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2-bed · 1,020 sqftAzizi Plaza, Al Furjan · 9th floor · completed 2021

938, Azizi Plaza

Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 938 · DLD and Ejari recordsUpdated 1 July 2023
Last soldAED 1.01M8 November 2021
Current rentAED 66K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 938, Azizi Plaza

What is 938 worth today?

Last sold for AED 1,014,900 in 2021

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1 Jul 2023RentedRenewal
AED 66,000/yr12 months · AED 65 per sqft
1 Jun 2022RentedNew contract
AED 60,000/yr13 months · AED 59 per sqft
8 Nov 2021Sold by developerOff-plan
AED 1,014,900AED 994 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2023.

Key facts

Type
2-bed hotel apartment
Size
1,020 sqft
Floor
9th of 12
Parking
P2-42
Developer
Azizi Developments
Completed
2021
Last sold
AED 1.01M · November 2021
Building
Azizi Plaza

About 938, Azizi Plaza

938 is a two-bedroom hotel apartment of 1,020 sqft on the 9th floor of Azizi Plaza, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. The developer sold it on 8 November 2021 for AED 1,014,900, or AED 994 per sqft, in line with the AED 972 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 66,000 a year: a gross yield of 6.5% on the 2021 price.

Sales and rents for 938 over time

Sales
Unit 938, 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, November 2021: AED 1,014,900 (AED 994 per sqft)

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

Rents
Unit 938, 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, June 2022: AED 60,000 a yearRenewal, July 2023: AED 66,000 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 938 sits

All 98 2-beds →

938 last sold in November 2021 at AED 994 per sqft, in line with what two-beds in Azizi Plaza were fetching at the time (AED 972). 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. 938's AED 66,000 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 9th floor

All 430 units in Azizi Plaza
Value
9012-bedAED 811K · Aug 2022
902StudioAED 533K · Oct 2017
903StudioAED 450K · Oct 2021
904StudioAED 528K · Sep 2017
905StudioAED 539K · Jul 2017
906StudioAED 454K · Feb 2023
907StudioAED 400K · Nov 2023
1–7 of 37

938, Azizi Plaza in numbers

  • Sold once: by Azizi Developments on 8 November 2021 for AED 1,014,900, or AED 994 per sqft.
  • Rented since June 2022 on 2 Ejari contracts, from AED 60,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2021 price is 6.5%.
  • 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 July 2023.

Questions about 938, Azizi Plaza

What did unit 938 last sell for?

AED 1,014,900 on 8 November 2021, sold by the developer: AED 994 per sqft for 1,020 sqft. It is the only registered sale of the unit.

What is the rent for unit 938?

AED 66,000 a year on the contract renewed on 1 July 2023. The previous contract, from June 2022, was AED 60,000.

How big is unit 938?

1,020 sqft (94.8 sqm): a two-bedroom hotel apartment on the 9th floor of a 12-storey tower completed in 2021.

What is unit 938 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 938, Azizi Plaza

Starts from the last sale price (AED 1.01M, 8 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,014,900
Deposit, UAE resident (20%)
AED 202,980
Deposit, non-resident (40%)
AED 405,960
Monthly over 25 years at 3.7%
AED 4,152

Plus AED 47,636 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →