Studio · 380 sqftAzizi Riviera 5, Meydan One · completed 2023

523, 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.

Unit 523 · DLD and Ejari recordsUpdated 30 July 2025
Last soldAED 554K6 June 2023
Current rentAED 52K /yr30 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Azizi Riviera 5

What is 523 worth today?

Last sold for AED 553,600 in 2023

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30 Jul 2025RentedNew contract
AED 52,000/yr12 months · AED 138 per sqft
1 Sep 2024RentedRenewal
AED 43,000/yr12 months · AED 114 per sqft
6 Jun 2023Sold by developerOff-plan
AED 553,600AED 1,457 per sqft

Source: Dubai Land Department. Updated 30 July 2025.

Key facts

Type
Studio apartment
Size
380 sqft
Parking
B2-80
Developer
Azizi Developments
Completed
2023
Last sold
AED 554K · June 2023

About 523, Azizi Riviera 5

523 is a studio of 380 sqft of Azizi Riviera 5, a 9-storey tower in Meydan One completed in 2023 by Azizi Developments. The developer sold it on 6 June 2023 for AED 553,600, or AED 1,457 per sqft, in line with the AED 1,466 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 30 July 2025, is AED 52,000 a year: a gross yield of 9.4% on the 2023 price.

Sales and rents for 523 over time

Sales
Unit 523, 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, June 2023: AED 553,600 (AED 1,457 per sqft)

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

Rents
Unit 523, each contractTypical studio in Azizi Riviera 5
45K50K20232024202520262027Typical rent by year: 2023 AED 50,000; 2024 AED 47,375; 2025 AED 52,000; 2026 AED 49,500Renewal, September 2024: AED 43,000 a yearNew contract, July 2025: AED 52,000 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 5, and where 523 sits

All 118 studios →

523 last sold in June 2023 at AED 1,457 per sqft, in line with what studios in Azizi Riviera 5 were fetching at the time (AED 1,466). 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. 523's AED 52,000 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 →

523, Azizi Riviera 5 in numbers

  • Sold once: by Azizi Developments on 6 June 2023 for AED 553,600, or AED 1,457 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, from AED 43,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2023 price is 9.4%.
  • 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 30 July 2025.

Questions about 523, Azizi Riviera 5

What did unit 523 last sell for?

AED 553,600 on 6 June 2023, sold by the developer: AED 1,457 per sqft for 380 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 52,000 a year on the contract signed on 30 July 2025. The previous contract, from September 2024, was AED 43,000.

How big is unit 523?

380 sqft (35.3 sqm): a studio of a 9-storey tower completed in 2023.

What is unit 523 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 523, Azizi Riviera 5

Starts from the last sale price (AED 554K, 6 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 553,600
Deposit, UAE resident (20%)
AED 110,720
Deposit, non-resident (40%)
AED 221,440
Monthly over 25 years at 3.7%
AED 2,265

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