Studio · 318 sqftAzizi Riviera 1, Meydan One · 5th floor · completed 2024

523, Azizi Riviera 1

Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 523 · DLD and Ejari recordsUpdated 9 July 2026
Last soldAED 454K28 February 2018
Current rentAED 60K /yr9 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Azizi Riviera 1

What is 523 worth today?

Last sold for AED 454,168 in 2018

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9 Jul 2026RentedNew contract
AED 60,000/yr12 months · AED 191 per sqft
1 Apr 2026RentedRenewal
AED 50,004/yr3 months · AED 159 per sqft
28 Feb 2018Sold by developerOff-plan
AED 454,168AED 1,427 per sqft

Source: Dubai Land Department. Updated 9 July 2026.

Key facts

Type
Studio apartment
Size
318 sqft
Floor
5th of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 454K · February 2018

About 523, Azizi Riviera 1

523 is a studio of 318 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 28 February 2018 for AED 454,168, or AED 1,427 per sqft, in line with the AED 1,455 studios in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 9 July 2026, is AED 60,000 a year: a gross yield of 13.2% on the 2018 price.

Sales and rents for 523 over time

Sales
Unit 523, 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, February 2018: AED 454,168 (AED 1,427 per sqft)

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

Rents
Unit 523, each contractTypical studio in Azizi Riviera 1
50K60K202520262027Typical rent by year: 2025 AED 49,000; 2026 AED 48,000Renewal, April 2026: AED 50,004 a yearNew contract, July 2026: AED 60,000 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 523 sits

All 328 studios →

523 last sold in February 2018 at AED 1,427 per sqft, in line with what studios in Azizi Riviera 1 were fetching at the time (AED 1,455). 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. 523'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 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
506StudioAED 471K · Jun 2024
507StudioAED 459K · Feb 2018
1–7 of 37

523, Azizi Riviera 1 in numbers

  • Sold once: by Azizi Developments on 28 February 2018 for AED 454,168, or AED 1,427 per sqft.
  • Rented since April 2026 on 2 Ejari contracts, from AED 50,004 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 13.2%.
  • 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 9 July 2026.

Questions about 523, Azizi Riviera 1

What did unit 523 last sell for?

AED 454,168 on 28 February 2018, sold by the developer: AED 1,427 per sqft for 318 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 60,000 a year on the contract signed on 9 July 2026. The previous contract, from April 2026, was AED 50,004.

How big is unit 523?

318 sqft (29.5 sqm): a studio on the 5th floor of a 10-storey tower completed in 2024.

What is unit 523 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 523, Azizi Riviera 1

Starts from the last sale price (AED 454K, 28 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 454,168
Deposit, UAE resident (20%)
AED 90,834
Deposit, non-resident (40%)
AED 181,667
Monthly over 25 years at 3.7%
AED 1,858

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