1-bed · 575 sqftAzizi Riviera 34, Meydan One · completed 2023

701, Azizi Riviera 34

Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 21 August 2024
Last soldAED 856K24 October 2023
Current rentAED 75K /yr21 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Azizi Riviera 34

What is 701 worth today?

Last sold for AED 856,028 in 2023

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21 Aug 2024RentedNew contract
AED 75,000/yr12 months · AED 130 per sqft
24 Oct 2023Sold by developerOff-plan
AED 856,028AED 1,488 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2024.

Key facts

Type
1-bed apartment
Size
575 sqft
Parking
1
Developer
Azizi Developments
Completed
2023
Last sold
AED 856K · October 2023

About 701, Azizi Riviera 34

701 is a one-bedroom apartment of 575 sqft of Azizi Riviera 34, a 7-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 24 October 2023 for AED 856,028, or AED 1,488 per sqft, 4% above the AED 1,434 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 21 August 2024. The current contract, signed on 21 August 2024, is AED 75,000 a year: a gross yield of 8.8% on the 2023 price.

Sales and rents for 701 over time

Sales
Unit 701, 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 2023: AED 856,028 (AED 1,488 per sqft)

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

Rents
Unit 701, each contractTypical one-bed in Azizi Riviera 34
70K75K80K2024202520262027Typical rent by year: 2024 AED 70,000; 2025 AED 78,500; 2026 AED 76,000New contract, August 2024: AED 75,000 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 701 sits

All 57 1-beds →

701 last sold in October 2023 at AED 1,488 per sqft, 4% above what one-beds in Azizi Riviera 34 were fetching at the time (AED 1,434). 701's AED 75,000 is in the lower half 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 →

701, Azizi Riviera 34 in numbers

  • Sold once: by Azizi Developments on 24 October 2023 for AED 856,028, or AED 1,488 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 8.8%.

Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2024.

Questions about 701, Azizi Riviera 34

What did unit 701 last sell for?

AED 856,028 on 24 October 2023, sold by the developer: AED 1,488 per sqft for 575 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 75,000 a year on the contract signed on 21 August 2024.

How big is unit 701?

575 sqft (53.4 sqm): a one-bedroom apartment of a 7-storey tower completed in 2023.

What is unit 701 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 701, Azizi Riviera 34

Starts from the last sale price (AED 856K, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 856,028
Deposit, UAE resident (20%)
AED 171,206
Deposit, non-resident (40%)
AED 342,411
Monthly over 25 years at 3.7%
AED 3,502

Plus AED 40,963 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →