Studio · 295 sqftAzizi Riviera 16, Meydan One · completed 2022

402, Azizi Riviera 16

Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 475K18 October 2023
Current rentAED 43K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Azizi Riviera 16

What is 402 worth today?

Last sold for AED 475,338 in 2023

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20 Nov 2025RentedRenewal
AED 43,000/yr12 months · AED 145 per sqft
18 Oct 2023Sold by developerOff-plan
AED 475,338AED 1,609 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
Studio apartment
Size
295 sqft
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 475K · October 2023

About 402, Azizi Riviera 16

402 is a studio of 295 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 18 October 2023 for AED 475,338, or AED 1,609 per sqft, in line with the AED 1,595 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2025. The current contract, renewed on 20 November 2025, is AED 43,000 a year: a gross yield of 9.0% on the 2023 price.

Sales and rents for 402 over time

Sales
Unit 402, 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, October 2023: AED 475,338 (AED 1,609 per sqft)

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

Rents
Unit 402, each contractTypical studio in Azizi Riviera 16
43K45K48K2024202520262027Typical rent by year: 2024 AED 42,500; 2025 AED 47,000; 2026 AED 45,000Renewal, November 2025: AED 43,000 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 16, and where 402 sits

All 191 studios →

402 last sold in October 2023 at AED 1,609 per sqft, in line with what studios in Azizi Riviera 16 were fetching at the time (AED 1,595). 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. 402's AED 43,000 is in the lower half of that range.

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 →

402, Azizi Riviera 16 in numbers

  • Sold once: by Azizi Developments on 18 October 2023 for AED 475,338, or AED 1,609 per sqft.
  • Rented since November 2025 on one Ejari contract, at AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2023 price is 9.0%.
  • 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 20 November 2025.

Questions about 402, Azizi Riviera 16

What did unit 402 last sell for?

AED 475,338 on 18 October 2023, sold by the developer: AED 1,609 per sqft for 295 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 43,000 a year on the contract renewed on 20 November 2025.

How big is unit 402?

295 sqft (27.4 sqm): a studio of a 8-storey tower completed in 2022.

What is unit 402 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 402, Azizi Riviera 16

Starts from the last sale price (AED 475K, 18 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 475,338
Deposit, UAE resident (20%)
AED 95,068
Deposit, non-resident (40%)
AED 190,135
Monthly over 25 years at 3.7%
AED 1,945

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