Studio · 298 sqftAzizi Riviera 16, Meydan One · completed 2022

709, Azizi Riviera 16

Sold prices and rental history: sold twice, last in April 2024, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 16 August 2024
Last soldAED 560K26 April 2024
Current rentAED 50K /yr16 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Azizi Riviera 16

What is 709 worth today?

Last sold for AED 560,000 in 2024

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16 Aug 2024RentedNew contract
AED 50,000/yr12 months · AED 166 per sqft
26 Apr 2024SoldReady
AED 560,000AED 1,881 per sqft
21 May 2018Sold by developerOff-plan
AED 471,628AED 1,595 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 August 2024.

Key facts

Type
Studio apartment
Size
298 sqft
Parking
B2-47
Developer
Azizi Developments
Completed
2022
Last sold
AED 560K · April 2024

About 709, Azizi Riviera 16

709 is a studio of 298 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 26 April 2024 for AED 560,000, or AED 1,881 per sqft, 17% above the AED 1,611 studios in the building were fetching at the time.

One Ejari contract is registered, from 16 August 2024. The current contract, signed on 16 August 2024, is AED 50,000 a year: a gross yield of 8.9% on the 2024 price.

Sales and rents for 709 over time

Sales
Unit 709, 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 2018: AED 471,628 (AED 1,595 per sqft)Sold, April 2024: AED 560,000 (AED 1,881 per sqft)

709 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 709, each contractTypical studio in Azizi Riviera 16
50K2024202520262027Typical rent by year: 2024 AED 43,000; 2025 AED 46,000; 2026 AED 54,500New contract, August 2024: AED 50,000 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 709 sits

All 187 studios →

709 last sold in April 2024 at AED 1,881 per sqft, 17% above what studios in Azizi Riviera 16 were fetching at the time (AED 1,611). 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. 709's AED 50,000 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 →

709, Azizi Riviera 16 in numbers

  • Sold twice: first on 21 May 2018 for AED 471,628, last on 26 April 2024 for AED 560,000 (AED 1,881 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 8.9%.
  • 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 16 August 2024.

Questions about 709, Azizi Riviera 16

What did unit 709 last sell for?

AED 560,000 on 26 April 2024: AED 1,881 per sqft for 298 sqft. The unit has 2 registered sales; the first was AED 471,628 in May 2018.

What is the rent for unit 709?

AED 50,000 a year on the contract signed on 16 August 2024.

How big is unit 709?

298 sqft (27.7 sqm): a studio of a 8-storey tower completed in 2022.

What is unit 709 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 709, Azizi Riviera 16

Starts from the last sale price (AED 560K, 26 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

Plus AED 28,530 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →