Studio · 315 sqftAzizi Riviera 1, Meydan One · 10th floor · completed 2024

1031, Azizi Riviera 1

Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1031 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 490K29 March 2022
Current rentAED 40K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1031, Azizi Riviera 1

What is 1031 worth today?

Last sold for AED 489,600 in 2022

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15 Jul 2026RentedNew contract
AED 40,000/yr12 months · AED 129 per sqft
9 Mar 2025RentedNew contract
AED 50,000/yr12 months · AED 162 per sqft
9 Mar 2025RentedNew contract
AED 50,000/yr12 months · AED 162 per sqft
29 Mar 2022Sold by developerOff-plan
AED 489,600AED 1,555 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
Studio apartment
Size
315 sqft
Floor
10th of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 490K · March 2022

About 1031, Azizi Riviera 1

1031 is a studio of 315 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 29 March 2022 for AED 489,600, or AED 1,555 per sqft, 10% above the AED 1,408 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 15 July 2026, is AED 40,000 a year: a gross yield of 8.2% on the 2022 price.

Sales and rents for 1031 over time

Sales
Unit 1031, 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 2022: AED 489,600 (AED 1,555 per sqft)

1031 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1031, each contractTypical studio in Azizi Riviera 1
40K45K50K202520262027Typical rent by year: 2025 AED 49,000; 2026 AED 48,000New contract, March 2025: AED 50,000 a yearNew contract, March 2025: AED 50,000 a yearNew contract, July 2026: AED 40,000 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 1031 sits

All 328 studios →

1031 last sold in March 2022 at AED 1,555 per sqft, 10% above what studios in Azizi Riviera 1 were fetching at the time (AED 1,408). 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. 1031's AED 40,000 is in the lower 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

1031, Azizi Riviera 1 in numbers

  • Sold once: by Azizi Developments on 29 March 2022 for AED 489,600, or AED 1,555 per sqft.
  • Rented since March 2025 on 3 Ejari contracts, from AED 50,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 8.2%.
  • 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 July 2026.

Questions about 1031, Azizi Riviera 1

What did unit 1031 last sell for?

AED 489,600 on 29 March 2022, sold by the developer: AED 1,555 per sqft for 315 sqft. It is the only registered sale of the unit.

What is the rent for unit 1031?

AED 40,000 a year on the contract signed on 15 July 2026. The previous contract, from March 2025, was AED 50,000; the unit has been rented since March 2025.

How big is unit 1031?

315 sqft (29.3 sqm): a studio on the 10th floor of a 10-storey tower completed in 2024.

What is unit 1031 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 1031, Azizi Riviera 1

Starts from the last sale price (AED 490K, 29 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 489,600
Deposit, UAE resident (20%)
AED 97,920
Deposit, non-resident (40%)
AED 195,840
Monthly over 25 years at 3.7%
AED 2,003

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