Studio · 352 sqftAzizi Riviera 12, Meydan One · completed 2022

309, Azizi Riviera 12

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 539K16 August 2022
Current rentAED 41K /yr20 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Azizi Riviera 12

What is 309 worth today?

Last sold for AED 538,740 in 2022

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20 Mar 2024RentedNew contract
AED 40,700/yr12 months · AED 116 per sqft
20 Mar 2023RentedNew contract
AED 37,000/yr12 months · AED 107 per sqft
16 Aug 2022Sold by developerOff-plan
AED 538,740AED 1,531 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2024.

Key facts

Type
Studio apartment
Size
352 sqft
Parking
B1-59
Developer
Azizi Developments
Completed
2022
Last sold
AED 539K · August 2022

About 309, Azizi Riviera 12

309 is a studio of 352 sqft of Azizi Riviera 12, a 6-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 16 August 2022 for AED 538,740, or AED 1,531 per sqft, 4% above the AED 1,468 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 20 March 2024, is AED 40,700 a year: a gross yield of 7.5% on the 2022 price.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical studio in Azizi Riviera 12
500K600K700K2018202020222024Typical sale price by year: 2018 AED 509,563; 2019 AED 512,562; 2020 AED 504,340; 2021 AED 523,210; 2022 AED 506,440; 2023 AED 710,020; 2024 AED 550,000Sold by developer, August 2022: AED 538,740 (AED 1,531 per sqft)

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

Rents
Unit 309, each contractTypical studio in Azizi Riviera 12
40K50K2023202420252026Typical rent by year: 2023 AED 39,943; 2024 AED 44,000; 2025 AED 50,000New contract, March 2023: AED 37,000 a yearNew contract, March 2024: AED 40,700 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 12, and where 309 sits

All 66 studios →

309 last sold in August 2022 at AED 1,531 per sqft, 4% above what studios in Azizi Riviera 12 were fetching at the time (AED 1,468). 309's AED 40,700 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Feb 2025605,000
22 Jan 2025600,000
30 Dec 2024650,000
14 Nov 2024550,000
0 studio sales in the last 12 months

Azizi Riviera 12

Building

4 apartments, studios to 3-bed over 6 floors in Meydan One, completed in 2022 by Azizi Developments. 2 sold in the last 12 months.

Typical price per sqft
AED 1,938
Typical sale
AED 1.14M
Typical rent
AED 73K /yr
Typical yield
7.6%
Azizi Riviera 12, Meydan One: prices, sales and rents →

309, Azizi Riviera 12 in numbers

  • Sold once: by Azizi Developments on 16 August 2022 for AED 538,740, or AED 1,531 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, from AED 37,000 to AED 40,700 a year.
  • At AED 40,700 a year the gross yield on the 2022 price is 7.5%.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2024.

Questions about 309, Azizi Riviera 12

What did unit 309 last sell for?

AED 538,740 on 16 August 2022, sold by the developer: AED 1,531 per sqft for 352 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 40,700 a year on the contract signed on 20 March 2024. The previous contract, from March 2023, was AED 37,000.

How big is unit 309?

352 sqft (32.7 sqm): a studio of a 6-storey tower completed in 2022.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 309, Azizi Riviera 12

Starts from the last sale price (AED 539K, 16 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 538,740
Deposit, UAE resident (20%)
AED 107,748
Deposit, non-resident (40%)
AED 215,496
Monthly over 25 years at 3.7%
AED 2,204

Plus AED 27,637 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →