1-bed · 517 sqftAzizi Riviera 16, Meydan One · completed 2022

508, Azizi Riviera 16

Sold prices and rental history: sold once, by the developer in December 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 20 December 2017
Last soldAED 623K20 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Azizi Riviera 16

What is 508 worth today?

Last sold for AED 622,949 in 2017

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20 Dec 2017Sold by developerOff-plan
AED 622,949AED 1,203 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2017.

Key facts

Type
1-bed apartment
Size
517 sqft
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 623K · December 2017

About 508, Azizi Riviera 16

508 is a one-bedroom apartment of 517 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 20 December 2017 for AED 622,949, or AED 1,203 per sqft, in line with the AED 1,201 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, 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 622,949 (AED 1,203 per sqft)

508 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 508, 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 508 sits

All 37 1-beds →

508 last sold in December 2017 at AED 1,203 per sqft, in line with what one-beds in Azizi Riviera 16 were fetching at the time (AED 1,201). 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 →

508, Azizi Riviera 16 in numbers

  • Sold once: by Azizi Developments on 20 December 2017 for AED 622,949, or AED 1,203 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 20 December 2017.

Questions about 508, Azizi Riviera 16

What did unit 508 last sell for?

AED 622,949 on 20 December 2017, sold by the developer: AED 1,203 per sqft for 517 sqft. It is the only registered sale of the unit.

How big is unit 508?

517 sqft (48.0 sqm): a one-bedroom apartment of a 8-storey tower completed in 2022.

What is unit 508 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 508, Azizi Riviera 16

Starts from the last sale price (AED 623K, 20 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 622,949
Deposit, UAE resident (20%)
AED 124,590
Deposit, non-resident (40%)
AED 249,180
Monthly over 25 years at 3.7%
AED 2,549

Plus AED 31,174 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →