704, Azizi Riviera 16
Sold prices and rental history: sold twice, last in October 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Azizi Riviera 16
What is 704 worth today?
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Source: Dubai Land Department. Updated 5 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 296 sqft
- Parking
- B2-72
- Developer
- Azizi Developments
- Completed
- 2022
- Last sold
- AED 545K · October 2024
- Building
- Azizi Riviera 16
About 704, Azizi Riviera 16
704 is a studio of 296 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 21 October 2024 for AED 545,000, or AED 1,839 per sqft, 9% above the AED 1,684 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 5 December 2024, is AED 41,000 a year: a gross yield of 7.5% on the 2024 price.
Sales and rents for 704 over time
704 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 704 sits
All 191 studios →704 last sold in October 2024 at AED 1,839 per sqft, 9% above what studios in Azizi Riviera 16 were fetching at the time (AED 1,684). 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. 704's AED 41,000 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%
704, Azizi Riviera 16 in numbers
- Sold twice: first on 18 October 2023 for AED 466,190, last on 21 October 2024 for AED 545,000 (AED 1,839 per sqft).
- Rented since November 2024 on 2 Ejari contracts, from AED 42,000 to AED 41,000 a year.
- At AED 41,000 a year the gross yield on the 2024 price is 7.5%.
- 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 December 2024.
Questions about 704, Azizi Riviera 16
What did unit 704 last sell for?
AED 545,000 on 21 October 2024: AED 1,839 per sqft for 296 sqft. The unit has 2 registered sales; the first was AED 466,190 in October 2023.
What is the rent for unit 704?
AED 41,000 a year on the contract signed on 5 December 2024. The previous contract, from November 2024, was AED 42,000.
How big is unit 704?
296 sqft (27.5 sqm): a studio of a 8-storey tower completed in 2022.
What is unit 704 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 704, Azizi Riviera 16
Starts from the last sale price (AED 545K, 21 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 545,000
- Deposit, UAE resident (20%)
- AED 109,000
- Deposit, non-resident (40%)
- AED 218,000
- Monthly over 25 years at 3.7%
- AED 2,230
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →