Studio · 331 sqftAzizi Riviera 15, Meydan One · completed 2023

523, Azizi Riviera 15

Sold prices and rental history: sold once, by the developer in January 2018, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 523 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 496K11 January 2018
Current rentAED 40K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Azizi Riviera 15

What is 523 worth today?

Last sold for AED 495,878 in 2018

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1 May 2024RentedNew contract
AED 40,000/yr12 months · AED 120 per sqft
11 Jan 2018Sold by developerOff-plan
AED 495,878AED 1,500 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
Studio apartment
Size
331 sqft
Parking
1
Developer
Azizi Developments
Completed
2023
Last sold
AED 496K · January 2018

About 523, Azizi Riviera 15

523 is a studio of 331 sqft of Azizi Riviera 15, a 6-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 11 January 2018 for AED 495,878, or AED 1,500 per sqft, in line with the AED 1,496 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2024. The current contract, signed on 1 May 2024, is AED 40,000 a year: a gross yield of 8.1% on the 2018 price.

Sales and rents for 523 over time

Sales
Unit 523, each saleTypical studio in Azizi Riviera 15
600K2017202020232026Typical sale price by year: 2017 AED 455,748; 2018 AED 509,137; 2019 AED 532,512; 2020 AED 444,138; 2021 AED 547,380; 2022 AED 528,234; 2023 AED 528,218; 2024 AED 577,500; 2025 AED 673,500Sold by developer, January 2018: AED 495,878 (AED 1,500 per sqft)

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

Rents
Unit 523, each contractTypical studio in Azizi Riviera 15
40K50K2024202520262027Typical rent by year: 2024 AED 48,000; 2025 AED 50,000; 2026 AED 55,000New contract, May 2024: AED 40,000 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 15, and where 523 sits

All 162 studios →

523 last sold in January 2018 at AED 1,500 per sqft, in line with what studios in Azizi Riviera 15 were fetching at the time (AED 1,496). Over the last 12 months studios sold for AED 660,000 to 670,000, around AED 1,832 per sqft, and rent for AED 42,000 to 75,000 a year. 523's AED 40,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
31 Jan 2026660,000
12 Dec 2025670,000
7 Jul 2025700,000
26 Jun 2025677,000
2 studio sales in the last 12 months

Azizi Riviera 15

Building

10 apartments, studios to 3-bed over 6 floors in Meydan One, completed in 2023 by Azizi Developments. 2 sold in the last 12 months.

Typical price per sqft
AED 1,832
Typical sale
AED 665K
Typical rent
AED 60K /yr
Typical yield
8.3%
Azizi Riviera 15, Meydan One: prices, sales and rents →

523, Azizi Riviera 15 in numbers

  • Sold once: by Azizi Developments on 11 January 2018 for AED 495,878, or AED 1,500 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2018 price is 8.1%.
  • Studios in Azizi Riviera 15 sold for AED 660,000–670,000 in the 12 months to November 2026; the building's median across all types is AED 1,832 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Questions about 523, Azizi Riviera 15

What did unit 523 last sell for?

AED 495,878 on 11 January 2018, sold by the developer: AED 1,500 per sqft for 331 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 40,000 a year on the contract signed on 1 May 2024.

How big is unit 523?

331 sqft (30.8 sqm): a studio of a 6-storey tower completed in 2023.

What is unit 523 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 15 sold for AED 660,000 to 670,000 in the last 12 months, around AED 1,832 per sqft.

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Mortgage on 523, Azizi Riviera 15

Starts from the last sale price (AED 496K, 11 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 495,878
Deposit, UAE resident (20%)
AED 99,176
Deposit, non-resident (40%)
AED 198,351
Monthly over 25 years at 3.7%
AED 2,029

Plus AED 23,737 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →