Studio · 388 sqftAzizi Plaza, Al Furjan · 8th floor · completed 2021

816, Azizi Plaza

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

Unit 816 · DLD and Ejari recordsUpdated 27 August 2024
Last soldAED 412K12 March 2023
Current rentAED 34K /yr27 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 816, Azizi Plaza

What is 816 worth today?

Last sold for AED 412,450 in 2023

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27 Aug 2024RentedRenewal
AED 34,000/yr12 months · AED 88 per sqft
27 Aug 2023RentedNew contract
AED 34,000/yr12 months · AED 88 per sqft
18 May 2023RentedNew contract
AED 38,000/yr12 months · AED 98 per sqft
12 Mar 2023SoldReady
AED 412,450AED 1,062 per sqft
8 Nov 2017Sold by developerOff-plan
AED 519,559AED 1,338 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 August 2024.

Key facts

Type
Studio hotel apartment
Size
388 sqft
Floor
8th of 12
Parking
P1-99
Developer
Azizi Developments
Completed
2021
Last sold
AED 412K · March 2023
Building
Azizi Plaza

About 816, Azizi Plaza

816 is a studio of 388 sqft on the 8th floor of Azizi Plaza, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. It last sold on 12 March 2023 for AED 412,450, or AED 1,062 per sqft, in line with the AED 1,062 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 27 August 2024, is AED 34,000 a year: a gross yield of 8.2% on the 2023 price.

Sales and rents for 816 over time

Sales
Unit 816, 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, November 2017: AED 519,559 (AED 1,338 per sqft)Sold, March 2023: AED 412,450 (AED 1,062 per sqft)

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

Rents
Unit 816, 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, May 2023: AED 38,000 a yearNew contract, August 2023: AED 34,000 a yearRenewal, August 2024: AED 34,000 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 816 sits

All 262 studios →

816 last sold in March 2023 at AED 1,062 per sqft, in line with what studios in Azizi Plaza were fetching at the time (AED 1,062). 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. 816's AED 34,000 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 8th floor

All 430 units in Azizi Plaza
Value
8012-bedAED 1.05M · Nov 2021
802StudioAED 510K · Apr 2018
803StudioAED 460K · Oct 2024
804StudioAED 522K · Mar 2018
805StudioAED 536K · Oct 2021
806StudioAED 412K · Jun 2023
807StudioAED 412K · May 2023
1–7 of 36

816, Azizi Plaza in numbers

  • Sold twice: first on 8 November 2017 for AED 519,559, last on 12 March 2023 for AED 412,450 (AED 1,062 per sqft).
  • Rented since May 2023 on 3 Ejari contracts, from AED 38,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2023 price is 8.2%.
  • 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 27 August 2024.

Questions about 816, Azizi Plaza

What did unit 816 last sell for?

AED 412,450 on 12 March 2023: AED 1,062 per sqft for 388 sqft. The unit has 2 registered sales; the first was AED 519,559 in November 2017.

What is the rent for unit 816?

AED 34,000 a year on the contract renewed on 27 August 2024. The previous contract, from August 2023, was AED 34,000; the unit has been rented since May 2023.

How big is unit 816?

388 sqft (36.0 sqm): a studio on the 8th floor of a 12-storey tower completed in 2021.

What is unit 816 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 816, Azizi Plaza

Starts from the last sale price (AED 412K, 12 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 412,450
Deposit, UAE resident (20%)
AED 82,490
Deposit, non-resident (40%)
AED 164,980
Monthly over 25 years at 3.7%
AED 1,687

Plus AED 20,233 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →