Studio · 315 sqftAzizi Riviera 40, Meydan One · 4th floor · completed 2024

409, Azizi Riviera 40

Sold prices and rental history: sold twice, last in November 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 534K21 November 2024
Current rentAED 50K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Azizi Riviera 40

What is 409 worth today?

Last sold for AED 534,000 in 2024

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1 Feb 2026RentedRenewal
AED 50,000/yr12 months · AED 160 per sqft
1 Feb 2025RentedNew contract
AED 62,000/yr12 months · AED 199 per sqft
1 Feb 2025RentedNew contract
AED 62,000/yr12 months · AED 199 per sqft
21 Nov 2024SoldReady
AED 534,000AED 1,696 per sqft
12 May 2024Sold by developerOff-plan
AED 534,202AED 1,706 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
315 sqft
Floor
4th of 10
Parking
B2-28
Developer
Azizi Developments
Completed
2024
Last sold
AED 534K · November 2024

About 409, Azizi Riviera 40

409 is a studio of 315 sqft on the 4th floor of Azizi Riviera 40, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. It last sold on 21 November 2024 for AED 534,000, or AED 1,696 per sqft, in line with the AED 1,708 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 50,000 a year: a gross yield of 9.4% on the 2024 price.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical studio in Azizi Riviera 40
500K600K700K20192021202320252027Typical sale price by year: 2019 AED 516,665; 2021 AED 528,280; 2022 AED 604,800; 2023 AED 572,050; 2024 AED 539,322; 2025 AED 680,000; 2026 AED 615,000Sold by developer, May 2024: AED 534,202 (AED 1,706 per sqft)Sold, November 2024: AED 534,000 (AED 1,696 per sqft)

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

Rents
Unit 409, each contractTypical studio in Azizi Riviera 40
50K60K2024202520262027Typical rent by year: 2024 AED 46,500; 2025 AED 50,000; 2026 AED 46,500New contract, February 2025: AED 62,000 a yearNew contract, February 2025: AED 62,000 a yearRenewal, February 2026: 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 40, and where 409 sits

All 70 studios →

409 last sold in November 2024 at AED 1,696 per sqft, in line with what studios in Azizi Riviera 40 were fetching at the time (AED 1,708). Over the last 12 months studios sold for AED 580,000 to 730,000, around AED 1,941 per sqft, and rent for AED 37,000 to 84,000 a year. 409's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Oct 2026605,000
29 Sep 2026730,000
15 Sep 2026580,000
9 Jan 2026625,000
4 studio sales in the last 12 months

Azizi Riviera 40

Building

148 apartments, studios to 3-bed over 10 floors in Meydan One, completed in 2024 by Azizi Developments. 7 sold in the last 12 months.

Typical price per sqft
AED 1,913
Typical sale
AED 730K
Typical rent
AED 69K /yr
Typical yield
7.2%
Azizi Riviera 40, Meydan One: prices, sales and rents →

Other units on the 4th floor

All 148 units in Azizi Riviera 40
Value
4011-bedAED 793K · Jun 2021
4021-bedAED 1.15M · Apr 2024
4033-bedAED 2.9M · Mar 2025
404StudioAED 532K · Jun 2024
4052-bedAED 1.21M · Jun 2021
406StudioAED 610K · Jun 2024
407StudioAED 780K · Oct 2025
1–7 of 14

409, Azizi Riviera 40 in numbers

  • Sold twice: first on 12 May 2024 for AED 534,202, last on 21 November 2024 for AED 534,000 (AED 1,696 per sqft).
  • Rented since February 2025 on 3 Ejari contracts, from AED 62,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 9.4%.
  • Studios in Azizi Riviera 40 sold for AED 580,000–730,000 in the 12 months to November 2026; the building's median across all types is AED 1,913 per sqft.

Source: Dubai Land Department. Updated 1 February 2026.

Questions about 409, Azizi Riviera 40

What did unit 409 last sell for?

AED 534,000 on 21 November 2024: AED 1,696 per sqft for 315 sqft. The unit has 2 registered sales; the first was AED 534,202 in May 2024.

What is the rent for unit 409?

AED 50,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 62,000; the unit has been rented since February 2025.

How big is unit 409?

315 sqft (29.3 sqm): a studio on the 4th floor of a 10-storey tower completed in 2024.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 40 sold for AED 580,000 to 730,000 in the last 12 months, around AED 1,941 per sqft.

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Mortgage on 409, Azizi Riviera 40

Starts from the last sale price (AED 534K, 21 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 534,000
Deposit, UAE resident (20%)
AED 106,800
Deposit, non-resident (40%)
AED 213,600
Monthly over 25 years at 3.7%
AED 2,185

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