from Al Khail Road and Meydan Road, giving quick access to Downtown Dubai, Business Bay and Dubai International Airport by car. There is no Metro station in the immediate area today, so the area should be treated as car-dependent for now.
Rental & Price Trends
Reliable, current rental pricing specific to Azizi Riviera 40 was not independently verified to the standard this guide requires: DLD records reviewed this session show no recorded rental contracts for this specific building, only sales-transaction data (51 one-bedroom sales on record, plus a wider 12-sale, 12-month snapshot with a median price around AED 750,000). This guide does not state a specific rental AED range without a verified source. Owners considering a unit here can run their own numbers through Royale Stays' ROI calculator.
Airbnb / Short-Term Rental Income Potential
Azizi Riviera 40 is a standard freehold residential building, so the normal route applies: a DTCM holiday-home permit, arranged through Royale Stays' holiday home permit guide, and a licensed operator handling furnishing, pricing, guest communication and maintenance for a fee starting from 15%. There is already real short-term-rental activity tied to this exact building: a serviced-apartment listing under the GLOBALSTAY brand currently appears live on Booking.com titled "GLOBALSTAY Elegant Meydan Apartments – Azizi Riviera 40," a direct, current signal of real STR demand and supply here.
Azizi is a private developer, not a hotel brand: there is no policy reason, unlike Vida, the site's only confirmed prohibited brand, that Azizi Riviera 40 apartments can't be run as licensed holiday homes. Royale Stays' Airbnb management services cover furnishing, photography, dynamic pricing, guest communications, check-in and maintenance coordination. For a broader look at how Airbnb property management works across Dubai, see Royale Stays' Airbnb property management guide. Owners ready to move forward can submit their property for a free assessment.
Income context reviewed by Chris Veinbaums, DTCM-licensed operator.
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