1-bed · 782 sqftAzizi Riviera 6, Meydan One · completed 2022

516, Azizi Riviera 6

Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 938K23 February 2023
Current rentAED 72K /yr12 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Azizi Riviera 6

What is 516 worth today?

Last sold for AED 937,650 in 2023

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12 Sep 2024RentedRenewal
AED 72,000/yr12 months · AED 93 per sqft
23 Feb 2023Sold by developerOff-plan
AED 937,650AED 1,199 per sqft

Source: Dubai Land Department. Updated 12 September 2024.

Key facts

Type
1-bed apartment
Size
782 sqft
Parking
G-14
Developer
Azizi Developments
Completed
2022
Last sold
AED 938K · February 2023

About 516, Azizi Riviera 6

516 is a one-bedroom apartment of 782 sqft of Azizi Riviera 6, a 9-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 23 February 2023 for AED 937,650, or AED 1,199 per sqft, 13% below the AED 1,375 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 September 2024. The current contract, renewed on 12 September 2024, is AED 72,000 a year: a gross yield of 7.7% on the 2023 price.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical one-bed in Azizi Riviera 6
1M1.2M20182020202220242026Typical sale price by year: 2018 AED 973,692; 2022 AED 924,800; 2023 AED 1,000,000; 2025 AED 1,300,000Sold by developer, February 2023: AED 937,650 (AED 1,199 per sqft)

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

Rents
Unit 516, each contractTypical one-bed in Azizi Riviera 6
75K80K2023202420252026Typical rent by year: 2023 AED 75,000; 2024 AED 80,000; 2025 AED 80,000Renewal, September 2024: AED 72,000 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 6, and where 516 sits

All 42 1-beds →

516 last sold in February 2023 at AED 1,199 per sqft, 13% below what one-beds in Azizi Riviera 6 were fetching at the time (AED 1,375). 516's AED 72,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Apr 20251,170,000
13 Mar 20251,300,000
13 Feb 20251,350,000
17 Apr 20241,100,000
0 1-bed sales in the last 12 months

Azizi Riviera 6

Building

13 apartments, studios to 2-bed over 9 floors in Meydan One, completed in 2022 by Azizi Developments. 2 sold in the last 12 months.

Typical price per sqft
AED 1,736
Typical sale
AED 739K
Typical rent
AED 60K /yr
Typical yield
7.9%
Azizi Riviera 6, Meydan One: prices, sales and rents →

516, Azizi Riviera 6 in numbers

  • Sold once: by Azizi Developments on 23 February 2023 for AED 937,650, or AED 1,199 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2023 price is 7.7%.

Source: Dubai Land Department. Updated 12 September 2024.

Questions about 516, Azizi Riviera 6

What did unit 516 last sell for?

AED 937,650 on 23 February 2023, sold by the developer: AED 1,199 per sqft for 782 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 72,000 a year on the contract renewed on 12 September 2024.

How big is unit 516?

782 sqft (72.7 sqm): a one-bedroom apartment of a 9-storey tower completed in 2022.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 516, Azizi Riviera 6

Starts from the last sale price (AED 938K, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 937,650
Deposit, UAE resident (20%)
AED 187,530
Deposit, non-resident (40%)
AED 375,060
Monthly over 25 years at 3.7%
AED 3,836

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →