Studio · 372 sqftAzizi Riviera 27, Meydan One · completed 2023

516, Azizi Riviera 27

Sold prices and rental history: sold once, by the developer in October 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 569K18 October 2023
Current rentAED 58K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Azizi Riviera 27

What is 516 worth today?

Last sold for AED 568,800 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Nov 2025RentedNew contract
AED 58,000/yr12 months · AED 154 per sqft
1 Mar 2024RentedNew contract
AED 48,000/yr12 months · AED 127 per sqft
18 Oct 2023Sold by developerOff-plan
AED 568,800AED 1,528 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
Studio apartment
Size
372 sqft
Parking
1
Developer
Azizi Developments
Completed
2023
Last sold
AED 569K · October 2023

About 516, Azizi Riviera 27

516 is a studio of 372 sqft of Azizi Riviera 27, a 7-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 18 October 2023 for AED 568,800, or AED 1,528 per sqft, in line with the AED 1,529 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 November 2025, is AED 58,000 a year: a gross yield of 10.2% on the 2023 price.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical studio in Azizi Riviera 27
500K600K20192021202320252027Typical sale price by year: 2019 AED 505,212; 2023 AED 561,580; 2024 AED 550,000; 2025 AED 650,000; 2026 AED 670,000Sold by developer, October 2023: AED 568,800 (AED 1,528 per sqft)

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

Rents
Unit 516, each contractTypical studio in Azizi Riviera 27
50K60K2024202520262027Typical rent by year: 2024 AED 46,874; 2025 AED 50,000; 2026 AED 48,000New contract, March 2024: AED 48,000 a yearNew contract, November 2025: AED 58,000 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 27, and where 516 sits

All 148 studios →

516 last sold in October 2023 at AED 1,528 per sqft, in line with what studios in Azizi Riviera 27 were fetching at the time (AED 1,529). Over the last 12 months studios sold for AED 250,000 to 742,000, around AED 2,003 per sqft, and rent for AED 40,000 to 78,000 a year. 516's AED 58,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Sep 2026630,000
19 May 2026620,000
17 Feb 2026720,000
30 Jan 2026670,000
9 studio sales in the last 12 months

Azizi Riviera 27

Building

24 apartments, studios to 3-bed over 7 floors in Meydan One, completed in 2023 by Azizi Developments. 17 sold in the last 12 months.

Typical price per sqft
AED 1,977 Up 6.9%
Typical sale
AED 742K
Typical rent
AED 52K /yr
Typical yield
6.9%
Azizi Riviera 27, Meydan One: prices, sales and rents →

516, Azizi Riviera 27 in numbers

  • Sold once: by Azizi Developments on 18 October 2023 for AED 568,800, or AED 1,528 per sqft.
  • Rented since March 2024 on 2 Ejari contracts, from AED 48,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2023 price is 10.2%.
  • Studios in Azizi Riviera 27 sold for AED 250,000–742,000 in the 12 months to November 2026; the building's median across all types is AED 1,977 per sqft.

Source: Dubai Land Department. Updated 20 November 2025.

Questions about 516, Azizi Riviera 27

What did unit 516 last sell for?

AED 568,800 on 18 October 2023, sold by the developer: AED 1,528 per sqft for 372 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 58,000 a year on the contract signed on 20 November 2025. The previous contract, from March 2024, was AED 48,000.

How big is unit 516?

372 sqft (34.6 sqm): a studio of a 7-storey tower completed in 2023.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 27 sold for AED 250,000 to 742,000 in the last 12 months, around AED 2,003 per sqft.

Selling 516? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 516, Azizi Riviera 27

Starts from the last sale price (AED 569K, 18 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 568,800
Deposit, UAE resident (20%)
AED 113,760
Deposit, non-resident (40%)
AED 227,520
Monthly over 25 years at 3.7%
AED 2,327

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