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Studio · 322 sqftAzizi Riviera 48, Meydan One · 5th floor · completed 2024

516, Azizi Riviera 48

Sold prices and rental history: sold twice, last in December 2024, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 646K12 December 2024
Current rentAED 60K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 516, Azizi Riviera 48

What is 516 worth today?

Last sold for AED 646,391 in 2024

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1 Mar 2026RentedNew contract
AED 60,000/yr12 months · AED 186 per sqft
12 Dec 2024SoldReady
AED 646,391AED 2,009 per sqft
28 Jun 2021Sold by developerOff-plan
AED 585,000AED 1,811 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
Studio apartment
Size
322 sqft
Floor
5th of 10
Parking
B2-33
Developer
Azizi Developments
Completed
2024
Last sold
AED 646K · December 2024
Building
Azizi Riviera 48

About 516, Azizi Riviera 48

516 is a studio of 322 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 12 December 2024 for AED 646,391, or AED 2,009 per sqft, 12% above the AED 1,795 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2026. The current contract, signed on 1 March 2026, is AED 60,000 a year: a gross yield of 9.3% on the 2024 price.

Sales and rents for 516 over time

Sales
Unit 516, 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 2021: AED 585,000 (AED 1,811 per sqft)Sold, December 2024: AED 646,391 (AED 2,009 per sqft)

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

Rents
Unit 516, each contractTypical studio in Azizi Riviera 48
50K60K2024202520262027Typical rent by year: 2024 AED 45,000; 2025 AED 50,000; 2026 AED 45,000New contract, March 2026: 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 516 sits

All 218 studios →

516 last sold in December 2024 at AED 2,009 per sqft, 12% above what studios in Azizi Riviera 48 were fetching at the time (AED 1,795). 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. 516'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 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

516, Azizi Riviera 48 in numbers

  • Sold twice: first on 28 June 2021 for AED 585,000, last on 12 December 2024 for AED 646,391 (AED 2,009 per sqft).
  • Rented since March 2026 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 9.3%.
  • 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 March 2026.

Questions about 516, Azizi Riviera 48

What did unit 516 last sell for?

AED 646,391 on 12 December 2024: AED 2,009 per sqft for 322 sqft. The unit has 2 registered sales; the first was AED 585,000 in June 2021.

What is the rent for unit 516?

AED 60,000 a year on the contract signed on 1 March 2026.

How big is unit 516?

322 sqft (29.9 sqm): a studio on the 5th floor of a 10-storey tower completed in 2024.

What is unit 516 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 516, Azizi Riviera 48

Starts from the last sale price (AED 646K, 12 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 646,391
Deposit, UAE resident (20%)
AED 129,278
Deposit, non-resident (40%)
AED 258,556
Monthly over 25 years at 3.7%
AED 2,645

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