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Studio · 353 sqftAzizi Riviera 48, Meydan One · 1st floor · completed 2024

118, Azizi Riviera 48

Sold prices and rental history: sold 3 times, last in April 2026, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 24 April 2026
Last soldAED 688K24 April 2026
Current rentAED 50K /yr18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118, Azizi Riviera 48

What is 118 worth today?

Last sold for AED 688,001 in 2026

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24 Apr 2026SoldReady
AED 688,001AED 1,948 per sqft
28 Jul 2025SoldReady
AED 626,581AED 1,774 per sqft
18 Nov 2024RentedNew contract
AED 50,000/yr12 months · AED 142 per sqft
21 Jun 2024Sold by developerOff-plan
AED 475,440AED 1,346 per sqft

Source: Dubai Land Department. Updated 24 April 2026.

Key facts

Type
Studio apartment
Size
353 sqft
Floor
1st of 10
Parking
B1-78
Developer
Azizi Developments
Completed
2024
Last sold
AED 688K · April 2026
Building
Azizi Riviera 48

About 118, Azizi Riviera 48

118 is a studio of 353 sqft on the 1st floor of Azizi Riviera 48, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. It last sold on 24 April 2026 for AED 688,001, or AED 1,948 per sqft, in line with the AED 2,001 studios in the building were fetching at the time.

One Ejari contract is registered, from 18 November 2024. The current contract, signed on 18 November 2024, is AED 50,000 a year: a gross yield of 7.3% on the 2026 price.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical studio in Azizi Riviera 48
500K600K700K20192021202320252027Typical sale price by year: 2019 AED 552,552; 2021 AED 562,320; 2022 AED 559,562; 2023 AED 603,420; 2024 AED 600,000; 2025 AED 657,500; 2026 AED 667,500Sold by developer, June 2024: AED 475,440 (AED 1,346 per sqft)Sold, July 2025: AED 626,581 (AED 1,774 per sqft)Sold, April 2026: AED 688,001 (AED 1,948 per sqft)

118 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 118, each contractTypical studio in Azizi Riviera 48
45K48K50K2024202520262027Typical rent by year: 2024 AED 45,000; 2025 AED 50,000; 2026 AED 45,000New contract, November 2024: 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 48, and where 118 sits

All 218 studios →

118 last sold in April 2026 at AED 1,948 per sqft, in line with what studios in Azizi Riviera 48 were fetching at the time (AED 2,001). Over the last 12 months studios sold for AED 400,000 to 760,000, around AED 1,948 per sqft, and rent for AED 16,667 to 78,000 a year. 118's AED 50,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Sep 2026675,000
7 Sep 2026606,400
27 Aug 2026615,000
28 Jul 2026612,000
13 studio sales in the last 12 months

Azizi Riviera 48

Building

308 apartments, studios to 3-bed over 10 floors in Meydan One, completed in 2024 by Azizi Developments. 17 sold in the last 12 months.

Typical price per sqft
AED 1,895 Down 1.1%
Typical sale
AED 690K
Typical rent
AED 52K /yr
Typical yield
7.0%
Azizi Riviera 48, Meydan One: prices, sales and rents →

Other units on the 1st floor

All 308 units in Azizi Riviera 48
Value
1011-bedAED 1.42M · Oct 2023
102StudioAED 481K · Jul 2019
1031-bedAED 749K · Jul 2019
1041-bedAED 1M · May 2025
1051-bedAED 1.13M · Jun 2022
106StudioAED 563K · Jun 2024
107StudioAED 715K · Feb 2026
1–7 of 30

118, Azizi Riviera 48 in numbers

  • Sold 3 times: first on 21 June 2024 for AED 475,440, last on 24 April 2026 for AED 688,001 (AED 1,948 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2026 price is 7.3%.
  • Studios in Azizi Riviera 48 sold for AED 400,000–760,000 in the 12 months to November 2026; the building's median across all types is AED 1,895 per sqft.

Source: Dubai Land Department. Updated 24 April 2026.

Questions about 118, Azizi Riviera 48

What did unit 118 last sell for?

AED 688,001 on 24 April 2026: AED 1,948 per sqft for 353 sqft. The unit has 3 registered sales; the first was AED 475,440 in June 2024.

What is the rent for unit 118?

AED 50,000 a year on the contract signed on 18 November 2024.

How big is unit 118?

353 sqft (32.8 sqm): a studio on the 1st floor of a 10-storey tower completed in 2024.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 48 sold for AED 400,000 to 760,000 in the last 12 months, around AED 1,948 per sqft.

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Mortgage on 118, Azizi Riviera 48

Starts from the last sale price (AED 688K, 24 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 688,001
Deposit, UAE resident (20%)
AED 137,600
Deposit, non-resident (40%)
AED 275,200
Monthly over 25 years at 3.7%
AED 2,815

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