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Studio · 327 sqftAzizi Riviera 48, Meydan One · 4th floor · completed 2024

412, Azizi Riviera 48

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

Unit 412 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 575K24 May 2024
Current rentAED 60K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 412, Azizi Riviera 48

What is 412 worth today?

Last sold for AED 575,000 in 2024

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1 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 184 per sqft
24 May 2024SoldOff-plan
AED 575,000AED 1,758 per sqft
11 Dec 2023Sold by developerOff-plan
AED 544,980AED 1,667 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
327 sqft
Floor
4th of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 575K · May 2024
Building
Azizi Riviera 48

About 412, Azizi Riviera 48

412 is a studio of 327 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 24 May 2024 for AED 575,000, or AED 1,758 per sqft, 5% below the AED 1,858 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 60,000 a year: a gross yield of 10.4% on the 2024 price.

Sales and rents for 412 over time

Sales
Unit 412, each saleTypical studio in Azizi Riviera 48
600K20192021202320252027Typical 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, December 2023: AED 544,980 (AED 1,667 per sqft)Sold, May 2024: AED 575,000 (AED 1,758 per sqft)

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

Rents
Unit 412, each contractTypical studio in Azizi Riviera 48
50K60K2024202520262027Typical rent by year: 2024 AED 45,000; 2025 AED 50,000; 2026 AED 45,000New contract, October 2024: AED 60,000 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 412 sits

All 218 studios →

412 last sold in May 2024 at AED 1,758 per sqft, 5% below what studios in Azizi Riviera 48 were fetching at the time (AED 1,858). 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. 412's AED 60,000 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

412, Azizi Riviera 48 in numbers

  • Sold twice: first on 11 December 2023 for AED 544,980, last on 24 May 2024 for AED 575,000 (AED 1,758 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 10.4%.
  • 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 1 October 2024.

Questions about 412, Azizi Riviera 48

What did unit 412 last sell for?

AED 575,000 on 24 May 2024: AED 1,758 per sqft for 327 sqft. The unit has 2 registered sales; the first was AED 544,980 in December 2023.

What is the rent for unit 412?

AED 60,000 a year on the contract signed on 1 October 2024.

How big is unit 412?

327 sqft (30.4 sqm): a studio on the 4th floor of a 10-storey tower completed in 2024.

What is unit 412 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 412, Azizi Riviera 48

Starts from the last sale price (AED 575K, 24 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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