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Studio · 353 sqftAzizi Riviera 48, Meydan One · 1st floor · completed 2024

118, Azizi Riviera 48

Sold prices and rental history: sold twice, last in July 2025, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 28 July 2025
Last soldAED 627K28 July 2025
Current rentAED 50K /yr18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Azizi Riviera 48

What is 118 worth today?

Last sold for AED 626,581 in 2025

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28 Jul 2025SoldReady
AED 626,581AED 1,774 per sqft
18 Nov 2024RentedNew contract
AED 50,000/yr12 months · AED 142 per sqft
21 Jun 2024Sold by developerOff-plan
AED 475,440AED 1,346 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 July 2025.

Key facts

Type
Studio apartment
Size
353 sqft
Floor
1st of 10
Parking
B1-78
Developer
Azizi Developments
Completed
2024
Last sold
AED 627K · July 2025
Building
Azizi Riviera 48

About 118, Azizi Riviera 48

118 is a studio of 353 sqft on the 1st floor of Azizi Riviera 48, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. It last sold on 28 July 2025 for AED 626,581, or AED 1,774 per sqft, 7% below the AED 1,903 studios in the building were fetching at the time.

One Ejari contract is registered, from 18 November 2024. The current contract, signed on 18 November 2024, is AED 50,000 a year: a gross yield of 8.0% on the 2025 price.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical studio in Azizi Riviera 48
500K600K2019202120232025Typical sale price by year: 2019 AED 547,014; 2021 AED 563,580; 2022 AED 559,562; 2023 AED 595,200; 2024 AED 599,425; 2025 AED 650,000Sold by developer, June 2024: AED 475,440 (AED 1,346 per sqft)Sold, July 2025: AED 626,581 (AED 1,774 per sqft)

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

Rents
Unit 118, each contractTypical studio in Azizi Riviera 48
45K50K55K2024202520262027Typical rent by year: 2024 AED 45,000; 2025 AED 50,000; 2026 AED 55,000New contract, November 2024: AED 50,000 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 48, and where 118 sits

All 196 studios →

118 last sold in July 2025 at AED 1,774 per sqft, 7% below what studios in Azizi Riviera 48 were fetching at the time (AED 1,903). Over the last 12 months studios sold for AED 690,000 to 715,000, around AED 1,929 per sqft, and rent for AED 40,286 to 78,000 a year. 118's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Feb 2026715,000
21 Jul 2025640,000
14 Jul 2025660,000
25 Jun 2025655,000
2 studio sales in the last 12 months

Azizi Riviera 48

Building

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

Typical price per sqft
AED 2,084
Typical sale
AED 715K
Typical rent
AED 60K /yr
Typical yield
7.4%
Azizi Riviera 48, Meydan One: prices, sales and rents →

Other units on the 1st floor

All 306 units in Azizi Riviera 48
Value
1011-bedAED 1.42M · Oct 2023
102StudioAED 481K · Jul 2019
1031-bedAED 749K · Jul 2019
1041-bedAED 1M · May 2025
1051-bedAED 1.13M · Jun 2022
106StudioAED 563K · Jun 2024
107StudioAED 715K · Feb 2026
1–7 of 30

118, Azizi Riviera 48 in numbers

  • Sold twice: first on 21 June 2024 for AED 475,440, last on 28 July 2025 for AED 626,581 (AED 1,774 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 8.0%.
  • Studios in Azizi Riviera 48 sold for AED 690,000–715,000 in the 12 months to November 2026; the building's median across all types is AED 2,084 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 28 July 2025.

Questions about 118, Azizi Riviera 48

What did unit 118 last sell for?

AED 626,581 on 28 July 2025: AED 1,774 per sqft for 353 sqft. The unit has 2 registered sales; the first was AED 475,440 in June 2024.

What is the rent for unit 118?

AED 50,000 a year on the contract signed on 18 November 2024.

How big is unit 118?

353 sqft (32.8 sqm): a studio on the 1st floor of a 10-storey tower completed in 2024.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 48 sold for AED 690,000 to 715,000 in the last 12 months, around AED 1,929 per sqft.

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Mortgage on 118, Azizi Riviera 48

Starts from the last sale price (AED 627K, 28 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 626,581
Deposit, UAE resident (20%)
AED 125,316
Deposit, non-resident (40%)
AED 250,632
Monthly over 25 years at 3.7%
AED 2,564

Plus AED 31,326 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →