Studio · 295 sqftAzizi Riviera 38, Meydan One · 5th floor · completed 2024

505, Azizi Riviera 38

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

Unit 505 · DLD and Ejari recordsUpdated 26 November 2025
Last soldAED 565K30 October 2024
Current rentAED 55K /yr26 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Azizi Riviera 38

What is 505 worth today?

Last sold for AED 565,000 in 2024

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26 Nov 2025RentedNew contract
AED 55,000/yr12 months · AED 186 per sqft
25 Nov 2025RentedRenewal
AED 50,000/yr12 months · AED 169 per sqft
25 Nov 2024RentedNew contract
AED 50,000/yr12 months · AED 169 per sqft
30 Oct 2024SoldReady
AED 565,000AED 1,912 per sqft
31 May 2024Sold by developerOff-plan
AED 531,200AED 1,797 per sqft

Source: Dubai Land Department. Updated 26 November 2025.

Key facts

Type
Studio apartment
Size
295 sqft
Floor
5th of 10
Parking
B2-42
Developer
Azizi Developments
Completed
2024
Last sold
AED 565K · October 2024

About 505, Azizi Riviera 38

505 is a studio of 295 sqft on the 5th floor of Azizi Riviera 38, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. It last sold on 30 October 2024 for AED 565,000, or AED 1,912 per sqft, 9% above the AED 1,749 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 26 November 2025, is AED 55,000 a year: a gross yield of 9.7% on the 2024 price.

Sales and rents for 505 over time

Sales
Unit 505, 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, May 2024: AED 531,200 (AED 1,797 per sqft)Sold, October 2024: AED 565,000 (AED 1,912 per sqft)

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

Rents
Unit 505, each contractTypical studio in Azizi Riviera 38
50K2024202520262027Typical rent by year: 2024 AED 42,443; 2025 AED 48,000; 2026 AED 44,000New contract, November 2024: AED 50,000 a yearNew contract, November 2025: AED 55,000 a yearRenewal, November 2025: AED 50,000 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 505 sits

All 58 studios →

505 last sold in October 2024 at AED 1,912 per sqft, 9% above what studios in Azizi Riviera 38 were fetching at the time (AED 1,749). 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. 505's AED 55,000 is in the upper 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 5th floor

All 144 units in Azizi Riviera 38
Value
501StudioAED 488K · Jun 2024
502StudioAED 534K · Aug 2019
503StudioAED 545K · Jun 2021
5041-bedAED 810K · Jun 2024
5061-bedAED 917K · Jun 2021
5072-bedAED 1.47M · Jul 2019
5081-bedAED 970K · Feb 2019
1–7 of 14

505, Azizi Riviera 38 in numbers

  • Sold twice: first on 31 May 2024 for AED 531,200, last on 30 October 2024 for AED 565,000 (AED 1,912 per sqft).
  • Rented since November 2024 on 3 Ejari contracts, from AED 50,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 9.7%.
  • 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 26 November 2025.

Questions about 505, Azizi Riviera 38

What did unit 505 last sell for?

AED 565,000 on 30 October 2024: AED 1,912 per sqft for 295 sqft. The unit has 2 registered sales; the first was AED 531,200 in May 2024.

What is the rent for unit 505?

AED 55,000 a year on the contract signed on 26 November 2025. The previous contract, from November 2025, was AED 50,000; the unit has been rented since November 2024.

How big is unit 505?

295 sqft (27.4 sqm): a studio on the 5th floor of a 10-storey tower completed in 2024.

What is unit 505 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 505, Azizi Riviera 38

Starts from the last sale price (AED 565K, 30 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

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