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

509, Azizi Riviera 12

Sold prices and rental history: sold once, by the developer in May 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 4 June 2025
Last soldAED 490K13 May 2019
Current rentAED 55K /yr4 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Azizi Riviera 12

What is 509 worth today?

Last sold for AED 489,563 in 2019

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4 Jun 2025RentedNew contract
AED 55,000/yr12 months · AED 156 per sqft
20 Mar 2025RentedNew contract
AED 48,000/yr12 months · AED 136 per sqft
20 Mar 2023RentedNew contract
AED 45,000/yr12 months · AED 128 per sqft
13 May 2019Sold by developerOff-plan
AED 489,563AED 1,391 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 June 2025.

Key facts

Type
Studio apartment
Size
352 sqft
Parking
B2-16
Developer
Azizi Developments
Completed
2022
Last sold
AED 490K · May 2019

About 509, Azizi Riviera 12

509 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 13 May 2019 for AED 489,563, or AED 1,391 per sqft, 6% below the AED 1,482 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 4 June 2025, is AED 55,000 a year: a gross yield of 11.2% on the 2019 price.

Sales and rents for 509 over time

Sales
Unit 509, 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, May 2019: AED 489,563 (AED 1,391 per sqft)

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

Rents
Unit 509, 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 45,000 a yearNew contract, March 2025: AED 48,000 a yearNew contract, June 2025: AED 55,000 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 509 sits

All 66 studios →

509 last sold in May 2019 at AED 1,391 per sqft, 6% below what studios in Azizi Riviera 12 were fetching at the time (AED 1,482). 509's AED 55,000 is at the top 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 →

509, Azizi Riviera 12 in numbers

  • Sold once: by Azizi Developments on 13 May 2019 for AED 489,563, or AED 1,391 per sqft.
  • Rented since March 2023 on 3 Ejari contracts, from AED 45,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2019 price is 11.2%.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 June 2025.

Questions about 509, Azizi Riviera 12

What did unit 509 last sell for?

AED 489,563 on 13 May 2019, sold by the developer: AED 1,391 per sqft for 352 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 55,000 a year on the contract signed on 4 June 2025. The previous contract, from March 2025, was AED 48,000; the unit has been rented since March 2023.

How big is unit 509?

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

What is unit 509 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 509, Azizi Riviera 12

Starts from the last sale price (AED 490K, 13 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 489,563
Deposit, UAE resident (20%)
AED 97,913
Deposit, non-resident (40%)
AED 195,825
Monthly over 25 years at 3.7%
AED 2,003

Plus AED 23,472 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →