
724, Azizi Riviera 16
Sold prices and rental history: sold once, by the developer in December 2017, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 724, Azizi Riviera 16
What is 724 worth today?
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Source: Dubai Land Department. Updated 7 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 295 sqft
- Parking
- 1
- Developer
- Azizi Developments
- Completed
- 2022
- Last sold
- AED 488K · December 2017
- Building
- Azizi Riviera 16
About 724, Azizi Riviera 16
724 is a studio of 295 sqft of Azizi Riviera 16, a 8-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 19 December 2017 for AED 487,524, or AED 1,650 per sqft, in line with the AED 1,602 studios in the building were fetching at the time.
One Ejari contract is registered, from 7 February 2026. The current contract, renewed on 7 February 2026, is AED 52,000 a year: a gross yield of 10.7% on the 2017 price.
Sales and rents for 724 over time
724 has sold once; 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 724 sits
All 191 studios →724 last sold in December 2017 at AED 1,650 per sqft, in line with what studios in Azizi Riviera 16 were fetching at the time (AED 1,602). 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. 724's AED 52,000 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%
724, Azizi Riviera 16 in numbers
- Sold once: by Azizi Developments on 19 December 2017 for AED 487,524, or AED 1,650 per sqft.
- Rented since February 2026 on one Ejari contract, at AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2017 price is 10.7%.
- 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 7 February 2026.
Questions about 724, Azizi Riviera 16
What did unit 724 last sell for?
AED 487,524 on 19 December 2017, sold by the developer: AED 1,650 per sqft for 295 sqft. It is the only registered sale of the unit.
What is the rent for unit 724?
AED 52,000 a year on the contract renewed on 7 February 2026.
How big is unit 724?
295 sqft (27.4 sqm): a studio of a 8-storey tower completed in 2022.
What is unit 724 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 724, Azizi Riviera 16
Starts from the last sale price (AED 488K, 19 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 487,524
- Deposit, UAE resident (20%)
- AED 97,505
- Deposit, non-resident (40%)
- AED 195,010
- Monthly over 25 years at 3.7%
- AED 1,995
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →