License expires Feb 2026
RIVIERA AZURE PROPERTIES DEVELOPMENT
License #938413 · Registered 2021 · 33.3% avg completion
01Developer verdict
VERIFY LICENSE
1 completed, 2 under construction. Verify delivery history before committing. Average yield 2.6%. Best performer: LA RIVIERA AZURE (#496). License renewal due Feb 2026 — verify before committing to under-construction projects.
Top projects by rank: LA RIVIERA AZURE (#496)
02Key numbers
Total projects
3
DLD registered
Completed
1
33.3% done
Under construction
2
in progress
Avg yield
2.6%
below Dubai avg
Sales (12m)
33
transactions
Rent contracts (12m)
36
strong demand
Occupancy
18%
36 / 201 units
03Portfolio breakdown
3
projects
Completed1
Under construction2
Pending0
Recent completion track record
LA RIVIERA AZUREfinished
Lodge Residences by Riviera Azurein progress
Riviera Chaletin progress
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| LA RIVIERA AZUREfinishedAl Barsha South Fourth | #496 | 9.7% | — | — | 8.770 | Analyze project → |
| Lodge Residences by Riviera AzureactiveAl Barsha South Fourth | — | — | — | — | 13.090 | Analyze project → |
| Riviera ChaletactiveAl Barsha South Fourth | — | — | — | — | 12.401 | Analyze project → |
06Before you buy from this developer
critical
License expired — do not proceed
License #938413 expired Feb 2026. Confirm renewal before any commitment.
verify
Check escrow account status
Verify financial guarantees and milestone payment structure for under-construction projects. Confirm funds are in RERA-regulated escrow.
verify
Confirm construction schedule
For active projects: verify current construction progress vs stated completion percentage. Request latest project timeline from developer.
context
Overall risk: MEDIUM
RIVIERA AZURE PROPERTIES DEVELOPMENT has 1 completed projects. Completed projects carry lower developer risk than off-plan.
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