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Studio · 299 sqftAzizi Riviera 48, Meydan One · 5th floor · completed 2024

508, Azizi Riviera 48

Sold prices and rental history: sold twice, last in June 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 508 · DLD and Ejari recordsUpdated 25 June 2025
Last soldAED 655K25 June 2025
Current rentAED 48K /yr7 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Azizi Riviera 48

What is 508 worth today?

Last sold for AED 655,000 in 2025

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25 Jun 2025SoldReady
AED 655,000AED 2,192 per sqft
7 Nov 2024RentedNew contract
AED 48,000/yr12 months · AED 159 per sqft
7 Jun 2024Sold by developerOff-plan
AED 577,500AED 1,932 per sqft

Source: Dubai Land Department. Updated 25 June 2025.

Key facts

Type
Studio apartment
Size
299 sqft
Floor
5th of 10
Parking
B2-92
Developer
Azizi Developments
Completed
2024
Last sold
AED 655K · June 2025
Building
Azizi Riviera 48

About 508, Azizi Riviera 48

508 is a studio of 299 sqft on the 5th floor of Azizi Riviera 48, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. It last sold on 25 June 2025 for AED 655,000, or AED 2,192 per sqft, 14% above the AED 1,916 studios in the building were fetching at the time.

One Ejari contract is registered, from 7 November 2024. The current contract, signed on 7 November 2024, is AED 48,000 a year: a gross yield of 7.3% on the 2025 price.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical studio in Azizi Riviera 48
550K600K650K2019202120232025Typical 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 577,500 (AED 1,932 per sqft)Sold, June 2025: AED 655,000 (AED 2,192 per sqft)

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

Rents
Unit 508, 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 48,000 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 508 sits

All 196 studios →

508 last sold in June 2025 at AED 2,192 per sqft, 14% above what studios in Azizi Riviera 48 were fetching at the time (AED 1,916). 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. 508's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Feb 2026715,000
28 Jul 2025626,581
21 Jul 2025640,000
14 Jul 2025660,000
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 5th floor

All 306 units in Azizi Riviera 48
Value
5011-bedAED 780K · Oct 2023
502StudioAED 500K · Nov 2023
5031-bedAED 741K · Jun 2024
5041-bedAED 1.15M · Sep 2024
5051-bedAED 853K · Jun 2024
506StudioAED 556K · Aug 2022
507StudioAED 551K · Jun 2024
1–7 of 30

508, Azizi Riviera 48 in numbers

  • Sold twice: first on 7 June 2024 for AED 577,500, last on 25 June 2025 for AED 655,000 (AED 2,192 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2025 price is 7.3%.
  • 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: Dubai Land Department. Updated 25 June 2025.

Questions about 508, Azizi Riviera 48

What did unit 508 last sell for?

AED 655,000 on 25 June 2025: AED 2,192 per sqft for 299 sqft. The unit has 2 registered sales; the first was AED 577,500 in June 2024.

What is the rent for unit 508?

AED 48,000 a year on the contract signed on 7 November 2024.

How big is unit 508?

299 sqft (27.8 sqm): a studio on the 5th floor of a 10-storey tower completed in 2024.

What is unit 508 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 508, Azizi Riviera 48

Starts from the last sale price (AED 655K, 25 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 655,000
Deposit, UAE resident (20%)
AED 131,000
Deposit, non-resident (40%)
AED 262,000
Monthly over 25 years at 3.7%
AED 2,680

Plus AED 32,520 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →