2-bed · 1,746 sqftAzizi Plaza, Al Furjan · 12th floor · completed 2021

1216, Azizi Plaza

Sold prices and rental history: sold once, by the developer in August 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1216 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.4M20 August 2023
Current rentAED 90K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1216, Azizi Plaza

What is 1216 worth today?

Last sold for AED 1,402,500 in 2023

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1 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 52 per sqft
20 Aug 2023Sold by developerReady
AED 1,402,500AED 803 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

Type
2-bed hotel apartment
Size
1,746 sqft
Floor
12th of 12
Parking
P2-135
Developer
Azizi Developments
Completed
2021
Last sold
AED 1.4M · August 2023
Building
Azizi Plaza

About 1216, Azizi Plaza

1216 is a two-bedroom hotel apartment of 1,746 sqft on the 12th floor of Azizi Plaza, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. The developer sold it on 20 August 2023 for AED 1,402,500, or AED 803 per sqft, 12% below the AED 916 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 90,000 a year: a gross yield of 6.4% on the 2023 price.

Sales and rents for 1216 over time

Sales
Unit 1216, each saleTypical two-bed in Azizi Plaza
1M1.25M1.5M2017202020232026Typical sale price by year: 2017 AED 1,156,262; 2018 AED 1,162,958; 2021 AED 987,659; 2022 AED 854,640; 2023 AED 943,780; 2024 AED 1,060,000; 2025 AED 1,110,000Sold by developer, August 2023: AED 1,402,500 (AED 803 per sqft)

1216 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1216, each contractTypical two-bed in Azizi Plaza
60K80K202220242026Typical rent by year: 2022 AED 60,500; 2023 AED 70,000; 2024 AED 83,000; 2025 AED 85,000; 2026 AED 85,000New contract, September 2024: AED 90,000 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 Plaza, and where 1216 sits

All 98 2-beds →

1216 last sold in August 2023 at AED 803 per sqft, 12% below what two-beds in Azizi Plaza were fetching at the time (AED 916). Over the last 12 months two-beds sold for AED 1,200,000 to 1,539,450, around AED 1,406 per sqft, and rent for AED 56,750 to 120,000 a year. 1216's AED 90,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jan 20261,539,450
11 Dec 20251,200,000
26 Jun 20251,110,000
30 May 20251,300,000
2 2-bed sales in the last 12 months

Azizi Plaza

Building

430 apartments, studios to 2-bed over 12 floors in Al Furjan, completed in 2021 by Azizi Developments. 19 sold in the last 12 months.

Typical price per sqft
AED 1,337 Up 10.2%
Typical sale
AED 520K
Typical rent
AED 48K /yr
Typical yield
8.1%
Azizi Plaza, Al Furjan: prices, sales and rents →

Other units on the 12th floor

All 430 units in Azizi Plaza
Value
12012-bedAED 1.45M · Nov 2023
12022-bedAED 1.55M · Sep 2023
12032-bedAED 1.45M · Sep 2023
12042-bedAED 1.54M · Nov 2023
12062-bedAED 1.53M · Sep 2023
12072-bedAED 1.48M · Aug 2023
12082-bedAED 1.39M · Sep 2023
1–7 of 18

1216, Azizi Plaza in numbers

  • Sold once: by Azizi Developments on 20 August 2023 for AED 1,402,500, or AED 803 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 6.4%.
  • Two-beds in Azizi Plaza sold for AED 1,200,000–1,539,450 in the 12 months to November 2026; the building's median across all types is AED 1,337 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Questions about 1216, Azizi Plaza

What did unit 1216 last sell for?

AED 1,402,500 on 20 August 2023, sold by the developer: AED 803 per sqft for 1,746 sqft. It is the only registered sale of the unit.

What is the rent for unit 1216?

AED 90,000 a year on the contract signed on 1 September 2024.

How big is unit 1216?

1,746 sqft (162.2 sqm): a two-bedroom hotel apartment on the 12th floor of a 12-storey tower completed in 2021.

What is unit 1216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azizi Plaza sold for AED 1,200,000 to 1,539,450 in the last 12 months, around AED 1,406 per sqft.

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Mortgage on 1216, Azizi Plaza

Starts from the last sale price (AED 1.4M, 20 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,402,500
Deposit, UAE resident (20%)
AED 280,500
Deposit, non-resident (40%)
AED 561,000
Monthly over 25 years at 3.7%
AED 5,738

Plus AED 63,915 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →