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YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT

Building Guide · Meydan

Azizi Riviera 5, Meydan

Azizi Riviera 5 is a 9-storey building by Azizi Developments within the Riviera masterplan in Meydan, MBR City, offering studio and one-bedroom apartments only, completed in 2022. Royale Stays covers the location, unit mix and honest Airbnb income potential, with management available from a fee starting at 15%.

Floors

9

Developer

Azizi Developments

Unit Types

Studio-1BR

Units

197

Completed

2022

Contemporary glass-fronted high-rise residential building against a clear blue sky

About Azizi Riviera 5

Azizi Riviera 5 is a residential building developed by Azizi Developments, one of many numbered towers within the wider Riviera masterplan in Meydan, Mohammed Bin Rashid City (MBR City). It is a 9-storey, mid-rise building around 38 metres tall, with construction records showing a start date of July 2017. Dubai Land Department records show completion recorded by October 2022, though some broker listings mark the building as ready into 2023, so buyers and owners should confirm the exact handover date against their own title documents rather than any single source.

Property records put the building at around 197 residential units, together with ground-floor commercial retail space. Unlike some other numbered Riviera towers, every source checked for this guide, including the developer's own project listing, agrees Riviera 5's residential mix is studio and one-bedroom apartments only, with no two- or three-bedroom layouts under this building name.


Location & Nearby Landmarks

Azizi Riviera 5 sits inside the Riviera masterplan in Meydan, part of MBR City, close to Meydan Racecourse, home of the Dubai World Cup. From the building it is roughly a 15-minute drive to Dubai Mall and about 18 minutes to Dubai International Airport. For a wider view of the area's short-term rental market, Royale Stays' Airbnb management guide for MBR City covers licensing and demand across the Azizi Riviera towers.

Riviera 5 is one of several Azizi-developed towers covered separately on royalestays.com, including Azizi Riviera 4, Azizi Riviera 17 and Azizi Riviera 46, each a separate numbered building with its own layout and completion timeline.


Unit Types

Every source checked for this guide, including Azizi Riviera's own project site and live listing samples, describes Riviera 5's unit mix as studios and one-bedroom apartments only, with studio units running roughly 379-492 sq ft and one-bedroom units roughly 697-1,120 sq ft, out of around 197 total units. There are no two- or three-bedroom apartments recorded under this building name, and no floor-plan diagrams are included here since these are typically the developer's or broker's proprietary material.


Amenities

Azizi Riviera 5's own facilities include a swimming pool, gym, landscaped gardens, a retail boulevard and a BBQ area, with community-view and boulevard-view units both available, plus covered parking and round-the-clock CCTV security. Like the rest of the masterplan, the building also sits within reach of the wider Riviera amenity set, centred on a crystal lagoon and a roughly 2 km beach with a palm tree-lined boulevard, plus restaurants, cafes and retail outlets.


Dubai Land Department transaction records show around 50 recorded sales for Azizi Riviera 5, with prices ranging from roughly AED 1,477 to AED 3,854 per square foot. Recent examples include a 379 sq ft studio selling for AED 600,000 (AED 1,582 per square foot) and a 731 sq ft one-bedroom unit at AED 1,383,608 (AED 1,892 per square foot). Owners weighing a specific unit's numbers can run their own scenario through Royale Stays' ROI calculator.


Airbnb / Short-Term Rental Income Potential

Short-term letting anywhere in Dubai, including at Azizi Riviera 5, runs through a DTCM (Department of Economy and Tourism) holiday home permit, professional photography, dynamic pricing, round-the-clock guest communication, housekeeping between stays and owners-association coordination. Royale Stays runs the full operation for a fee starting from 15%, covering furnishing, photography, pricing, check-in and guest communications.

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 5 apartments can't be run as licensed holiday homes. MBR City is not one of Royale Stays' five core managed areas, so income figures specific to this building are not yet available; the wider operational approach is covered in Royale Stays' guide to Airbnb property management in Dubai. Owners ready to move forward can submit their property for a free earnings estimate.

Income context reviewed by Chris Veinbaums, DTCM-licensed operator.



Questions

Frequently Asked Questions

Azizi Riviera 5 is a residential building in Meydan, MBR City, developed by Azizi Developments, one of many numbered towers in the Riviera masterplan, offering studio and one-bedroom apartments across 9 storeys.
Property records show around 197 units at Azizi Riviera 5, plus ground-floor commercial retail space.
Azizi Riviera 5 offers studio apartments (roughly 379-492 sq ft) and one-bedroom apartments (roughly 697-1,120 sq ft) only. There are no two- or three-bedroom units under this building name.
Construction on Azizi Riviera 5 began in July 2017, with Dubai Land Department records showing completion by October 2022, though some broker listings mark the building as ready into 2023.
Yes. Every Dubai short-term rental requires a DTCM holiday home permit. A management company can submit the application for you, including for owners based overseas.
Yes. Royale Stays manages remotely for overseas owners, covering the DTCM permit, guest operations, housekeeping and maintenance, with monthly income transferred to the owner.