Studio · 322 sqftAzizi Riviera 15, Meydan One · completed 2023

409, Azizi Riviera 15

Sold prices and rental history: sold once, by the developer in May 2023, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 2 February 2026
Last soldAED 489K16 May 2023
Current rentAED 51K /yr2 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Azizi Riviera 15

What is 409 worth today?

Last sold for AED 489,282 in 2023

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2 Feb 2026RentedNew contract
AED 50,820/yr12 months · AED 158 per sqft
16 May 2023Sold by developerOff-plan
AED 489,282AED 1,521 per sqft

Source: Dubai Land Department. Updated 2 February 2026.

Key facts

Type
Studio apartment
Size
322 sqft
Parking
B2-64
Developer
Azizi Developments
Completed
2023
Last sold
AED 489K · May 2023

About 409, Azizi Riviera 15

409 is a studio of 322 sqft of Azizi Riviera 15, a 7-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 16 May 2023 for AED 489,282, or AED 1,521 per sqft, in line with the AED 1,492 studios in the building were fetching at the time.

One Ejari contract is registered, from 2 February 2026. The current contract, signed on 2 February 2026, is AED 50,820 a year: a gross yield of 10.4% on the 2023 price.

Sales and rents for 409 over time

Sales
Unit 409, 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, May 2023: AED 489,282 (AED 1,521 per sqft)

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

Rents
Unit 409, each contractTypical studio in Azizi Riviera 15
48K50K2024202520262027Typical rent by year: 2024 AED 48,000; 2025 AED 50,000; 2026 AED 50,000New contract, February 2026: AED 50,820 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 409 sits

All 167 studios →

409 last sold in May 2023 at AED 1,521 per sqft, in line with what studios in Azizi Riviera 15 were fetching at the time (AED 1,492). 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. 409's AED 50,820 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 →

409, Azizi Riviera 15 in numbers

  • Sold once: by Azizi Developments on 16 May 2023 for AED 489,282, or AED 1,521 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 50,820 a year.
  • At AED 50,820 a year the gross yield on the 2023 price is 10.4%.
  • 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 2 February 2026.

Questions about 409, Azizi Riviera 15

What did unit 409 last sell for?

AED 489,282 on 16 May 2023, sold by the developer: AED 1,521 per sqft for 322 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 50,820 a year on the contract signed on 2 February 2026.

How big is unit 409?

322 sqft (29.9 sqm): a studio of a 7-storey tower completed in 2023.

What is unit 409 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 409, Azizi Riviera 15

Starts from the last sale price (AED 489K, 16 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 489,282
Deposit, UAE resident (20%)
AED 97,856
Deposit, non-resident (40%)
AED 195,713
Monthly over 25 years at 3.7%
AED 2,002

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