What is the rental yield in Azizi Riviera 23?

Azizi Riviera 23 returns 8.20% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 131 rental contracts registered in the last 24 months.

How much does a studio in Azizi Riviera 23 cost?

The median registered sale price is AED 650,000 (1,806 AED/sqft), from 25 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Azizi Riviera 23 selling for right now?

Registered sales of ready units in Azizi Riviera 23 over the last 3 months have a median of 1,746 AED/sqft, across 6 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 23 risen or fallen?

Median price per square foot moved -3.6% over the last 12 months against the 12 before it, on 25 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Azizi Riviera 23 compare with Meydan One?

Its 8.20% gross yield sits +0.8 pts against the Meydan One median of 7.35%, computed at the same bedroom grain over the same 24-month window.

Azizi Riviera 23 — sale prices & yield

Buy: 650,000AED; AED 1,746/sqft
Long-let: 8.20%; AED 50,000/yr
Short-let: 11.71%; AED 333/night · 0.93/sqft

Price per sqft: Median of 6 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 6 sales in the last 3 months.

Yield spread: +0.8 pts; vs the Meydan One median for this unit type
Turnover upside: +4.2%; new tenants pay more than sitting ones — 22 renewals
AED/yr/sqft: AED 139
Sales: 25
Rental contracts: 131
Renewal rent: AED 48,000/yr

12 months: -3.6%
3 years: +13.1%+4.2%/yr

Based on 25 sales and 131 rental contracts in the last 24 months.

Azizi Riviera 23 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 2018 to 2026, 582 registered sales in all — the 25 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Azizi Riviera 23, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 650,000	1806	8.20% +0.8 pts	-3.6%	25
1 bed	AED 1.25M	1981	5.82% -0.9 pts	-4.1%	11
2 bed	AED 1.20M	1463	8.00% +1.7 pts	—	4
3 bed	AED 2.17M	1946	—	+2.3%	2

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.

2 bed: Priced off the last 5 sales — most recent January 2025.

Short-let rates around Azizi Riviera 23

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”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	333	0.93	AED 76,129	AED 50,000	1.5×	11.71%	28+
1 bed	409	0.65	AED 90,334	AED 75,000	1.2×	7.23%	3+
2 bed500m	730	0.89	AED 166,421	AED 103,500	1.6×	13.93%	4+

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.

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. Rows marked 500m widen to the surrounding cluster, because Azizi Riviera 23 itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Azizi Riviera 23 between 2018 and 2024 went for a median of AED 1,605/sqft (AED 633,000). The same building resells today at AED 1,863/sqft (AED 725,200) — an uplift of +15.8%.

Based on 253 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

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

14 resales in the last 12 months, against 48 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
14 Aug 2026	1 bed	867	AED 1,288,793	1,487
10 Aug 2026	Studio	352	AED 900,000	2,560
4 Aug 2026	Studio	352	AED 600,000	1,707
15 Jul 2026	Studio	319	AED 700,000	2,191
15 Jul 2026	Studio	348	AED 595,000	1,710
14 Jul 2026	1 bed	589	AED 1,130,000	1,917
10 Jul 2026	Studio	348	AED 620,000	1,782
7 Jul 2026	Studio	242	AED 350,000	1,448

8 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
3 Sept 2026	Studio	351	AED 50,000	142	New
1 Sept 2026	Studio	351	AED 43,000	122	New
1 Sept 2026	Studio	398	AED 25,000	63	New
27 Aug 2026	Studio	467	AED 54,000	116	New
27 Aug 2026	Studio	335	AED 45,000	134	New
20 Aug 2026	Studio	404	AED 55,000	136	New
15 Aug 2026	Studio	352	AED 46,300	132	Renewal
13 Aug 2026	1 bed	478	AED 75,000	157	Renewal
12 Aug 2026	3 bed	1,112	AED 120,000	108	New
10 Aug 2026	Studio	335	AED 41,000	122	New
2 Aug 2026	2 bed	783	AED 92,000	117	New
1 Aug 2026	Studio	351	AED 45,000	128	New
28 Jul 2026	Studio	319	AED 45,000	141	New
20 Jul 2026	1 bed	572	AED 75,000	131	New
20 Jul 2026	Studio	467	AED 45,000	96	New
8 Jul 2026	1 bed	472	AED 63,000	134	New
5 Jul 2026	1 bed	478	AED 65,000	136	New
3 Jul 2026	Studio	381	AED 63,396	166	New
2 Jul 2026	2 bed	783	AED 95,000	121	Renewal
1 Jul 2026	2 bed	780	AED 80,000	103	New
1 Jul 2026	1 bed	472	AED 66,000	140	New
1 Jul 2026	Studio	335	AED 40,000	119	New
1 Jul 2026	2 bed	855	AED 90,000	105	New
25 Jun 2026	Studio	349	AED 43,000	123	New
21 Jun 2026	Studio	351	AED 42,000	120	New
18 Jun 2026	1 bed	572	AED 69,806	122	New
17 Jun 2026	2 bed	854	AED 125,000	146	Renewal
15 Jun 2026	Studio	404	AED 46,305	115	Renewal
14 Jun 2026	1 bed	482	AED 62,000	129	New
12 Jun 2026	Studio	379	AED 60,000	158	New
6 Jun 2026	Studio	348	AED 41,000	118	New
3 Jun 2026	Studio	403	AED 53,000	131	New
1 Jun 2026	1 bed	913	AED 75,000	82	Renewal

33 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: 13
Lifts: 5
Parking bays: 241
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.

Highest rental yields in Meydan One · Azizi Riviera 23 places 15th of 57

Azizi Riviera 61 · 7.93%
Azizi Riviera 67 · 4.06%
AZIZI Riviera 65 · 6.13%
Azizi Riviera Beachfront - Tower C · 8.83%
Azizi Riviera Beachfront - Tower A · 6.89%
Azizi Riviera Beachfront - Tower B · 5.54%
Azizi Riviera 63 · 7.91%
Azizi Riviera 1 · 8.33%

Common questions

What is the rental yield in Azizi Riviera 23?: Azizi Riviera 23 returns 8.20% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 131 rental contracts registered in the last 24 months.
How much does a studio in Azizi Riviera 23 cost?: The median registered sale price is AED 650,000 (1,806 AED/sqft), from 25 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Azizi Riviera 23 selling for right now?: Registered sales of ready units in Azizi Riviera 23 over the last 3 months have a median of 1,746 AED/sqft, across 6 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 23 risen or fallen?: Median price per square foot moved -3.6% over the last 12 months against the 12 before it, on 25 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Azizi Riviera 23 compare with Meydan One?: Its 8.20% gross yield sits +0.8 pts against the Meydan One median of 7.35%, computed at the same bedroom grain over the same 24-month window.

Azizi Riviera 23