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Studio · 304 sqftAzizi Riviera 48, Meydan One · 5th floor · completed 2024

507, Azizi Riviera 48

Sold prices and rental history: sold once, by the developer in June 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 507 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 551K7 June 2024
Current rentAED 40K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Azizi Riviera 48

What is 507 worth today?

Last sold for AED 550,530 in 2024

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1 Dec 2024RentedNew contract
AED 40,000/yr12 months · AED 133 per sqft
7 Jun 2024Sold by developerOff-plan
AED 550,530AED 1,813 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
Studio apartment
Size
304 sqft
Floor
5th of 10
Parking
B2-73
Developer
Azizi Developments
Completed
2024
Last sold
AED 551K · June 2024
Building
Azizi Riviera 48

About 507, Azizi Riviera 48

507 is a studio of 304 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 7 June 2024 for AED 550,530, or AED 1,813 per sqft, in line with the AED 1,826 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2024. The current contract, signed on 1 December 2024, is AED 40,000 a year: a gross yield of 7.3% on the 2024 price.

Sales and rents for 507 over time

Sales
Unit 507, 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, June 2024: AED 550,530 (AED 1,813 per sqft)

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

Rents
Unit 507, each contractTypical studio in Azizi Riviera 48
40K45K50K2024202520262027Typical rent by year: 2024 AED 45,000; 2025 AED 50,000; 2026 AED 45,000New contract, December 2024: AED 40,000 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 507 sits

All 218 studios →

507 last sold in June 2024 at AED 1,813 per sqft, in line with what studios in Azizi Riviera 48 were fetching at the time (AED 1,826). 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. 507's AED 40,000 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
506StudioAED 556K · Aug 2022
508StudioAED 655K · Jun 2025
1–7 of 30

507, Azizi Riviera 48 in numbers

  • Sold once: by Azizi Developments on 7 June 2024 for AED 550,530, or AED 1,813 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 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 1 December 2024.

Questions about 507, Azizi Riviera 48

What did unit 507 last sell for?

AED 550,530 on 7 June 2024, sold by the developer: AED 1,813 per sqft for 304 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 40,000 a year on the contract signed on 1 December 2024.

How big is unit 507?

304 sqft (28.2 sqm): a studio on the 5th floor of a 10-storey tower completed in 2024.

What is unit 507 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 507, Azizi Riviera 48

Starts from the last sale price (AED 551K, 7 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 550,530
Deposit, UAE resident (20%)
AED 110,106
Deposit, non-resident (40%)
AED 220,212
Monthly over 25 years at 3.7%
AED 2,252

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