Azizi Riviera 38
- Completed 2024
- 13 floors
- 4 lifts
- 147 parking bays
- 1 pool
- Master developer Azizi Developments
A studio in Azizi Riviera 38 costs a median AED 630,000, rents long-let for AED 49,000/yr (7.8% gross), and returns 11.3% short-term at the assumed 70% occupancy.
Studio · typical price
630,000AED
AED 2,095/sqft · +11.7% on a year
- Rent a year
- AED 49,000
- Yield after service charge
- 6.4%
- vs Meydan One
- 7% above the median
Cost to buy, all inAED 672,630
- Price
- AED 630,000
- DLD fee 4%
- AED 25,200
- Agent 2% + VAT
- AED 13,230
- Trustee
- AED 4,200
Fees repaid by net rent13 months
Is Azizi Riviera 38 a good investment?Pays above the Dubai median, rents rising, prices rising and little new supply nearby, with nothing to watch
- Does it pay a good rent?7.8% gross, 6.4% after the service charge (Dubai median 6.8%)7.8%Strength
- Is it easy to let?56% of units signed a yearly lease in 12 months; the typical Meydan One building manages 56%56%Fair
Meydan One median 56% · top tenth from 65%Azizi Riviera 38 · 56% 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 38 is at 56%.
- Are rents going up?New studio leases: AED 47,500 a year ago, AED 49,000 now+3.2%Strength
- Are prices going up?Studio: AED 1,875/sqft a year ago, 2,095 now+11.7%Strength
- How fast do fees pay back?AED 42,630 in fees to buy a studio; net rent covers it in 1.1 years1.1 yrsFair
- Can I sell easily?11 sales in 12 months, 8% of the tower (24 the year before)11Fair
- 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 24% for buyers 5 years ago; up 27% for launch buyers, before fees+24.4%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
Azizi Riviera 38 prices and rents by unit typeA studio costs about AED 630,000 and rents for about AED 49,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, 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
- +11.7%
- 5 years
- +24.6% · +4.5%/yr
- vs area median
- +6.5%
- Rank by price per sqft
- 22nd of 63
- Off-plan price gain, 2018–2024
- +24.1% · +4.4%/yr
Rental income
Studio · Meydan One
- Gross yield
- 7.8%
- Median new rent
- AED 49,000/yr
- Yield vs area median
- +0.5 pts
- Yield vs Dubai (6.8%)
- +1.0 pts
- Yield rank
- 8th of 56
- Renewal rent
- AED 45,000/yr
- New tenants pay vs sitting (9 renewals)
- +8.9%
Short-term income
Studio · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 353
- Net revenue
- AED 71,169/yr
- vs long-let rent
- 1.5×
- Listings seen
- 23+
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)
Chart data, Studio: Dec 2018, AED 486,232; latest, Aug 2026, AED 597,500; peak, Feb 2026, AED 660,000. Rent on new leases: Mar 2024, AED 40,000 a year; latest, Oct 2026, AED 43,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,057 · before fees
- Launch, 2018–25
- 1,623
- +27%
- 11 sales
- 5 years ago
- 1,654
- +24%
- 50 sales
- 3 years ago
- 1,613
- +28%
- 12 sales
- Previous 12 months
- 1,875
- +10%
- 24 sales
- Last 12 months
- 2,057
- today
- 11 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.
11 resales in the last 12 months, against 38 a year on average over 2023–2025.
11 resales in the last 12 months.
Short-term rates around Azizi Riviera 38
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
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 38 places 25th of 66; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Azizi Riviera 38 (AED 2,057/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At studio, Azizi Riviera 38 has registered sale prices 7% above the Meydan One median price per square foot of 1,967 AED, across 63 eligible buildings. It ranks 22nd of 63 by price per square foot and 8th 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 activityPlanned 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 supplySupply 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 countedDirect 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 38
Azizi Riviera 38 is an apartment building completed in 2024 by Azizi Developments in Meydan One. 187 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 29.42/sqft a year · 2026 budget
- Floors
- 13
- Lifts
- 4
- Parking bays
- 147
- Pools
- 1
- Master developer
- Azizi Developments
Drive times · typical
- Downtown
- 17 min · 13 km
- DXB Airport
- 16 min · 16 km
- DIFC
- 14 min · 14 km
- Dubai Marina
- 23 min · 26 km
- Palm Jumeirah
- 30 min · 30 km
Nearest, as registered
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Azizi Riviera 38: AED 2,057 per sq ft, 6% above the median Meydan One building, and a 7.8% 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 38AED 2,057
- Meydan One, readyAED 1,994
- Meydan One, off-planAED 2,274
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Azizi Riviera 38Meydan One median building
- Meydan One7.8% vs 7.8%
More from Azizi Developments
Azizi Venice 15 - Building B
Dubai South · 677 sales, 12 months
703,000
AED, resale median · 1,718/sqft
Azizi Venice 11
Dubai South · 461 sales, 12 months
676,000
AED, resale median · 1,670/sqft
Azizi Venice 14-Building G
Dubai South · 442 sales, 12 months
655,000
AED, resale median · 1,725/sqft
Azizi Venice 13 - Building B
Dubai South · 435 sales, 12 months
655,000
AED, resale median · 1,676/sqft
Nearby in Meydan One
Prices per sq ft around Azizi Riviera 38, on the mapPrices per sq ft around Azizi Riviera 38, on the map
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 toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioOn record
- Service chargeAED 29.42/sqft a year, 2026 owners-association budget; 6.4% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- DeveloperOn record
- Short-term assumptionRead with care
- Building recordOn record
- Costs not includedNot 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 rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Azizi Riviera 38’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
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
- 2,801AED
- 4.5% over 25 years
- Monthly rent
- 4,083AED
- AED 49,000 a year
- Cash needed at purchase
- 177,930AED
- 20% down plus AED 51,930 in fees
Owning costs AED 187,064 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Azizi Riviera 38?
- Azizi Riviera 38 returns 7.8% gross: a median new-contract rent of AED 49,000 a year (27 Ejari contracts in 12 months) over a price benchmark of AED 630,000 (median of 5 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.
- How much does a studio in Azizi Riviera 38 cost?
- The median registered sale price is AED 630,000 (2,095 AED/sqft), from 5 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in Azizi Riviera 38 selling for right now?
- Registered sales of ready units in Azizi Riviera 38 over the last 12 months have a median of 2,095 AED/sqft, across 5 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 38 risen or fallen?
- Median price per square foot moved +11.7% over the last 12 months against the 12 before it, on 5 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Azizi Riviera 38 compare with Meydan One?
- Its 7.8% gross yield sits +0.5 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.
For agents
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Azizi Riviera 38 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 5 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/meydan-one/azizi-riviera-38
Cite as: Dubai Wealth Index. “Azizi Riviera 38 sale prices and yield.” Meydan One, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/meydan-one/azizi-riviera-38
Stable dataJSON