523, Azizi Riviera 16
Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 523, Azizi Riviera 16
What is 523 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 491 sqft
- Parking
- 1
- Developer
- Azizi Developments
- Completed
- 2022
- Last sold
- AED 587K · January 2018
- Building
- Azizi Riviera 16
About 523, Azizi Riviera 16
523 is a one-bedroom apartment of 491 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 11 January 2018 for AED 587,000, or AED 1,196 per sqft, in line with the AED 1,201 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 21 May 2025, is AED 66,000 a year: a gross yield of 11.2% on the 2018 price.
Sales and rents for 523 over time
523 has sold once; the dashed line is the one-bed median of each year in the building.
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 523 sits
All 37 1-beds →523 last sold in January 2018 at AED 1,196 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. 523's AED 66,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jan 202621 January 2026 | 584 sqft | 1,140,000 | 1,953 | ||
| 4 Jun 20254 June 2025 | 499 sqft | 1,050,000 | 2,102 | ||
| 22 May 202522 May 2025 | 525 sqft | 1,100,000 | 2,094 | ||
| 5 May 20255 May 2025 | 574 sqft | 1,200,000 | 2,089 |
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%
523, Azizi Riviera 16 in numbers
- Sold once: by Azizi Developments on 11 January 2018 for AED 587,000, or AED 1,196 per sqft.
- Rented since April 2024 on 2 Ejari contracts, from AED 60,000 to AED 66,000 a year.
- At AED 66,000 a year the gross yield on the 2018 price is 11.2%.
- 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 21 May 2025.
Questions about 523, Azizi Riviera 16
What did unit 523 last sell for?
AED 587,000 on 11 January 2018, sold by the developer: AED 1,196 per sqft for 491 sqft. It is the only registered sale of the unit.
What is the rent for unit 523?
AED 66,000 a year on the contract signed on 21 May 2025. The previous contract, from April 2024, was AED 60,000.
How big is unit 523?
491 sqft (45.6 sqm): a one-bedroom apartment of a 8-storey tower completed in 2022.
What is unit 523 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 523, Azizi Riviera 16
Starts from the last sale price (AED 587K, 11 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 587,000
- Deposit, UAE resident (20%)
- AED 117,400
- Deposit, non-resident (40%)
- AED 234,800
- Monthly over 25 years at 3.7%
- AED 2,402
Plus AED 29,664 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →