118, Azizi Riviera 16
Sold prices and rental history: sold twice, last in November 2024, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 118, Azizi Riviera 16
What is 118 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 438 sqft
- Parking
- B1-41
- Developer
- Azizi Developments
- Completed
- 2022
- Last sold
- AED 728K · November 2024
- Building
- Azizi Riviera 16
About 118, Azizi Riviera 16
118 is a studio of 438 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 25 November 2024 for AED 728,129, or AED 1,662 per sqft, in line with the AED 1,713 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 May 2025. The current contract, signed on 15 May 2025, is AED 45,000 a year: a gross yield of 6.2% on the 2024 price.
Sales and rents for 118 over time
118 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Azizi Riviera 16, and where 118 sits
All 187 studios →118 last sold in November 2024 at AED 1,662 per sqft, in line with what studios in Azizi Riviera 16 were fetching at the time (AED 1,713). Over the last 12 months studios sold for AED 650,000 to 655,000, around AED 2,217 per sqft, and rent for AED 45,000 to 78,000 a year. 118's AED 45,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Dec 20259 December 2025 | 292 sqft | 650,000 | 2,225 | ||
| 10 Jul 202510 July 2025 | 295 sqft | 620,000 | 2,098 | ||
| 4 Jun 20254 June 2025 | 442 sqft | 750,000 | 1,696 | ||
| 26 May 202526 May 2025 | 296 sqft | 600,000 | 2,029 |
Azizi Riviera 16
Building17 apartments, studios to 3-bed over 8 floors in Meydan One, completed in 2022 by Azizi Developments. 3 sold in the last 12 months.
- Typical price per sqft
- AED 2,208
- Typical sale
- AED 655K
- Typical rent
- AED 60K /yr
- Typical yield
- 7.2%
118, Azizi Riviera 16 in numbers
- Sold twice: first on 17 October 2023 for AED 558,720, last on 25 November 2024 for AED 728,129 (AED 1,662 per sqft).
- Rented since May 2025 on one Ejari contract, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 6.2%.
- Studios in Azizi Riviera 16 sold for AED 650,000–655,000 in the 12 months to November 2026; the building's median across all types is AED 2,208 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2025.
Questions about 118, Azizi Riviera 16
What did unit 118 last sell for?
AED 728,129 on 25 November 2024: AED 1,662 per sqft for 438 sqft. The unit has 2 registered sales; the first was AED 558,720 in October 2023.
What is the rent for unit 118?
AED 45,000 a year on the contract signed on 15 May 2025.
How big is unit 118?
438 sqft (40.7 sqm): a studio of a 8-storey tower completed in 2022.
What is unit 118 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 16 sold for AED 650,000 to 655,000 in the last 12 months, around AED 2,217 per sqft.
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Mortgage on 118, Azizi Riviera 16
Starts from the last sale price (AED 728K, 25 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 728,129
- Deposit, UAE resident (20%)
- AED 145,626
- Deposit, non-resident (40%)
- AED 291,252
- Monthly over 25 years at 3.7%
- AED 2,979
Plus AED 35,591 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →