Studio · 352 sqftAzizi Riviera 23, Meydan One · completed 2022

1022, Azizi Riviera 23

Sold prices and rental history: sold twice, last in May 2024, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1022 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 620K8 May 2024
Current rentAED 75K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1022, Azizi Riviera 23

What is 1022 worth today?

Last sold for AED 620,000 in 2024

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1 Nov 2024RentedNew contract
AED 75,000/yr12 months · AED 213 per sqft
8 May 2024SoldOff-plan
AED 620,000AED 1,763 per sqft
12 Feb 2018Sold by developerOff-plan
AED 596,912AED 1,697 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
Studio apartment
Size
352 sqft
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 620K · May 2024

About 1022, Azizi Riviera 23

1022 is a studio of 352 sqft of Azizi Riviera 23, a 10-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 8 May 2024 for AED 620,000, or AED 1,763 per sqft, 12% above the AED 1,568 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, signed on 1 November 2024, is AED 75,000 a year: a gross yield of 12.1% on the 2024 price.

Sales and rents for 1022 over time

Sales
Unit 1022, each saleTypical studio in Azizi Riviera 23
550K600K650K2018202120242027Typical sale price by year: 2018 AED 565,133; 2019 AED 600,581; 2022 AED 550,000; 2023 AED 608,280; 2024 AED 594,700; 2025 AED 650,000; 2026 AED 660,000Sold by developer, February 2018: AED 596,912 (AED 1,697 per sqft)Sold, May 2024: AED 620,000 (AED 1,763 per sqft)

1022 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1022, each contractTypical studio in Azizi Riviera 23
60K2024202520262027Typical rent by year: 2024 AED 49,000; 2025 AED 50,000; 2026 AED 50,000New contract, November 2024: AED 75,000 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 23, and where 1022 sits

All 135 studios →

1022 last sold in May 2024 at AED 1,763 per sqft, 12% above what studios in Azizi Riviera 23 were fetching at the time (AED 1,568). Over the last 12 months studios sold for AED 350,000 to 918,400, around AED 1,778 per sqft, and rent for AED 38,000 to 78,000 a year. 1022's AED 75,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026918,400
9 Sep 2026610,000
10 Aug 2026900,000
4 Aug 2026600,000
10 studio sales in the last 12 months

Azizi Riviera 23

Building

25 apartments, studios to 3-bed over 10 floors in Meydan One, completed in 2022 by Azizi Developments. 14 sold in the last 12 months.

Typical price per sqft
AED 1,778 Down 6.9%
Typical sale
AED 808K
Typical rent
AED 56K /yr
Typical yield
7.5%
Azizi Riviera 23, Meydan One: prices, sales and rents →

1022, Azizi Riviera 23 in numbers

  • Sold twice: first on 12 February 2018 for AED 596,912, last on 8 May 2024 for AED 620,000 (AED 1,763 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 12.1%.
  • Studios in Azizi Riviera 23 sold for AED 350,000–918,400 in the 12 months to November 2026; the building's median across all types is AED 1,778 per sqft.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 1022, Azizi Riviera 23

What did unit 1022 last sell for?

AED 620,000 on 8 May 2024: AED 1,763 per sqft for 352 sqft. The unit has 2 registered sales; the first was AED 596,912 in February 2018.

What is the rent for unit 1022?

AED 75,000 a year on the contract signed on 1 November 2024.

How big is unit 1022?

352 sqft (32.7 sqm): a studio of a 10-storey tower completed in 2022.

What is unit 1022 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 23 sold for AED 350,000 to 918,400 in the last 12 months, around AED 1,778 per sqft.

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Mortgage on 1022, Azizi Riviera 23

Starts from the last sale price (AED 620K, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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