1-bed · 573 sqftAzizi Riviera 16, Meydan One · completed 2022

631, Azizi Riviera 16

Sold prices and rental history: sold once, by the developer in December 2017, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 631 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 687K20 December 2017
Current rentAED 80K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 631, Azizi Riviera 16

What is 631 worth today?

Last sold for AED 687,261 in 2017

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15 Mar 2024RentedNew contract
AED 80,000/yr12 months · AED 139 per sqft
20 Dec 2017Sold by developerOff-plan
AED 687,261AED 1,198 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2024.

Key facts

Type
1-bed apartment
Size
573 sqft
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 687K · December 2017

About 631, Azizi Riviera 16

631 is a one-bedroom apartment of 573 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 687,261, or AED 1,198 per sqft, in line with the AED 1,201 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2024. The current contract, signed on 15 March 2024, is AED 80,000 a year: a gross yield of 11.6% on the 2017 price.

Sales and rents for 631 over time

Sales
Unit 631, 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 687,261 (AED 1,198 per sqft)

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

Rents
Unit 631, each contractTypical one-bed in Azizi Riviera 16
70K75K80K202420252026Typical rent by year: 2024 AED 70,000; 2025 AED 75,000New contract, March 2024: AED 80,000 a year

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 631 sits

All 37 1-beds →

631 last sold in December 2017 at AED 1,198 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. 631's AED 80,000 is in the lower half of that range.

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 →

631, Azizi Riviera 16 in numbers

  • Sold once: by Azizi Developments on 20 December 2017 for AED 687,261, or AED 1,198 per sqft.
  • Rented since March 2024 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 11.6%.
  • 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 15 March 2024.

Questions about 631, Azizi Riviera 16

What did unit 631 last sell for?

AED 687,261 on 20 December 2017, sold by the developer: AED 1,198 per sqft for 573 sqft. It is the only registered sale of the unit.

What is the rent for unit 631?

AED 80,000 a year on the contract signed on 15 March 2024.

How big is unit 631?

573 sqft (53.2 sqm): a one-bedroom apartment of a 8-storey tower completed in 2022.

What is unit 631 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 631, Azizi Riviera 16

Starts from the last sale price (AED 687K, 20 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 687,261
Deposit, UAE resident (20%)
AED 137,452
Deposit, non-resident (40%)
AED 274,904
Monthly over 25 years at 3.7%
AED 2,812

Plus AED 33,875 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →