Studio · 437 sqftAzizi Riviera 16, Meydan One · completed 2022

124, Azizi Riviera 16

Sold prices and rental history: sold twice, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 11 November 2024
Last soldAED 650K11 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 124, Azizi Riviera 16

What is 124 worth today?

Last sold for AED 650,000 in 2024

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11 Nov 2024SoldReady
AED 650,000AED 1,487 per sqft
17 May 2018Sold by developerOff-plan
AED 601,852AED 1,340 per sqft

Source: Dubai Land Department. Updated 11 November 2024.

Key facts

Type
Studio apartment
Size
437 sqft
Parking
B1-20
Developer
Azizi Developments
Completed
2022
Last sold
AED 650K · November 2024

About 124, Azizi Riviera 16

124 is a studio of 437 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 11 November 2024 for AED 650,000, or AED 1,487 per sqft, 13% below the AED 1,714 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 124 over time

Sales
Unit 124, each saleTypical studio in Azizi Riviera 16
500K600K2017202020232026Typical sale price by year: 2017 AED 478,296; 2018 AED 477,376; 2019 AED 470,483; 2020 AED 460,876; 2021 AED 499,053; 2022 AED 476,560; 2023 AED 480,600; 2024 AED 531,250; 2025 AED 610,000; 2026 AED 600,000Sold by developer, May 2018: AED 601,852 (AED 1,340 per sqft)Sold, November 2024: AED 650,000 (AED 1,487 per sqft)

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

Rents
Unit 124, each contractTypical studio in Azizi Riviera 16
43K45K48K2024202520262027Typical rent by year: 2024 AED 42,500; 2025 AED 47,000; 2026 AED 45,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Azizi Riviera 16, and where 124 sits

All 191 studios →

124 last sold in November 2024 at AED 1,487 per sqft, 13% below what studios in Azizi Riviera 16 were fetching at the time (AED 1,714). Over the last 12 months studios sold for AED 560,000 to 946,400, around AED 2,014 per sqft, and rent for AED 37,000 to 78,000 a year.

Recent studio salesUnit no.Price (AED)Summary
26 Oct 2026600,000
28 Sep 2026560,000
9 Sep 2026946,400
16 Jul 2026560,000
9 studio sales in the last 12 months

Azizi Riviera 16

Building

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

Typical price per sqft
AED 1,985 Down 2.1%
Typical sale
AED 650K
Typical rent
AED 48K /yr
Typical yield
7.3%
Azizi Riviera 16, Meydan One: prices, sales and rents →

124, Azizi Riviera 16 in numbers

  • Sold twice: first on 17 May 2018 for AED 601,852, last on 11 November 2024 for AED 650,000 (AED 1,487 per sqft).
  • Studios in Azizi Riviera 16 sold for AED 560,000–946,400 in the 12 months to November 2026; the building's median across all types is AED 1,985 per sqft.

Source: Dubai Land Department. Updated 11 November 2024.

Questions about 124, Azizi Riviera 16

What did unit 124 last sell for?

AED 650,000 on 11 November 2024: AED 1,487 per sqft for 437 sqft. The unit has 2 registered sales; the first was AED 601,852 in May 2018.

How big is unit 124?

437 sqft (40.6 sqm): a studio of a 8-storey tower completed in 2022.

What is unit 124 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 16 sold for AED 560,000 to 946,400 in the last 12 months, around AED 2,014 per sqft.

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Mortgage on 124, Azizi Riviera 16

Starts from the last sale price (AED 650K, 11 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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