1-bed · 574 sqftAzizi Riviera 34, Meydan One · completed 2023

516, Azizi Riviera 34

Sold prices and rental history: sold once, by the developer in October 2021, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 25 December 2024
Last soldAED 812K20 October 2021
Current rentAED 65K /yr25 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Azizi Riviera 34

What is 516 worth today?

Last sold for AED 812,456 in 2021

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25 Dec 2024RentedRenewal
AED 65,000/yr12 months · AED 113 per sqft
20 Oct 2021Sold by developerOff-plan
AED 812,456AED 1,415 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 December 2024.

Key facts

Type
1-bed apartment
Size
574 sqft
Parking
1
Developer
Azizi Developments
Completed
2023
Last sold
AED 812K · October 2021

About 516, Azizi Riviera 34

516 is a one-bedroom apartment of 574 sqft of Azizi Riviera 34, a 7-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 20 October 2021 for AED 812,456, or AED 1,415 per sqft, 5% below the AED 1,489 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 December 2024. The current contract, renewed on 25 December 2024, is AED 65,000 a year: a gross yield of 8.0% on the 2021 price.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical one-bed in Azizi Riviera 34
800K900K2019202120232025Typical sale price by year: 2019 AED 786,818; 2020 AED 789,926; 2021 AED 781,515; 2022 AED 775,320; 2023 AED 825,133; 2024 AED 915,000Sold by developer, October 2021: AED 812,456 (AED 1,415 per sqft)

516 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 516, each contractTypical one-bed in Azizi Riviera 34
70K80K2024202520262027Typical rent by year: 2024 AED 70,000; 2025 AED 78,500; 2026 AED 76,000Renewal, December 2024: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Azizi Riviera 34, and where 516 sits

All 57 1-beds →

516 last sold in October 2021 at AED 1,415 per sqft, 5% below what one-beds in Azizi Riviera 34 were fetching at the time (AED 1,489). 516's AED 65,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Nov 2024887,000
21 Nov 20241,050,000
12 Nov 2024830,000
7 Nov 2024915,000
0 1-bed sales in the last 12 months

Azizi Riviera 34

Building

12 apartments, studios to 3-bed over 7 floors in Meydan One, completed in 2023 by Azizi Developments. 2 sold in the last 12 months.

Typical price per sqft
AED 1,741
Typical sale
AED 698K
Typical rent
AED 60K /yr
Typical yield
8.4%
Azizi Riviera 34, Meydan One: prices, sales and rents →

516, Azizi Riviera 34 in numbers

  • Sold once: by Azizi Developments on 20 October 2021 for AED 812,456, or AED 1,415 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 8.0%.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 December 2024.

Questions about 516, Azizi Riviera 34

What did unit 516 last sell for?

AED 812,456 on 20 October 2021, sold by the developer: AED 1,415 per sqft for 574 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 65,000 a year on the contract renewed on 25 December 2024.

How big is unit 516?

574 sqft (53.3 sqm): a one-bedroom apartment 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.

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Mortgage on 516, Azizi Riviera 34

Starts from the last sale price (AED 812K, 20 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 812,456
Deposit, UAE resident (20%)
AED 162,491
Deposit, non-resident (40%)
AED 324,982
Monthly over 25 years at 3.7%
AED 3,324

Plus AED 39,133 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →