Studio · 355 sqftAzizi Riviera 24, Meydan One · completed 2023

506, Azizi Riviera 24

Sold prices and rental history: sold once, by the developer in June 2021, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 28 April 2025
Last soldAED 481K22 June 2021
Current rentAED 53K /yr28 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Azizi Riviera 24

What is 506 worth today?

Last sold for AED 480,808 in 2021

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28 Apr 2025RentedNew contract
AED 53,000/yr12 months · AED 149 per sqft
22 Jun 2021Sold by developerOff-plan
AED 480,808AED 1,354 per sqft

Source: Dubai Land Department. Updated 28 April 2025.

Key facts

Type
Studio apartment
Size
355 sqft
Parking
1
Developer
Azizi Developments
Completed
2023
Last sold
AED 481K · June 2021

About 506, Azizi Riviera 24

506 is a studio of 355 sqft of Azizi Riviera 24, a 9-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 22 June 2021 for AED 480,808, or AED 1,354 per sqft, 7% below the AED 1,457 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 April 2025. The current contract, signed on 28 April 2025, is AED 53,000 a year: a gross yield of 11.0% on the 2021 price.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical studio in Azizi Riviera 24
500K600K20192021202320252027Typical sale price by year: 2019 AED 556,150; 2020 AED 514,250; 2021 AED 517,882; 2022 AED 498,050; 2023 AED 532,379; 2024 AED 561,272; 2025 AED 615,000; 2026 AED 660,000Sold by developer, June 2021: AED 480,808 (AED 1,354 per sqft)

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

Rents
Unit 506, each contractTypical studio in Azizi Riviera 24
50K2024202520262027Typical rent by year: 2024 AED 47,000; 2025 AED 50,000; 2026 AED 47,000New contract, April 2025: 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 24, and where 506 sits

All 131 studios →

506 last sold in June 2021 at AED 1,354 per sqft, 7% below what studios in Azizi Riviera 24 were fetching at the time (AED 1,457). Over the last 12 months studios sold for AED 472,726 to 750,000, around AED 1,648 per sqft, and rent for AED 23,500 to 70,409 a year. 506's AED 53,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2026580,000
7 Jul 2026610,000
8 Jun 2026718,000
5 Feb 2026710,000
9 studio sales in the last 12 months

Azizi Riviera 24

Building

24 apartments, studios to 3-bed over 9 floors in Meydan One, completed in 2023 by Azizi Developments. 10 sold in the last 12 months.

Typical price per sqft
AED 1,676 Down 9.9%
Typical sale
AED 680K
Typical rent
AED 55K /yr
Typical yield
8.0%
Azizi Riviera 24, Meydan One: prices, sales and rents →

506, Azizi Riviera 24 in numbers

  • Sold once: by Azizi Developments on 22 June 2021 for AED 480,808, or AED 1,354 per sqft.
  • Rented since April 2025 on one Ejari contract, at AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2021 price is 11.0%.
  • Studios in Azizi Riviera 24 sold for AED 472,726–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,676 per sqft.

Source: Dubai Land Department. Updated 28 April 2025.

Questions about 506, Azizi Riviera 24

What did unit 506 last sell for?

AED 480,808 on 22 June 2021, sold by the developer: AED 1,354 per sqft for 355 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 53,000 a year on the contract signed on 28 April 2025.

How big is unit 506?

355 sqft (33.0 sqm): a studio of a 9-storey tower completed in 2023.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 24 sold for AED 472,726 to 750,000 in the last 12 months, around AED 1,648 per sqft.

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Mortgage on 506, Azizi Riviera 24

Starts from the last sale price (AED 481K, 22 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 480,808
Deposit, UAE resident (20%)
AED 96,162
Deposit, non-resident (40%)
AED 192,323
Monthly over 25 years at 3.7%
AED 1,967

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