2-bed · 1,310 sqftAzizi Orchid Residence, Al Furjan · 4th floor · completed 2016

405, Azizi Orchid Residence

Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 8 February 2024
Last soldAED 625K19 October 2016
Current rentAED 82K /yr8 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Azizi Orchid Residence

What is 405 worth today?

Last sold for AED 624,685 in 2016

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8 Feb 2024RentedRenewal
AED 81,900/yr12 months · AED 63 per sqft
8 Feb 2023RentedNew contract
AED 78,000/yr12 months · AED 59 per sqft
30 Jan 2022RentedNew contract
AED 68,000/yr12 months · AED 52 per sqft
10 May 2021RentedNew contract
AED 66,000/yr13 months · AED 50 per sqft
28 May 2019RentedNew contract
AED 78,000/yr12 months · AED 59 per sqft
7 Jul 2018RentedNew contract
AED 84,000/yr12 months · AED 64 per sqft
19 Oct 2016SoldOff-plan
AED 624,685AED 920 per sqft
25 Aug 2015Sold by developerOff-plan
AED 1,249,369AED 953 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 February 2024.

Key facts

Type
2-bed apartment
Size
1,310 sqft
Floor
4th of 11
Parking
G-28
Developer
Azizi Developments
Completed
2016
Service charge
AED 20,200 /yr
Last sold
AED 625K · October 2016

About 405, Azizi Orchid Residence

405 is a two-bedroom apartment of 1,310 sqft on the 4th floor of Azizi Orchid Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. It last sold on 19 October 2016 for AED 624,685, or AED 920 per sqft, in line with the AED 925 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 8 February 2024, is AED 81,900 a year: a gross yield of 13.1% on the 2016 price, before the service charge of about AED 20,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Azizi Orchid Residence
500K1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,391,750; 2015 AED 1,319,250; 2016 AED 1,334,951; 2017 AED 1,336,313; 2023 AED 1,207,500; 2024 AED 1,267,500; 2026 AED 1,650,000Sold by developer, August 2015: AED 1,249,369 (AED 953 per sqft)Sold, October 2016: AED 624,685 (AED 920 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Azizi Orchid Residence
100K2017202020232026Typical rent by year: 2017 AED 91,000; 2018 AED 85,000; 2019 AED 78,000; 2020 AED 69,812; 2021 AED 65,000; 2022 AED 70,000; 2023 AED 76,000; 2024 AED 93,500; 2025 AED 110,000; 2026 AED 121,500New contract, July 2018: AED 84,000 a yearNew contract, May 2019: AED 78,000 a yearNew contract, May 2021: AED 66,000 a yearNew contract, January 2022: AED 68,000 a yearNew contract, February 2023: AED 78,000 a yearRenewal, February 2024: AED 81,900 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 Orchid Residence, and where 405 sits

All 64 2-beds →

405 last sold in October 2016 at AED 920 per sqft, in line with what two-beds in Azizi Orchid Residence were fetching at the time (AED 925). Over the last 12 months two-beds sold for AED 1,450,000 to 1,700,000, around AED 1,097 per sqft, and rent for AED 81,421 to 123,000 a year. 405's AED 81,900 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20261,640,000
16 Feb 20261,650,000
23 Jan 20261,700,000
30 Dec 20251,450,000
5 2-bed sales in the last 12 months

Azizi Orchid Residence

Building

99 apartments, 1-bed to 3-bed over 11 floors in Al Furjan, completed in 2016 by Azizi Developments. 6 sold in the last 12 months.

Typical price per sqft
AED 1,100
Typical sale
AED 1.57M
Typical rent
AED 100K /yr
Typical yield
7.0%
Azizi Orchid Residence, Al Furjan: prices, sales and rents →

Other units on the 4th floor

All 99 units in Azizi Orchid Residence
Value
4012-bedAED 1.15M · Jul 2023
4022-bedAED 1.24M · Jun 2024
4032-bedAED 1.64M · Feb 2026
4042-bedAED 1.05M · Jun 2022
4061-bedAED 813K · Dec 2014
4072-bedAED 725K · Apr 2017
4081-bedAED 965K · Apr 2015
1–7 of 9

405, Azizi Orchid Residence in numbers

  • Sold twice: first on 25 August 2015 for AED 1,249,369, last on 19 October 2016 for AED 624,685 (AED 920 per sqft).
  • Rented since July 2018 on 6 Ejari contracts. The rent fell from AED 84,000 to AED 66,000 in 2021 and recovered to AED 81,900 by February 2024.
  • At AED 81,900 a year the gross yield on the 2016 price is 13.1%, before a service charge of about AED 20,200 a year (AED 15.43 per sqft).
  • Two-beds in Azizi Orchid Residence sold for AED 1,450,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,100 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 February 2024.

Questions about 405, Azizi Orchid Residence

What did unit 405 last sell for?

AED 624,685 on 19 October 2016: AED 920 per sqft for 1,310 sqft. The unit has 2 registered sales; the first was AED 1,249,369 in August 2015.

What is the rent for unit 405?

AED 81,900 a year on the contract renewed on 8 February 2024. The previous contract, from February 2023, was AED 78,000; the unit has been rented since July 2018.

How big is unit 405?

1,310 sqft (121.7 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2016.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azizi Orchid Residence sold for AED 1,450,000 to 1,700,000 in the last 12 months, around AED 1,097 per sqft.

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Mortgage on 405, Azizi Orchid Residence

Starts from the last sale price (AED 625K, 19 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 624,685
Deposit, UAE resident (20%)
AED 124,937
Deposit, non-resident (40%)
AED 249,874
Monthly over 25 years at 3.7%
AED 2,556

Plus AED 31,246 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →