506, Azizi Riviera 23
Sold prices and rental history: sold once, by the developer in February 2018, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Azizi Riviera 23
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 335 sqft
- Parking
- 1
- Developer
- Azizi Developments
- Completed
- 2022
- Last sold
- AED 573K · February 2018
- Building
- Azizi Riviera 23
About 506, Azizi Riviera 23
506 is a studio of 335 sqft of Azizi Riviera 23, a 10-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 28 February 2018 for AED 572,928, or AED 1,708 per sqft, in line with the AED 1,686 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 45,000 a year: a gross yield of 7.8% on the 2018 price.
Sales and rents for 506 over time
506 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Azizi Riviera 23, and where 506 sits
All 133 studios →506 last sold in February 2018 at AED 1,708 per sqft, in line with what studios in Azizi Riviera 23 were fetching at the time (AED 1,686). Over the last 12 months studios sold for AED 785,000 to 830,000, around AED 1,923 per sqft, and rent for AED 50,000 to 78,000 a year. 506's AED 45,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 379 sqft | 785,000 | 2,071 | ||
| 13 Jan 202613 January 2026 | 467 sqft | 830,000 | 1,775 | ||
| 14 May 202514 May 2025 | 319 sqft | 600,000 | 1,878 | ||
| 7 Apr 20257 April 2025 | 381 sqft | 735,000 | 1,928 |
Azizi Riviera 23
Building9 apartments, studios to 3-bed over 10 floors in Meydan One, completed in 2022 by Azizi Developments. 3 sold in the last 12 months.
- Typical price per sqft
- AED 2,071
- Typical sale
- AED 830K
- Typical rent
- AED 78K /yr
- Typical yield
- 7.1%
506, Azizi Riviera 23 in numbers
- Sold once: by Azizi Developments on 28 February 2018 for AED 572,928, or AED 1,708 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2018 price is 7.8%.
- Studios in Azizi Riviera 23 sold for AED 785,000–830,000 in the 12 months to November 2026; the building's median across all types is AED 2,071 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Questions about 506, Azizi Riviera 23
What did unit 506 last sell for?
AED 572,928 on 28 February 2018, sold by the developer: AED 1,708 per sqft for 335 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 45,000 a year on the contract signed on 1 October 2024.
How big is unit 506?
335 sqft (31.1 sqm): a studio of a 10-storey tower completed in 2022.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 23 sold for AED 785,000 to 830,000 in the last 12 months, around AED 1,923 per sqft.
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Mortgage on 506, Azizi Riviera 23
Starts from the last sale price (AED 573K, 28 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 572,928
- Deposit, UAE resident (20%)
- AED 114,586
- Deposit, non-resident (40%)
- AED 229,171
- Monthly over 25 years at 3.7%
- AED 2,344
Plus AED 29,073 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →