1-bed · 499 sqftAzizi Riviera 16, Meydan One · completed 2022

423, Azizi Riviera 16

Sold prices and rental history: sold 3 times, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 3 July 2024
Last soldAED 846K3 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Azizi Riviera 16

What is 423 worth today?

Last sold for AED 846,344 in 2024

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3 Jul 2024SoldReady
AED 846,344AED 1,694 per sqft
9 Apr 2018SoldOff-plan
AED 591,849AED 1,214 per sqft
20 Dec 2017Sold by developerOff-plan
AED 591,849AED 1,214 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 July 2024.

Key facts

Type
1-bed apartment
Size
499 sqft
Parking
B1-28
Developer
Azizi Developments
Completed
2022
Last sold
AED 846K · July 2024

About 423, Azizi Riviera 16

423 is a one-bedroom apartment of 499 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 3 July 2024 for AED 846,344, or AED 1,694 per sqft, 20% above the AED 1,412 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 423 over time

Sales
Unit 423, each saleTypical one-bed in Azizi Riviera 16
750K1M2017202020232026Typical sale price by year: 2017 AED 620,400; 2018 AED 605,275; 2021 AED 668,373; 2023 AED 755,000; 2024 AED 935,000; 2025 AED 1,100,000Sold by developer, December 2017: AED 591,849 (AED 1,214 per sqft)Sold, April 2018: AED 591,849 (AED 1,214 per sqft)Sold, July 2024: AED 846,344 (AED 1,694 per sqft)

423 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 423, each contractTypical one-bed in Azizi Riviera 16
70K73K75K202420252026Typical rent by year: 2024 AED 70,000; 2025 AED 75,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Azizi Riviera 16, and where 423 sits

All 37 1-beds →

423 last sold in July 2024 at AED 1,694 per sqft, 20% above what one-beds in Azizi Riviera 16 were fetching at the time (AED 1,412). Over the last 12 months one-beds sold for AED 1,140,000, around AED 1,953 per sqft, and rent for AED 78,000 to 90,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jan 20261,140,000
4 Jun 20251,050,000
22 May 20251,100,000
5 May 20251,200,000
1 1-bed sale 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 →

423, Azizi Riviera 16 in numbers

  • Sold 3 times: first on 20 December 2017 for AED 591,849, last on 3 July 2024 for AED 846,344 (AED 1,694 per sqft).
  • One-beds in Azizi Riviera 16 sold for AED 1,140,000–1,140,000 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 3 July 2024.

Questions about 423, Azizi Riviera 16

What did unit 423 last sell for?

AED 846,344 on 3 July 2024: AED 1,694 per sqft for 499 sqft. The unit has 3 registered sales; the first was AED 591,849 in December 2017.

How big is unit 423?

499 sqft (46.4 sqm): a one-bedroom apartment of a 8-storey tower completed in 2022.

What is unit 423 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azizi Riviera 16 sold for AED 1,140,000 to 1,140,000 in the last 12 months, around AED 1,953 per sqft.

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Mortgage on 423, Azizi Riviera 16

Starts from the last sale price (AED 846K, 3 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 846,344
Deposit, UAE resident (20%)
AED 169,269
Deposit, non-resident (40%)
AED 338,538
Monthly over 25 years at 3.7%
AED 3,463

Plus AED 40,557 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →