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Studio · 311 sqftAzizi Riviera 48, Meydan One · 5th floor · completed 2024

506, Azizi Riviera 48

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 556K12 August 2022
Current rentAED 45K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Azizi Riviera 48

What is 506 worth today?

Last sold for AED 555,840 in 2022

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20 Nov 2025RentedRenewal
AED 45,000/yr12 months · AED 144 per sqft
20 Nov 2024RentedNew contract
AED 55,000/yr12 months · AED 176 per sqft
12 Aug 2022Sold by developerOff-plan
AED 555,840AED 1,787 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
Studio apartment
Size
311 sqft
Floor
5th of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 556K · August 2022
Building
Azizi Riviera 48

About 506, Azizi Riviera 48

506 is a studio of 311 sqft on the 5th floor of Azizi Riviera 48, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. The developer sold it on 12 August 2022 for AED 555,840, or AED 1,787 per sqft, in line with the AED 1,787 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 20 November 2025, is AED 45,000 a year: a gross yield of 8.1% on the 2022 price.

Sales and rents for 506 over time

Sales
Unit 506, 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, August 2022: AED 555,840 (AED 1,787 per sqft)

506 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 506, each contractTypical studio in Azizi Riviera 48
45K50K55K2024202520262027Typical rent by year: 2024 AED 45,000; 2025 AED 50,000; 2026 AED 45,000New contract, November 2024: AED 55,000 a yearRenewal, November 2025: AED 45,000 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 506 sits

All 218 studios →

506 last sold in August 2022 at AED 1,787 per sqft, in line with what studios in Azizi Riviera 48 were fetching at the time (AED 1,787). 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. 506's AED 45,000 is in the lower 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 5th floor

All 308 units in Azizi Riviera 48
Value
5011-bedAED 780K · Oct 2023
502StudioAED 400K · May 2026
5031-bedAED 741K · Jun 2024
5041-bedAED 1.15M · Sep 2024
5051-bedAED 853K · Jun 2024
507StudioAED 551K · Jun 2024
508StudioAED 655K · Jun 2025
1–7 of 30

506, Azizi Riviera 48 in numbers

  • Sold once: by Azizi Developments on 12 August 2022 for AED 555,840, or AED 1,787 per sqft.
  • Rented since November 2024 on 2 Ejari contracts, from AED 55,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 8.1%.
  • 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 20 November 2025.

Questions about 506, Azizi Riviera 48

What did unit 506 last sell for?

AED 555,840 on 12 August 2022, sold by the developer: AED 1,787 per sqft for 311 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 45,000 a year on the contract renewed on 20 November 2025. The previous contract, from November 2024, was AED 55,000.

How big is unit 506?

311 sqft (28.9 sqm): a studio on the 5th floor of a 10-storey tower completed in 2024.

What is unit 506 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 506, Azizi Riviera 48

Starts from the last sale price (AED 556K, 12 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 555,840
Deposit, UAE resident (20%)
AED 111,168
Deposit, non-resident (40%)
AED 222,336
Monthly over 25 years at 3.7%
AED 2,274

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