Studio · 374 sqftAzizi Riviera 4, Meydan One · completed 2022

508, Azizi Riviera 4

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

Unit 508 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 562K10 April 2023
Current rentAED 48K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Azizi Riviera 4

What is 508 worth today?

Last sold for AED 561,600 in 2023

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1 Jun 2024RentedRenewal
AED 48,000/yr12 months · AED 127 per sqft
1 Jun 2023RentedNew contract
AED 42,000/yr12 months · AED 111 per sqft
10 Apr 2023SoldReady
AED 561,600AED 1,503 per sqft
28 May 2018Sold by developerOff-plan
AED 570,052AED 1,525 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
Studio apartment
Size
374 sqft
Parking
B2-41
Developer
Azizi Developments
Completed
2022
Last sold
AED 562K · April 2023

About 508, Azizi Riviera 4

508 is a studio of 374 sqft of Azizi Riviera 4, a 9-storey tower in Meydan One completed in 2022 by Azizi Developments. It last sold on 10 April 2023 for AED 561,600, or AED 1,503 per sqft, in line with the AED 1,513 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 48,000 a year: a gross yield of 8.6% on the 2023 price.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical studio in Azizi Riviera 4
500K600K700K2017202020232026Typical sale price by year: 2017 AED 506,074; 2018 AED 560,885; 2019 AED 566,489; 2020 AED 571,887; 2021 AED 582,490; 2022 AED 599,631; 2023 AED 577,116; 2024 AED 635,000; 2025 AED 661,000; 2026 AED 690,000Sold by developer, May 2018: AED 570,052 (AED 1,525 per sqft)Sold, April 2023: AED 561,600 (AED 1,503 per sqft)

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

Rents
Unit 508, each contractTypical studio in Azizi Riviera 4
45K50K20232024202520262027Typical rent by year: 2023 AED 42,000; 2024 AED 45,000; 2025 AED 49,807; 2026 AED 46,685New contract, June 2023: AED 42,000 a yearRenewal, June 2024: AED 48,000 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 4, and where 508 sits

All 132 studios →

508 last sold in April 2023 at AED 1,503 per sqft, in line with what studios in Azizi Riviera 4 were fetching at the time (AED 1,513). Over the last 12 months studios sold for AED 600,000 to 775,000, around AED 1,900 per sqft, and rent for AED 37,950 to 72,000 a year. 508's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026600,000
8 Jun 2026660,000
11 Mar 2026730,000
17 Feb 2026760,000
8 studio sales in the last 12 months

Azizi Riviera 4

Building

28 apartments, studios to 3-bed over 9 floors in Meydan One, completed in 2022 by Azizi Developments. 10 sold in the last 12 months.

Typical price per sqft
AED 1,900 Up 8.9%
Typical sale
AED 725K
Typical rent
AED 53K /yr
Typical yield
6.4%
Azizi Riviera 4, Meydan One: prices, sales and rents →

508, Azizi Riviera 4 in numbers

  • Sold twice: first on 28 May 2018 for AED 570,052, last on 10 April 2023 for AED 561,600 (AED 1,503 per sqft).
  • Rented since June 2023 on 2 Ejari contracts, from AED 42,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2023 price is 8.6%.
  • Studios in Azizi Riviera 4 sold for AED 600,000–775,000 in the 12 months to November 2026; the building's median across all types is AED 1,900 per sqft.

Source: Dubai Land Department. Updated 1 June 2024.

Questions about 508, Azizi Riviera 4

What did unit 508 last sell for?

AED 561,600 on 10 April 2023: AED 1,503 per sqft for 374 sqft. The unit has 2 registered sales; the first was AED 570,052 in May 2018.

What is the rent for unit 508?

AED 48,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 42,000.

How big is unit 508?

374 sqft (34.7 sqm): a studio of a 9-storey tower completed in 2022.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 4 sold for AED 600,000 to 775,000 in the last 12 months, around AED 1,900 per sqft.

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Mortgage on 508, Azizi Riviera 4

Starts from the last sale price (AED 562K, 10 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 561,600
Deposit, UAE resident (20%)
AED 112,320
Deposit, non-resident (40%)
AED 224,640
Monthly over 25 years at 3.7%
AED 2,298

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