Studio · 369 sqftAzizi Riviera 12, Meydan One · completed 2022

508, Azizi Riviera 12

Sold prices and rental history: sold twice, last in March 2023, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 540K30 March 2023
Current rentAED 39K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Azizi Riviera 12

What is 508 worth today?

Last sold for AED 540,000 in 2023

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1 Jul 2024RentedRenewal
AED 39,000/yr12 months · AED 107 per sqft
30 Mar 2023SoldReady
AED 540,000AED 1,462 per sqft
21 Jan 2019Sold by developerOff-plan
AED 566,803AED 1,535 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
Studio apartment
Size
369 sqft
Parking
B2-15
Developer
Azizi Developments
Completed
2022
Last sold
AED 540K · March 2023

About 508, Azizi Riviera 12

508 is a studio of 369 sqft of Azizi Riviera 12, a 11-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 30 March 2023 for AED 540,000, or AED 1,462 per sqft, in line with the AED 1,491 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2024. The current contract, renewed on 1 July 2024, is AED 39,000 a year: a gross yield of 7.2% on the 2023 price.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical studio in Azizi Riviera 12
500K600K700K2018202120242027Typical sale price by year: 2018 AED 509,563; 2019 AED 512,562; 2020 AED 504,340; 2021 AED 523,210; 2022 AED 507,565; 2023 AED 710,020; 2024 AED 550,000; 2025 AED 632,500; 2026 AED 660,000Sold by developer, January 2019: AED 566,803 (AED 1,535 per sqft)Sold, March 2023: AED 540,000 (AED 1,462 per sqft)

508 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 508, each contractTypical studio in Azizi Riviera 12
40K45K50K20232024202520262027Typical rent by year: 2023 AED 40,000; 2024 AED 44,000; 2025 AED 50,000; 2026 AED 47,500Renewal, July 2024: AED 39,000 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 12, and where 508 sits

All 68 studios →

508 last sold in March 2023 at AED 1,462 per sqft, in line with what studios in Azizi Riviera 12 were fetching at the time (AED 1,491). Over the last 12 months studios sold for AED 580,000 to 666,000, around AED 1,787 per sqft, and rent for AED 41,000 to 62,000 a year. 508's AED 39,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
31 Aug 2026580,000
23 Apr 2026660,000
24 Mar 2026666,000
3 Oct 2025660,000
3 studio sales in the last 12 months

Azizi Riviera 12

Building

13 apartments, studios to 3-bed over 11 floors in Meydan One, completed in 2022 by Azizi Developments. 8 sold in the last 12 months.

Typical price per sqft
AED 1,862
Typical sale
AED 925K
Typical rent
AED 57K /yr
Typical yield
7.2%
Azizi Riviera 12, Meydan One: prices, sales and rents →

508, Azizi Riviera 12 in numbers

  • Sold twice: first on 21 January 2019 for AED 566,803, last on 30 March 2023 for AED 540,000 (AED 1,462 per sqft).
  • Rented since July 2024 on one Ejari contract, at AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2023 price is 7.2%.
  • Studios in Azizi Riviera 12 sold for AED 580,000–666,000 in the 12 months to November 2026; the building's median across all types is AED 1,862 per sqft.

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 508, Azizi Riviera 12

What did unit 508 last sell for?

AED 540,000 on 30 March 2023: AED 1,462 per sqft for 369 sqft. The unit has 2 registered sales; the first was AED 566,803 in January 2019.

What is the rent for unit 508?

AED 39,000 a year on the contract renewed on 1 July 2024.

How big is unit 508?

369 sqft (34.3 sqm): a studio of a 11-storey tower completed in 2022.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 12 sold for AED 580,000 to 666,000 in the last 12 months, around AED 1,787 per sqft.

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Mortgage on 508, Azizi Riviera 12

Starts from the last sale price (AED 540K, 30 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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