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Studio · 301 sqftAzizi Riviera 1, Meydan One · 5th floor · completed 2024

506, Azizi Riviera 1

Sold prices and rental history: sold once, by the developer in June 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 471K20 June 2024
Current rentAED 50K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Azizi Riviera 1

What is 506 worth today?

Last sold for AED 471,280 in 2024

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10 Feb 2026RentedNew contract
AED 50,000/yr12 months · AED 168 per sqft
10 Feb 2025RentedNew contract
AED 43,000/yr12 months · AED 143 per sqft
20 Jun 2024Sold by developerOff-plan
AED 471,280AED 1,565 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
Studio apartment
Size
301 sqft
Floor
5th of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 471K · June 2024
Building
Azizi Riviera 1

About 506, Azizi Riviera 1

506 is a studio of 301 sqft on the 5th floor of Azizi Riviera 1, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. The developer sold it on 20 June 2024 for AED 471,280, or AED 1,565 per sqft, 3% above the AED 1,517 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 10 February 2026, is AED 50,000 a year: a gross yield of 10.6% on the 2024 price.

Sales and rents for 506 over time

Sales
Unit 506, 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, June 2024: AED 471,280 (AED 1,565 per sqft)

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

Rents
Unit 506, each contractTypical studio in Azizi Riviera 1
45K50K202520262027Typical rent by year: 2025 AED 49,000; 2026 AED 48,000New contract, February 2025: AED 43,000 a yearNew contract, February 2026: 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 506 sits

All 328 studios →

506 last sold in June 2024 at AED 1,565 per sqft, 3% above what studios in Azizi Riviera 1 were fetching at the time (AED 1,517). 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. 506'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 5th floor

All 378 units in Azizi Riviera 1
Value
501StudioAED 440K · May 2018
502StudioAED 436K · Nov 2017
5031-bedAED 575K · Dec 2017
504StudioAED 431K · Mar 2018
5051-bedAED 557K · Feb 2023
507StudioAED 459K · Feb 2018
508StudioAED 677K · Oct 2025
1–7 of 37

506, Azizi Riviera 1 in numbers

  • Sold once: by Azizi Developments on 20 June 2024 for AED 471,280, or AED 1,565 per sqft.
  • Rented since February 2025 on 2 Ejari contracts, from AED 43,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 10.6%.
  • 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 10 February 2026.

Questions about 506, Azizi Riviera 1

What did unit 506 last sell for?

AED 471,280 on 20 June 2024, sold by the developer: AED 1,565 per sqft for 301 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 50,000 a year on the contract signed on 10 February 2026. The previous contract, from February 2025, was AED 43,000.

How big is unit 506?

301 sqft (28.0 sqm): a studio on the 5th floor of a 10-storey tower completed in 2024.

What is unit 506 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 506, Azizi Riviera 1

Starts from the last sale price (AED 471K, 20 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 471,280
Deposit, UAE resident (20%)
AED 94,256
Deposit, non-resident (40%)
AED 188,512
Monthly over 25 years at 3.7%
AED 1,928

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