2-bed · 860 sqftAzizi Riviera 40, Meydan One · 5th floor · completed 2024

511, Azizi Riviera 40

Sold prices and rental history: sold once, by the developer in June 2024, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 10 January 2025
Last soldAED 1.42M9 June 2024
Current rentAED 100K /yr10 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Azizi Riviera 40

What is 511 worth today?

Last sold for AED 1,415,250 in 2024

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10 Jan 2025RentedNew contract
AED 100,000/yr12 months · AED 115 per sqft
9 Jun 2024Sold by developerOff-plan
AED 1,415,250AED 1,644 per sqft

Source: Dubai Land Department. Updated 10 January 2025.

Key facts

Type
2-bed apartment
Size
860 sqft
Floor
5th of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 1.42M · June 2024

About 511, Azizi Riviera 40

511 is a two-bedroom apartment of 860 sqft on the 5th floor of Azizi Riviera 40, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. The developer sold it on 9 June 2024 for AED 1,415,250, or AED 1,644 per sqft, 9% above the AED 1,504 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 January 2025. The current contract, signed on 10 January 2025, is AED 100,000 a year: a gross yield of 7.1% on the 2024 price.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical two-bed in Azizi Riviera 40
1.2M1.4M20212022202320242025Typical sale price by year: 2021 AED 1,259,535; 2023 AED 1,120,829; 2024 AED 1,282,160Sold by developer, June 2024: AED 1,415,250 (AED 1,644 per sqft)

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

Rents
Unit 511, each contractTypical two-bed in Azizi Riviera 40
100K101K101K202420252026Typical rent by year: 2024 AED 101,000; 2025 AED 100,000New contract, January 2025: AED 100,000 a year

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

2-beds in Azizi Riviera 40, and where 511 sits

All 27 2-beds →

511 last sold in June 2024 at AED 1,644 per sqft, 9% above what two-beds in Azizi Riviera 40 were fetching at the time (AED 1,504). 511's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Dec 20241,500,000
16 Sep 20241,300,000
5 Aug 20241,320,000
15 May 20241,191,100
0 2-bed sales 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 5th floor

All 148 units in Azizi Riviera 40
Value
5011-bedAED 748K · May 2024
5021-bedAED 735K · Sep 2024
5033-bedAED 1.88M · Mar 2025
504StudioAED 630K · Sep 2024
5052-bedAED 1.31M · Dec 2023
506StudioAED 539K · May 2024
507StudioAED 501K · May 2024
1–7 of 14

511, Azizi Riviera 40 in numbers

  • Sold once: by Azizi Developments on 9 June 2024 for AED 1,415,250, or AED 1,644 per sqft.
  • Rented since January 2025 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 7.1%.

Source: Dubai Land Department. Updated 10 January 2025.

Questions about 511, Azizi Riviera 40

What did unit 511 last sell for?

AED 1,415,250 on 9 June 2024, sold by the developer: AED 1,644 per sqft for 860 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 100,000 a year on the contract signed on 10 January 2025.

How big is unit 511?

860 sqft (79.9 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2024.

What is unit 511 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 511, Azizi Riviera 40

Starts from the last sale price (AED 1.42M, 9 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,415,250
Deposit, UAE resident (20%)
AED 283,050
Deposit, non-resident (40%)
AED 566,100
Monthly over 25 years at 3.7%
AED 5,790

Plus AED 64,451 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →