Studio · 384 sqftAzizi Riviera 5, Meydan One · completed 2023

311, Azizi Riviera 5

Sold prices and rental history: sold twice, last in February 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 29 September 2024
Last soldAED 600K9 February 2023
Current rentAED 50K /yr29 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Azizi Riviera 5

What is 311 worth today?

Last sold for AED 600,000 in 2023

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29 Sep 2024RentedNew contract
AED 49,862/yr12 months · AED 129 per sqft
9 Feb 2023SoldOff-plan
AED 600,000AED 1,564 per sqft
21 Dec 2017Sold by developerOff-plan
AED 554,213AED 1,576 per sqft

Source: Dubai Land Department. Updated 29 September 2024.

Key facts

Type
Studio apartment
Size
384 sqft
Parking
B2-78
Developer
Azizi Developments
Completed
2023
Last sold
AED 600K · February 2023

About 311, Azizi Riviera 5

311 is a studio of 384 sqft of Azizi Riviera 5, a 9-storey tower in Meydan One completed in 2023 by Azizi Developments. It last sold on 9 February 2023 for AED 600,000, or AED 1,564 per sqft, 8% above the AED 1,451 studios in the building were fetching at the time.

One Ejari contract is registered, from 29 September 2024. The current contract, signed on 29 September 2024, is AED 49,862 a year: a gross yield of 8.3% on the 2023 price.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical studio in Azizi Riviera 5
600K800K2017202020232026Typical sale price by year: 2017 AED 560,377; 2018 AED 566,827; 2019 AED 522,654; 2021 AED 562,695; 2022 AED 527,846; 2023 AED 587,377; 2024 AED 727,500; 2025 AED 800,000; 2026 AED 702,500Sold by developer, December 2017: AED 554,213 (AED 1,576 per sqft)Sold, February 2023: AED 600,000 (AED 1,564 per sqft)

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

Rents
Unit 311, each contractTypical studio in Azizi Riviera 5
48K50K53K20232024202520262027Typical rent by year: 2023 AED 50,000; 2024 AED 47,375; 2025 AED 52,000; 2026 AED 49,500New contract, September 2024: AED 49,862 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 5, and where 311 sits

All 118 studios →

311 last sold in February 2023 at AED 1,564 per sqft, 8% above what studios in Azizi Riviera 5 were fetching at the time (AED 1,451). Over the last 12 months studios sold for AED 600,000 to 1,139,500, around AED 1,968 per sqft, and rent for AED 40,000 to 72,000 a year. 311's AED 49,862 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
31 Aug 2026710,000
17 Mar 2026600,000
15 Jan 2026735,000
12 Jan 2026695,000
8 studio sales in the last 12 months

Azizi Riviera 5

Building

13 apartments, studios to 1-bed over 9 floors in Meydan One, completed in 2023 by Azizi Developments. 12 sold in the last 12 months.

Typical price per sqft
AED 1,819
Typical sale
AED 858K
Typical rent
AED 63K /yr
Typical yield
6.6%
Azizi Riviera 5, Meydan One: prices, sales and rents →

311, Azizi Riviera 5 in numbers

  • Sold twice: first on 21 December 2017 for AED 554,213, last on 9 February 2023 for AED 600,000 (AED 1,564 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 49,862 a year.
  • At AED 49,862 a year the gross yield on the 2023 price is 8.3%.
  • Studios in Azizi Riviera 5 sold for AED 600,000–1,139,500 in the 12 months to November 2026; the building's median across all types is AED 1,819 per sqft.

Source: Dubai Land Department. Updated 29 September 2024.

Questions about 311, Azizi Riviera 5

What did unit 311 last sell for?

AED 600,000 on 9 February 2023: AED 1,564 per sqft for 384 sqft. The unit has 2 registered sales; the first was AED 554,213 in December 2017.

What is the rent for unit 311?

AED 49,862 a year on the contract signed on 29 September 2024.

How big is unit 311?

384 sqft (35.7 sqm): a studio of a 9-storey tower completed in 2023.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 5 sold for AED 600,000 to 1,139,500 in the last 12 months, around AED 1,968 per sqft.

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Mortgage on 311, Azizi Riviera 5

Starts from the last sale price (AED 600K, 9 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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