306, Azizi Riviera 16
Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Azizi Riviera 16
What is 306 worth today?
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Source: Dubai Land Department. Updated 30 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 296 sqft
- Parking
- 1
- Developer
- Azizi Developments
- Completed
- 2022
- Last sold
- AED 464K · October 2023
- Building
- Azizi Riviera 16
About 306, Azizi Riviera 16
306 is a studio of 296 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 17 October 2023 for AED 464,239, or AED 1,570 per sqft, in line with the AED 1,584 studios in the building were fetching at the time.
One Ejari contract is registered, from 30 May 2024. The current contract, signed on 30 May 2024, is AED 40,000 a year: a gross yield of 8.6% on the 2023 price.
Sales and rents for 306 over time
306 has sold once; the dashed line is the studio median of each year in the building.
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 306 sits
All 191 studios →306 last sold in October 2023 at AED 1,570 per sqft, in line with what studios in Azizi Riviera 16 were fetching at the time (AED 1,584). 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. 306's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 298 sqft | 600,000 | 2,014 | ||
| 28 Sep 202628 September 2026 | 294 sqft | 560,000 | 1,906 | ||
| 9 Sep 20269 September 2026 | 595 sqft | 946,400 | 1,590 | ||
| 16 Jul 202616 July 2026 | 297 sqft | 560,000 | 1,884 |
Azizi Riviera 16
Building28 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%
306, Azizi Riviera 16 in numbers
- Sold once: by Azizi Developments on 17 October 2023 for AED 464,239, or AED 1,570 per sqft.
- Rented since May 2024 on one Ejari contract, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2023 price is 8.6%.
- 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 30 May 2024.
Questions about 306, Azizi Riviera 16
What did unit 306 last sell for?
AED 464,239 on 17 October 2023, sold by the developer: AED 1,570 per sqft for 296 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 40,000 a year on the contract signed on 30 May 2024.
How big is unit 306?
296 sqft (27.5 sqm): a studio of a 8-storey tower completed in 2022.
What is unit 306 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 306, Azizi Riviera 16
Starts from the last sale price (AED 464K, 17 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 464,239
- Deposit, UAE resident (20%)
- AED 92,848
- Deposit, non-resident (40%)
- AED 185,696
- Monthly over 25 years at 3.7%
- AED 1,899
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →