Studio · 297 sqftAzizi Riviera 16, Meydan One · completed 2022

602, Azizi Riviera 16

Sold prices and rental history: sold 3 times, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 770K5 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Azizi Riviera 16

What is 602 worth today?

Last sold for AED 770,000 in 2024

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5 Jul 2024SoldReady
AED 770,000AED 2,593 per sqft
31 Oct 2023SoldOff-plan
AED 480,078AED 1,625 per sqft
17 May 2018Sold by developerOff-plan
AED 483,078AED 1,636 per sqft

Source: Dubai Land Department. Updated 5 July 2024.

Key facts

Type
Studio apartment
Size
297 sqft
Parking
B1-80
Developer
Azizi Developments
Completed
2022
Last sold
AED 770K · July 2024

About 602, Azizi Riviera 16

602 is a studio of 297 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 5 July 2024 for AED 770,000, or AED 2,593 per sqft, 60% above the AED 1,623 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical studio in Azizi Riviera 16
600K800K2017202020232026Typical 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, May 2018: AED 483,078 (AED 1,636 per sqft)Sold, October 2023: AED 480,078 (AED 1,625 per sqft)Sold, July 2024: AED 770,000 (AED 2,593 per sqft)

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

Rents
Unit 602, each contractTypical studio in Azizi Riviera 16
43K45K48K2024202520262027Typical rent by year: 2024 AED 42,500; 2025 AED 47,000; 2026 AED 45,000

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 602 sits

All 191 studios →

602 last sold in July 2024 at AED 2,593 per sqft, 60% above what studios in Azizi Riviera 16 were fetching at the time (AED 1,623). 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.

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 →

602, Azizi Riviera 16 in numbers

  • Sold 3 times: first on 17 May 2018 for AED 483,078, last on 5 July 2024 for AED 770,000 (AED 2,593 per sqft).
  • 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 5 July 2024.

Questions about 602, Azizi Riviera 16

What did unit 602 last sell for?

AED 770,000 on 5 July 2024: AED 2,593 per sqft for 297 sqft. The unit has 3 registered sales; the first was AED 483,078 in May 2018.

How big is unit 602?

297 sqft (27.6 sqm): a studio of a 8-storey tower completed in 2022.

What is unit 602 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 602, Azizi Riviera 16

Starts from the last sale price (AED 770K, 5 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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