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Studio · 299 sqftAzizi Riviera 48, Meydan One · 5th floor · completed 2024

508, Azizi Riviera 48

Sold prices and rental history: sold twice, last in June 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 655K25 June 2025
Current rentAED 40K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Azizi Riviera 48

What is 508 worth today?

Last sold for AED 655,000 in 2025

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1 Oct 2026RentedNew contract
AED 39,500/yr12 months · AED 131 per sqft
25 Jun 2025SoldReady
AED 655,000AED 2,192 per sqft
7 Nov 2024RentedNew contract
AED 48,000/yr12 months · AED 159 per sqft
7 Jun 2024Sold by developerOff-plan
AED 577,500AED 1,932 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
299 sqft
Floor
5th of 10
Parking
B2-92
Developer
Azizi Developments
Completed
2024
Last sold
AED 655K · June 2025
Building
Azizi Riviera 48

About 508, Azizi Riviera 48

508 is a studio of 299 sqft on the 5th floor of Azizi Riviera 48, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. It last sold on 25 June 2025 for AED 655,000, or AED 2,192 per sqft, 15% above the AED 1,903 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 October 2026, is AED 39,500 a year: a gross yield of 6.0% on the 2025 price.

Sales and rents for 508 over time

Sales
Unit 508, 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 577,500 (AED 1,932 per sqft)Sold, June 2025: AED 655,000 (AED 2,192 per sqft)

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

Rents
Unit 508, each contractTypical studio in Azizi Riviera 48
40K45K50K2024202520262027Typical rent by year: 2024 AED 45,000; 2025 AED 50,000; 2026 AED 45,000New contract, November 2024: AED 48,000 a yearNew contract, October 2026: AED 39,500 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 508 sits

All 218 studios →

508 last sold in June 2025 at AED 2,192 per sqft, 15% above what studios in Azizi Riviera 48 were fetching at the time (AED 1,903). 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. 508's AED 39,500 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
507StudioAED 551K · Jun 2024
1–7 of 30

508, Azizi Riviera 48 in numbers

  • Sold twice: first on 7 June 2024 for AED 577,500, last on 25 June 2025 for AED 655,000 (AED 2,192 per sqft).
  • Rented since November 2024 on 2 Ejari contracts, from AED 48,000 to AED 39,500 a year.
  • At AED 39,500 a year the gross yield on the 2025 price is 6.0%.
  • 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 2026.

Questions about 508, Azizi Riviera 48

What did unit 508 last sell for?

AED 655,000 on 25 June 2025: AED 2,192 per sqft for 299 sqft. The unit has 2 registered sales; the first was AED 577,500 in June 2024.

What is the rent for unit 508?

AED 39,500 a year on the contract signed on 1 October 2026. The previous contract, from November 2024, was AED 48,000.

How big is unit 508?

299 sqft (27.8 sqm): a studio on the 5th floor of a 10-storey tower completed in 2024.

What is unit 508 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 508, Azizi Riviera 48

Starts from the last sale price (AED 655K, 25 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 655,000
Deposit, UAE resident (20%)
AED 131,000
Deposit, non-resident (40%)
AED 262,000
Monthly over 25 years at 3.7%
AED 2,680

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