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

721, Azizi Riviera 16

Sold prices and rental history: sold once, by the developer in December 2017, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 482K20 December 2017
Current rentAED 40K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 721, Azizi Riviera 16

What is 721 worth today?

Last sold for AED 482,120 in 2017

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1 Sep 2026RentedNew contract
AED 40,000/yr12 months · AED 135 per sqft
21 Aug 2025RentedRenewal
AED 41,000/yr12 months · AED 139 per sqft
21 Aug 2025RentedNew contract
AED 43,765/yr12 months · AED 148 per sqft
20 Dec 2017Sold by developerOff-plan
AED 482,120AED 1,631 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
296 sqft
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 482K · December 2017

About 721, Azizi Riviera 16

721 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 20 December 2017 for AED 482,120, or AED 1,631 per sqft, in line with the AED 1,615 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 1 September 2026, is AED 40,000 a year: a gross yield of 8.3% on the 2017 price.

Sales and rents for 721 over time

Sales
Unit 721, 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, December 2017: AED 482,120 (AED 1,631 per sqft)

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

Rents
Unit 721, each contractTypical studio in Azizi Riviera 16
40K45K2024202520262027Typical rent by year: 2024 AED 42,500; 2025 AED 47,000; 2026 AED 45,000Renewal, August 2025: AED 41,000 a yearNew contract, August 2025: AED 43,765 a yearNew contract, September 2026: AED 40,000 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 721 sits

All 191 studios →

721 last sold in December 2017 at AED 1,631 per sqft, in line with what studios in Azizi Riviera 16 were fetching at the time (AED 1,615). 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. 721's AED 40,000 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 →

721, Azizi Riviera 16 in numbers

  • Sold once: by Azizi Developments on 20 December 2017 for AED 482,120, or AED 1,631 per sqft.
  • Rented since August 2025 on 3 Ejari contracts, from AED 43,765 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 8.3%.
  • 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 1 September 2026.

Questions about 721, Azizi Riviera 16

What did unit 721 last sell for?

AED 482,120 on 20 December 2017, sold by the developer: AED 1,631 per sqft for 296 sqft. It is the only registered sale of the unit.

What is the rent for unit 721?

AED 40,000 a year on the contract signed on 1 September 2026. The previous contract, from August 2025, was AED 41,000; the unit has been rented since August 2025.

How big is unit 721?

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

What is unit 721 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 721, Azizi Riviera 16

Starts from the last sale price (AED 482K, 20 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 482,120
Deposit, UAE resident (20%)
AED 96,424
Deposit, non-resident (40%)
AED 192,848
Monthly over 25 years at 3.7%
AED 1,973

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