1-bed · 525 sqftAzizi Riviera 16, Meydan One · 4th floor · completed 2022

408, Azizi Riviera 16

Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 1.1M22 May 2025
Current rentAED 62K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Azizi Riviera 16

What is 408 worth today?

Last sold for AED 1,100,000 in 2025

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20 Aug 2026RentedNew contract
AED 62,000/yr12 months · AED 118 per sqft
5 Aug 2025RentedNew contract
AED 68,000/yr12 months · AED 129 per sqft
5 Aug 2025RentedNew contract
AED 68,000/yr12 months · AED 131 per sqft
22 May 2025SoldReady
AED 1,100,000AED 2,094 per sqft
20 Mar 2024RentedNew contract
AED 60,000/yr12 months · AED 114 per sqft
10 Jul 2023SoldOff-plan
AED 760,000AED 1,449 per sqft
25 Feb 2018Sold by developerOff-plan
AED 620,400AED 1,183 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
1-bed apartment
Size
525 sqft
Floor
4th of 8
Parking
B1-17
Developer
Azizi Developments
Completed
2022
Last sold
AED 1.1M · May 2025

About 408, Azizi Riviera 16

408 is a one-bedroom apartment of 525 sqft on the 4th floor of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 22 May 2025 for AED 1,100,000, or AED 2,094 per sqft, 12% above the AED 1,872 one-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 20 August 2026, is AED 62,000 a year: a gross yield of 5.6% on the 2025 price.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Azizi Riviera 16
750K1M2017202020232026Typical sale price by year: 2017 AED 620,400; 2018 AED 609,149; 2021 AED 668,373; 2023 AED 755,000; 2024 AED 935,000; 2025 AED 1,100,000Sold by developer, February 2018: AED 620,400 (AED 1,183 per sqft)Sold, July 2023: AED 760,000 (AED 1,449 per sqft)Sold, May 2025: AED 1,100,000 (AED 2,094 per sqft)

408 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in Azizi Riviera 16
60K70K2024202520262027Typical rent by year: 2024 AED 70,000; 2025 AED 75,000; 2026 AED 68,871New contract, March 2024: AED 60,000 a yearNew contract, August 2025: AED 68,000 a yearNew contract, August 2025: AED 68,000 a yearNew contract, August 2026: AED 62,000 a year

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

1-beds in Azizi Riviera 16, and where 408 sits

All 40 1-beds →

408 last sold in May 2025 at AED 2,094 per sqft, 12% above what one-beds in Azizi Riviera 16 were fetching at the time (AED 1,872). Over the last 12 months one-beds sold for AED 900,000 to 1,140,000, around AED 1,519 per sqft, and rent for AED 60,000 to 90,000 a year. 408's AED 62,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jul 2026900,000
21 Jan 20261,140,000
23 Oct 20251,050,000
9 Sep 20251,125,000
2 1-bed 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 →

Other units on the 4th floor

All 28 units in Azizi Riviera 16
Value
4143-bedAED 2M · Jun 2025
419StudioAED 635K · May 2025
425StudioAED 620K · Jul 2025
428StudioAED 585K · Jul 2026

408, Azizi Riviera 16 in numbers

  • Sold 3 times: first on 25 February 2018 for AED 620,400, last on 22 May 2025 for AED 1,100,000 (AED 2,094 per sqft).
  • Rented since March 2024 on 4 Ejari contracts, from AED 60,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2025 price is 5.6%.
  • One-beds in Azizi Riviera 16 sold for AED 900,000–1,140,000 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 August 2026.

Questions about 408, Azizi Riviera 16

What did unit 408 last sell for?

AED 1,100,000 on 22 May 2025: AED 2,094 per sqft for 525 sqft. The unit has 3 registered sales; the first was AED 620,400 in February 2018.

What is the rent for unit 408?

AED 62,000 a year on the contract signed on 20 August 2026. The previous contract, from August 2025, was AED 68,000; the unit has been rented since March 2024.

How big is unit 408?

525 sqft (48.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2022.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azizi Riviera 16 sold for AED 900,000 to 1,140,000 in the last 12 months, around AED 1,519 per sqft.

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Mortgage on 408, Azizi Riviera 16

Starts from the last sale price (AED 1.1M, 22 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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