1-bed · 829 sqftAzizi Riviera 5, Meydan One · completed 2023

502, Azizi Riviera 5

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

Unit 502 · DLD and Ejari recordsUpdated 3 May 2024
Last soldAED 1.08M3 May 2024
Current rentAED 80K /yr4 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Azizi Riviera 5

What is 502 worth today?

Last sold for AED 1,080,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 May 2024SoldReady
AED 1,080,000AED 1,302 per sqft
4 Mar 2024RentedNew contract
AED 80,000/yr12 months · AED 96 per sqft
4 Mar 2024RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
6 Jun 2023Sold by developerOff-plan
AED 817,200AED 979 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 May 2024.

Key facts

Type
1-bed apartment
Size
829 sqft
Parking
B1-62
Developer
Azizi Developments
Completed
2023
Last sold
AED 1.08M · May 2024

About 502, Azizi Riviera 5

502 is a one-bedroom apartment of 829 sqft of Azizi Riviera 5, a 9-storey tower in Meydan One completed in 2023 by Azizi Developments. It last sold on 3 May 2024 for AED 1,080,000, or AED 1,302 per sqft, in line with the AED 1,328 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 4 March 2024, is AED 80,000 a year: a gross yield of 7.4% on the 2024 price.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Azizi Riviera 5
800K1M1.2M2017202020232026Typical sale price by year: 2017 AED 947,643; 2018 AED 955,063; 2019 AED 803,880; 2020 AED 847,320; 2021 AED 928,620; 2022 AED 1,000,000; 2023 AED 1,031,865; 2024 AED 1,200,000; 2025 AED 1,142,160Sold by developer, June 2023: AED 817,200 (AED 979 per sqft)Sold, May 2024: AED 1,080,000 (AED 1,302 per sqft)

502 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in Azizi Riviera 5
70K80K90K20232024202520262027Typical rent by year: 2023 AED 72,500; 2024 AED 75,000; 2025 AED 85,000; 2026 AED 89,000New contract, March 2024: AED 80,000 a yearNew contract, March 2024: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Azizi Riviera 5, and where 502 sits

All 70 1-beds →

502 last sold in May 2024 at AED 1,302 per sqft, in line with what one-beds in Azizi Riviera 5 were fetching at the time (AED 1,328). Over the last 12 months one-beds sold for AED 1,200,000 to 1,250,000, around AED 1,733 per sqft, and rent for AED 80,000 to 100,000 a year. 502's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Dec 20251,200,000
10 Dec 20251,250,000
9 May 20251,037,438
4 Mar 20251,084,319
2 1-bed 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 →

502, Azizi Riviera 5 in numbers

  • Sold twice: first on 6 June 2023 for AED 817,200, last on 3 May 2024 for AED 1,080,000 (AED 1,302 per sqft).
  • Rented since March 2024 on 2 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 7.4%.
  • One-beds in Azizi Riviera 5 sold for AED 1,200,000–1,250,000 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 3 May 2024.

Questions about 502, Azizi Riviera 5

What did unit 502 last sell for?

AED 1,080,000 on 3 May 2024: AED 1,302 per sqft for 829 sqft. The unit has 2 registered sales; the first was AED 817,200 in June 2023.

What is the rent for unit 502?

AED 80,000 a year on the contract signed on 4 March 2024. The previous contract, from March 2024, was AED 80,000.

How big is unit 502?

829 sqft (77.0 sqm): a one-bedroom apartment of a 9-storey tower completed in 2023.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azizi Riviera 5 sold for AED 1,200,000 to 1,250,000 in the last 12 months, around AED 1,733 per sqft.

Selling 502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 502, Azizi Riviera 5

Starts from the last sale price (AED 1.08M, 3 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

Plus AED 50,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →