2-bed · 1,417 sqftAzizi Liatris Residence, Al Furjan · 5th floor · completed 2016

503, Azizi Liatris Residence

Sold prices and rental history: sold twice, last in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 588K28 December 2016
Current rentAED 70K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Azizi Liatris Residence

What is 503 worth today?

Last sold for AED 587,500 in 2016

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15 Mar 2024RentedNew contract
AED 70,000/yr12 months · AED 49 per sqft
15 Mar 2022RentedRenewal
AED 61,000/yr12 months · AED 43 per sqft
15 Mar 2021RentedRenewal
AED 61,000/yr12 months · AED 43 per sqft
15 Mar 2019RentedRenewal
AED 73,000/yr12 months · AED 51 per sqft
15 Mar 2017RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft
28 Dec 2016SoldReady
AED 587,500AED 414 per sqft
26 Sep 2016Sold by developerOff-plan
AED 1,228,310AED 866 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2024.

Key facts

Type
2-bed apartment
Size
1,417 sqft
Floor
5th of 11
Parking
G-50
Developer
Azizi Developments
Completed
2016
Service charge
AED 21,600 /yr
Last sold
AED 588K · December 2016

About 503, Azizi Liatris Residence

503 is a two-bedroom apartment of 1,417 sqft on the 5th floor of Azizi Liatris Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. It last sold on 28 December 2016 for AED 587,500, or AED 414 per sqft, 55% below the AED 922 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 15 March 2024, is AED 70,000 a year: a gross yield of 11.9% on the 2016 price, before the service charge of about AED 21,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in Azizi Liatris Residence
500K1M1.5M20142017202020232026Typical sale price by year: 2014 AED 1,306,950; 2015 AED 1,260,000; 2016 AED 1,311,781; 2017 AED 1,330,550; 2018 AED 1,145,000; 2021 AED 1,000,000; 2022 AED 1,072,500; 2023 AED 1,175,000; 2024 AED 1,342,500; 2025 AED 1,510,000Sold by developer, September 2016: AED 1,228,310 (AED 866 per sqft)Sold, December 2016: AED 587,500 (AED 414 per sqft)

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

Rents
Unit 503, each contractTypical two-bed in Azizi Liatris Residence
75K100K2017202020232026Typical rent by year: 2017 AED 94,000; 2018 AED 85,000; 2019 AED 78,000; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 70,000; 2023 AED 80,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 110,000New contract, March 2017: AED 90,000 a yearRenewal, March 2019: AED 73,000 a yearRenewal, March 2021: AED 61,000 a yearRenewal, March 2022: AED 61,000 a yearNew contract, March 2024: AED 70,000 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 Liatris Residence, and where 503 sits

All 86 2-beds →

503 last sold in December 2016 at AED 414 per sqft, 55% below what two-beds in Azizi Liatris Residence were fetching at the time (AED 922). Over the last 12 months two-beds sold for AED 1,470,000 to 1,625,000, around AED 1,048 per sqft, and rent for AED 78,866 to 125,000 a year. 503's AED 70,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jan 20261,625,000
16 Jun 20251,480,000
19 May 20251,480,000
13 May 20251,550,000
2 2-bed sales in the last 12 months

Azizi Liatris Residence

Building

129 apartments, 1-bed to 3-bed over 11 floors in Al Furjan, completed in 2016 by Azizi Developments. 2 sold in the last 12 months.

Typical price per sqft
AED 1,048
Typical sale
AED 1.55M
Typical rent
AED 89K /yr
Typical yield
7.7%
Azizi Liatris Residence, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 129 units in Azizi Liatris Residence
Value
5012-bedAED 1.24M · Aug 2023
5022-bedAED 1.05M · Jul 2022
504AED 1.13M · Aug 2025
5051-bedAED 892K · Feb 2015
5061-bedAED 818K · Feb 2019
5072-bedAED 1.31M · Dec 2016
5082-bedAED 1.02M · Oct 2022
1–7 of 12

503, Azizi Liatris Residence in numbers

  • Sold twice: first on 26 September 2016 for AED 1,228,310, last on 28 December 2016 for AED 587,500 (AED 414 per sqft).
  • Rented since March 2017 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 61,000 in 2022 and recovered to AED 70,000 by March 2024.
  • At AED 70,000 a year the gross yield on the 2016 price is 11.9%, before a service charge of about AED 21,600 a year (AED 15.21 per sqft).
  • Two-beds in Azizi Liatris Residence sold for AED 1,470,000–1,625,000 in the 12 months to November 2026; the building's median across all types is AED 1,048 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2024.

Questions about 503, Azizi Liatris Residence

What did unit 503 last sell for?

AED 587,500 on 28 December 2016: AED 414 per sqft for 1,417 sqft. The unit has 2 registered sales; the first was AED 1,228,310 in September 2016.

What is the rent for unit 503?

AED 70,000 a year on the contract signed on 15 March 2024. The previous contract, from March 2022, was AED 61,000; the unit has been rented since March 2017.

How big is unit 503?

1,417 sqft (131.6 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azizi Liatris Residence sold for AED 1,470,000 to 1,625,000 in the last 12 months, around AED 1,048 per sqft.

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Mortgage on 503, Azizi Liatris Residence

Starts from the last sale price (AED 588K, 28 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 587,500
Deposit, UAE resident (20%)
AED 117,500
Deposit, non-resident (40%)
AED 235,000
Monthly over 25 years at 3.7%
AED 2,404

Plus AED 29,685 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →