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

723, Azizi Riviera 5

Sold prices and rental history: sold once, by the developer in May 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 723 · DLD and Ejari recordsUpdated 25 August 2026
Last soldAED 558K20 May 2018
Current rentAED 46K /yr25 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 723, Azizi Riviera 5

What is 723 worth today?

Last sold for AED 558,404 in 2018

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25 Aug 2026RentedNew contract
AED 46,000/yr12 months · AED 122 per sqft
25 Aug 2025RentedRenewal
AED 46,000/yr12 months · AED 122 per sqft
25 Aug 2024RentedNew contract
AED 43,000/yr12 months · AED 114 per sqft
20 May 2018Sold by developerOff-plan
AED 558,404AED 1,470 per sqft

Source: Dubai Land Department. Updated 25 August 2026.

Key facts

Type
Studio apartment
Size
380 sqft
Parking
1
Developer
Azizi Developments
Completed
2023
Last sold
AED 558K · May 2018

About 723, Azizi Riviera 5

723 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 20 May 2018 for AED 558,404, or AED 1,470 per sqft, in line with the AED 1,470 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 25 August 2026, is AED 46,000 a year: a gross yield of 8.2% on the 2018 price.

Sales and rents for 723 over time

Sales
Unit 723, 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, May 2018: AED 558,404 (AED 1,470 per sqft)

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

Rents
Unit 723, each contractTypical studio in Azizi Riviera 5
45K50K202320252027Typical rent by year: 2023 AED 50,000; 2024 AED 47,375; 2025 AED 52,000; 2026 AED 49,500New contract, August 2024: AED 43,000 a yearRenewal, August 2025: AED 46,000 a yearNew contract, August 2026: AED 46,000 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 723 sits

All 118 studios →

723 last sold in May 2018 at AED 1,470 per sqft, in line with what studios in Azizi Riviera 5 were fetching at the time (AED 1,470). 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. 723's AED 46,000 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 →

723, Azizi Riviera 5 in numbers

  • Sold once: by Azizi Developments on 20 May 2018 for AED 558,404, or AED 1,470 per sqft.
  • Rented since August 2024 on 3 Ejari contracts, from AED 43,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2018 price is 8.2%.
  • 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 25 August 2026.

Questions about 723, Azizi Riviera 5

What did unit 723 last sell for?

AED 558,404 on 20 May 2018, sold by the developer: AED 1,470 per sqft for 380 sqft. It is the only registered sale of the unit.

What is the rent for unit 723?

AED 46,000 a year on the contract signed on 25 August 2026. The previous contract, from August 2025, was AED 46,000; the unit has been rented since August 2024.

How big is unit 723?

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

What is unit 723 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 723, Azizi Riviera 5

Starts from the last sale price (AED 558K, 20 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 558,404
Deposit, UAE resident (20%)
AED 111,681
Deposit, non-resident (40%)
AED 223,362
Monthly over 25 years at 3.7%
AED 2,285

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