Studio · 386 sqftAzizi Riviera 12, Meydan One · completed 2022

408, Azizi Riviera 12

Sold prices and rental history: sold twice, last in December 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 650K30 December 2024
Current rentAED 43K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Azizi Riviera 12

What is 408 worth today?

Last sold for AED 650,000 in 2024

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1 Mar 2025RentedRenewal
AED 43,000/yr12 months · AED 112 per sqft
30 Dec 2024SoldReady
AED 650,000AED 1,685 per sqft
1 Mar 2023RentedNew contract
AED 33,095/yr12 months · AED 86 per sqft
16 Aug 2022Sold by developerOff-plan
AED 564,515AED 1,464 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
386 sqft
Parking
B2-07
Developer
Azizi Developments
Completed
2022
Last sold
AED 650K · December 2024

About 408, Azizi Riviera 12

408 is a studio of 386 sqft of Azizi Riviera 12, a 6-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 30 December 2024 for AED 650,000, or AED 1,685 per sqft, in line with the AED 1,685 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 43,000 a year: a gross yield of 6.6% on the 2024 price.

Sales and rents for 408 over time

Sales
Unit 408, 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 564,515 (AED 1,464 per sqft)Sold, December 2024: AED 650,000 (AED 1,685 per sqft)

408 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 408, 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 33,095 a yearRenewal, March 2025: AED 43,000 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 12, and where 408 sits

All 66 studios →

408 last sold in December 2024 at AED 1,685 per sqft, in line with what studios in Azizi Riviera 12 were fetching at the time (AED 1,685). 408's AED 43,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Feb 2025605,000
22 Jan 2025600,000
14 Nov 2024550,000
7 Nov 2024525,000
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 →

408, Azizi Riviera 12 in numbers

  • Sold twice: first on 16 August 2022 for AED 564,515, last on 30 December 2024 for AED 650,000 (AED 1,685 per sqft).
  • Rented since March 2023 on 2 Ejari contracts, from AED 33,095 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2024 price is 6.6%.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.

Questions about 408, Azizi Riviera 12

What did unit 408 last sell for?

AED 650,000 on 30 December 2024: AED 1,685 per sqft for 386 sqft. The unit has 2 registered sales; the first was AED 564,515 in August 2022.

What is the rent for unit 408?

AED 43,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2023, was AED 33,095.

How big is unit 408?

386 sqft (35.9 sqm): a studio of a 6-storey tower completed in 2022.

What is unit 408 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 408, Azizi Riviera 12

Starts from the last sale price (AED 650K, 30 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →