Studio · 400 sqftAzizi Riviera 15, Meydan One · completed 2023

505, Azizi Riviera 15

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

Unit 505 · DLD and Ejari recordsUpdated 25 January 2025
Last soldAED 720K16 December 2024
Current rentAED 63K /yr25 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Azizi Riviera 15

What is 505 worth today?

Last sold for AED 720,000 in 2024

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25 Jan 2025RentedNew contract
AED 63,000/yr12 months · AED 158 per sqft
25 Jan 2025RentedNew contract
AED 63,000/yr12 months · AED 158 per sqft
16 Dec 2024Sold by developerReady
AED 720,000AED 1,801 per sqft

Source: Dubai Land Department. Updated 25 January 2025.

Key facts

Type
Studio apartment
Size
400 sqft
Parking
B1-96
Developer
Azizi Developments
Completed
2023
Last sold
AED 720K · December 2024

About 505, Azizi Riviera 15

505 is a studio of 400 sqft of Azizi Riviera 15, a 7-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 16 December 2024 for AED 720,000, or AED 1,801 per sqft, 21% above the AED 1,494 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 25 January 2025, is AED 63,000 a year: a gross yield of 8.8% on the 2024 price.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical studio in Azizi Riviera 15
400K600K2017202020232026Typical 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, December 2024: AED 720,000 (AED 1,801 per sqft)

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

Rents
Unit 505, each contractTypical studio in Azizi Riviera 15
50K60K2024202520262027Typical rent by year: 2024 AED 48,000; 2025 AED 50,000; 2026 AED 50,000New contract, January 2025: AED 63,000 a yearNew contract, January 2025: AED 63,000 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 505 sits

All 167 studios →

505 last sold in December 2024 at AED 1,801 per sqft, 21% above what studios in Azizi Riviera 15 were fetching at the time (AED 1,494). 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. 505's AED 63,000 is in the upper 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 →

505, Azizi Riviera 15 in numbers

  • Sold once: by Azizi Developments on 16 December 2024 for AED 720,000, or AED 1,801 per sqft.
  • Rented since January 2025 on 2 Ejari contracts, at AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2024 price is 8.8%.
  • 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 25 January 2025.

Questions about 505, Azizi Riviera 15

What did unit 505 last sell for?

AED 720,000 on 16 December 2024, sold by the developer: AED 1,801 per sqft for 400 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 63,000 a year on the contract signed on 25 January 2025. The previous contract, from January 2025, was AED 63,000.

How big is unit 505?

400 sqft (37.2 sqm): a studio of a 7-storey tower completed in 2023.

What is unit 505 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 505, Azizi Riviera 15

Starts from the last sale price (AED 720K, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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