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2-bed · 910 sqftAzizi Plaza, Al Furjan · 4th floor · completed 2021

424, Azizi Plaza

Sold prices and rental history: sold twice, last in September 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 775K5 September 2023
Current rentAED 86K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Azizi Plaza

What is 424 worth today?

Last sold for AED 774,750 in 2023

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1 Oct 2024RentedNew contract
AED 86,000/yr12 months · AED 94 per sqft
19 Sep 2023RentedNew contract
AED 72,000/yr12 months · AED 79 per sqft
5 Sep 2023SoldReady
AED 774,750AED 851 per sqft
14 Feb 2018Sold by developerOff-plan
AED 1,128,881AED 1,240 per sqft

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

Key facts

Type
2-bed hotel apartment
Size
910 sqft
Floor
4th of 12
Parking
B-130
Developer
Azizi Developments
Completed
2021
Last sold
AED 775K · September 2023
Building
Azizi Plaza

About 424, Azizi Plaza

424 is a two-bedroom hotel apartment of 910 sqft on the 4th floor of Azizi Plaza, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. It last sold on 5 September 2023 for AED 774,750, or AED 851 per sqft, 6% below the AED 905 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 October 2024, is AED 86,000 a year: a gross yield of 11.1% on the 2023 price.

Sales and rents for 424 over time

Sales
Unit 424, each saleTypical two-bed in Azizi Plaza
800K1M1.2M2017202020232026Typical 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, February 2018: AED 1,128,881 (AED 1,240 per sqft)Sold, September 2023: AED 774,750 (AED 851 per sqft)

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

Rents
Unit 424, 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 2023: AED 72,000 a yearNew contract, October 2024: AED 86,000 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 424 sits

All 98 2-beds →

424 last sold in September 2023 at AED 851 per sqft, 6% below what two-beds in Azizi Plaza were fetching at the time (AED 905). 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. 424's AED 86,000 is in the lower 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 4th floor

All 430 units in Azizi Plaza
Value
4012-bedAED 1.13M · Dec 2024
402StudioAED 377K · Aug 2022
403StudioAED 517K · Dec 2017
404StudioAED 427K · Jan 2023
405StudioAED 505K · Feb 2018
406StudioAED 419K · Mar 2023
407StudioAED 531K · Dec 2017
1–7 of 37

424, Azizi Plaza in numbers

  • Sold twice: first on 14 February 2018 for AED 1,128,881, last on 5 September 2023 for AED 774,750 (AED 851 per sqft).
  • Rented since September 2023 on 2 Ejari contracts, from AED 72,000 to AED 86,000 a year.
  • At AED 86,000 a year the gross yield on the 2023 price is 11.1%.
  • 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 October 2024.

Questions about 424, Azizi Plaza

What did unit 424 last sell for?

AED 774,750 on 5 September 2023: AED 851 per sqft for 910 sqft. The unit has 2 registered sales; the first was AED 1,128,881 in February 2018.

What is the rent for unit 424?

AED 86,000 a year on the contract signed on 1 October 2024. The previous contract, from September 2023, was AED 72,000.

How big is unit 424?

910 sqft (84.5 sqm): a two-bedroom hotel apartment on the 4th floor of a 12-storey tower completed in 2021.

What is unit 424 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 424, Azizi Plaza

Starts from the last sale price (AED 775K, 5 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 774,750
Deposit, UAE resident (20%)
AED 154,950
Deposit, non-resident (40%)
AED 309,900
Monthly over 25 years at 3.7%
AED 3,170

Plus AED 37,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →