Studio · 298 sqftAzizi Riviera 16, Meydan One · completed 2022

407, Azizi Riviera 16

Sold prices and rental history: sold 3 times, last in January 2025, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 610K29 January 2025
Current rentAED 45K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Azizi Riviera 16

What is 407 worth today?

Last sold for AED 610,000 in 2025

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1 Aug 2026RentedNew contract
AED 45,000/yr12 months · AED 151 per sqft
2 Mar 2026RentedNew contract
AED 50,000/yr12 months · AED 168 per sqft
29 Jan 2025SoldReady
AED 610,000AED 2,049 per sqft
1 Apr 2024SoldReady
AED 422,073AED 1,418 per sqft
17 Oct 2023Sold by developerOff-plan
AED 480,600AED 1,623 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
298 sqft
Parking
B1-96
Developer
Azizi Developments
Completed
2022
Last sold
AED 610K · January 2025

About 407, Azizi Riviera 16

407 is a studio of 298 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 29 January 2025 for AED 610,000, or AED 2,049 per sqft, 16% above the AED 1,764 studios in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 1 August 2026, is AED 45,000 a year: a gross yield of 7.4% on the 2025 price.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in Azizi Riviera 16
400K500K600K2017202020232026Typical 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 480,600 (AED 1,623 per sqft)Sold, April 2024: AED 422,073 (AED 1,418 per sqft)Sold, January 2025: AED 610,000 (AED 2,049 per sqft)

407 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 407, each contractTypical studio in Azizi Riviera 16
45K50K2024202520262027Typical rent by year: 2024 AED 42,500; 2025 AED 47,000; 2026 AED 45,000New contract, March 2026: AED 50,000 a yearNew contract, August 2026: AED 45,000 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 407 sits

All 191 studios →

407 last sold in January 2025 at AED 2,049 per sqft, 16% above what studios in Azizi Riviera 16 were fetching at the time (AED 1,764). 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. 407's AED 45,000 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 →

407, Azizi Riviera 16 in numbers

  • Sold 3 times: first on 17 October 2023 for AED 480,600, last on 29 January 2025 for AED 610,000 (AED 2,049 per sqft).
  • Rented since March 2026 on 2 Ejari contracts, from AED 50,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2025 price is 7.4%.
  • 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 1 August 2026.

Questions about 407, Azizi Riviera 16

What did unit 407 last sell for?

AED 610,000 on 29 January 2025: AED 2,049 per sqft for 298 sqft. The unit has 3 registered sales; the first was AED 480,600 in October 2023.

What is the rent for unit 407?

AED 45,000 a year on the contract signed on 1 August 2026. The previous contract, from March 2026, was AED 50,000.

How big is unit 407?

298 sqft (27.7 sqm): a studio of a 8-storey tower completed in 2022.

What is unit 407 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 407, Azizi Riviera 16

Starts from the last sale price (AED 610K, 29 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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