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1-bed · 610 sqftAzizi Riviera 48, Meydan One · 7th floor · completed 2024

721, Azizi Riviera 48

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

Unit 721 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 862K29 May 2024
Current rentAED 68K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 721, Azizi Riviera 48

What is 721 worth today?

Last sold for AED 862,170 in 2024

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1 Sep 2024RentedNew contract
AED 68,000/yr12 months · AED 111 per sqft
29 May 2024Sold by developerOff-plan
AED 862,170AED 1,412 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
610 sqft
Floor
7th of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 862K · May 2024
Building
Azizi Riviera 48

About 721, Azizi Riviera 48

721 is a one-bedroom apartment of 610 sqft on the 7th floor of Azizi Riviera 48, a 10-storey tower in Meydan One completed in 2024 by Azizi Developments. The developer sold it on 29 May 2024 for AED 862,170, or AED 1,412 per sqft, 12% below the AED 1,607 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 68,000 a year: a gross yield of 7.9% on the 2024 price.

Sales and rents for 721 over time

Sales
Unit 721, each saleTypical one-bed in Azizi Riviera 48
800K1M1.2M20192021202320252027Typical sale price by year: 2019 AED 755,293; 2021 AED 801,623; 2022 AED 895,900; 2023 AED 890,421; 2024 AED 859,600; 2025 AED 1,080,000; 2026 AED 1,156,620Sold by developer, May 2024: AED 862,170 (AED 1,412 per sqft)

721 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 721, each contractTypical one-bed in Azizi Riviera 48
65K70K75K2024202520262027Typical rent by year: 2024 AED 70,000; 2025 AED 75,000; 2026 AED 66,000New contract, September 2024: AED 68,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Azizi Riviera 48, and where 721 sits

All 70 1-beds →

721 last sold in May 2024 at AED 1,412 per sqft, 12% below what one-beds in Azizi Riviera 48 were fetching at the time (AED 1,607). Over the last 12 months one-beds sold for AED 861,420 to 1,508,640, around AED 1,895 per sqft, and rent for AED 46,000 to 96,000 a year. 721's AED 68,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jul 20261,156,620
9 Feb 20261,508,640
4 Feb 2026861,420
28 May 20251,080,000
3 1-bed 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 7th floor

All 308 units in Azizi Riviera 48
Value
7011-bedAED 936K · May 2024
702StudioAED 556K · Jun 2024
7031-bedAED 826K · May 2024
7041-bedAED 926K · May 2024
7051-bedAED 809K · Sep 2019
706StudioAED 553K · Jun 2019
707StudioAED 570K · Aug 2022
1–7 of 30

721, Azizi Riviera 48 in numbers

  • Sold once: by Azizi Developments on 29 May 2024 for AED 862,170, or AED 1,412 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2024 price is 7.9%.
  • One-beds in Azizi Riviera 48 sold for AED 861,420–1,508,640 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 September 2024.

Questions about 721, Azizi Riviera 48

What did unit 721 last sell for?

AED 862,170 on 29 May 2024, sold by the developer: AED 1,412 per sqft for 610 sqft. It is the only registered sale of the unit.

What is the rent for unit 721?

AED 68,000 a year on the contract signed on 1 September 2024.

How big is unit 721?

610 sqft (56.7 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2024.

What is unit 721 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azizi Riviera 48 sold for AED 861,420 to 1,508,640 in the last 12 months, around AED 1,895 per sqft.

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Mortgage on 721, Azizi Riviera 48

Starts from the last sale price (AED 862K, 29 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 862,170
Deposit, UAE resident (20%)
AED 172,434
Deposit, non-resident (40%)
AED 344,868
Monthly over 25 years at 3.7%
AED 3,527

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