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Studio · 312 sqftAzizi Riviera 1, Meydan One · 10th floor · completed 2024

1016, Azizi Riviera 1

Sold prices and rental history: sold once, by the developer in March 2023, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 540K2 March 2023
Current rentAED 60K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1016, Azizi Riviera 1

What is 1016 worth today?

Last sold for AED 540,360 in 2023

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15 Feb 2026RentedNew contract
AED 60,000/yr12 months · AED 194 per sqft
5 Feb 2026RentedRenewal
AED 48,000/yr12 months · AED 154 per sqft
5 Feb 2025RentedNew contract
AED 55,000/yr12 months · AED 176 per sqft
5 Feb 2025RentedNew contract
AED 55,000/yr12 months · AED 176 per sqft
2 Mar 2023Sold by developerOff-plan
AED 540,360AED 1,730 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
Studio apartment
Size
312 sqft
Floor
10th of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 540K · March 2023
Building
Azizi Riviera 1

About 1016, Azizi Riviera 1

1016 is a studio of 312 sqft on the 10th floor of Azizi Riviera 1, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. The developer sold it on 2 March 2023 for AED 540,360, or AED 1,730 per sqft, 13% above the AED 1,531 studios in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 15 February 2026, is AED 60,000 a year: a gross yield of 11.1% on the 2023 price.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical studio in Azizi Riviera 1
400K500K600K2017202020232026Typical sale price by year: 2017 AED 444,424; 2018 AED 448,799; 2019 AED 435,836; 2021 AED 459,420; 2022 AED 455,000; 2023 AED 471,420; 2024 AED 489,600; 2025 AED 620,000; 2026 AED 650,000Sold by developer, March 2023: AED 540,360 (AED 1,730 per sqft)

1016 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1016, each contractTypical studio in Azizi Riviera 1
50K60K202520262027Typical rent by year: 2025 AED 49,000; 2026 AED 48,000New contract, February 2025: AED 55,000 a yearNew contract, February 2025: AED 55,000 a yearNew contract, February 2026: AED 60,000 a yearRenewal, February 2026: 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 1, and where 1016 sits

All 328 studios →

1016 last sold in March 2023 at AED 1,730 per sqft, 13% above what studios in Azizi Riviera 1 were fetching at the time (AED 1,531). Over the last 12 months studios sold for AED 485,850 to 852,260, around AED 2,097 per sqft, and rent for AED 30,000 to 84,000 a year. 1016's AED 60,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Oct 2026852,260
28 Sep 2026838,680
22 Sep 2026586,900
16 Sep 2026492,170
17 studio sales in the last 12 months

Azizi Riviera 1

Building

378 apartments, studios to 1-bed over 10 floors in Meydan One, completed in 2024 by Azizi Developments. 20 sold in the last 12 months.

Typical price per sqft
AED 2,093 Up 4.8%
Typical sale
AED 660K
Typical rent
AED 49K /yr
Typical yield
7.3%
Azizi Riviera 1, Meydan One: prices, sales and rents →

Other units on the 10th floor

All 378 units in Azizi Riviera 1
Value
1001StudioAED 500K · Apr 2024
1002StudioAED 687K · May 2023
10031-bedAED 603K · Dec 2017
1004StudioAED 530K · May 2024
10051-bedAED 602K · Mar 2018
1006StudioAED 440K · May 2023
1007StudioAED 477K · Mar 2018
1–7 of 37

1016, Azizi Riviera 1 in numbers

  • Sold once: by Azizi Developments on 2 March 2023 for AED 540,360, or AED 1,730 per sqft.
  • Rented since February 2025 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 48,000 in 2026 and recovered to AED 60,000 by February 2026.
  • At AED 60,000 a year the gross yield on the 2023 price is 11.1%.
  • Studios in Azizi Riviera 1 sold for AED 485,850–852,260 in the 12 months to November 2026; the building's median across all types is AED 2,093 per sqft.

Source: Dubai Land Department. Updated 15 February 2026.

Questions about 1016, Azizi Riviera 1

What did unit 1016 last sell for?

AED 540,360 on 2 March 2023, sold by the developer: AED 1,730 per sqft for 312 sqft. It is the only registered sale of the unit.

What is the rent for unit 1016?

AED 60,000 a year on the contract signed on 15 February 2026. The previous contract, from February 2026, was AED 48,000; the unit has been rented since February 2025.

How big is unit 1016?

312 sqft (29.0 sqm): a studio on the 10th floor of a 10-storey tower completed in 2024.

What is unit 1016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 1 sold for AED 485,850 to 852,260 in the last 12 months, around AED 2,097 per sqft.

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Mortgage on 1016, Azizi Riviera 1

Starts from the last sale price (AED 540K, 2 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 540,360
Deposit, UAE resident (20%)
AED 108,072
Deposit, non-resident (40%)
AED 216,144
Monthly over 25 years at 3.7%
AED 2,211

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