Studio · 399 sqftAzizi Riviera 15, Meydan One · completed 2023

405, Azizi Riviera 15

Sold prices and rental history: sold once, by the developer in September 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 525K19 September 2023
Current rentAED 55K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Azizi Riviera 15

What is 405 worth today?

Last sold for AED 525,000 in 2023

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15 Feb 2026RentedRenewal
AED 55,000/yr12 months · AED 138 per sqft
15 Feb 2025RentedNew contract
AED 55,000/yr12 months · AED 138 per sqft
15 Feb 2025RentedNew contract
AED 55,000/yr12 months · AED 138 per sqft
8 Apr 2024RentedNew contract
AED 49,000/yr12 months · AED 123 per sqft
19 Sep 2023Sold by developerOff-plan
AED 525,000AED 1,314 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
Studio apartment
Size
399 sqft
Parking
B2-17
Developer
Azizi Developments
Completed
2023
Last sold
AED 525K · September 2023

About 405, Azizi Riviera 15

405 is a studio of 399 sqft of Azizi Riviera 15, a 7-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 19 September 2023 for AED 525,000, or AED 1,314 per sqft, 13% below the AED 1,503 studios in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 55,000 a year: a gross yield of 10.5% on the 2023 price.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical studio in Azizi Riviera 15
600K2017202020232026Typical sale price by year: 2017 AED 455,748; 2018 AED 511,177; 2019 AED 539,506; 2020 AED 444,138; 2021 AED 547,380; 2022 AED 528,234; 2023 AED 528,457; 2024 AED 577,500; 2025 AED 688,500; 2026 AED 625,000Sold by developer, September 2023: AED 525,000 (AED 1,314 per sqft)

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

Rents
Unit 405, each contractTypical studio in Azizi Riviera 15
50K55K2024202520262027Typical rent by year: 2024 AED 48,000; 2025 AED 50,000; 2026 AED 50,000New contract, April 2024: AED 49,000 a yearNew contract, February 2025: AED 55,000 a yearNew contract, February 2025: AED 55,000 a yearRenewal, February 2026: AED 55,000 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 15, and where 405 sits

All 167 studios →

405 last sold in September 2023 at AED 1,314 per sqft, 13% below what studios in Azizi Riviera 15 were fetching at the time (AED 1,503). Over the last 12 months studios sold for AED 580,000 to 750,000, around AED 1,876 per sqft, and rent for AED 37,000 to 75,376 a year. 405's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Oct 2026580,000
22 Oct 2026580,000
12 May 2026750,000
17 Apr 2026590,000
7 studio sales in the last 12 months

Azizi Riviera 15

Building

21 apartments, studios to 3-bed over 7 floors in Meydan One, completed in 2023 by Azizi Developments. 10 sold in the last 12 months.

Typical price per sqft
AED 1,815 Down 3.4%
Typical sale
AED 710K
Typical rent
AED 55K /yr
Typical yield
7.6%
Azizi Riviera 15, Meydan One: prices, sales and rents →

405, Azizi Riviera 15 in numbers

  • Sold once: by Azizi Developments on 19 September 2023 for AED 525,000, or AED 1,314 per sqft.
  • Rented since April 2024 on 4 Ejari contracts, from AED 49,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 10.5%.
  • Studios in Azizi Riviera 15 sold for AED 580,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,815 per sqft.

Source: Dubai Land Department. Updated 15 February 2026.

Questions about 405, Azizi Riviera 15

What did unit 405 last sell for?

AED 525,000 on 19 September 2023, sold by the developer: AED 1,314 per sqft for 399 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 55,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 55,000; the unit has been rented since April 2024.

How big is unit 405?

399 sqft (37.1 sqm): a studio of a 7-storey tower completed in 2023.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 15 sold for AED 580,000 to 750,000 in the last 12 months, around AED 1,876 per sqft.

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Mortgage on 405, Azizi Riviera 15

Starts from the last sale price (AED 525K, 19 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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