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

616, Azizi Riviera 23

Sold prices and rental history: sold once, by the developer in February 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 3 June 2026
Last soldAED 601K6 February 2023
Current rentAED 53K /yr3 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Azizi Riviera 23

What is 616 worth today?

Last sold for AED 600,600 in 2023

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3 Jun 2026RentedNew contract
AED 53,000/yr12 months · AED 131 per sqft
1 Oct 2025RentedNew contract
AED 50,000/yr12 months · AED 124 per sqft
1 Apr 2025RentedNew contract
AED 50,000/yr12 months · AED 124 per sqft
6 Feb 2023Sold by developerOff-plan
AED 600,600AED 1,483 per sqft

Source: Dubai Land Department. Updated 3 June 2026.

Key facts

Type
Studio apartment
Size
405 sqft
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 601K · February 2023

About 616, Azizi Riviera 23

616 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 6 February 2023 for AED 600,600, or AED 1,483 per sqft, in line with the AED 1,514 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 3 June 2026, is AED 53,000 a year: a gross yield of 8.8% on the 2023 price.

Sales and rents for 616 over time

Sales
Unit 616, 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 2023: AED 600,600 (AED 1,483 per sqft)

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

Rents
Unit 616, each contractTypical studio in Azizi Riviera 23
50K52K2024202520262027Typical rent by year: 2024 AED 49,000; 2025 AED 50,000; 2026 AED 50,000New contract, April 2025: AED 50,000 a yearNew contract, October 2025: AED 50,000 a yearNew contract, June 2026: AED 53,000 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 616 sits

All 135 studios →

616 last sold in February 2023 at AED 1,483 per sqft, in line with what studios in Azizi Riviera 23 were fetching at the time (AED 1,514). 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. 616's AED 53,000 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 →

616, Azizi Riviera 23 in numbers

  • Sold once: by Azizi Developments on 6 February 2023 for AED 600,600, or AED 1,483 per sqft.
  • Rented since April 2025 on 3 Ejari contracts, from AED 50,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2023 price is 8.8%.
  • 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 3 June 2026.

Questions about 616, Azizi Riviera 23

What did unit 616 last sell for?

AED 600,600 on 6 February 2023, sold by the developer: AED 1,483 per sqft for 405 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 53,000 a year on the contract signed on 3 June 2026. The previous contract, from October 2025, was AED 50,000; the unit has been rented since April 2025.

How big is unit 616?

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

What is unit 616 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 616, Azizi Riviera 23

Starts from the last sale price (AED 601K, 6 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 600,600
Deposit, UAE resident (20%)
AED 120,120
Deposit, non-resident (40%)
AED 240,240
Monthly over 25 years at 3.7%
AED 2,457

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