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Studio · 298 sqftAzizi Riviera 48, Meydan One · 5th floor · completed 2024

509, Azizi Riviera 48

Sold prices and rental history: sold once, by the developer in August 2024, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 15 June 2025
Last soldAED 595K12 August 2024
Current rentAED 48K /yr15 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, Azizi Riviera 48

What is 509 worth today?

Last sold for AED 595,440 in 2024

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15 Jun 2025RentedNew contract
AED 48,000/yr12 months · AED 159 per sqft
12 Aug 2024Sold by developerOff-plan
AED 595,440AED 2,000 per sqft

Source: Dubai Land Department. Updated 15 June 2025.

Key facts

Type
Studio apartment
Size
298 sqft
Floor
5th of 10
Parking
B2-95
Developer
Azizi Developments
Completed
2024
Last sold
AED 595K · August 2024
Building
Azizi Riviera 48

About 509, Azizi Riviera 48

509 is a studio of 298 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 2024 for AED 595,440, or AED 2,000 per sqft, 11% above the AED 1,803 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 June 2025. The current contract, signed on 15 June 2025, is AED 48,000 a year: a gross yield of 8.1% on the 2024 price.

Sales and rents for 509 over time

Sales
Unit 509, 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 2024: AED 595,440 (AED 2,000 per sqft)

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

Rents
Unit 509, each contractTypical studio in Azizi Riviera 48
45K48K50K2024202520262027Typical rent by year: 2024 AED 45,000; 2025 AED 50,000; 2026 AED 45,000New contract, June 2025: AED 48,000 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 509 sits

All 218 studios →

509 last sold in August 2024 at AED 2,000 per sqft, 11% above what studios in Azizi Riviera 48 were fetching at the time (AED 1,803). 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. 509's AED 48,000 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 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

509, Azizi Riviera 48 in numbers

  • Sold once: by Azizi Developments on 12 August 2024 for AED 595,440, or AED 2,000 per sqft.
  • Rented since June 2025 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2024 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 15 June 2025.

Questions about 509, Azizi Riviera 48

What did unit 509 last sell for?

AED 595,440 on 12 August 2024, sold by the developer: AED 2,000 per sqft for 298 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 48,000 a year on the contract signed on 15 June 2025.

How big is unit 509?

298 sqft (27.7 sqm): a studio on the 5th floor of a 10-storey tower completed in 2024.

What is unit 509 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 509, Azizi Riviera 48

Starts from the last sale price (AED 595K, 12 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 595,440
Deposit, UAE resident (20%)
AED 119,088
Deposit, non-resident (40%)
AED 238,176
Monthly over 25 years at 3.7%
AED 2,436

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