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Studio · 381 sqftAzizi Plaza, Al Furjan · 5th floor · completed 2021

505, Azizi Plaza

Sold prices and rental history: sold once, by the developer in January 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 23 December 2022
Last soldAED 518K17 January 2017
Current rentAED 32K /yr23 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Azizi Plaza

What is 505 worth today?

Last sold for AED 518,107 in 2017

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23 Dec 2022RentedRenewal
AED 31,500/yr12 months · AED 84 per sqft
23 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 80 per sqft
17 Jan 2017Sold by developerOff-plan
AED 518,107AED 1,361 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 December 2022.

Key facts

Type
Studio hotel apartment
Size
381 sqft
Floor
5th of 12
Parking
G-18
Developer
Azizi Developments
Completed
2021
Last sold
AED 518K · January 2017
Building
Azizi Plaza

About 505, Azizi Plaza

505 is a studio of 381 sqft on the 5th floor of Azizi Plaza, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. The developer sold it on 17 January 2017 for AED 518,107, or AED 1,361 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 23 December 2022, is AED 31,500 a year: a gross yield of 6.1% on the 2017 price.

Sales and rents for 505 over time

Sales
Unit 505, 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, January 2017: AED 518,107 (AED 1,361 per sqft)

505 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 505, each contractTypical studio in Azizi Plaza
30K40K2021202320252027Typical rent by year: 2022 AED 30,000; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 44,000; 2026 AED 45,000New contract, December 2021: AED 30,000 a yearRenewal, December 2022: AED 31,500 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 505 sits

All 262 studios →

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. 505's AED 31,500 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 5th floor

All 430 units in Azizi Plaza
Value
5012-bedAED 922K · Apr 2022
502StudioAED 374K · May 2023
503StudioAED 528K · Apr 2017
504StudioAED 505K · Feb 2018
506StudioAED 432K · Feb 2023
507StudioAED 357K · Oct 2022
508StudioAED 475K · Dec 2024
1–7 of 37

505, Azizi Plaza in numbers

  • Sold once: by Azizi Developments on 17 January 2017 for AED 518,107, or AED 1,361 per sqft.
  • Rented since December 2021 on 2 Ejari contracts, from AED 30,000 to AED 31,500 a year.
  • At AED 31,500 a year the gross yield on the 2017 price is 6.1%.
  • 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 23 December 2022.

Questions about 505, Azizi Plaza

What did unit 505 last sell for?

AED 518,107 on 17 January 2017, sold by the developer: AED 1,361 per sqft for 381 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 31,500 a year on the contract renewed on 23 December 2022. The previous contract, from December 2021, was AED 30,000.

How big is unit 505?

381 sqft (35.4 sqm): a studio on the 5th floor of a 12-storey tower completed in 2021.

What is unit 505 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 505, Azizi Plaza

Starts from the last sale price (AED 518K, 17 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 518,107
Deposit, UAE resident (20%)
AED 103,621
Deposit, non-resident (40%)
AED 207,243
Monthly over 25 years at 3.7%
AED 2,120

Plus AED 26,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →