509, Azizi Riviera 16
Sold prices and rental history: sold twice, last in December 2024, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Azizi Riviera 16
What is 509 worth today?
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Source: Dubai Land Department. Updated 23 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 298 sqft
- Parking
- B2-17
- Developer
- Azizi Developments
- Completed
- 2022
- Last sold
- AED 600K · December 2024
- Building
- Azizi Riviera 16
About 509, Azizi Riviera 16
509 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 23 December 2024 for AED 600,000, or AED 2,015 per sqft, 16% above the AED 1,738 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 April 2024. The current contract, signed on 15 April 2024, is AED 42,000 a year: a gross yield of 7.0% on the 2024 price.
Sales and rents for 509 over time
509 has sold twice; the dashed line is the studio median of each year in the building.
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 509 sits
All 191 studios →509 last sold in December 2024 at AED 2,015 per sqft, 16% above what studios in Azizi Riviera 16 were fetching at the time (AED 1,738). 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. 509's AED 42,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 298 sqft | 600,000 | 2,014 | ||
| 28 Sep 202628 September 2026 | 294 sqft | 560,000 | 1,906 | ||
| 9 Sep 20269 September 2026 | 595 sqft | 946,400 | 1,590 | ||
| 16 Jul 202616 July 2026 | 297 sqft | 560,000 | 1,884 |
Azizi Riviera 16
Building28 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%
509, Azizi Riviera 16 in numbers
- Sold twice: first on 31 May 2018 for AED 476,817, last on 23 December 2024 for AED 600,000 (AED 2,015 per sqft).
- Rented since April 2024 on one Ejari contract, at AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2024 price is 7.0%.
- 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 23 December 2024.
Questions about 509, Azizi Riviera 16
What did unit 509 last sell for?
AED 600,000 on 23 December 2024: AED 2,015 per sqft for 298 sqft. The unit has 2 registered sales; the first was AED 476,817 in May 2018.
What is the rent for unit 509?
AED 42,000 a year on the contract signed on 15 April 2024.
How big is unit 509?
298 sqft (27.7 sqm): a studio of a 8-storey tower completed in 2022.
What is unit 509 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 509, Azizi Riviera 16
Starts from the last sale price (AED 600K, 23 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →