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Studio · 311 sqftAzizi Riviera 48, Meydan One · 7th floor · completed 2024

706, Azizi Riviera 48

Sold prices and rental history: sold once, by the developer in June 2019, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 553K24 June 2019
Current rentAED 53K /yr27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Azizi Riviera 48

What is 706 worth today?

Last sold for AED 552,552 in 2019

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27 Nov 2024RentedNew contract
AED 53,000/yr12 months · AED 170 per sqft
24 Jun 2019Sold by developerOff-plan
AED 552,552AED 1,776 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 November 2024.

Key facts

Type
Studio apartment
Size
311 sqft
Floor
7th of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 553K · June 2019
Building
Azizi Riviera 48

About 706, Azizi Riviera 48

706 is a studio of 311 sqft on the 7th floor of Azizi Riviera 48, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. The developer sold it on 24 June 2019 for AED 552,552, or AED 1,776 per sqft, in line with the AED 1,742 studios in the building were fetching at the time.

One Ejari contract is registered, from 27 November 2024. The current contract, signed on 27 November 2024, is AED 53,000 a year: a gross yield of 9.6% on the 2019 price.

Sales and rents for 706 over time

Sales
Unit 706, 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 2019: AED 552,552 (AED 1,776 per sqft)

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

Rents
Unit 706, 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 53,000 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 706 sits

All 196 studios →

706 last sold in June 2019 at AED 1,776 per sqft, in line with what studios in Azizi Riviera 48 were fetching at the time (AED 1,742). 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. 706's AED 53,000 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 7th floor

All 306 units in Azizi Riviera 48
Value
7011-bedAED 936K · May 2024
702StudioAED 556K · Jun 2024
7031-bedAED 826K · May 2024
7041-bedAED 926K · May 2024
7051-bedAED 809K · Sep 2019
707StudioAED 570K · Aug 2022
708StudioAED 588K · Aug 2022
1–7 of 30

706, Azizi Riviera 48 in numbers

  • Sold once: by Azizi Developments on 24 June 2019 for AED 552,552, or AED 1,776 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2019 price is 9.6%.
  • 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 27 November 2024.

Questions about 706, Azizi Riviera 48

What did unit 706 last sell for?

AED 552,552 on 24 June 2019, sold by the developer: AED 1,776 per sqft for 311 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 53,000 a year on the contract signed on 27 November 2024.

How big is unit 706?

311 sqft (28.9 sqm): a studio on the 7th floor of a 10-storey tower completed in 2024.

What is unit 706 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 706, Azizi Riviera 48

Starts from the last sale price (AED 553K, 24 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 552,552
Deposit, UAE resident (20%)
AED 110,510
Deposit, non-resident (40%)
AED 221,021
Monthly over 25 years at 3.7%
AED 2,261

Plus AED 28,217 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →