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Studio · 299 sqftAzizi Riviera 48, Meydan One · 4th floor · completed 2024

408, Azizi Riviera 48

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

Unit 408 · DLD and Ejari recordsUpdated 14 December 2024
Last soldAED 825K31 May 2024
Current rentAED 65K /yr14 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Azizi Riviera 48

What is 408 worth today?

Last sold for AED 825,240 in 2024

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14 Dec 2024RentedNew contract
AED 65,000/yr12 months · AED 216 per sqft
31 May 2024SoldOff-plan
AED 825,240AED 2,761 per sqft
27 Jun 2021Sold by developerOff-plan
AED 550,000AED 1,815 per sqft

Source: Dubai Land Department. Updated 14 December 2024.

Key facts

Type
Studio apartment
Size
299 sqft
Floor
4th of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 825K · May 2024
Building
Azizi Riviera 48

About 408, Azizi Riviera 48

408 is a studio of 299 sqft on the 4th floor of Azizi Riviera 48, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. It last sold on 31 May 2024 for AED 825,240, or AED 2,761 per sqft, 48% above the AED 1,867 studios in the building were fetching at the time.

One Ejari contract is registered, from 14 December 2024. The current contract, signed on 14 December 2024, is AED 65,000 a year: a gross yield of 7.9% on the 2024 price.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Azizi Riviera 48
600K800K20192021202320252027Typical 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 2021: AED 550,000 (AED 1,815 per sqft)Sold, May 2024: AED 825,240 (AED 2,761 per sqft)

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

Rents
Unit 408, each contractTypical studio in Azizi Riviera 48
50K60K2024202520262027Typical rent by year: 2024 AED 45,000; 2025 AED 50,000; 2026 AED 45,000New contract, December 2024: AED 65,000 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 408 sits

All 218 studios →

408 last sold in May 2024 at AED 2,761 per sqft, 48% above what studios in Azizi Riviera 48 were fetching at the time (AED 1,867). 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. 408's AED 65,000 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 4th floor

All 308 units in Azizi Riviera 48
Value
4011-bedAED 891K · May 2024
402StudioAED 724K · May 2024
4031-bedAED 860K · Sep 2024
4041-bedAED 1.43M · May 2024
4051-bedAED 783K · Jun 2024
406StudioAED 660K · Feb 2026
407StudioAED 540K · Aug 2023
1–7 of 30

408, Azizi Riviera 48 in numbers

  • Sold twice: first on 27 June 2021 for AED 550,000, last on 31 May 2024 for AED 825,240 (AED 2,761 per sqft).
  • Rented since December 2024 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 7.9%.
  • 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 14 December 2024.

Questions about 408, Azizi Riviera 48

What did unit 408 last sell for?

AED 825,240 on 31 May 2024: AED 2,761 per sqft for 299 sqft. The unit has 2 registered sales; the first was AED 550,000 in June 2021.

What is the rent for unit 408?

AED 65,000 a year on the contract signed on 14 December 2024.

How big is unit 408?

299 sqft (27.8 sqm): a studio on the 4th floor of a 10-storey tower completed in 2024.

What is unit 408 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 408, Azizi Riviera 48

Starts from the last sale price (AED 825K, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 825,240
Deposit, UAE resident (20%)
AED 165,048
Deposit, non-resident (40%)
AED 330,096
Monthly over 25 years at 3.7%
AED 3,376

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