Studio · 296 sqftAzizi Riviera 16, Meydan One · completed 2022

505, Azizi Riviera 16

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

Unit 505 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 486K19 October 2023
Current rentAED 38K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Azizi Riviera 16

What is 505 worth today?

Last sold for AED 486,244 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Aug 2026RentedNew contract
AED 38,000/yr12 months · AED 128 per sqft
28 Jun 2025RentedNew contract
AED 43,000/yr12 months · AED 143 per sqft
19 Oct 2023Sold by developerOff-plan
AED 486,244AED 1,645 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
Studio apartment
Size
296 sqft
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 486K · October 2023

About 505, Azizi Riviera 16

505 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 19 October 2023 for AED 486,244, or AED 1,645 per sqft, 3% above the AED 1,595 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 20 August 2026, is AED 38,000 a year: a gross yield of 7.8% on the 2023 price.

Sales and rents for 505 over time

Sales
Unit 505, 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 486,244 (AED 1,645 per sqft)

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

Rents
Unit 505, each contractTypical studio in Azizi Riviera 16
40K45K2024202520262027Typical rent by year: 2024 AED 42,500; 2025 AED 47,000; 2026 AED 45,000New contract, June 2025: AED 43,000 a yearNew contract, August 2026: AED 38,000 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 505 sits

All 191 studios →

505 last sold in October 2023 at AED 1,645 per sqft, 3% above 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. 505's AED 38,000 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 →

505, Azizi Riviera 16 in numbers

  • Sold once: by Azizi Developments on 19 October 2023 for AED 486,244, or AED 1,645 per sqft.
  • Rented since June 2025 on 2 Ejari contracts, from AED 43,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 7.8%.
  • 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 August 2026.

Questions about 505, Azizi Riviera 16

What did unit 505 last sell for?

AED 486,244 on 19 October 2023, sold by the developer: AED 1,645 per sqft for 296 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 38,000 a year on the contract signed on 20 August 2026. The previous contract, from June 2025, was AED 43,000.

How big is unit 505?

296 sqft (27.5 sqm): a studio of a 8-storey tower completed in 2022.

What is unit 505 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.

Selling 505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 505, Azizi Riviera 16

Starts from the last sale price (AED 486K, 19 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 486,244
Deposit, UAE resident (20%)
AED 97,249
Deposit, non-resident (40%)
AED 194,498
Monthly over 25 years at 3.7%
AED 1,989

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