Studio · 316 sqftAzizi Riviera 40, Meydan One · 4th floor · completed 2024

406, Azizi Riviera 40

Sold prices and rental history: sold twice, last in June 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 610K12 June 2024
Current rentAED 45K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Azizi Riviera 40

What is 406 worth today?

Last sold for AED 610,000 in 2024

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1 Nov 2025RentedRenewal
AED 45,000/yr12 months · AED 144 per sqft
1 Nov 2025RentedRenewal
AED 54,000/yr12 months · AED 173 per sqft
1 Nov 2024RentedNew contract
AED 54,000/yr12 months · AED 173 per sqft
12 Jun 2024SoldOff-plan
AED 610,000AED 1,932 per sqft
7 Feb 2024Sold by developerOff-plan
AED 720,000AED 2,281 per sqft

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

Key facts

Type
Studio apartment
Size
316 sqft
Floor
4th of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 610K · June 2024

About 406, Azizi Riviera 40

406 is a studio of 316 sqft on the 4th floor of Azizi Riviera 40, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. It last sold on 12 June 2024 for AED 610,000, or AED 1,932 per sqft, 13% above the AED 1,709 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 November 2025, is AED 45,000 a year: a gross yield of 7.4% on the 2024 price.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in Azizi Riviera 40
500K600K700K2019202120232025Typical sale price by year: 2019 AED 516,665; 2021 AED 528,280; 2022 AED 604,800; 2023 AED 572,050; 2024 AED 539,322; 2025 AED 680,000Sold by developer, February 2024: AED 720,000 (AED 2,281 per sqft)Sold, June 2024: AED 610,000 (AED 1,932 per sqft)

406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 406, each contractTypical studio in Azizi Riviera 40
45K50K55K2024202520262027Typical rent by year: 2024 AED 47,000; 2025 AED 50,000; 2026 AED 52,000New contract, November 2024: AED 54,000 a yearRenewal, November 2025: AED 45,000 a yearRenewal, November 2025: AED 54,000 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 40, and where 406 sits

All 67 studios →

406 last sold in June 2024 at AED 1,932 per sqft, 13% above what studios in Azizi Riviera 40 were fetching at the time (AED 1,709). Over the last 12 months studios sold for AED 625,000, around AED 2,035 per sqft, and rent for AED 45,000 to 66,000 a year. 406's AED 45,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Jan 2026625,000
24 Jun 2025700,000
13 Jun 2025700,000
9 Jun 2025613,900
1 studio sale in the last 12 months

Azizi Riviera 40

Building

148 apartments, studios to 3-bed over 10 floors in Meydan One, completed in 2024 by Azizi Developments. 1 sold in the last 12 months.

Typical price per sqft
AED 2,035
Typical sale
AED 625K
Typical rent
AED 59K /yr
Typical yield
7.8%
Azizi Riviera 40, Meydan One: prices, sales and rents →

Other units on the 4th floor

All 148 units in Azizi Riviera 40
Value
4011-bedAED 793K · Jun 2021
4021-bedAED 1.15M · Apr 2024
4033-bedAED 2.9M · Mar 2025
404StudioAED 532K · Jun 2024
4052-bedAED 1.21M · Jun 2021
407AED 780K · Oct 2025
408StudioAED 534K · Sep 2024
1–7 of 14

406, Azizi Riviera 40 in numbers

  • Sold twice: first on 7 February 2024 for AED 720,000, last on 12 June 2024 for AED 610,000 (AED 1,932 per sqft).
  • Rented since November 2024 on 3 Ejari contracts, from AED 54,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 7.4%.
  • Studios in Azizi Riviera 40 sold for AED 625,000–625,000 in the 12 months to November 2026; the building's median across all types is AED 2,035 per sqft.

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

Questions about 406, Azizi Riviera 40

What did unit 406 last sell for?

AED 610,000 on 12 June 2024: AED 1,932 per sqft for 316 sqft. The unit has 2 registered sales; the first was AED 720,000 in February 2024.

What is the rent for unit 406?

AED 45,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2025, was AED 54,000; the unit has been rented since November 2024.

How big is unit 406?

316 sqft (29.4 sqm): a studio on the 4th floor of a 10-storey tower completed in 2024.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 40 sold for AED 625,000 to 625,000 in the last 12 months, around AED 2,035 per sqft.

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Mortgage on 406, Azizi Riviera 40

Starts from the last sale price (AED 610K, 12 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

Plus AED 30,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →