Studio · 331 sqftAzizi Riviera 28, Meydan One · completed 2023

623, Azizi Riviera 28

Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 447K1 October 2019
Current rentAED 48K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 623, Azizi Riviera 28

What is 623 worth today?

Last sold for AED 446,952 in 2019

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1 Mar 2025RentedRenewal
AED 48,000/yr12 months · AED 149 per sqft
1 Mar 2025RentedRenewal
AED 45,000/yr12 months · AED 135 per sqft
1 Mar 2024RentedNew contract
AED 48,000/yr12 months · AED 144 per sqft
1 Oct 2019Sold by developerOff-plan
AED 446,952AED 1,351 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
331 sqft
Parking
1
Developer
Azizi Developments
Completed
2023
Last sold
AED 447K · October 2019

About 623, Azizi Riviera 28

623 is a studio of 331 sqft of Azizi Riviera 28, a 7-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 1 October 2019 for AED 446,952, or AED 1,351 per sqft, 12% below the AED 1,540 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 48,000 a year: a gross yield of 10.7% on the 2019 price.

Sales and rents for 623 over time

Sales
Unit 623, each saleTypical studio in Azizi Riviera 28
500K600K20192021202320252027Typical sale price by year: 2019 AED 504,820; 2022 AED 572,000; 2023 AED 571,092; 2024 AED 598,448; 2025 AED 635,000; 2026 AED 492,083Sold by developer, October 2019: AED 446,952 (AED 1,351 per sqft)

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

Rents
Unit 623, each contractTypical studio in Azizi Riviera 28
45K50K55K2024202520262027Typical rent by year: 2024 AED 48,000; 2025 AED 50,000; 2026 AED 54,000New contract, March 2024: AED 48,000 a yearRenewal, March 2025: AED 48,000 a yearRenewal, March 2025: AED 45,000 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 28, and where 623 sits

All 149 studios →

623 last sold in October 2019 at AED 1,351 per sqft, 12% below what studios in Azizi Riviera 28 were fetching at the time (AED 1,540). Over the last 12 months studios sold for AED 350,000 to 660,000, around AED 1,958 per sqft, and rent for AED 25,000 to 63,000 a year. 623's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 2026492,083
9 Feb 2026350,000
6 Feb 2026660,000
10 Jul 2025560,000
4 studio sales in the last 12 months

Azizi Riviera 28

Building

18 apartments, studios to 3-bed over 7 floors in Meydan One, completed in 2023 by Azizi Developments. 5 sold in the last 12 months.

Typical price per sqft
AED 1,954
Typical sale
AED 650K
Typical rent
AED 59K /yr
Typical yield
7.6%
Azizi Riviera 28, Meydan One: prices, sales and rents →

623, Azizi Riviera 28 in numbers

  • Sold once: by Azizi Developments on 1 October 2019 for AED 446,952, or AED 1,351 per sqft.
  • Rented since March 2024 on 3 Ejari contracts, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2019 price is 10.7%.
  • Studios in Azizi Riviera 28 sold for AED 350,000–660,000 in the 12 months to November 2026; the building's median across all types is AED 1,954 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.

Questions about 623, Azizi Riviera 28

What did unit 623 last sell for?

AED 446,952 on 1 October 2019, sold by the developer: AED 1,351 per sqft for 331 sqft. It is the only registered sale of the unit.

What is the rent for unit 623?

AED 48,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2025, was AED 45,000; the unit has been rented since March 2024.

How big is unit 623?

331 sqft (30.8 sqm): a studio of a 7-storey tower completed in 2023.

What is unit 623 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 28 sold for AED 350,000 to 660,000 in the last 12 months, around AED 1,958 per sqft.

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Mortgage on 623, Azizi Riviera 28

Starts from the last sale price (AED 447K, 1 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 446,952
Deposit, UAE resident (20%)
AED 89,390
Deposit, non-resident (40%)
AED 178,781
Monthly over 25 years at 3.7%
AED 1,829

Plus AED 21,682 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →