507, Azizi Iris
Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Azizi Iris
What is 507 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,512 sqft
- Floor
- 5th of 11
- Parking
- G-54
- Developer
- Azizi Developments
- Completed
- 2015
- Service charge
- AED 23,000 /yr
- Last sold
- AED 1.4M · February 2024
- Building
- Azizi Iris
About 507, Azizi Iris
507 is a two-bedroom apartment of 1,512 sqft on the 5th floor of Azizi Iris, a 11-storey tower in Al Furjan completed in 2015 by Azizi Developments. It last sold on 9 February 2024 for AED 1,400,000, or AED 926 per sqft, 20% above the AED 771 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 88,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 23,000 a year.
Sales and rents for 507 over time
507 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 507 sits
All 69 2-beds →507 last sold in February 2024 at AED 926 per sqft, 20% above what two-beds in Azizi Iris were fetching at the time (AED 771).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jul 202517 July 2025 | 1,310 sqft | 3,150,000 | 2,405 | ||
| 15 Jul 202515 July 2025 | 1,487 sqft | 1,550,000 | 1,042 | ||
| 12 Jun 202512 June 2025 | 1,771 sqft | 1,500,000 | 847 | ||
| 2 May 20252 May 2025 | 1,310 sqft | 1,430,000 | 1,091 |
Azizi Iris
Building99 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%
Other units on the 5th floor
All 99 units in Azizi Iris| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,400 sqft | AED 1.32MAED 1,318,515 · May 2016May 2016 | 71,408 /yr | |
| 502 | 2-bed | 1,407 sqft | AED 1.35MAED 1,350,000 · Dec 2016December 2016 | 105,000 /yr | |
| 503 | 2-bed | 1,487 sqft | AED 1.45MAED 1,448,603 · Nov 2016November 2016 | 75,000 /yr | |
| 504 | 2-bed | 1,447 sqft | AED 1.42MAED 1,418,350 · Nov 2017November 2017 | 85,000 /yr | |
| 505 | 2-bed | 1,310 sqft | AED 1.2MAED 1,195,000 · Jun 2024June 2024 | 77,860 /yr | |
| 506 | 1-bed | 867 sqft | AED 839KAED 839,302 · Feb 2015February 2015 | 75,000 /yr | |
| 508 | 1-bed | 1,013 sqft | AED 919KAED 919,100 · Apr 2016April 2016 | ||
| 509 | 3-bed | 2,018 sqft | AED 1.9MAED 1,900,000 · Jan 2017January 2017 | ||
| 510 | 2-bed | 1,557 sqft | AED 1.09MAED 1,091,500 · Aug 2022August 2022 | 71,500 /yr |
507, Azizi Iris in numbers
- Sold 3 times: first on 27 September 2016 for AED 1,334,951, last on 9 February 2024 for AED 1,400,000 (AED 926 per sqft).
- Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 84,000 to AED 66,000 in 2020 and recovered to AED 88,000 by July 2024.
- At AED 88,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 23,000 a year (AED 15.19 per sqft).
Source: Dubai Land Department. Updated 15 July 2024.
Questions about 507, Azizi Iris
What did unit 507 last sell for?
AED 1,400,000 on 9 February 2024: AED 926 per sqft for 1,512 sqft. The unit has 3 registered sales; the first was AED 1,334,951 in September 2016.
What is the rent for unit 507?
AED 88,000 a year on the contract renewed on 15 July 2024. The previous contract, from February 2024, was AED 80,001; the unit has been rented since July 2019.
How big is unit 507?
1,512 sqft (140.5 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2015.
What is unit 507 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 507, Azizi Iris
Starts from the last sale price (AED 1.4M, 9 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →