Studio · 296 sqftAzizi Riviera 16, Meydan One · completed 2022

409, Azizi Riviera 16

Sold prices and rental history: sold once, by the developer in July 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 23 July 2019
Last soldAED 480K23 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Azizi Riviera 16

What is 409 worth today?

Last sold for AED 480,091 in 2019

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23 Jul 2019Sold by developerOff-plan
AED 480,091AED 1,621 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 July 2019.

Key facts

Type
Studio apartment
Size
296 sqft
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 480K · July 2019

About 409, Azizi Riviera 16

409 is a studio of 296 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 23 July 2019 for AED 480,091, or AED 1,621 per sqft, in line with the AED 1,588 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical studio in Azizi Riviera 16
500K600K2017202020232026Typical sale price by year: 2017 AED 478,296; 2018 AED 477,318; 2019 AED 470,483; 2020 AED 460,876; 2021 AED 499,053; 2022 AED 480,820; 2023 AED 480,764; 2024 AED 525,000; 2025 AED 605,000Sold by developer, July 2019: AED 480,091 (AED 1,621 per sqft)

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

Rents
Unit 409, each contractTypical studio in Azizi Riviera 16
50K2024202520262027Typical rent by year: 2024 AED 43,000; 2025 AED 46,000; 2026 AED 54,500

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 409 sits

All 187 studios →

409 last sold in July 2019 at AED 1,621 per sqft, in line with what studios in Azizi Riviera 16 were fetching at the time (AED 1,588). 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.

Recent studio salesUnit no.Price (AED)Summary
9 Dec 2025650,000
10 Jul 2025620,000
4 Jun 2025750,000
26 May 2025600,000
2 studio sales in the last 12 months

Azizi Riviera 16

Building

17 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%
Azizi Riviera 16, Meydan One: prices, sales and rents →

409, Azizi Riviera 16 in numbers

  • Sold once: by Azizi Developments on 23 July 2019 for AED 480,091, or AED 1,621 per sqft.
  • 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 23 July 2019.

Questions about 409, Azizi Riviera 16

What did unit 409 last sell for?

AED 480,091 on 23 July 2019, sold by the developer: AED 1,621 per sqft for 296 sqft. It is the only registered sale of the unit.

How big is unit 409?

296 sqft (27.5 sqm): a studio of a 8-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. 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 409, Azizi Riviera 16

Starts from the last sale price (AED 480K, 23 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 480,091
Deposit, UAE resident (20%)
AED 96,018
Deposit, non-resident (40%)
AED 192,036
Monthly over 25 years at 3.7%
AED 1,964

Plus AED 23,074 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →