Studio · 403 sqftAzizi Riviera 5, Meydan One · completed 2023

423, Azizi Riviera 5

Sold prices and rental history: sold once, by the developer in January 2018, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 5 July 2025
Last soldAED 579K18 January 2018
Current rentAED 55K /yr5 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Azizi Riviera 5

What is 423 worth today?

Last sold for AED 579,000 in 2018

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5 Jul 2025RentedNew contract
AED 55,000/yr12 months · AED 134 per sqft
18 Jan 2018Sold by developerOff-plan
AED 579,000AED 1,437 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 July 2025.

Key facts

Type
Studio apartment
Size
403 sqft
Parking
1
Developer
Azizi Developments
Completed
2023
Last sold
AED 579K · January 2018

About 423, Azizi Riviera 5

423 is a studio of 403 sqft of Azizi Riviera 5, a 9-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 18 January 2018 for AED 579,000, or AED 1,437 per sqft, in line with the AED 1,468 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 July 2025. The current contract, signed on 5 July 2025, is AED 55,000 a year: a gross yield of 9.5% on the 2018 price.

Sales and rents for 423 over time

Sales
Unit 423, each saleTypical studio in Azizi Riviera 5
500K600K700K2017202020232026Typical sale price by year: 2017 AED 560,377; 2018 AED 566,344; 2019 AED 522,654; 2021 AED 562,695; 2022 AED 527,846; 2023 AED 587,377; 2024 AED 725,000; 2025 AED 720,000Sold by developer, January 2018: AED 579,000 (AED 1,437 per sqft)

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

Rents
Unit 423, each contractTypical studio in Azizi Riviera 5
50K60K2024202520262027Typical rent by year: 2024 AED 47,500; 2025 AED 52,500; 2026 AED 61,000New contract, July 2025: AED 55,000 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 5, and where 423 sits

All 115 studios →

423 last sold in January 2018 at AED 1,437 per sqft, in line with what studios in Azizi Riviera 5 were fetching at the time (AED 1,468). Over the last 12 months studios sold for AED 695,000 to 1,139,500, around AED 2,136 per sqft, and rent for AED 46,722 to 72,000 a year. 423's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Jan 2026735,000
12 Jan 2026695,000
30 Dec 20251,139,500
18 Mar 2025700,000
6 studio sales in the last 12 months

Azizi Riviera 5

Building

4 apartments, studios to 1-bed over 9 floors in Meydan One, completed in 2023 by Azizi Developments. 8 sold in the last 12 months.

Typical price per sqft
AED 1,959
Typical sale
AED 858K
Typical rent
AED 72K /yr
Typical yield
6.6%
Azizi Riviera 5, Meydan One: prices, sales and rents →

423, Azizi Riviera 5 in numbers

  • Sold once: by Azizi Developments on 18 January 2018 for AED 579,000, or AED 1,437 per sqft.
  • Rented since July 2025 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2018 price is 9.5%.
  • Studios in Azizi Riviera 5 sold for AED 695,000–1,139,500 in the 12 months to November 2026; the building's median across all types is AED 1,959 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 July 2025.

Questions about 423, Azizi Riviera 5

What did unit 423 last sell for?

AED 579,000 on 18 January 2018, sold by the developer: AED 1,437 per sqft for 403 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 55,000 a year on the contract signed on 5 July 2025.

How big is unit 423?

403 sqft (37.4 sqm): a studio of a 9-storey tower completed in 2023.

What is unit 423 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 5 sold for AED 695,000 to 1,139,500 in the last 12 months, around AED 2,136 per sqft.

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Mortgage on 423, Azizi Riviera 5

Starts from the last sale price (AED 579K, 18 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 579,000
Deposit, UAE resident (20%)
AED 115,800
Deposit, non-resident (40%)
AED 231,600
Monthly over 25 years at 3.7%
AED 2,369

Plus AED 29,328 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →