Studio · 317 sqftAzizi Riviera 28, Meydan One · completed 2023

506, Azizi Riviera 28

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

Unit 506 · DLD and Ejari recordsUpdated 23 December 2024
Last soldAED 600K23 December 2024
Current rentAED 55K /yr11 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Azizi Riviera 28

What is 506 worth today?

Last sold for AED 600,000 in 2024

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23 Dec 2024SoldReady
AED 600,000AED 1,890 per sqft
11 Mar 2024RentedNew contract
AED 55,000/yr12 months · AED 176 per sqft
19 Oct 2023Sold by developerOff-plan
AED 466,890AED 1,473 per sqft

Source: Dubai Land Department. Updated 23 December 2024.

Key facts

Type
Studio apartment
Size
317 sqft
Parking
B2-85
Developer
Azizi Developments
Completed
2023
Last sold
AED 600K · December 2024

About 506, Azizi Riviera 28

506 is a studio of 317 sqft of Azizi Riviera 28, a 7-storey tower in Meydan One completed in 2023 by Azizi Developments. It last sold on 23 December 2024 for AED 600,000, or AED 1,890 per sqft, 17% above the AED 1,614 studios in the building were fetching at the time.

One Ejari contract is registered, from 11 March 2024. The current contract, signed on 11 March 2024, is AED 55,000 a year: a gross yield of 9.2% on the 2024 price.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical studio in Azizi Riviera 28
500K600K20192021202320252027Typical sale price by year: 2019 AED 504,820; 2022 AED 572,000; 2023 AED 571,463; 2024 AED 598,634; 2025 AED 650,000; 2026 AED 600,000Sold by developer, October 2023: AED 466,890 (AED 1,473 per sqft)Sold, December 2024: AED 600,000 (AED 1,890 per sqft)

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

Rents
Unit 506, each contractTypical studio in Azizi Riviera 28
50K55K2024202520262027Typical rent by year: 2024 AED 48,000; 2025 AED 50,000; 2026 AED 46,850New contract, March 2024: 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 28, and where 506 sits

All 159 studios →

506 last sold in December 2024 at AED 1,890 per sqft, 17% above what studios in Azizi Riviera 28 were fetching at the time (AED 1,614). Over the last 12 months studios sold for AED 350,000 to 680,000, around AED 1,785 per sqft, and rent for AED 25,000 to 73,349 a year. 506's AED 55,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
31 Jul 2026680,000
9 Jun 2026600,000
5 Jun 2026565,600
27 Apr 2026675,000
8 studio sales in the last 12 months

Azizi Riviera 28

Building

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

Typical price per sqft
AED 1,540 Down 18.0%
Typical sale
AED 660K
Typical rent
AED 52K /yr
Typical yield
8.7%
Azizi Riviera 28, Meydan One: prices, sales and rents →

506, Azizi Riviera 28 in numbers

  • Sold twice: first on 19 October 2023 for AED 466,890, last on 23 December 2024 for AED 600,000 (AED 1,890 per sqft).
  • Rented since March 2024 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 9.2%.
  • Studios in Azizi Riviera 28 sold for AED 350,000–680,000 in the 12 months to November 2026; the building's median across all types is AED 1,540 per sqft.

Source: Dubai Land Department. Updated 23 December 2024.

Questions about 506, Azizi Riviera 28

What did unit 506 last sell for?

AED 600,000 on 23 December 2024: AED 1,890 per sqft for 317 sqft. The unit has 2 registered sales; the first was AED 466,890 in October 2023.

What is the rent for unit 506?

AED 55,000 a year on the contract signed on 11 March 2024.

How big is unit 506?

317 sqft (29.5 sqm): a studio of a 7-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 28 sold for AED 350,000 to 680,000 in the last 12 months, around AED 1,785 per sqft.

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Mortgage on 506, Azizi Riviera 28

Starts from the last sale price (AED 600K, 23 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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