Studio · 395 sqftAzizi Plaza, Al Furjan · 5th floor · completed 2021

508, Azizi Plaza

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

Unit 508 · DLD and Ejari recordsUpdated 26 December 2024
Last soldAED 475K26 December 2024
Current rentAED 44K /yr23 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Azizi Plaza

What is 508 worth today?

Last sold for AED 475,000 in 2024

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26 Dec 2024SoldReady
AED 475,000AED 1,204 per sqft
23 Sep 2024RentedNew contract
AED 44,000/yr12 months · AED 112 per sqft
4 Jul 2023RentedNew contract
AED 38,000/yr12 months · AED 96 per sqft
15 Jan 2022RentedNew contract
AED 32,000/yr12 months · AED 80 per sqft
10 Aug 2017Sold by developerOff-plan
AED 524,234AED 1,328 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 December 2024.

Key facts

Type
Studio hotel apartment
Size
395 sqft
Floor
5th of 12
Parking
G-27
Developer
Azizi Developments
Completed
2021
Last sold
AED 475K · December 2024
Building
Azizi Plaza

About 508, Azizi Plaza

508 is a studio of 395 sqft on the 5th floor of Azizi Plaza, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. It last sold on 26 December 2024 for AED 475,000, or AED 1,204 per sqft, 4% above the AED 1,155 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 23 September 2024, is AED 44,000 a year: a gross yield of 9.3% on the 2024 price.

Sales and rents for 508 over time

Sales
Unit 508, 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, August 2017: AED 524,234 (AED 1,328 per sqft)Sold, December 2024: AED 475,000 (AED 1,204 per sqft)

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

Rents
Unit 508, 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, January 2022: AED 32,000 a yearNew contract, July 2023: AED 38,000 a yearNew contract, September 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 508 sits

All 262 studios →

508 last sold in December 2024 at AED 1,204 per sqft, 4% above what studios in Azizi Plaza were fetching at the time (AED 1,155). 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. 508'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 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
505StudioAED 518K · Jan 2017
506StudioAED 432K · Feb 2023
507StudioAED 357K · Oct 2022
1–7 of 37

508, Azizi Plaza in numbers

  • Sold twice: first on 10 August 2017 for AED 524,234, last on 26 December 2024 for AED 475,000 (AED 1,204 per sqft).
  • Rented since January 2022 on 3 Ejari contracts, from AED 32,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2024 price is 9.3%.
  • 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 26 December 2024.

Questions about 508, Azizi Plaza

What did unit 508 last sell for?

AED 475,000 on 26 December 2024: AED 1,204 per sqft for 395 sqft. The unit has 2 registered sales; the first was AED 524,234 in August 2017.

What is the rent for unit 508?

AED 44,000 a year on the contract signed on 23 September 2024. The previous contract, from July 2023, was AED 38,000; the unit has been rented since January 2022.

How big is unit 508?

395 sqft (36.7 sqm): a studio on the 5th floor of a 12-storey tower completed in 2021.

What is unit 508 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 508, Azizi Plaza

Starts from the last sale price (AED 475K, 26 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

Plus AED 22,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →