506, Azizi Riviera 16
Sold prices and rental history: sold 3 times, last in May 2025, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Azizi Riviera 16
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 297 sqft
- Floor
- 5th of 8
- Parking
- B2-45
- Developer
- Azizi Developments
- Completed
- 2022
- Last sold
- AED 590K · May 2025
- Building
- Azizi Riviera 16
About 506, Azizi Riviera 16
506 is a studio of 297 sqft on the 5th floor of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 22 May 2025 for AED 590,000, or AED 1,984 per sqft, 8% above the AED 1,836 studios in the building were fetching at the time.
One Ejari contract is registered, from 25 September 2025. The current contract, signed on 25 September 2025, is AED 43,050 a year: a gross yield of 7.3% on the 2025 price.
Sales and rents for 506 over time
506 has sold 3 times; 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 506 sits
All 187 studios →506 last sold in May 2025 at AED 1,984 per sqft, 8% above what studios in Azizi Riviera 16 were fetching at the time (AED 1,836). 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. 506's AED 43,050 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%
Other units on the 5th floor
All 17 units in Azizi Riviera 16506, Azizi Riviera 16 in numbers
- Sold 3 times: first on 22 January 2018 for AED 472,049, last on 22 May 2025 for AED 590,000 (AED 1,984 per sqft).
- Rented since September 2025 on one Ejari contract, at AED 43,050 a year.
- At AED 43,050 a year the gross yield on the 2025 price is 7.3%.
- 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 25 September 2025.
Questions about 506, Azizi Riviera 16
What did unit 506 last sell for?
AED 590,000 on 22 May 2025: AED 1,984 per sqft for 297 sqft. The unit has 3 registered sales; the first was AED 472,049 in January 2018.
What is the rent for unit 506?
AED 43,050 a year on the contract signed on 25 September 2025.
How big is unit 506?
297 sqft (27.6 sqm): a studio on the 5th floor of a 8-storey tower completed in 2022.
What is unit 506 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 506, Azizi Riviera 16
Starts from the last sale price (AED 590K, 22 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 590,000
- Deposit, UAE resident (20%)
- AED 118,000
- Deposit, non-resident (40%)
- AED 236,000
- Monthly over 25 years at 3.7%
- AED 2,414
Plus AED 29,790 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →