516, Azizi Riviera 27
Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Azizi Riviera 27
What is 516 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 372 sqft
- Parking
- 1
- Developer
- Azizi Developments
- Completed
- 2023
- Last sold
- AED 569K · October 2023
- Building
- Azizi Riviera 27
About 516, Azizi Riviera 27
516 is a studio of 372 sqft of Azizi Riviera 27, a 7-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 18 October 2023 for AED 568,800, or AED 1,528 per sqft, in line with the AED 1,529 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 March 2024. The current contract, signed on 1 March 2024, is AED 48,000 a year: a gross yield of 8.4% on the 2023 price.
Sales and rents for 516 over time
516 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 27, and where 516 sits
All 142 studios →516 last sold in October 2023 at AED 1,528 per sqft, in line with what studios in Azizi Riviera 27 were fetching at the time (AED 1,529). Over the last 12 months studios sold for AED 250,000 to 742,000, around AED 2,018 per sqft, and rent for AED 43,000 to 78,000 a year. 516's AED 48,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 332 sqft | 720,000 | 2,167 | ||
| 30 Jan 202630 January 2026 | 332 sqft | 670,000 | 2,018 | ||
| 21 Jan 202621 January 2026 | 355 sqft | 665,000 | 1,872 | ||
| 14 Jan 202614 January 2026 | 370 sqft | 742,000 | 2,003 |
Azizi Riviera 27
Building12 apartments, studios to 3-bed over 7 floors in Meydan One, completed in 2023 by Azizi Developments. 10 sold in the last 12 months.
- Typical price per sqft
- AED 2,034 Up 10.4%
- Typical sale
- AED 725K
- Typical rent
- AED 60K /yr
- Typical yield
- 7.8%
516, Azizi Riviera 27 in numbers
- Sold once: by Azizi Developments on 18 October 2023 for AED 568,800, or AED 1,528 per sqft.
- Rented since March 2024 on one Ejari contract, at AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2023 price is 8.4%.
- Studios in Azizi Riviera 27 sold for AED 250,000–742,000 in the 12 months to November 2026; the building's median across all types is AED 2,034 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.
Questions about 516, Azizi Riviera 27
What did unit 516 last sell for?
AED 568,800 on 18 October 2023, sold by the developer: AED 1,528 per sqft for 372 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 48,000 a year on the contract signed on 1 March 2024.
How big is unit 516?
372 sqft (34.6 sqm): a studio of a 7-storey tower completed in 2023.
What is unit 516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 27 sold for AED 250,000 to 742,000 in the last 12 months, around AED 2,018 per sqft.
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Mortgage on 516, Azizi Riviera 27
Starts from the last sale price (AED 569K, 18 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 568,800
- Deposit, UAE resident (20%)
- AED 113,760
- Deposit, non-resident (40%)
- AED 227,520
- Monthly over 25 years at 3.7%
- AED 2,327
Plus AED 28,900 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →