1-bed · 720 sqftAzizi Riviera 5, Meydan One · completed 2023

316, Azizi Riviera 5

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

Unit 316 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 950K15 March 2023
Current rentAED 85K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Azizi Riviera 5

What is 316 worth today?

Last sold for AED 950,000 in 2023

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1 Nov 2024RentedNew contract
AED 85,000/yr12 months · AED 119 per sqft
15 Mar 2023SoldOff-plan
AED 950,000AED 1,318 per sqft
2 Mar 2023Sold by developerOff-plan
AED 977,919AED 1,357 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
720 sqft
Parking
B1-23
Developer
Azizi Developments
Completed
2023
Last sold
AED 950K · March 2023

About 316, Azizi Riviera 5

316 is a one-bedroom apartment of 720 sqft of Azizi Riviera 5, a 9-storey tower in Meydan One completed in 2023 by Azizi Developments. It last sold on 15 March 2023 for AED 950,000, or AED 1,318 per sqft, 11% above the AED 1,184 one-beds 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 85,000 a year: a gross yield of 8.9% on the 2023 price.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical one-bed in Azizi Riviera 5
800K1M1.2M2017202020232026Typical sale price by year: 2017 AED 947,643; 2018 AED 958,340; 2019 AED 803,880; 2020 AED 847,320; 2021 AED 928,620; 2022 AED 980,000; 2023 AED 1,028,185; 2024 AED 1,140,000; 2025 AED 1,142,160Sold, March 2023: AED 950,000 (AED 1,318 per sqft)Sold by developer, March 2023: AED 977,919 (AED 1,357 per sqft)

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

Rents
Unit 316, each contractTypical one-bed in Azizi Riviera 5
80K20232024202520262027Typical rent by year: 2023 AED 72,500; 2024 AED 77,500; 2025 AED 82,000; 2026 AED 80,000New contract, November 2024: AED 85,000 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 5, and where 316 sits

All 74 1-beds →

316 last sold in March 2023 at AED 1,318 per sqft, 11% above what one-beds in Azizi Riviera 5 were fetching at the time (AED 1,184). Over the last 12 months one-beds sold for AED 1,190,000 to 1,250,000, around AED 1,637 per sqft, and rent for AED 65,000 to 100,000 a year. 316's AED 85,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 20261,190,000
7 May 20261,209,979
15 Dec 20251,200,000
10 Dec 20251,250,000
4 1-bed 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 →

316, Azizi Riviera 5 in numbers

  • Sold twice: first on 2 March 2023 for AED 977,919, last on 15 March 2023 for AED 950,000 (AED 1,318 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 8.9%.
  • One-beds in Azizi Riviera 5 sold for AED 1,190,000–1,250,000 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 1 November 2024.

Questions about 316, Azizi Riviera 5

What did unit 316 last sell for?

AED 950,000 on 15 March 2023: AED 1,318 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 977,919 in March 2023.

What is the rent for unit 316?

AED 85,000 a year on the contract signed on 1 November 2024.

How big is unit 316?

720 sqft (66.9 sqm): a one-bedroom apartment of a 9-storey tower completed in 2023.

What is unit 316 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 5 sold for AED 1,190,000 to 1,250,000 in the last 12 months, around AED 1,637 per sqft.

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Mortgage on 316, Azizi Riviera 5

Starts from the last sale price (AED 950K, 15 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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