515, Azizi Riviera 40
Sold prices and rental history: sold once, by the developer in June 2023, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Azizi Riviera 40
What is 515 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 786 sqft
- Floor
- 5th of 10
- Parking
- 1
- Developer
- Azizi Developments
- Completed
- 2024
- Last sold
- AED 1.05M · June 2023
- Building
- Azizi Riviera 40
About 515, Azizi Riviera 40
515 is a two-bedroom apartment of 786 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 13 June 2023 for AED 1,049,453, or AED 1,334 per sqft, 11% below the AED 1,498 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 3 October 2024. The current contract, signed on 3 October 2024, is AED 100,000 a year: a gross yield of 9.5% on the 2023 price.
Sales and rents for 515 over time
515 has sold once; the dashed line is the two-bed median of each year in the building.
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 515 sits
All 27 2-beds →515 last sold in June 2023 at AED 1,334 per sqft, 11% below what two-beds in Azizi Riviera 40 were fetching at the time (AED 1,498). 515's AED 100,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202411 December 2024 | 794 sqft | 1,500,000 | 1,888 | ||
| 16 Sep 202416 September 2024 | 794 sqft | 1,300,000 | 1,636 | ||
| 5 Aug 20245 August 2024 | 793 sqft | 1,320,000 | 1,664 | ||
| 9 Jun 20249 June 2024 | 860 sqft | 1,415,250 | 1,644 |
Azizi Riviera 40
Building148 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%
Other units on the 5th floor
All 148 units in Azizi Riviera 40| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 503 sqft | AED 748KAED 748,140 · May 2024May 2024 | 66,000 /yr | |
| 502 | 1-bed | 512 sqft | AED 735KAED 735,264 · Sep 2024September 2024 | 80,000 /yr | |
| 503 | 3-bed | 1,205 sqft | AED 1.88MAED 1,880,898 · Mar 2025March 2025 | ||
| 504 | Studio | 314 sqft | AED 630KAED 630,000 · Sep 2024September 2024 | 62,400 /yr | |
| 505 | 2-bed | 791 sqft | AED 1.31MAED 1,307,726 · Dec 2023December 2023 | 100,000 /yr | |
| 506 | Studio | 316 sqft | AED 539KAED 539,029 · May 2024May 2024 | ||
| 507 | Studio | 311 sqft | AED 501KAED 500,500 · May 2024May 2024 | ||
| 508 | Studio | 314 sqft | AED 635KAED 635,000 · Jan 2025January 2025 | ||
| 509 | Studio | 310 sqft | AED 599KAED 599,200 · Mar 2021March 2021 | ||
| 510 | Studio | 316 sqft | AED 540KAED 539,588 · May 2024May 2024 | 50,000 /yr | |
| 511 | 2-bed | 860 sqft | AED 1.42MAED 1,415,250 · Jun 2024June 2024 | 100,000 /yr | |
| 512 | 1-bed | 552 sqft | AED 1.05MAED 1,050,000 · Dec 2024December 2024 | ||
| 513 | Studio | 306 sqft | AED 483KAED 483,455 · Feb 2019February 2019 | 52,000 /yr | |
| 514 | 1-bed | 488 sqft | AED 732KAED 731,574 · May 2024May 2024 | 70,000 /yr |
515, Azizi Riviera 40 in numbers
- Sold once: by Azizi Developments on 13 June 2023 for AED 1,049,453, or AED 1,334 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2023 price is 9.5%.
Source: YallaValue analysis of Dubai Land Department records. Updated 3 October 2024.
Questions about 515, Azizi Riviera 40
What did unit 515 last sell for?
AED 1,049,453 on 13 June 2023, sold by the developer: AED 1,334 per sqft for 786 sqft. It is the only registered sale of the unit.
What is the rent for unit 515?
AED 100,000 a year on the contract signed on 3 October 2024.
How big is unit 515?
786 sqft (73.0 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2024.
What is unit 515 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 515, Azizi Riviera 40
Starts from the last sale price (AED 1.05M, 13 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,049,453
- Deposit, UAE resident (20%)
- AED 209,891
- Deposit, non-resident (40%)
- AED 419,781
- Monthly over 25 years at 3.7%
- AED 4,294
Plus AED 49,087 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →