623, Azizi Riviera 16
Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 623, Azizi Riviera 16
What is 623 worth today?
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Source: Dubai Land Department. Updated 16 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 487 sqft
- Parking
- 1
- Developer
- Azizi Developments
- Completed
- 2022
- Last sold
- AED 597K · October 2023
- Building
- Azizi Riviera 16
About 623, Azizi Riviera 16
623 is a one-bedroom apartment of 487 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 17 October 2023 for AED 596,634, or AED 1,224 per sqft, 11% below the AED 1,375 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 16 April 2024. The current contract, signed on 16 April 2024, is AED 64,000 a year: a gross yield of 10.7% on the 2023 price.
Sales and rents for 623 over time
623 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 623 sits
All 37 1-beds →623 last sold in October 2023 at AED 1,224 per sqft, 11% below what one-beds in Azizi Riviera 16 were fetching at the time (AED 1,375). 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. 623's AED 64,000 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%
623, Azizi Riviera 16 in numbers
- Sold once: by Azizi Developments on 17 October 2023 for AED 596,634, or AED 1,224 per sqft.
- Rented since April 2024 on one Ejari contract, at AED 64,000 a year.
- At AED 64,000 a year the gross yield on the 2023 price is 10.7%.
- 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: Dubai Land Department. Updated 16 April 2024.
Questions about 623, Azizi Riviera 16
What did unit 623 last sell for?
AED 596,634 on 17 October 2023, sold by the developer: AED 1,224 per sqft for 487 sqft. It is the only registered sale of the unit.
What is the rent for unit 623?
AED 64,000 a year on the contract signed on 16 April 2024.
How big is unit 623?
487 sqft (45.2 sqm): a one-bedroom apartment of a 8-storey tower completed in 2022.
What is unit 623 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 623, Azizi Riviera 16
Starts from the last sale price (AED 597K, 17 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 596,634
- Deposit, UAE resident (20%)
- AED 119,327
- Deposit, non-resident (40%)
- AED 238,654
- Monthly over 25 years at 3.7%
- AED 2,441
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →