406, Azizi Riviera 5
Sold prices and rental history: sold twice, last in February 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Azizi Riviera 5
What is 406 worth today?
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Source: Dubai Land Department. Updated 15 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 406 sqft
- Parking
- B1-88
- Developer
- Azizi Developments
- Completed
- 2023
- Last sold
- AED 700K · February 2023
- Building
- Azizi Riviera 5
About 406, Azizi Riviera 5
406 is a studio of 406 sqft of Azizi Riviera 5, a 9-storey tower in Meydan One completed in 2023 by Azizi Developments. It last sold on 22 February 2023 for AED 700,000, or AED 1,724 per sqft, 14% above the AED 1,508 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 50,000 a year: a gross yield of 7.1% on the 2023 price.
Sales and rents for 406 over time
406 has sold twice; the dashed line is the studio median of each year in the building.
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 406 sits
All 118 studios →406 last sold in February 2023 at AED 1,724 per sqft, 14% above what studios in Azizi Riviera 5 were fetching at the time (AED 1,508). 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. 406's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Aug 202631 August 2026 | 383 sqft | 710,000 | 1,853 | ||
| 17 Mar 202617 March 2026 | 379 sqft | 600,000 | 1,582 | ||
| 15 Jan 202615 January 2026 | 408 sqft | 735,000 | 1,802 | ||
| 12 Jan 202612 January 2026 | 379 sqft | 695,000 | 1,835 |
Azizi Riviera 5
Building13 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%
406, Azizi Riviera 5 in numbers
- Sold twice: first on 21 January 2018 for AED 592,979, last on 22 February 2023 for AED 700,000 (AED 1,724 per sqft).
- Rented since November 2023 on 2 Ejari contracts, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 7.1%.
- 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 15 November 2024.
Questions about 406, Azizi Riviera 5
What did unit 406 last sell for?
AED 700,000 on 22 February 2023: AED 1,724 per sqft for 406 sqft. The unit has 2 registered sales; the first was AED 592,979 in January 2018.
What is the rent for unit 406?
AED 50,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 50,000.
How big is unit 406?
406 sqft (37.7 sqm): a studio of a 9-storey tower completed in 2023.
What is unit 406 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 406, Azizi Riviera 5
Starts from the last sale price (AED 700K, 22 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →