Azizi Greenfield

Azizi Greenfield: Boutique Freehold Luxury in the Heart of Meydan, Mohammed Bin Rashid City

TL;DR: Azizi Greenfield is a boutique freehold residential building of approximately 96 apartments within Meydan Avenue — the French Riviera-inspired precinct of Mohammed Bin Rashid City (MBR City). Offering 61 one-bedroom and 35 two-bedroom apartments from 648 to 1,238 sqft, the L-shaped building sits within one of Dubai's fastest-growing and most centrally connected master communities, 4 minutes from the Burj Khalifa. Completed Q1 2024, starting from AED 2.2 million with an 8% benchmark rental yield. Amenities include a gym, shared pool, sauna, spa, and valet parking.

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Overview

Azizi Greenfield brings boutique residential luxury to Meydan Avenue — the dedicated residential spine of Mohammed Bin Rashid City, Dubai's most ambitious master-planned district and one of the world's largest urban development projects. The building's intimate scale — approximately 96 apartments across a distinctive L-shaped footprint — is a deliberate design choice: rather than blending into a sea of identical towers, Greenfield creates a recognizable, community-centered residential environment that supports genuine neighbor interaction and a strong sense of place.

Mohammed Bin Rashid City (MBR City) was conceived as a self-contained new city within Dubai — combining the Meydan Racecourse, the Meydan One Mall, District One's crystal lagoon villas, the Meydan Hotel, and the broader Meydan Avenue residential precinct into a single, cohesive urban experience. As one of the early completed buildings within this evolving master community, Azizi Greenfield offers investors the advantage of a delivered asset at what remains a relatively early stage of MBR City's full buildout — a position historically associated with the strongest capital appreciation outcomes.

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Mohammed Bin Rashid City and the Meydan Context

To appreciate Azizi Greenfield's value, one must understand the extraordinary master community it sits within:

Meydan Racecourse: One of the world's most celebrated horse racing venues, home to the Dubai World Cup — the richest horse race on earth with a USD 30.5 million prize fund. The racecourse creates a permanent prestige anchor for the Meydan district, attracting a high-net-worth domestic and international audience throughout the racing season.

District One — Mohammed Bin Rashid City: The most coveted villa community in MBR City, featuring a 7-kilometer crystal-clear lagoon surrounded by waterfront villas selling for AED 10–50 million. District One is located less than 3 km from Azizi Greenfield — a proximity that confers significant halo value on the surrounding apartment market.

Meydan One Mall: One of the world's largest planned shopping destinations, with a mixed-use development that includes retail, entertainment, hospitality, and residential components, currently in various stages of development within the precinct.

Meydan Hotel and Golf Club: A five-star hotel and an 18-hole golf course directly within the master community, providing residents with elite recreational and hospitality access.

Meydan Avenue: The primary residential boulevard of the master plan — a tree-lined, pedestrian-friendly avenue housing multiple apartment buildings, retail, cafes, and lifestyle amenities along its length. Azizi Greenfield's address on Meydan Avenue places it at the living heart of this evolving urban precinct.

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Architecture and Design

Azizi Greenfield's L-shaped floor plan is its defining architectural feature. Unlike a standard rectangular tower, the L-configuration creates two distinct wings of apartments that face an internal courtyard — a design decision that generates a more private, intimate feel for residents, creates a sheltered outdoor courtyard space, and allows more apartments to benefit from multiple aspects of natural light.

The building's exterior features a contemporary, Mediterranean-influenced facade — clean lines, warm tones, and significant glazing — reflecting the French Riviera aesthetic that characterizes the broader Meydan Avenue precinct. The low-to-mid-rise scale keeps the building human-centered and approachable, avoiding the verticality and density of Dubai's high-rise districts.

Interior Specification:

• Open-plan living, dining, and kitchen zones maximizing the sense of space
• Large windows and balconies capturing courtyard or boulevard views
• Contemporary fitted kitchens with quality cabinetry and integrated appliances
• Elegant bathrooms with premium fixtures and quality tiling
• Built-in wardrobes in all bedrooms
• Central A/C throughout
• Balconies on all apartments

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Unit Configurations

The building's approximately 96 apartments are split between two bedroom categories:

1-Bedroom Apartments (61 units): 648–1,032 sqft A generous size range for the 1BR category — from efficient urban studios at the lower end to spacious 1BR configurations at 1,032 sqft that rival 2BR sizing in many other developments. The variety of size options within the 1BR tier makes this the most versatile product in the building, suitable for single professionals, couples, and investors seeking maximum rental yield in a competitive segment.

2-Bedroom Apartments (35 units): 999–1,238 sqft Family-oriented layouts with clear separation between sleeping and living zones. At 999–1,238 sqft, these are spacious by Dubai apartment standards — sufficient for a family with one or two young children, or for professionals who require a dedicated home office. The scarcity of 2BR units (only 35 in the entire building) creates favorable supply/demand dynamics for both rental and resale.

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Amenities and Facilities

Azizi Greenfield's amenity package provides a comprehensive wellness and leisure offering appropriate to the building's boutique scale:

Aqua and Leisure:

• Shared Swimming Pool: A well-maintained, temperature-controlled pool within the building's landscaped courtyard — the natural social hub for residents
• Sauna: A dedicated dry sauna for post-workout recovery and relaxation

Health and Wellness:

• Fully Equipped Gymnasium: Cardio machines, free weights, and resistance equipment for residents' daily fitness routines
• Spa: A spa facility offering treatment services for residents seeking professional wellness care without leaving the building
• Jogging Trails: Access to landscaped jogging paths within the Meydan Avenue precinct

Family and Social:

• Landscaped Gardens: Curated garden spaces surrounding the building, creating a green visual environment that softens the urban setting
• Children's Playground: A dedicated, safe play area for families with young children

Practical Convenience:

• Shared Parking / Valet Parking: Covered parking provision with the added luxury of valet service — a premium amenity typically found only in higher-price residential offerings
• High-Speed Elevators: Efficient vertical transit across the building's floors
• 24/7 Security: Controlled access and CCTV monitoring throughout

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Location and Connectivity

Proximity to Downtown Dubai: Meydan Avenue's most extraordinary attribute is its proximity to the heart of Old Dubai. At less than 3km from the Burj Khalifa — accessible in 4 minutes by car — Azizi Greenfield offers a Downtown-adjacent lifestyle at a price point significantly below the Downtown Dubai market.

Road Connectivity:

• Al Ain Road (E66): The primary highway directly accessible from Meydan, providing rapid connection to Downtown Dubai and Dubai International Airport
• Ras Al Khor Road: Secondary arterial providing multi-directional connectivity
• Sheikh Mohammed Bin Zayed Road (E311): Further cross-emirate connectivity accessible within minutes

Distance to Key Destinations:

• Burj Khalifa / Downtown Dubai — 4 minutes (3 km)
• The Dubai Mall — 5 minutes
• Dubai International Airport (DXB) — 15 minutes
• Dubai International Financial Centre (DIFC) — 10 minutes
• Meydan Racecourse — within the master community
• Dubai Marina — 25 minutes

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Investment Analysis

Project Status: Ready / Completed (Q1 2024)

Title Type: Freehold — all nationalities eligible for full UAE property ownership.

Golden Visa Eligibility: At AED 2.2 million starting price, all unit configurations at Azizi Greenfield comfortably exceed the AED 2 million threshold for UAE Golden Visa eligibility, granting qualifying buyers a 10-year residency visa.

Rental Market Performance: Meydan Avenue has established itself as one of the most consistent rental performers in Dubai's mid-to-premium apartment market:

• Benchmark gross rental yield of approximately 8% per annum — among the highest achievable in Dubai for a completed, quality building at this price tier
• 1BR apartments on Meydan Avenue typically command annual rents of AED 90,000–130,000
• 2BR apartments achieve AED 130,000–170,000 per annum
• High demand from DIFC, Downtown, and Dubai International Financial Centre professionals who seek a quieter residential location with easy commuting access

Capital Appreciation:

• MBR City properties have demonstrated consistent 8%–12% annual appreciation as the master community's infrastructure matures and new developments complete
• District One's continued ultra-luxury villa sales activity creates a persistent halo effect on surrounding apartment values
• The early-stage nature of Meydan Avenue's full buildout means buyers today are positioned to benefit from community maturation appreciation

Boutique Building Premium:

• Approximately 96 units versus 500+ in comparable master community towers — scarcity drives both rental and resale premiums
• The building's intimate character appeals to tenants and buyers who value community atmosphere over tower anonymity

Why Azizi Greenfield Stands Out:

1. 4 Minutes from Burj Khalifa: Downtown-adjacent pricing that remains meaningfully below the Downtown Dubai market itself
2. 8% Benchmark Yield: One of the highest gross yield benchmarks among completed quality apartment buildings in Dubai
3. Boutique Scale: Only ~96 units — scarcity creates pricing power in both the rental and resale markets
4. Meydan Master Plan Halo: District One, Meydan Racecourse, and the MBR City legacy ensure long-term prestige and demand
5. Sauna + Spa + Valet Parking: A premium amenity package for a building of this boutique scale — reflecting Azizi's commitment to quality over quantity

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Summary

Azizi Greenfield is the boutique investor's answer to Downtown Dubai — a 96-apartment, L-shaped freehold building on Meydan Avenue, 4 minutes from the Burj Khalifa, delivering an 8% benchmark rental yield, spa and sauna amenities, and valet parking within Mohammed Bin Rashid City's rapidly maturing master community. For investors seeking an established, yielding asset with genuine capital appreciation upside in one of Dubai's most strategically located precincts, Azizi Greenfield represents a compelling and differentiated opportunity.