2-bed · 910 sqftAzizi Plaza, Al Furjan · 7th floor · completed 2021

724, Azizi Plaza

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

Unit 724 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 753K19 June 2023
Current rentAED 72K /yr28 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 724, Azizi Plaza

What is 724 worth today?

Last sold for AED 752,550 in 2023

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28 Aug 2024RentedRenewal
AED 72,000/yr12 months · AED 80 per sqft
28 Aug 2023RentedNew contract
AED 65,000/yr12 months · AED 72 per sqft
19 Jun 2023SoldReady
AED 752,550AED 826 per sqft
26 Apr 2018Sold by developerOff-plan
AED 1,181,523AED 1,298 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2024.

Key facts

Type
2-bed hotel apartment
Size
910 sqft
Floor
7th of 12
Parking
P1-67
Developer
Azizi Developments
Completed
2021
Last sold
AED 753K · June 2023
Building
Azizi Plaza

About 724, Azizi Plaza

724 is a two-bedroom hotel apartment of 910 sqft on the 7th floor of Azizi Plaza, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. It last sold on 19 June 2023 for AED 752,550, or AED 826 per sqft, 9% 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, renewed on 28 August 2024, is AED 72,000 a year: a gross yield of 9.6% on the 2023 price.

Sales and rents for 724 over time

Sales
Unit 724, 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, April 2018: AED 1,181,523 (AED 1,298 per sqft)Sold, June 2023: AED 752,550 (AED 826 per sqft)

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

Rents
Unit 724, 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, August 2023: AED 65,000 a yearRenewal, August 2024: AED 72,000 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 724 sits

All 98 2-beds →

724 last sold in June 2023 at AED 826 per sqft, 9% 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. 724's AED 72,000 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 7th floor

All 430 units in Azizi Plaza
Value
7012-bedAED 878K · May 2022
702StudioAED 517K · May 2017
703StudioAED 321K · Feb 2022
704StudioAED 423K · Mar 2023
705StudioAED 534K · May 2017
706StudioAED 450K · Nov 2023
707StudioAED 470K · Jul 2025
1–7 of 36

724, Azizi Plaza in numbers

  • Sold twice: first on 26 April 2018 for AED 1,181,523, last on 19 June 2023 for AED 752,550 (AED 826 per sqft).
  • Rented since August 2023 on 2 Ejari contracts, from AED 65,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2023 price is 9.6%.
  • 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 28 August 2024.

Questions about 724, Azizi Plaza

What did unit 724 last sell for?

AED 752,550 on 19 June 2023: AED 826 per sqft for 910 sqft. The unit has 2 registered sales; the first was AED 1,181,523 in April 2018.

What is the rent for unit 724?

AED 72,000 a year on the contract renewed on 28 August 2024. The previous contract, from August 2023, was AED 65,000.

How big is unit 724?

910 sqft (84.5 sqm): a two-bedroom hotel apartment on the 7th floor of a 12-storey tower completed in 2021.

What is unit 724 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 724, Azizi Plaza

Starts from the last sale price (AED 753K, 19 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 752,550
Deposit, UAE resident (20%)
AED 150,510
Deposit, non-resident (40%)
AED 301,020
Monthly over 25 years at 3.7%
AED 3,079

Plus AED 36,617 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →