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Peak Trust - Global Real Estate

Park Avenue vs Riviera Beachfront

Park Avenue is the cheaper of the two: it starts at AED 1,363,000 against AED 2,030,000, a 49% gap and prices at AED 1,447 per square foot against AED 2,211. Both hand over in 2026. Both projects are in Al Merkadh, so the same area benchmark applies to each.

A side-by-side comparison of two off-plan developments in Al Merkadh, Dubai: pricing, payment plans, handover and developer track record, from official Dubai Land Department records.

Side by side

Park Avenue and Riviera Beachfront compared

Both projects are in Al Merkadh · area avg AED 2,109/sqft · 5-yr area growth +39%. Park Avenue has the lower entry price.

Park Avenue versus Riviera Beachfront comparison
Park AvenueRiviera Beachfront
Starting priceAED 1,363,000AED 2,030,000
Payment plan80/2020/80
Handover20262026
DeveloperAzizi DevelopmentsAzizi Developments
Total units471609
Developer projects150150
Developer delivered8989

Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Jul 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.

Questions & answers

Frequently Asked Questions

Which is cheaper, Park Avenue or Riviera Beachfront?

Park Avenue has the lower entry price, from AED 1,363,000 against AED 2,030,000 for Riviera Beachfront. Per square foot the order is Park Avenue at AED 1,447 and Riviera Beachfront at AED 2,211.

Which hands over first, Park Avenue or Riviera Beachfront?

Both Park Avenue and Riviera Beachfront are scheduled to hand over in 2026.

What payment plans do Park Avenue and Riviera Beachfront offer?

Park Avenue is offered on a 80/20 payment plan and Riviera Beachfront on 20/80.

How do the developers of Park Avenue and Riviera Beachfront compare?

Azizi Developments has 150 projects registered with the Dubai Land Department and 89 delivered, against 150 registered and 89 delivered for Azizi Developments.

What do homes cost in Al Merkadh generally?

Homes in Al Merkadh sold at an average of AED 2,109 per square foot, from sale transactions registered with the Dubai Land Department. That is up 39% over five years.