2-bed · 1,310 sqftAzizi Iris, Al Furjan · 3rd floor · completed 2015

305, Azizi Iris

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 6 December 2023
Last soldAED 1.04M6 December 2023
Current rentAED 72K /yr6 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Azizi Iris

What is 305 worth today?

Last sold for AED 1,035,000 in 2023

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6 Dec 2023SoldReady
AED 1,035,000AED 790 per sqft
6 Dec 2023RentedNew contract
AED 72,000/yr12 months · AED 55 per sqft
1 Mar 2023RentedRenewal
AED 72,000/yr12 months · AED 55 per sqft
1 Mar 2022RentedRenewal
AED 66,000/yr12 months · AED 50 per sqft
1 Mar 2021RentedRenewal
AED 60,000/yr12 months · AED 46 per sqft
1 Mar 2020RentedRenewal
AED 72,000/yr12 months · AED 55 per sqft
1 Jul 2018RentedNew contract
AED 78,000/yr12 months · AED 59 per sqft
26 Jul 2017RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 6 December 2023.

Key facts

Type
2-bed apartment
Size
1,310 sqft
Floor
3rd of 11
Parking
G-19
Developer
Azizi Developments
Completed
2015
Service charge
AED 19,900 /yr
Last sold
AED 1.04M · December 2023
Building
Azizi Iris

About 305, Azizi Iris

305 is a two-bedroom apartment of 1,310 sqft on the 3rd floor of Azizi Iris, a 11-storey tower in Al Furjan completed in 2015 by Azizi Developments. It last sold on 6 December 2023 for AED 1,035,000, or AED 790 per sqft, in line with the AED 771 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 6 December 2023, is AED 72,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 19,900 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Azizi Iris
1M1.25M1.5M2016201920222025Typical sale price by year: 2016 AED 1,334,951; 2017 AED 1,370,000; 2018 AED 1,250,000; 2022 AED 1,091,500; 2023 AED 1,070,000; 2024 AED 1,250,000; 2025 AED 1,500,000Sold by developer, October 2016: AED 1,323,436 (AED 1,010 per sqft)Sold, December 2023: AED 1,035,000 (AED 790 per sqft)

305 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 305, each contractTypical two-bed in Azizi Iris
60K80K100K2017202020232026Typical rent by year: 2017 AED 92,000; 2018 AED 85,000; 2019 AED 79,893; 2020 AED 69,000; 2021 AED 63,209; 2022 AED 68,750; 2023 AED 73,500; 2024 AED 84,500; 2025 AED 100,000New contract, July 2017: AED 85,000 a yearNew contract, July 2018: AED 78,000 a yearRenewal, March 2020: AED 72,000 a yearRenewal, March 2021: AED 60,000 a yearRenewal, March 2022: AED 66,000 a yearRenewal, March 2023: AED 72,000 a yearNew contract, December 2023: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Azizi Iris, and where 305 sits

All 69 2-beds →

305 last sold in December 2023 at AED 790 per sqft, in line with what two-beds in Azizi Iris were fetching at the time (AED 771).

Recent 2-bed salesUnit no.Price (AED)Summary
17 Jul 20253,150,000
15 Jul 20251,550,000
12 Jun 20251,500,000
2 May 20251,430,000
0 2-bed sales in the last 12 months

Azizi Iris

Building

99 apartments, 1-bed to 3-bed over 11 floors in Al Furjan, completed in 2015 by Azizi Developments. 1 sold in the last 12 months.

Typical price per sqft
AED 1,130
Typical sale
AED 980K
Typical rent
AED 88K /yr
Typical yield
7.0%
Azizi Iris, Al Furjan: prices, sales and rents →

Other units on the 3rd floor

All 99 units in Azizi Iris
Value
3012-bedAED 1.3M · Sep 2016
3022-bedAED 1.1M · Aug 2022
3032-bedAED 1.49M · Sep 2016
3042-bedAED 860K · Aug 2020
3061-bedAED 721K · Mar 2017
3072-bedAED 1.15M · Nov 2018
3081-bedAED 830K · Nov 2023
1–7 of 9

305, Azizi Iris in numbers

  • Sold twice: first on 31 October 2016 for AED 1,323,436, last on 6 December 2023 for AED 1,035,000 (AED 790 per sqft).
  • Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2021 and recovered to AED 72,000 by December 2023.
  • At AED 72,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 19,900 a year (AED 15.19 per sqft).

Source: Dubai Land Department. Updated 6 December 2023.

Questions about 305, Azizi Iris

What did unit 305 last sell for?

AED 1,035,000 on 6 December 2023: AED 790 per sqft for 1,310 sqft. The unit has 2 registered sales; the first was AED 1,323,436 in October 2016.

What is the rent for unit 305?

AED 72,000 a year on the contract signed on 6 December 2023. The previous contract, from March 2023, was AED 72,000; the unit has been rented since July 2017.

How big is unit 305?

1,310 sqft (121.7 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2015.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 305, Azizi Iris

Starts from the last sale price (AED 1.04M, 6 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,035,000
Deposit, UAE resident (20%)
AED 207,000
Deposit, non-resident (40%)
AED 414,000
Monthly over 25 years at 3.7%
AED 4,235

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