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Studio · 433 sqftAzizi Riviera 1, Meydan One · 1st floor · completed 2024

116, Azizi Riviera 1

Sold prices and rental history: sold once, by the developer in May 2024, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 24 March 2025
Last soldAED 562K13 May 2024
Current rentAED 47K /yr24 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 116, Azizi Riviera 1

What is 116 worth today?

Last sold for AED 562,310 in 2024

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24 Mar 2025RentedNew contract
AED 47,000/yr12 months · AED 109 per sqft
13 May 2024Sold by developerOff-plan
AED 562,310AED 1,299 per sqft

Source: Dubai Land Department. Updated 24 March 2025.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
1st of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 562K · May 2024
Building
Azizi Riviera 1

About 116, Azizi Riviera 1

116 is a studio of 433 sqft on the 1st floor of Azizi Riviera 1, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. The developer sold it on 13 May 2024 for AED 562,310, or AED 1,299 per sqft, 15% below the AED 1,520 studios in the building were fetching at the time.

One Ejari contract is registered, from 24 March 2025. The current contract, signed on 24 March 2025, is AED 47,000 a year: a gross yield of 8.4% on the 2024 price.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical studio in Azizi Riviera 1
500K600K2017202020232026Typical sale price by year: 2017 AED 443,458; 2018 AED 447,459; 2019 AED 445,522; 2021 AED 459,420; 2022 AED 455,000; 2023 AED 473,210; 2024 AED 489,600; 2025 AED 620,000; 2026 AED 660,000Sold by developer, May 2024: AED 562,310 (AED 1,299 per sqft)

116 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 116, each contractTypical studio in Azizi Riviera 1
48K50K202520262027Typical rent by year: 2025 AED 49,000; 2026 AED 50,000New contract, March 2025: AED 47,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Azizi Riviera 1, and where 116 sits

All 315 studios →

116 last sold in May 2024 at AED 1,299 per sqft, 15% below what studios in Azizi Riviera 1 were fetching at the time (AED 1,520). Over the last 12 months studios sold for AED 485,850 to 700,000, around AED 2,141 per sqft, and rent for AED 44,000 to 72,000 a year. 116's AED 47,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 2026650,000
10 Feb 2026670,000
5 Feb 2026660,000
3 Feb 2026660,000
7 studio sales in the last 12 months

Azizi Riviera 1

Building

378 apartments, studios to 1-bed over 10 floors in Meydan One, completed in 2024 by Azizi Developments. 10 sold in the last 12 months.

Typical price per sqft
AED 2,119 Up 5.5%
Typical sale
AED 665K
Typical rent
AED 51K /yr
Typical yield
7.6%
Azizi Riviera 1, Meydan One: prices, sales and rents →

Other units on the 1st floor

All 378 units in Azizi Riviera 1
Value
101StudioAED 554K · Jun 2021
102StudioAED 392K · Oct 2023
1031-bedAED 730K · Dec 2017
1041-bedAED 690K · Sep 2021
105StudioAED 579K · May 2018
106StudioAED 635K · Jul 2025
107StudioAED 605K · Jun 2024
1–7 of 35

116, Azizi Riviera 1 in numbers

  • Sold once: by Azizi Developments on 13 May 2024 for AED 562,310, or AED 1,299 per sqft.
  • Rented since March 2025 on one Ejari contract, at AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2024 price is 8.4%.
  • Studios in Azizi Riviera 1 sold for AED 485,850–700,000 in the 12 months to November 2026; the building's median across all types is AED 2,119 per sqft.

Source: Dubai Land Department. Updated 24 March 2025.

Questions about 116, Azizi Riviera 1

What did unit 116 last sell for?

AED 562,310 on 13 May 2024, sold by the developer: AED 1,299 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 47,000 a year on the contract signed on 24 March 2025.

How big is unit 116?

433 sqft (40.2 sqm): a studio on the 1st floor of a 10-storey tower completed in 2024.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 1 sold for AED 485,850 to 700,000 in the last 12 months, around AED 2,141 per sqft.

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Mortgage on 116, Azizi Riviera 1

Starts from the last sale price (AED 562K, 13 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 562,310
Deposit, UAE resident (20%)
AED 112,462
Deposit, non-resident (40%)
AED 224,924
Monthly over 25 years at 3.7%
AED 2,301

Plus AED 28,627 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →