Studio · 388 sqftAzizi Plaza, Al Furjan · 3rd floor · completed 2021

316, Azizi Plaza

Sold prices and rental history: sold twice, last in June 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 445K25 June 2024
Current rentAED 44K /yr18 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Azizi Plaza

What is 316 worth today?

Last sold for AED 445,000 in 2024

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25 Jun 2024SoldReady
AED 445,000AED 1,146 per sqft
18 Mar 2024RentedNew contract
AED 44,000/yr12 months · AED 114 per sqft
5 Mar 2023RentedRenewal
AED 31,000/yr12 months · AED 80 per sqft
5 Mar 2022RentedNew contract
AED 27,000/yr12 months · AED 70 per sqft
23 May 2017Sold by developerOff-plan
AED 512,841AED 1,321 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2024.

Key facts

Type
Studio hotel apartment
Size
388 sqft
Floor
3rd of 12
Parking
B-82
Developer
Azizi Developments
Completed
2021
Last sold
AED 445K · June 2024
Building
Azizi Plaza

About 316, Azizi Plaza

316 is a studio of 388 sqft on the 3rd floor of Azizi Plaza, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. It last sold on 25 June 2024 for AED 445,000, or AED 1,146 per sqft, in line with the AED 1,138 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 18 March 2024, is AED 44,000 a year: a gross yield of 9.9% on the 2024 price.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical studio in Azizi Plaza
400K500K2017202020232026Typical sale price by year: 2017 AED 532,000; 2018 AED 521,290; 2019 AED 510,854; 2021 AED 470,202; 2022 AED 397,440; 2023 AED 427,350; 2024 AED 440,000; 2025 AED 498,000; 2026 AED 519,000Sold by developer, May 2017: AED 512,841 (AED 1,321 per sqft)Sold, June 2024: AED 445,000 (AED 1,146 per sqft)

316 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 316, each contractTypical studio in Azizi Plaza
30K40K202220242026Typical rent by year: 2022 AED 30,000; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 44,000; 2026 AED 45,000New contract, March 2022: AED 27,000 a yearRenewal, March 2023: AED 31,000 a yearNew contract, March 2024: AED 44,000 a year

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

Studios in Azizi Plaza, and where 316 sits

All 262 studios →

316 last sold in June 2024 at AED 1,146 per sqft, in line with what studios in Azizi Plaza were fetching at the time (AED 1,138). Over the last 12 months studios sold for AED 399,823 to 550,000, around AED 1,342 per sqft, and rent for AED 30,000 to 66,000 a year. 316's AED 44,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 2026530,000
17 Feb 2026530,000
13 Feb 2026520,000
4 Feb 2026462,500
15 studio 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 3rd floor

All 430 units in Azizi Plaza
Value
3012-bedAED 952K · Oct 2022
302AED 499K · Oct 2025
303StudioAED 556K · May 2022
304AED 495K · Oct 2025
305StudioAED 503K · May 2017
306StudioAED 530K · Feb 2026
307StudioAED 505K · Nov 2017
1–7 of 37

316, Azizi Plaza in numbers

  • Sold twice: first on 23 May 2017 for AED 512,841, last on 25 June 2024 for AED 445,000 (AED 1,146 per sqft).
  • Rented since March 2022 on 3 Ejari contracts, from AED 27,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2024 price is 9.9%.
  • Studios in Azizi Plaza sold for AED 399,823–550,000 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 25 June 2024.

Questions about 316, Azizi Plaza

What did unit 316 last sell for?

AED 445,000 on 25 June 2024: AED 1,146 per sqft for 388 sqft. The unit has 2 registered sales; the first was AED 512,841 in May 2017.

What is the rent for unit 316?

AED 44,000 a year on the contract signed on 18 March 2024. The previous contract, from March 2023, was AED 31,000; the unit has been rented since March 2022.

How big is unit 316?

388 sqft (36.0 sqm): a studio on the 3rd floor of a 12-storey tower completed in 2021.

What is unit 316 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Plaza sold for AED 399,823 to 550,000 in the last 12 months, around AED 1,342 per sqft.

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Mortgage on 316, Azizi Plaza

Starts from the last sale price (AED 445K, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 445,000
Deposit, UAE resident (20%)
AED 89,000
Deposit, non-resident (40%)
AED 178,000
Monthly over 25 years at 3.7%
AED 1,821

Plus AED 21,600 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →