What is the rental yield in Azizi Riviera 23?

Azizi Riviera 23 returns 8.0% gross: a median new-contract rent of AED 51,000 a year (64 Ejari contracts in 12 months) over a price benchmark of AED 635,000 (median of 10 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.

How much does a studio in Azizi Riviera 23 cost?

The median registered sale price is AED 635,000 (1,755 AED/sqft), from 10 Dubai Land Department sales in the last 12 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 12 months have a median of 1,755 AED/sqft, across 10 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in Azizi Riviera 23 risen or fallen?

Median price per square foot moved -6.5% over the last 12 months against the 12 before it, on 10 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Azizi Riviera 23 compare with Meydan One?

Its 8.0% gross yield sits +0.8 pts against the Meydan One median of 7.3%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

Azizi Riviera 23

Completed 2022
13 floors
5 lifts
241 parking bays
1 pool
Master developer Azizi Developments

A studio in Azizi Riviera 23 costs a median AED 635,000 and rents long-let for AED 51,000/yr (8.0% gross).

Studio · typical price

635,000AED

AED 1,755/sqft · -6.5% on a year

Rent a year: AED 51,000
Yield after service charge: 6.6%
vs Meydan One: 11% below the median

Cost to buy, all inAED 677,935

Price: AED 635,000
DLD fee 4%: AED 25,400
Agent 2% + VAT: AED 13,335
Trustee: AED 4,200

Fees repaid by net rent12 months

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Ask about Azizi Riviera 23 →

Is Azizi Riviera 23 a good investment?Pays above the Dubai median and little new supply nearby; prices are slipping

Does it pay a good rent?8.0% gross, 6.6% after the service charge (Dubai median 6.8%)8.0%Strength
Is it easy to let?57% of units signed a yearly lease in 12 months; the typical Meydan One building manages 56%57%Fair
Meydan One median 56% · top tenth from 65%Azizi Riviera 23 · 57%
Across 60 Meydan One buildings with 40 or more units, the median signed annual leases on 56% of units in 12 months and the top tenth on 65% or more; Azizi Riviera 23 is at 57%.
Are rents going up?New studio leases: AED 50,000 a year ago, AED 51,000 now+2.0%Fair
Are prices going up?Studio: AED 1,878/sqft a year ago, 1,755 now-6.5%Watch
How fast do fees pay back?AED 42,935 in fees to buy a studio; net rent covers it in 1.0 years1.0 yrsFair
Can I sell easily?14 sales in 12 months, 6% of the tower (24 the year before)14Fair
Is a lot being built nearby?758 apartments are planned in Meydan One from 2026 to 2028, equal to 12% of the 6,391 homes let there today. A further 427 are past their planned date. Meydan One supply by year →12%Strength
Did earlier buyers gain?Up 20% for buyers 5 years ago; up 8% for launch buyers, before fees+19.5%Context

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Azizi Riviera 23 prices and rents by unit typeA studio costs about AED 635,000 and rents for about AED 51,000 a year

Type	Median price	New rent	12-month change	Sales
Studio136 units · 352 sqft	AED 635,0001,755/sqftlaunch 1,673 +4.9%	8.0%+0.8 pts	AED 51,00064 contracts	-6.5%	10
1 bed63 units · 589 sqft	AED 1.29M1,917/sqft	5.8%-0.8 pts	AED 75,00023 contracts	under 5 sales in a year	3
3 bed9 units · 1,112 sqft	AED 2.20M1,968/sqft	under 5 contracts	under 5 contracts	under 5 sales in a year	1

Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · Meydan One · area median AED 1,967/sqft

12-month change: -6.5%
3 years: +11.8% · +3.8%/yr
vs area median: -10.8%
Rank by price per sqft: 59th of 63
Off-plan price gain, 2018–2024: +6.7% · +1.3%/yr

Rental income

Studio · Meydan One

Gross yield: 8.0%
Median new rent: AED 51,000/yr
Yield vs area median: +0.8 pts
Yield vs Dubai (6.8%): +1.3 pts
Yield rank: 3rd of 56
Renewal rent: AED 48,000/yr
New tenants pay vs sitting (19 renewals): +6.3%

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, Studio, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,779 · before fees

Launch, 2018–24: 1,650; +8%; 57 sales
5 years ago: 1,488; +20%; 7 sales
3 years ago: 1,595; +12%; 21 sales
Previous 12 months: 1,915; −7%; 24 sales
Last 12 months: 1,779; today; 14 sales

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

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

Date	Type	Sqft	Price
9 Sept 2026	Studio	352	AED 610,000	1,735
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
4 Feb 2026	1 bed	577	AED 1,300,000	2,254

14 resales in the last 12 months.

Comparables in Meydan One

Every Meydan One building with a page, ranked by price per sqft over the same 12 months, all unit types. Azizi Riviera 23 places 58th of 66; the nearest 8 are shown.

Highest rental yields in Meydan One →

Rank	Building	Median price	Gross yield	12-month change	Sales
54	Azizi Riviera 18Completed 2023 · off-plan 1,396/sqft	AED 647,500	1,821+2.4%	8.5%	+2.4%	12
55	Azizi Riviera 5Completed 2023 · off-plan 1,447/sqft	AED 857,500	1,819+2.3%	8.2%	-2.5%	12
56	Azizi Riviera 15Completed 2023 · off-plan 1,463/sqft	AED 750,000	1,815+2.0%	7.3%	-0.8%	10
57	Azizi Riviera 44Completed 2024 · off-plan 1,987/sqft	AED 647,500	1,804+1.4%	8.3%	+0.3%	16
58	Azizi Riviera 23 · this buildingCompleted 2022 · off-plan 1,606/sqft	AED 742,500	1,779	7.5%	-7.1%	14
59	Azizi Riviera 8Completed 2023 · off-plan 1,494/sqft	AED 670,000	1,755-1.3%	8.5%	-2.3%	22
60	Azizi Riviera 30Completed 2023 · off-plan 1,408/sqft	AED 740,000	1,748-1.7%	8.1%	—	3
61	Azizi Riviera 14Completed 2023 · off-plan 1,482/sqft	AED 673,000	1,743-2.0%	8.2%	-5.7%	16
62	Azizi Riviera 28Completed 2023 · off-plan 1,513/sqft	AED 667,500	1,741-2.1%	8.0%	-3.4%	14

Rank 1 is the dearest per square foot. Differences are against Azizi Riviera 23 (AED 1,779/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At studio, Azizi Riviera 23 has registered sale prices 11% below the Meydan One median price per square foot of 1,967 AED, across 63 eligible buildings. It ranks 59th of 63 by price per square foot and 3rd of 56 by gross yield in Meydan One.

Market context in Meydan One

Registered sales activity

895 ready apartment sales in the 12 months to 2026-10-12.

+3.9% in median AED/sqft versus the preceding year, supported by 895 current and 1,403 prior price observations.

Explore sales activity

Planned apartment projects

758 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.

1 projects had already passed their planned date; 0 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

758 apartments are planned in Meydan One from 2026 to 2028, equal to 12% of the 6,391 homes let there today.

Ready prices per sqft fell in 47% of 55 buildings (counted once per bedroom type) in Meydan One with sales in both years; the typical one moved +1.1%.

New-lease rents fell in 62% of 128 buildings (counted once per bedroom type) with leases in both years; the typical one moved −2.7%.

How these are counted

Find service-charge budget evidence for Azizi Riviera 23

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Azizi Riviera 23

Azizi Riviera 23 is an apartment building completed in 2022 by Azizi Developments in Meydan One. 292 sales are registered with the Dubai Land Department.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Service charge: AED 24.93/sqft a year · 2026 budget
Floors: 13
Lifts: 5
Parking bays: 241
Pools: 1
Master developer: Azizi Developments

Nearest, as registered

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

Azizi Riviera 23: AED 1,779 per sq ft, 8% below the median Meydan One building, and a 7.5% gross yield, below the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

Azizi Riviera 23AED 1,779
Meydan One, readyAED 1,994
Meydan One, off-planAED 2,274
Dubai, readyAED 1,421

Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Azizi Riviera 23Meydan One median building

Meydan One7.5% vs 7.8%

Line: the 10th to 90th percentile of 57 buildings in Meydan One. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Meydan One, by handover quarter

Nearby in Meydan One

Every building in Meydan One →

Prices per sq ft around Azizi Riviera 23, on the map

Pills show median sale price, AED. 45 buildings pinned from Google place records and Apple geocoding · Azizi Riviera 23 is the inverted pinOpen in Apple Maps

Azizi Riviera Beachfront - Tower C

Meydan One · 48 sales, 12 months

805,108

AED, resale median · 2,133/sqft

Azizi Riviera 69

Meydan One · 42 sales, 12 months

1.66M

AED, resale median · 2,109/sqft

Azizi Riviera Beachfront - Tower B

Meydan One · 35 sales, 12 months

737,880

AED, resale median · 2,099/sqft

Azizi Riviera 61

Meydan One · 35 sales, 12 months

807,615

AED, resale median · 2,215/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Sales and rents to
2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
On record
Sales evidence · Studio
10 registered sales in 12 months
On record
Rental evidence · Studio
64 new and 19 renewal contracts in 12 months · rent source: this building
On record
Service charge
AED 24.93/sqft a year, 2026 owners-association budget; 6.6% yield after it. Confirm against the latest invoice.
On record
Project register
Azizi Riviera 23: recorded complete 2022-12-31 · register data to 2026-07-06
On record
Developer
Azizi Developments · delivery record
On record
Building record
DLD building record · data to 2026-10-13
On record
Costs not included
4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
Not in the yield

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Azizi Riviera 23’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage: 2,824AED; 4.5% over 25 years
Monthly rent: 4,250AED; AED 51,000 a year
Cash needed at purchase: 179,285AED; 20% down plus AED 52,285 in fees

Owning costs AED 197,164 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

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Common questions

What is the rental yield in Azizi Riviera 23?: Azizi Riviera 23 returns 8.0% gross: a median new-contract rent of AED 51,000 a year (64 Ejari contracts in 12 months) over a price benchmark of AED 635,000 (median of 10 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
How much does a studio in Azizi Riviera 23 cost?: The median registered sale price is AED 635,000 (1,755 AED/sqft), from 10 Dubai Land Department sales in the last 12 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 12 months have a median of 1,755 AED/sqft, across 10 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Azizi Riviera 23 risen or fallen?: Median price per square foot moved -6.5% over the last 12 months against the 12 before it, on 10 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Azizi Riviera 23 compare with Meydan One?: Its 8.0% gross yield sits +0.8 pts against the Meydan One median of 7.3%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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