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Studio · 303 sqftAzizi Riviera 46, Meydan One · 5th floor · completed 2024

516, Azizi Riviera 46

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

Unit 516 · DLD and Ejari recordsUpdated 16 October 2024
Last soldAED 614K26 May 2024
Current rentAED 45K /yr16 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Azizi Riviera 46

What is 516 worth today?

Last sold for AED 613,930 in 2024

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16 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 149 per sqft
26 May 2024Sold by developerOff-plan
AED 613,930AED 2,029 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2024.

Key facts

Type
Studio apartment
Size
303 sqft
Floor
5th of 9
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 614K · May 2024
Building
Azizi Riviera 46

About 516, Azizi Riviera 46

516 is a studio of 303 sqft on the 5th floor of Azizi Riviera 46, a 9-storey tower in Meydan One completed in 2024 by Azizi Developments. The developer sold it on 26 May 2024 for AED 613,930, or AED 2,029 per sqft, in line with the AED 1,972 studios in the building were fetching at the time.

One Ejari contract is registered, from 16 October 2024. The current contract, signed on 16 October 2024, is AED 45,000 a year: a gross yield of 7.3% on the 2024 price.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical studio in Azizi Riviera 46
600K650K202220242026Typical sale price by year: 2022 AED 645,660; 2023 AED 586,740; 2024 AED 599,760; 2025 AED 612,500; 2026 AED 670,000Sold by developer, May 2024: AED 613,930 (AED 2,029 per sqft)

516 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 516, each contractTypical studio in Azizi Riviera 46
50K2024202520262027Typical rent by year: 2024 AED 43,000; 2025 AED 48,000; 2026 AED 55,000New contract, October 2024: AED 45,000 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 46, and where 516 sits

All 307 studios →

516 last sold in May 2024 at AED 2,029 per sqft, in line with what studios in Azizi Riviera 46 were fetching at the time (AED 1,972). Over the last 12 months studios sold for AED 640,000 to 869,660, around AED 2,149 per sqft, and rent for AED 45,000 to 65,000 a year. 516's AED 45,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 2026670,000
6 Feb 2026869,660
20 Jan 2026650,000
21 Jul 2025580,000
8 studio sales in the last 12 months

Azizi Riviera 46

Building

387 apartments, studios to 2-bed over 9 floors in Meydan One, completed in 2024 by Azizi Developments. 10 sold in the last 12 months.

Typical price per sqft
AED 2,173 Up 8.8%
Typical sale
AED 668K
Typical rent
AED 55K /yr
Typical yield
7.5%
Azizi Riviera 46, Meydan One: prices, sales and rents →

Other units on the 5th floor

All 387 units in Azizi Riviera 46
Value
5011-bedAED 930K · Feb 2025
502StudioAED 581K · Oct 2023
503StudioAED 643K · May 2024
504StudioAED 643K · Dec 2022
505AED 643K · Dec 2022
506StudioAED 643K · May 2024
507StudioAED 705K · May 2024
1–7 of 42

516, Azizi Riviera 46 in numbers

  • Sold once: by Azizi Developments on 26 May 2024 for AED 613,930, or AED 2,029 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 7.3%.
  • Studios in Azizi Riviera 46 sold for AED 640,000–869,660 in the 12 months to November 2026; the building's median across all types is AED 2,173 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2024.

Questions about 516, Azizi Riviera 46

What did unit 516 last sell for?

AED 613,930 on 26 May 2024, sold by the developer: AED 2,029 per sqft for 303 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 45,000 a year on the contract signed on 16 October 2024.

How big is unit 516?

303 sqft (28.1 sqm): a studio on the 5th floor of a 9-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 46 sold for AED 640,000 to 869,660 in the last 12 months, around AED 2,149 per sqft.

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Mortgage on 516, Azizi Riviera 46

Starts from the last sale price (AED 614K, 26 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 613,930
Deposit, UAE resident (20%)
AED 122,786
Deposit, non-resident (40%)
AED 245,572
Monthly over 25 years at 3.7%
AED 2,512

Plus AED 30,795 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →