Studio · 330 sqftAzizi Riviera 28, Meydan One · completed 2023

523, Azizi Riviera 28

Sold prices and rental history: sold once, by the developer in October 2019, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 523 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 446K1 October 2019
Current rentAED 47K /yr25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Azizi Riviera 28

What is 523 worth today?

Last sold for AED 445,556 in 2019

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25 Mar 2024RentedNew contract
AED 47,000/yr12 months · AED 141 per sqft
1 Oct 2019Sold by developerOff-plan
AED 445,556AED 1,348 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
Studio apartment
Size
330 sqft
Parking
1
Developer
Azizi Developments
Completed
2023
Last sold
AED 446K · October 2019

About 523, Azizi Riviera 28

523 is a studio of 330 sqft of Azizi Riviera 28, a 7-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 1 October 2019 for AED 445,556, or AED 1,348 per sqft, 12% below the AED 1,539 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 March 2024. The current contract, signed on 25 March 2024, is AED 47,000 a year: a gross yield of 10.5% on the 2019 price.

Sales and rents for 523 over time

Sales
Unit 523, 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 2019: AED 445,556 (AED 1,348 per sqft)

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

Rents
Unit 523, each contractTypical studio in Azizi Riviera 28
48K50K2024202520262027Typical rent by year: 2024 AED 48,000; 2025 AED 50,000; 2026 AED 46,850New contract, March 2024: AED 47,000 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 523 sits

All 159 studios →

523 last sold in October 2019 at AED 1,348 per sqft, 12% below what studios in Azizi Riviera 28 were fetching at the time (AED 1,539). 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. 523's AED 47,000 is in the lower 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 →

523, Azizi Riviera 28 in numbers

  • Sold once: by Azizi Developments on 1 October 2019 for AED 445,556, or AED 1,348 per sqft.
  • Rented since March 2024 on one Ejari contract, at AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2019 price is 10.5%.
  • 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 25 March 2024.

Questions about 523, Azizi Riviera 28

What did unit 523 last sell for?

AED 445,556 on 1 October 2019, sold by the developer: AED 1,348 per sqft for 330 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 47,000 a year on the contract signed on 25 March 2024.

How big is unit 523?

330 sqft (30.7 sqm): a studio of a 7-storey tower completed in 2023.

What is unit 523 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 523, Azizi Riviera 28

Starts from the last sale price (AED 446K, 1 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 445,556
Deposit, UAE resident (20%)
AED 89,111
Deposit, non-resident (40%)
AED 178,222
Monthly over 25 years at 3.7%
AED 1,823

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