Studio · 307 sqftAzizi Riviera 1, Meydan One · 2nd floor · completed 2024

229, Azizi Riviera 1

Sold prices and rental history: sold once, by the developer in November 2017, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 229 · DLD and Ejari recordsUpdated 28 October 2025
Last soldAED 427K19 November 2017
Current rentAED 50K /yr28 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 229, Azizi Riviera 1

What is 229 worth today?

Last sold for AED 426,551 in 2017

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28 Oct 2025RentedNew contract
AED 50,000/yr12 months · AED 155 per sqft
19 Nov 2017Sold by developerOff-plan
AED 426,551AED 1,388 per sqft

Source: Dubai Land Department. Updated 28 October 2025.

Key facts

Type
Studio apartment
Size
307 sqft
Floor
2nd of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 427K · November 2017

About 229, Azizi Riviera 1

229 is a studio of 307 sqft on the 2nd floor of Azizi Riviera 1, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. The developer sold it on 19 November 2017 for AED 426,551, or AED 1,388 per sqft, 5% below the AED 1,458 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 October 2025. The current contract, signed on 28 October 2025, is AED 50,000 a year: a gross yield of 11.7% on the 2017 price.

Sales and rents for 229 over time

Sales
Unit 229, each saleTypical studio in Azizi Riviera 1
400K600K2017202020232026Typical 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, November 2017: AED 426,551 (AED 1,388 per sqft)

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

Rents
Unit 229, each contractTypical studio in Azizi Riviera 1
48K49K50K202520262027Typical rent by year: 2025 AED 49,000; 2026 AED 48,000New contract, October 2025: AED 50,000 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 229 sits

All 328 studios →

229 last sold in November 2017 at AED 1,388 per sqft, 5% below what studios in Azizi Riviera 1 were fetching at the time (AED 1,458). 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. 229's AED 50,000 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 2nd floor

All 378 units in Azizi Riviera 1
Value
201StudioAED 435K · May 2018
202StudioAED 630K · Apr 2025
2031-bedAED 590K · Nov 2017
204StudioAED 418K · Apr 2018
2051-bedAED 581K · Feb 2018
206StudioAED 500K · May 2018
207StudioAED 468K · Mar 2018
1–7 of 37

229, Azizi Riviera 1 in numbers

  • Sold once: by Azizi Developments on 19 November 2017 for AED 426,551, or AED 1,388 per sqft.
  • Rented since October 2025 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2017 price is 11.7%.
  • 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 28 October 2025.

Questions about 229, Azizi Riviera 1

What did unit 229 last sell for?

AED 426,551 on 19 November 2017, sold by the developer: AED 1,388 per sqft for 307 sqft. It is the only registered sale of the unit.

What is the rent for unit 229?

AED 50,000 a year on the contract signed on 28 October 2025.

How big is unit 229?

307 sqft (28.5 sqm): a studio on the 2nd floor of a 10-storey tower completed in 2024.

What is unit 229 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 229, Azizi Riviera 1

Starts from the last sale price (AED 427K, 19 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 426,551
Deposit, UAE resident (20%)
AED 85,310
Deposit, non-resident (40%)
AED 170,620
Monthly over 25 years at 3.7%
AED 1,745

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