Studio · 302 sqftAzizi Riviera 38, Meydan One · 4th floor · completed 2024

405, Azizi Riviera 38

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

Unit 405 · DLD and Ejari recordsUpdated 23 May 2026
Last soldAED 490K2 June 2021
Current rentAED 52K /yr23 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Azizi Riviera 38

What is 405 worth today?

Last sold for AED 489,863 in 2021

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23 May 2026RentedNew contract
AED 52,000/yr12 months · AED 179 per sqft
24 May 2025RentedNew contract
AED 78,000/yr12 months · AED 264 per sqft
24 May 2025RentedNew contract
AED 78,000/yr12 months · AED 264 per sqft
2 Jun 2021Sold by developerOff-plan
AED 489,863AED 1,623 per sqft

Source: Dubai Land Department. Updated 23 May 2026.

Key facts

Type
Studio apartment
Size
302 sqft
Floor
4th of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 490K · June 2021

About 405, Azizi Riviera 38

405 is a studio of 302 sqft on the 4th floor of Azizi Riviera 38, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. The developer sold it on 2 June 2021 for AED 489,863, or AED 1,623 per sqft, in line with the AED 1,671 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 23 May 2026, is AED 52,000 a year: a gross yield of 10.6% on the 2021 price.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical studio in Azizi Riviera 38
500K600K20192021202320252027Typical sale price by year: 2019 AED 471,410; 2021 AED 510,000; 2024 AED 520,000; 2025 AED 593,205; 2026 AED 650,000Sold by developer, June 2021: AED 489,863 (AED 1,623 per sqft)

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

Rents
Unit 405, each contractTypical studio in Azizi Riviera 38
40K60K80K2024202520262027Typical rent by year: 2024 AED 42,443; 2025 AED 48,000; 2026 AED 44,000New contract, May 2025: AED 78,000 a yearNew contract, May 2025: AED 78,000 a yearNew contract, May 2026: AED 52,000 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 38, and where 405 sits

All 58 studios →

405 last sold in June 2021 at AED 1,623 per sqft, in line with what studios in Azizi Riviera 38 were fetching at the time (AED 1,671). Over the last 12 months studios sold for AED 565,000 to 670,000, around AED 2,095 per sqft, and rent for AED 38,000 to 68,000 a year. 405's AED 52,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026650,000
3 Aug 2026565,000
30 Jun 2026630,000
19 Feb 2026670,000
6 studio sales in the last 12 months

Azizi Riviera 38

Building

144 apartments, studios to 2-bed over 10 floors in Meydan One, completed in 2024 by Azizi Developments. 11 sold in the last 12 months.

Typical price per sqft
AED 2,095 Up 0.5%
Typical sale
AED 670K
Typical rent
AED 65K /yr
Typical yield
6.4%
Azizi Riviera 38, Meydan One: prices, sales and rents →

Other units on the 4th floor

All 144 units in Azizi Riviera 38
Value
401StudioAED 471K · Mar 2019
402StudioAED 489K · Feb 2020
403StudioAED 457K · Mar 2019
4041-bedAED 975K · Dec 2025
4061-bedAED 1.15M · Nov 2025
4072-bedAED 1.45M · Jun 2021
4081-bedAED 824K · Oct 2018
1–7 of 14

405, Azizi Riviera 38 in numbers

  • Sold once: by Azizi Developments on 2 June 2021 for AED 489,863, or AED 1,623 per sqft.
  • Rented since May 2025 on 3 Ejari contracts, from AED 78,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2021 price is 10.6%.
  • Studios in Azizi Riviera 38 sold for AED 565,000–670,000 in the 12 months to November 2026; the building's median across all types is AED 2,095 per sqft.

Source: Dubai Land Department. Updated 23 May 2026.

Questions about 405, Azizi Riviera 38

What did unit 405 last sell for?

AED 489,863 on 2 June 2021, sold by the developer: AED 1,623 per sqft for 302 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 52,000 a year on the contract signed on 23 May 2026. The previous contract, from May 2025, was AED 78,000; the unit has been rented since May 2025.

How big is unit 405?

302 sqft (28.1 sqm): a studio on the 4th floor of a 10-storey tower completed in 2024.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 38 sold for AED 565,000 to 670,000 in the last 12 months, around AED 2,095 per sqft.

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Mortgage on 405, Azizi Riviera 38

Starts from the last sale price (AED 490K, 2 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 489,863
Deposit, UAE resident (20%)
AED 97,973
Deposit, non-resident (40%)
AED 195,945
Monthly over 25 years at 3.7%
AED 2,004

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