408, Azizi Riviera 5
Sold prices and rental history: sold once, by the developer in June 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Azizi Riviera 5
What is 408 worth today?
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Source: Dubai Land Department. Updated 15 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 385 sqft
- Parking
- B2-73
- Developer
- Azizi Developments
- Completed
- 2023
- Last sold
- AED 556K · June 2023
- Building
- Azizi Riviera 5
About 408, Azizi Riviera 5
408 is a studio of 385 sqft of Azizi Riviera 5, a 9-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 7 June 2023 for AED 556,054, or AED 1,445 per sqft, in line with the AED 1,460 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 52,000 a year: a gross yield of 9.3% on the 2023 price.
Sales and rents for 408 over time
408 has sold once; 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 408 sits
All 118 studios →408 last sold in June 2023 at AED 1,445 per sqft, in line with what studios in Azizi Riviera 5 were fetching at the time (AED 1,460). 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. 408's AED 52,000 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%
408, Azizi Riviera 5 in numbers
- Sold once: by Azizi Developments on 7 June 2023 for AED 556,054, or AED 1,445 per sqft.
- Rented since September 2024 on 2 Ejari contracts, from AED 47,250 to AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2023 price is 9.3%.
- 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 15 September 2025.
Questions about 408, Azizi Riviera 5
What did unit 408 last sell for?
AED 556,054 on 7 June 2023, sold by the developer: AED 1,445 per sqft for 385 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 52,000 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 47,250.
How big is unit 408?
385 sqft (35.8 sqm): a studio of a 9-storey tower completed in 2023.
What is unit 408 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 408, Azizi Riviera 5
Starts from the last sale price (AED 556K, 7 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 556,054
- Deposit, UAE resident (20%)
- AED 111,211
- Deposit, non-resident (40%)
- AED 222,422
- Monthly over 25 years at 3.7%
- AED 2,275
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →