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

721, Azizi Riviera 16

Sold prices and rental history: sold once, by the developer in December 2017, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 21 August 2025
Last soldAED 482K20 December 2017
Current rentAED 41K /yr21 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 721, Azizi Riviera 16

What is 721 worth today?

Last sold for AED 482,120 in 2017

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21 Aug 2025RentedRenewal
AED 41,000/yr12 months · AED 139 per sqft
20 Dec 2017Sold by developerOff-plan
AED 482,120AED 1,631 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2025.

Key facts

Type
Studio apartment
Size
296 sqft
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 482K · December 2017

About 721, Azizi Riviera 16

721 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 20 December 2017 for AED 482,120, or AED 1,631 per sqft, in line with the AED 1,615 studios in the building were fetching at the time.

One Ejari contract is registered, from 21 August 2025. The current contract, renewed on 21 August 2025, is AED 41,000 a year: a gross yield of 8.5% on the 2017 price.

Sales and rents for 721 over time

Sales
Unit 721, 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, December 2017: AED 482,120 (AED 1,631 per sqft)

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

Rents
Unit 721, each contractTypical studio in Azizi Riviera 16
40K50K2024202520262027Typical rent by year: 2024 AED 43,000; 2025 AED 46,000; 2026 AED 54,500Renewal, August 2025: AED 41,000 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 721 sits

All 187 studios →

721 last sold in December 2017 at AED 1,631 per sqft, in line with what studios in Azizi Riviera 16 were fetching at the time (AED 1,615). 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. 721's AED 41,000 is at the bottom 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 →

721, Azizi Riviera 16 in numbers

  • Sold once: by Azizi Developments on 20 December 2017 for AED 482,120, or AED 1,631 per sqft.
  • Rented since August 2025 on one Ejari contract, at AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2017 price is 8.5%.
  • 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 21 August 2025.

Questions about 721, Azizi Riviera 16

What did unit 721 last sell for?

AED 482,120 on 20 December 2017, sold by the developer: AED 1,631 per sqft for 296 sqft. It is the only registered sale of the unit.

What is the rent for unit 721?

AED 41,000 a year on the contract renewed on 21 August 2025.

How big is unit 721?

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

What is unit 721 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 721, Azizi Riviera 16

Starts from the last sale price (AED 482K, 20 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 482,120
Deposit, UAE resident (20%)
AED 96,424
Deposit, non-resident (40%)
AED 192,848
Monthly over 25 years at 3.7%
AED 1,973

Plus AED 23,159 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →