516, Azizi Riviera 16
Sold prices and rental history: sold twice, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Azizi Riviera 16
What is 516 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 296 sqft
- Parking
- 1
- Developer
- Azizi Developments
- Completed
- 2022
- Last sold
- AED 540K · September 2023
- Building
- Azizi Riviera 16
About 516, Azizi Riviera 16
516 is a studio of 296 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 8 September 2023 for AED 540,000, or AED 1,821 per sqft, 17% above the AED 1,554 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 516 over time
516 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 516 sits
All 187 studios →516 last sold in September 2023 at AED 1,821 per sqft, 17% above what studios in Azizi Riviera 16 were fetching at the time (AED 1,554). 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 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%
516, Azizi Riviera 16 in numbers
- Sold twice: first on 17 May 2018 for AED 483,084, last on 8 September 2023 for AED 540,000 (AED 1,821 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 8 September 2023.
Questions about 516, Azizi Riviera 16
What did unit 516 last sell for?
AED 540,000 on 8 September 2023: AED 1,821 per sqft for 296 sqft. The unit has 2 registered sales; the first was AED 483,084 in May 2018.
How big is unit 516?
296 sqft (27.5 sqm): a studio of a 8-storey tower completed in 2022.
What is unit 516 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 516, Azizi Riviera 16
Starts from the last sale price (AED 540K, 8 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus AED 27,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →