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Azizi Riviera 24

A studio in Azizi Riviera 24 costs a median AED 615,000, rents long-let for AED 50,000/yr (7.04% gross), and returns 19.95% short-let at the assumed 80% occupancy — -0.3 pts vs Meydan One's 7.35% and +0.1 pts vs Dubai's 6.98% — from 27 sales and 118 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
10 in 12 months
Rental contracts · Studio
58 in 12 months
Buy
615,000AED
AED 1,708/sqft
Long-let
50,000AED
AED 140/sqft · 7.04%
Short-let
19.95%
AED 521/night · 1.49/sqft

Price per sqft: Median of 10 registered sales of ready units in the last 12 months, most recent July 2026.

Priced off the last 5 sales — most recent July 2026.

Yield spread
-0.3 pts
vs the Meydan One median for this unit type
Turnover upside
+5.6%
new tenants pay more than sitting ones — 18 renewals
AED/yr/sqft
AED 140
Sales
27
Rental contracts
118
Renewal rent
AED 47,350/yr
12 months
+3.0%

Based on 27 sales and 118 rental contracts in the last 24 months.

Azizi Riviera 24 is an apartment building in Meydan One, Dubai. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2019 to 2026, 484 registered sales in all — the 27 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 50,0001407.04%
-0.3 pts
118
1 bedAED 75,0001417.14%
+0.4 pts
49
3 bedAED 135,0001218.33%
+2.0 pts
13

Deltas compare each yield with the Meydan One median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.
  • 3 bed: Priced off the last 5 sales — most recent July 2025.

Short-let rates around Azizi Riviera 24

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio5211.49AED 122,704AED 50,0002.5×19.95%2+
1 bed4450.82AED 100,709AED 75,0001.3×10.07%2+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Studio: first Oct 2026, 1.06 AED/night/sqft; latest Sep 2027, 0.84 AED/night/sqft; peak Feb 2027, 1.45 AED/night/sqft. 1 bed: first Oct 2026, 0.72 AED/night/sqft; latest Sep 2027, 0.64 AED/night/sqft; peak Jan 2027, 0.95 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

13 resales in the last 12 months, against 56 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
8 Jul 2026Studio356AED 610,0001,712
8 Jun 2026Studio918AED 718,000782

2 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
27 Aug 20263 bed1,110AED 62,50056New
25 Aug 2026Studio408AED 47,040115New
23 Aug 2026Studio356AED 23,50066New
21 Aug 2026Studio459AED 45,00098New
21 Aug 2026Studio315AED 40,000127New
20 Aug 2026Studio371AED 42,000113New
20 Aug 20261 bed546AED 75,000137New
20 Aug 20261 bed597AED 72,000121New
15 Aug 2026Studio328AED 44,000134New
15 Aug 2026Studio328AED 40,000122New
10 Aug 2026Studio459AED 40,00087New
8 Aug 2026Studio369AED 48,500131Renewal
3 Aug 20261 bed597AED 79,786134New
1 Aug 20263 bed1,395AED 133,21095New
31 Jul 2026Studio371AED 41,000110New
30 Jul 2026Studio411AED 54,000132New
26 Jul 2026Studio319AED 42,000132New
24 Jul 20263 bed1,109AED 140,000126Renewal
20 Jul 2026Studio371AED 54,000145New
16 Jul 20261 bed566AED 65,000115New
13 Jul 2026Studio311AED 53,000170New
11 Jul 20261 bed471AED 75,000159Renewal
1 Jul 20261 bed541AED 70,000129New
1 Jul 20261 bed471AED 75,000159Renewal
17 Jun 2026Studio368AED 49,000133New
15 Jun 20261 bed549AED 70,000128New
15 Jun 2026Studio329AED 39,000119New
5 Jun 2026Studio369AED 50,000135New
5 Jun 20263 bed1,115AED 135,000121Renewal
5 Jun 20261 bed471AED 65,000138New
4 Jun 2026Studio383AED 52,000136New
2 Jun 20263 bed1,108AED 110,00099New
1 Jun 2026Studio368AED 47,000128New
1 Jun 2026Studio371AED 43,890118Renewal

34 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
12
Lifts
4
Parking bays
198
Swimming pools
1

Nearby

Metro
Burj Khalifa / Dubai Mall Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Meydan One, on the same figures over the same window.

Common questions

What is the rental yield in Azizi Riviera 24?
Azizi Riviera 24 returns 7.04% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 118 rental contracts registered in the last 24 months.
How much does a studio in Azizi Riviera 24 cost?
The median registered sale price is AED 615,000 (1,764 AED/sqft), from 27 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Azizi Riviera 24 selling for right now?
Registered sales of ready units in Azizi Riviera 24 over the last 12 months have a median of 1,708 AED/sqft, across 10 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Azizi Riviera 24 risen or fallen?
Median price per square foot moved -3.3% over the last 12 months against the 12 before it, on 27 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Azizi Riviera 24 compare with Meydan One?
Its 7.04% gross yield sits -0.3 pts against the Meydan One median of 7.35%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Azizi Riviera 24 rental record

Record type
Building-level property market record
Data date
Evidence base
118 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/meydan-one/azizi-riviera-24
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Azizi Riviera 24 rents and yield.” Meydan One, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/meydan-one/azizi-riviera-24.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.