516, Azizi Riviera 45
Sold prices and rental history: sold once, by the developer in May 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Azizi Riviera 45
What is 516 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 351 sqft
- Floor
- 5th of 8
- Parking
- 1
- Developer
- Azizi Developments
- Completed
- 2024
- Last sold
- AED 769K · May 2024
- Building
- Azizi Riviera 45
About 516, Azizi Riviera 45
516 is a studio of 351 sqft on the 5th floor of Azizi Riviera 45, a 8-storey tower in Meydan One completed in 2024 by Azizi Developments. The developer sold it on 12 May 2024 for AED 768,825, or AED 2,189 per sqft, 10% above the AED 1,983 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 48,000 a year: a gross yield of 6.2% on the 2024 price.
Sales and rents for 516 over time
516 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Azizi Riviera 45, and where 516 sits
All 119 studios →516 last sold in May 2024 at AED 2,189 per sqft, 10% above what studios in Azizi Riviera 45 were fetching at the time (AED 1,983). Over the last 12 months studios sold for AED 645,316 to 700,000, around AED 1,844 per sqft, and rent for AED 44,955 to 78,000 a year. 516's AED 48,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Dec 202516 December 2025 | 380 sqft | 700,000 | 1,844 | ||
| 15 Dec 202515 December 2025 | 372 sqft | 645,316 | 1,735 | ||
| 8 Dec 20258 December 2025 | 380 sqft | 700,000 | 1,844 | ||
| 24 Jun 202524 June 2025 | 352 sqft | 680,000 | 1,933 |
Azizi Riviera 45
Building177 apartments, studios to 3-bed over 8 floors in Meydan One, completed in 2024 by Azizi Developments. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,844
- Typical sale
- AED 700K
- Typical rent
- AED 67K /yr
- Typical yield
- 8.2%
Other units on the 5th floor
All 177 units in Azizi Riviera 45| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 614 sqft | AED 1.03MAED 1,032,750 · Dec 2022December 2022 | ||
| 502 | Studio | 380 sqft | AED 700KAED 700,000 · Dec 2025December 2025 | 45,000 /yr | |
| 503 | Studio | 371 sqft | AED 684KAED 683,910 · May 2024May 2024 | 56,000 /yr | |
| 504 | 1-bed | 525 sqft | AED 815KAED 815,000 · Dec 2024December 2024 | 90,000 /yr | |
| 505 | 1-bed | 516 sqft | AED 868KAED 868,275 · Dec 2022December 2022 | ||
| 506 | Studio | 373 sqft | AED 761KAED 760,920 · May 2023May 2023 | ||
| 507 | Studio | 382 sqft | AED 741KAED 741,105 · May 2024May 2024 | 53,000 /yr | |
| 508 | Studio | 372 sqft | AED 685KAED 684,675 · Apr 2024April 2024 | 60,000 /yr | |
| 509 | 1-bed | 567 sqft | AED 1.02MAED 1,020,760 · Dec 2022December 2022 | ||
| 510 | 1-bed | 620 sqft | AED 1.12MAED 1,115,135 · Dec 2022December 2022 | ||
| 511 | Studio | 317 sqft | AED 618KAED 618,345 · May 2023May 2023 | 50,000 /yr | |
| 512 | Studio | 329 sqft | AED 654KAED 654,075 · May 2024May 2024 | 40,000 /yr | |
| 513 | Studio | 344 sqft | AED 610KAED 610,000 · Nov 2024November 2024 | 50,000 /yr | |
| 514 | Studio | 328 sqft | AED 639KAED 639,000 · May 2024May 2024 | ||
| 515 | Studio | 351 sqft | AED 1MAED 1,003,200 · May 2024May 2024 | 50,000 /yr | |
| 517 | Studio | 352 sqft | AED 689KAED 689,315 · Dec 2022December 2022 | ||
| 518 | Studio | 351 sqft | AED 689KAED 688,560 · Dec 2022December 2022 | ||
| 519 | Studio | 351 sqft | AED 735KAED 734,655 · May 2024May 2024 | 45,000 /yr | |
| 520 | Studio | 351 sqft | AED 735KAED 735,300 · May 2024May 2024 | ||
| 521 | Studio | 381 sqft | AED 833KAED 832,950 · Aug 2023August 2023 | ||
| 522 | Studio | 380 sqft | AED 832KAED 832,275 · May 2024May 2024 | 47,871 /yr | |
| 523 | 3-bed | 1,036 sqft | AED 1.69MAED 1,688,115 · Dec 2022December 2022 | 120,000 /yr |
516, Azizi Riviera 45 in numbers
- Sold once: by Azizi Developments on 12 May 2024 for AED 768,825, or AED 2,189 per sqft.
- Rented since September 2024 on 2 Ejari contracts, from AED 46,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2024 price is 6.2%.
- Studios in Azizi Riviera 45 sold for AED 645,316–700,000 in the 12 months to November 2026; the building's median across all types is AED 1,844 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.
Questions about 516, Azizi Riviera 45
What did unit 516 last sell for?
AED 768,825 on 12 May 2024, sold by the developer: AED 2,189 per sqft for 351 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 48,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 46,000.
How big is unit 516?
351 sqft (32.6 sqm): a studio on the 5th floor of a 8-storey tower completed in 2024.
What is unit 516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 45 sold for AED 645,316 to 700,000 in the last 12 months, around AED 1,844 per sqft.
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Mortgage on 516, Azizi Riviera 45
Starts from the last sale price (AED 769K, 12 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 768,825
- Deposit, UAE resident (20%)
- AED 153,765
- Deposit, non-resident (40%)
- AED 307,530
- Monthly over 25 years at 3.7%
- AED 3,146
Plus AED 37,301 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →