Studio · 296 sqftAzizi Riviera 16, Meydan One · completed 2022

617, Azizi Riviera 16

Sold prices and rental history: sold once, by the developer in May 2021, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 12 May 2025
Last soldAED 470K16 May 2021
Current rentAED 48K /yr12 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Azizi Riviera 16

What is 617 worth today?

Last sold for AED 470,192 in 2021

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12 May 2025RentedNew contract
AED 48,000/yr12 months · AED 159 per sqft
16 May 2021Sold by developerOff-plan
AED 470,192AED 1,587 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 May 2025.

Key facts

Type
Studio apartment
Size
296 sqft
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 470K · May 2021

About 617, Azizi Riviera 16

617 is a studio of 296 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 16 May 2021 for AED 470,192, or AED 1,587 per sqft, in line with the AED 1,572 studios in the building were fetching at the time.

One Ejari contract is registered, from 12 May 2025. The current contract, signed on 12 May 2025, is AED 48,000 a year: a gross yield of 10.2% on the 2021 price.

Sales and rents for 617 over time

Sales
Unit 617, each saleTypical studio in Azizi Riviera 16
500K600K2017202020232026Typical sale price by year: 2017 AED 478,296; 2018 AED 477,318; 2019 AED 470,483; 2020 AED 460,876; 2021 AED 499,053; 2022 AED 480,820; 2023 AED 480,764; 2024 AED 525,000; 2025 AED 605,000Sold by developer, May 2021: AED 470,192 (AED 1,587 per sqft)

617 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 617, each contractTypical studio in Azizi Riviera 16
50K2024202520262027Typical rent by year: 2024 AED 43,000; 2025 AED 46,000; 2026 AED 54,500New contract, May 2025: AED 48,000 a year

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 617 sits

All 187 studios →

617 last sold in May 2021 at AED 1,587 per sqft, in line with what studios in Azizi Riviera 16 were fetching at the time (AED 1,572). 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. 617's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Dec 2025650,000
10 Jul 2025620,000
4 Jun 2025750,000
26 May 2025600,000
2 studio sales 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 →

617, Azizi Riviera 16 in numbers

  • Sold once: by Azizi Developments on 16 May 2021 for AED 470,192, or AED 1,587 per sqft.
  • Rented since May 2025 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2021 price is 10.2%.
  • 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 12 May 2025.

Questions about 617, Azizi Riviera 16

What did unit 617 last sell for?

AED 470,192 on 16 May 2021, sold by the developer: AED 1,587 per sqft for 296 sqft. It is the only registered sale of the unit.

What is the rent for unit 617?

AED 48,000 a year on the contract signed on 12 May 2025.

How big is unit 617?

296 sqft (27.5 sqm): a studio of a 8-storey tower completed in 2022.

What is unit 617 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 617, Azizi Riviera 16

Starts from the last sale price (AED 470K, 16 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 470,192
Deposit, UAE resident (20%)
AED 94,038
Deposit, non-resident (40%)
AED 188,077
Monthly over 25 years at 3.7%
AED 1,924

Plus AED 22,658 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →