Studio · 369 sqftAzizi Riviera 12, Meydan One · completed 2022

409, Azizi Riviera 12

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

Unit 409 · DLD and Ejari recordsUpdated 30 April 2024
Last soldAED 550K7 March 2024
Current rentAED 43K /yr30 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Azizi Riviera 12

What is 409 worth today?

Last sold for AED 550,000 in 2024

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30 Apr 2024RentedNew contract
AED 42,762/yr12 months · AED 117 per sqft
7 Mar 2024SoldReady
AED 550,000AED 1,489 per sqft
1 May 2023RentedNew contract
AED 42,000/yr12 months · AED 115 per sqft
18 Feb 2019Sold by developerOff-plan
AED 547,400AED 1,482 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 April 2024.

Key facts

Type
Studio apartment
Size
369 sqft
Parking
B2-08
Developer
Azizi Developments
Completed
2022
Last sold
AED 550K · March 2024

About 409, Azizi Riviera 12

409 is a studio of 369 sqft of Azizi Riviera 12, a 6-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 7 March 2024 for AED 550,000, or AED 1,489 per sqft, 32% below the AED 2,175 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 30 April 2024, is AED 42,762 a year: a gross yield of 7.8% on the 2024 price.

Sales and rents for 409 over time

Sales
Unit 409, 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, February 2019: AED 547,400 (AED 1,482 per sqft)Sold, March 2024: AED 550,000 (AED 1,489 per sqft)

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

Rents
Unit 409, each contractTypical studio in Azizi Riviera 12
40K45K50K2023202420252026Typical rent by year: 2023 AED 39,943; 2024 AED 44,000; 2025 AED 50,000New contract, May 2023: AED 42,000 a yearNew contract, April 2024: AED 42,762 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 409 sits

All 66 studios →

409 last sold in March 2024 at AED 1,489 per sqft, 32% below what studios in Azizi Riviera 12 were fetching at the time (AED 2,175). 409's AED 42,762 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 →

409, Azizi Riviera 12 in numbers

  • Sold twice: first on 18 February 2019 for AED 547,400, last on 7 March 2024 for AED 550,000 (AED 1,489 per sqft).
  • Rented since May 2023 on 2 Ejari contracts, from AED 42,000 to AED 42,762 a year.
  • At AED 42,762 a year the gross yield on the 2024 price is 7.8%.

Source: YallaValue analysis of Dubai Land Department records. Updated 30 April 2024.

Questions about 409, Azizi Riviera 12

What did unit 409 last sell for?

AED 550,000 on 7 March 2024: AED 1,489 per sqft for 369 sqft. The unit has 2 registered sales; the first was AED 547,400 in February 2019.

What is the rent for unit 409?

AED 42,762 a year on the contract signed on 30 April 2024. The previous contract, from May 2023, was AED 42,000.

How big is unit 409?

369 sqft (34.3 sqm): a studio of a 6-storey tower completed in 2022.

What is unit 409 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 409, Azizi Riviera 12

Starts from the last sale price (AED 550K, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →