Studio · 405 sqftAzizi Riviera 23, Meydan One · completed 2022

316, Azizi Riviera 23

Sold prices and rental history: sold once, by the developer in March 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 588K12 March 2024
Current rentAED 55K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Azizi Riviera 23

What is 316 worth today?

Last sold for AED 588,280 in 2024

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20 Aug 2026RentedNew contract
AED 55,000/yr12 months · AED 134 per sqft
6 Jun 2024RentedNew contract
AED 71,000/yr12 months · AED 174 per sqft
12 Mar 2024Sold by developerOff-plan
AED 588,280AED 1,453 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
Studio apartment
Size
405 sqft
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 588K · March 2024

About 316, Azizi Riviera 23

316 is a studio of 405 sqft of Azizi Riviera 23, a 10-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 12 March 2024 for AED 588,280, or AED 1,453 per sqft, 5% below the AED 1,535 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 20 August 2026, is AED 55,000 a year: a gross yield of 9.3% on the 2024 price.

Sales and rents for 316 over time

Sales
Unit 316, 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, March 2024: AED 588,280 (AED 1,453 per sqft)

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

Rents
Unit 316, each contractTypical studio in Azizi Riviera 23
50K60K70K2024202520262027Typical rent by year: 2024 AED 49,000; 2025 AED 50,000; 2026 AED 50,000New contract, June 2024: AED 71,000 a yearNew contract, August 2026: AED 55,000 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 316 sits

All 135 studios →

316 last sold in March 2024 at AED 1,453 per sqft, 5% below what studios in Azizi Riviera 23 were fetching at the time (AED 1,535). 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. 316's AED 55,000 is in the lower 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 →

316, Azizi Riviera 23 in numbers

  • Sold once: by Azizi Developments on 12 March 2024 for AED 588,280, or AED 1,453 per sqft.
  • Rented since June 2024 on 2 Ejari contracts, from AED 71,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 9.3%.
  • 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 20 August 2026.

Questions about 316, Azizi Riviera 23

What did unit 316 last sell for?

AED 588,280 on 12 March 2024, sold by the developer: AED 1,453 per sqft for 405 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 55,000 a year on the contract signed on 20 August 2026. The previous contract, from June 2024, was AED 71,000.

How big is unit 316?

405 sqft (37.6 sqm): a studio of a 10-storey tower completed in 2022.

What is unit 316 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 316, Azizi Riviera 23

Starts from the last sale price (AED 588K, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 588,280
Deposit, UAE resident (20%)
AED 117,656
Deposit, non-resident (40%)
AED 235,312
Monthly over 25 years at 3.7%
AED 2,407

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