Studio · 291 sqftAzizi Riviera 16, Meydan One · completed 2022

503, Azizi Riviera 16

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

Unit 503 · DLD and Ejari recordsUpdated 3 September 2025
Last soldAED 434K20 June 2023
Current rentAED 46K /yr3 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Azizi Riviera 16

What is 503 worth today?

Last sold for AED 433,710 in 2023

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3 Sep 2025RentedNew contract
AED 46,000/yr12 months · AED 158 per sqft
20 Jun 2023Sold by developerOff-plan
AED 433,710AED 1,490 per sqft

Source: Dubai Land Department. Updated 3 September 2025.

Key facts

Type
Studio apartment
Size
291 sqft
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 434K · June 2023

About 503, Azizi Riviera 16

503 is a studio of 291 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 20 June 2023 for AED 433,710, or AED 1,490 per sqft, 4% below the AED 1,548 studios in the building were fetching at the time.

One Ejari contract is registered, from 3 September 2025. The current contract, signed on 3 September 2025, is AED 46,000 a year: a gross yield of 10.6% on the 2023 price.

Sales and rents for 503 over time

Sales
Unit 503, 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, June 2023: AED 433,710 (AED 1,490 per sqft)

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

Rents
Unit 503, each contractTypical studio in Azizi Riviera 16
43K45K48K2024202520262027Typical rent by year: 2024 AED 42,500; 2025 AED 47,000; 2026 AED 45,000New contract, September 2025: AED 46,000 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 503 sits

All 191 studios →

503 last sold in June 2023 at AED 1,490 per sqft, 4% below what studios in Azizi Riviera 16 were fetching at the time (AED 1,548). 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. 503's AED 46,000 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 →

503, Azizi Riviera 16 in numbers

  • Sold once: by Azizi Developments on 20 June 2023 for AED 433,710, or AED 1,490 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2023 price is 10.6%.
  • 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 3 September 2025.

Questions about 503, Azizi Riviera 16

What did unit 503 last sell for?

AED 433,710 on 20 June 2023, sold by the developer: AED 1,490 per sqft for 291 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 46,000 a year on the contract signed on 3 September 2025.

How big is unit 503?

291 sqft (27.0 sqm): a studio of a 8-storey tower completed in 2022.

What is unit 503 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 503, Azizi Riviera 16

Starts from the last sale price (AED 434K, 20 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 433,710
Deposit, UAE resident (20%)
AED 86,742
Deposit, non-resident (40%)
AED 173,484
Monthly over 25 years at 3.7%
AED 1,774

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