1-bed · 587 sqftAzizi Riviera 12, Meydan One · completed 2022

405, Azizi Riviera 12

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

Unit 405 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 784K5 October 2022
Current rentAED 72K /yr4 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Azizi Riviera 12

What is 405 worth today?

Last sold for AED 783,840 in 2022

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4 Jul 2024RentedNew contract
AED 71,615/yr12 months · AED 123 per sqft
13 Jun 2023RentedNew contract
AED 70,000/yr12 months · AED 119 per sqft
5 Oct 2022Sold by developerOff-plan
AED 783,840AED 1,335 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 July 2024.

Key facts

Type
1-bed apartment
Size
587 sqft
Parking
B1-21
Developer
Azizi Developments
Completed
2022
Last sold
AED 784K · October 2022

About 405, Azizi Riviera 12

405 is a one-bedroom apartment of 587 sqft of Azizi Riviera 12, a 6-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 5 October 2022 for AED 783,840, or AED 1,335 per sqft, 7% below the AED 1,428 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 4 July 2024, is AED 71,615 a year: a gross yield of 9.1% on the 2022 price.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Azizi Riviera 12
800K2017202020232026Typical sale price by year: 2017 AED 699,636; 2018 AED 709,749; 2019 AED 693,164; 2021 AED 842,604; 2022 AED 722,157; 2023 AED 840,000; 2024 AED 890,000; 2025 AED 940,000Sold by developer, October 2022: AED 783,840 (AED 1,335 per sqft)

405 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 405, each contractTypical one-bed in Azizi Riviera 12
60K80K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 57,000; 2024 AED 65,000; 2025 AED 75,000; 2026 AED 78,500New contract, June 2023: AED 70,000 a yearNew contract, July 2024: AED 71,615 a year

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

1-beds in Azizi Riviera 12, and where 405 sits

All 52 1-beds →

405 last sold in October 2022 at AED 1,335 per sqft, 7% below what one-beds in Azizi Riviera 12 were fetching at the time (AED 1,428). Over the last 12 months one-beds sold for AED 1,075,000 to 1,200,000, around AED 1,938 per sqft, and rent for AED 71,000 to 100,000 a year. 405's AED 71,615 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jan 20261,075,000
23 Dec 20251,200,000
17 Feb 2025960,000
3 Feb 2025920,000
2 1-bed 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 →

405, Azizi Riviera 12 in numbers

  • Sold once: by Azizi Developments on 5 October 2022 for AED 783,840, or AED 1,335 per sqft.
  • Rented since June 2023 on 2 Ejari contracts, from AED 70,000 to AED 71,615 a year.
  • At AED 71,615 a year the gross yield on the 2022 price is 9.1%.
  • One-beds in Azizi Riviera 12 sold for AED 1,075,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,938 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 July 2024.

Questions about 405, Azizi Riviera 12

What did unit 405 last sell for?

AED 783,840 on 5 October 2022, sold by the developer: AED 1,335 per sqft for 587 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 71,615 a year on the contract signed on 4 July 2024. The previous contract, from June 2023, was AED 70,000.

How big is unit 405?

587 sqft (54.5 sqm): a one-bedroom apartment of a 6-storey tower completed in 2022.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azizi Riviera 12 sold for AED 1,075,000 to 1,200,000 in the last 12 months, around AED 1,938 per sqft.

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Mortgage on 405, Azizi Riviera 12

Starts from the last sale price (AED 784K, 5 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 783,840
Deposit, UAE resident (20%)
AED 156,768
Deposit, non-resident (40%)
AED 313,536
Monthly over 25 years at 3.7%
AED 3,207

Plus AED 37,932 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →