507, Azizi Riviera 16
Sold prices and rental history: sold twice, last in May 2024, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Azizi Riviera 16
What is 507 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 297 sqft
- Parking
- B2-16
- Developer
- Azizi Developments
- Completed
- 2022
- Last sold
- AED 525K · May 2024
- Building
- Azizi Riviera 16
About 507, Azizi Riviera 16
507 is a studio of 297 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 28 May 2024 for AED 525,000, or AED 1,766 per sqft, 9% above the AED 1,623 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 48,000 a year: a gross yield of 9.1% on the 2024 price.
Sales and rents for 507 over time
507 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 507 sits
All 187 studios →507 last sold in May 2024 at AED 1,766 per sqft, 9% above what studios in Azizi Riviera 16 were fetching at the time (AED 1,623). 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. 507's AED 48,000 is in the lower half 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%
507, Azizi Riviera 16 in numbers
- Sold twice: first on 14 May 2018 for AED 476,817, last on 28 May 2024 for AED 525,000 (AED 1,766 per sqft).
- Rented since September 2024 on one Ejari contract, at AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2024 price is 9.1%.
- 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 1 September 2024.
Questions about 507, Azizi Riviera 16
What did unit 507 last sell for?
AED 525,000 on 28 May 2024: AED 1,766 per sqft for 297 sqft. The unit has 2 registered sales; the first was AED 476,817 in May 2018.
What is the rent for unit 507?
AED 48,000 a year on the contract signed on 1 September 2024.
How big is unit 507?
297 sqft (27.6 sqm): a studio of a 8-storey tower completed in 2022.
What is unit 507 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.
Selling 507? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 507, Azizi Riviera 16
Starts from the last sale price (AED 525K, 28 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus AED 27,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →