Studio · 331 sqftAzizi Riviera 31, Meydan One · completed 2023

407, Azizi Riviera 31

Sold prices and rental history: sold twice, last in July 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 21 September 2024
Last soldAED 500K7 July 2023
Current rentAED 58K /yr21 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Azizi Riviera 31

What is 407 worth today?

Last sold for AED 500,000 in 2023

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21 Sep 2024RentedNew contract
AED 57,600/yr12 months · AED 173 per sqft
7 Jul 2023SoldOff-plan
AED 500,000AED 1,509 per sqft
14 Feb 2022Sold by developerOff-plan
AED 494,400AED 1,492 per sqft

Source: Dubai Land Department. Updated 21 September 2024.

Key facts

Type
Studio apartment
Size
331 sqft
Parking
1
Developer
Azizi Developments
Completed
2023
Last sold
AED 500K · July 2023

About 407, Azizi Riviera 31

407 is a studio of 331 sqft of Azizi Riviera 31, a 9-storey tower in Meydan One completed in 2023 by Azizi Developments. It last sold on 7 July 2023 for AED 500,000, or AED 1,509 per sqft, in line with the AED 1,509 studios in the building were fetching at the time.

One Ejari contract is registered, from 21 September 2024. The current contract, signed on 21 September 2024, is AED 57,600 a year: a gross yield of 11.5% on the 2023 price.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in Azizi Riviera 31
500K600K202120232025Typical sale price by year: 2021 AED 485,160; 2022 AED 504,400; 2023 AED 544,800; 2024 AED 537,500; 2025 AED 660,000Sold by developer, February 2022: AED 494,400 (AED 1,492 per sqft)Sold, July 2023: AED 500,000 (AED 1,509 per sqft)

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

Rents
Unit 407, each contractTypical studio in Azizi Riviera 31
50K2024202520262027Typical rent by year: 2024 AED 45,000; 2025 AED 48,000; 2026 AED 48,000New contract, September 2024: AED 57,600 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 31, and where 407 sits

All 68 studios →

407 last sold in July 2023 at AED 1,509 per sqft, in line with what studios in Azizi Riviera 31 were fetching at the time (AED 1,509). Over the last 12 months studios sold for AED 650,000 to 750,000, around AED 1,828 per sqft, and rent for AED 40,000 to 70,800 a year. 407's AED 57,600 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
14 May 2026650,000
26 Feb 2026750,000
24 Nov 2025675,000
21 Aug 2025595,000
3 studio sales in the last 12 months

Azizi Riviera 31

Building

23 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 1,852 Down 1.1%
Typical sale
AED 1.06M
Typical rent
AED 63K /yr
Typical yield
7.4%
Azizi Riviera 31, Meydan One: prices, sales and rents →

407, Azizi Riviera 31 in numbers

  • Sold twice: first on 14 February 2022 for AED 494,400, last on 7 July 2023 for AED 500,000 (AED 1,509 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 57,600 a year.
  • At AED 57,600 a year the gross yield on the 2023 price is 11.5%.
  • Studios in Azizi Riviera 31 sold for AED 650,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,852 per sqft.

Source: Dubai Land Department. Updated 21 September 2024.

Questions about 407, Azizi Riviera 31

What did unit 407 last sell for?

AED 500,000 on 7 July 2023: AED 1,509 per sqft for 331 sqft. The unit has 2 registered sales; the first was AED 494,400 in February 2022.

What is the rent for unit 407?

AED 57,600 a year on the contract signed on 21 September 2024.

How big is unit 407?

331 sqft (30.8 sqm): a studio of a 9-storey tower completed in 2023.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 31 sold for AED 650,000 to 750,000 in the last 12 months, around AED 1,828 per sqft.

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Mortgage on 407, Azizi Riviera 31

Starts from the last sale price (AED 500K, 7 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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