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Studio · 378 sqftAzizi Riviera 48, Meydan One · 7th floor · completed 2024

724, Azizi Riviera 48

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

Unit 724 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 860K30 May 2024
Current rentAED 50K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 724, Azizi Riviera 48

What is 724 worth today?

Last sold for AED 860,310 in 2024

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1 Nov 2024RentedNew contract
AED 50,000/yr12 months · AED 133 per sqft
30 May 2024Sold by developerOff-plan
AED 860,310AED 2,274 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
Studio apartment
Size
378 sqft
Floor
7th of 10
Parking
1
Developer
Azizi Developments
Completed
2024
Last sold
AED 860K · May 2024
Building
Azizi Riviera 48

About 724, Azizi Riviera 48

724 is a studio of 378 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 30 May 2024 for AED 860,310, or AED 2,274 per sqft, 22% above the AED 1,869 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, signed on 1 November 2024, is AED 50,000 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for 724 over time

Sales
Unit 724, each saleTypical studio in Azizi Riviera 48
600K800K20192021202320252027Typical 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, May 2024: AED 860,310 (AED 2,274 per sqft)

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

Rents
Unit 724, each contractTypical studio in Azizi Riviera 48
45K48K50K2024202520262027Typical rent by year: 2024 AED 45,000; 2025 AED 50,000; 2026 AED 45,000New contract, November 2024: AED 50,000 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 724 sits

All 218 studios →

724 last sold in May 2024 at AED 2,274 per sqft, 22% above what studios in Azizi Riviera 48 were fetching at the time (AED 1,869). 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. 724's AED 50,000 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 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

724, Azizi Riviera 48 in numbers

  • Sold once: by Azizi Developments on 30 May 2024 for AED 860,310, or AED 2,274 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 5.8%.
  • 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 November 2024.

Questions about 724, Azizi Riviera 48

What did unit 724 last sell for?

AED 860,310 on 30 May 2024, sold by the developer: AED 2,274 per sqft for 378 sqft. It is the only registered sale of the unit.

What is the rent for unit 724?

AED 50,000 a year on the contract signed on 1 November 2024.

How big is unit 724?

378 sqft (35.1 sqm): a studio on the 7th floor of a 10-storey tower completed in 2024.

What is unit 724 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 724, Azizi Riviera 48

Starts from the last sale price (AED 860K, 30 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 860,310
Deposit, UAE resident (20%)
AED 172,062
Deposit, non-resident (40%)
AED 344,124
Monthly over 25 years at 3.7%
AED 3,520

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