Studio · 384 sqftAzizi Shaista Residence, Al Furjan · 5th floor · completed 2021

515, Azizi Shaista Residence

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

Unit 515 · DLD and Ejari recordsUpdated 7 October 2025
Last soldAED 370K4 April 2023
Current rentAED 48K /yr7 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Azizi Shaista Residence

What is 515 worth today?

Last sold for AED 370,000 in 2023

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7 Oct 2025RentedNew contract
AED 48,000/yr12 months · AED 125 per sqft
3 Oct 2024RentedNew contract
AED 47,000/yr12 months · AED 122 per sqft
7 Mar 2024RentedNew contract
AED 49,500/yr12 months · AED 129 per sqft
12 Apr 2023RentedNew contract
AED 38,000/yr12 months · AED 99 per sqft
4 Apr 2023SoldReady
AED 370,000AED 962 per sqft
13 Nov 2017Sold by developerOff-plan
AED 540,000AED 1,405 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2025.

Key facts

Type
Studio apartment
Size
384 sqft
Floor
5th of 12
Parking
P2-16
Developer
Azizi Developments
Completed
2021
Last sold
AED 370K · April 2023

About 515, Azizi Shaista Residence

515 is a studio of 384 sqft on the 5th floor of Azizi Shaista Residence, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. It last sold on 4 April 2023 for AED 370,000, or AED 962 per sqft, in line with the AED 982 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 7 October 2025, is AED 48,000 a year: a gross yield of 13.0% on the 2023 price.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical studio in Azizi Shaista Residence
400K500K2016201920222025Typical sale price by year: 2016 AED 530,000; 2017 AED 510,540; 2018 AED 532,601; 2021 AED 526,157; 2022 AED 388,600; 2023 AED 403,900; 2024 AED 485,000; 2025 AED 545,500Sold by developer, November 2017: AED 540,000 (AED 1,405 per sqft)Sold, April 2023: AED 370,000 (AED 962 per sqft)

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

Rents
Unit 515, each contractTypical studio in Azizi Shaista Residence
40K2021202320252027Typical rent by year: 2021 AED 28,500; 2022 AED 31,750; 2023 AED 37,000; 2024 AED 42,000; 2025 AED 46,000; 2026 AED 51,000New contract, April 2023: AED 38,000 a yearNew contract, March 2024: AED 49,500 a yearNew contract, October 2024: AED 47,000 a yearNew contract, October 2025: AED 48,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Azizi Shaista Residence, and where 515 sits

All 131 studios →

515 last sold in April 2023 at AED 962 per sqft, in line with what studios in Azizi Shaista Residence were fetching at the time (AED 982). Over the last 12 months studios sold for AED 550,000 to 590,000, around AED 1,483 per sqft, and rent for AED 35,500 to 72,000 a year. 515's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Dec 2025580,000
23 Dec 2025560,000
10 Dec 2025550,000
17 Jun 2025530,000
4 studio sales in the last 12 months

Azizi Shaista Residence

Building

282 apartments, studios to 2-bed over 12 floors in Al Furjan, completed in 2021 by Azizi Developments. 6 sold in the last 12 months.

Typical price per sqft
AED 1,425
Typical sale
AED 585K
Typical rent
AED 55K /yr
Typical yield
7.8%
Azizi Shaista Residence, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 282 units in Azizi Shaista Residence
Value
5011-bedAED 816K · Oct 2022
5021-bedAED 648K · Mar 2022
503StudioAED 399K · May 2023
504StudioAED 561K · Apr 2018
5051-bedAED 734K · May 2022
506StudioAED 530K · Jun 2025
507StudioAED 385K · Feb 2024
1–7 of 23

515, Azizi Shaista Residence in numbers

  • Sold twice: first on 13 November 2017 for AED 540,000, last on 4 April 2023 for AED 370,000 (AED 962 per sqft).
  • Rented since April 2023 on 4 Ejari contracts, from AED 38,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2023 price is 13.0%.
  • Studios in Azizi Shaista Residence sold for AED 550,000–590,000 in the 12 months to November 2026; the building's median across all types is AED 1,425 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2025.

Questions about 515, Azizi Shaista Residence

What did unit 515 last sell for?

AED 370,000 on 4 April 2023: AED 962 per sqft for 384 sqft. The unit has 2 registered sales; the first was AED 540,000 in November 2017.

What is the rent for unit 515?

AED 48,000 a year on the contract signed on 7 October 2025. The previous contract, from October 2024, was AED 47,000; the unit has been rented since April 2023.

How big is unit 515?

384 sqft (35.7 sqm): a studio on the 5th floor of a 12-storey tower completed in 2021.

What is unit 515 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Shaista Residence sold for AED 550,000 to 590,000 in the last 12 months, around AED 1,483 per sqft.

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Mortgage on 515, Azizi Shaista Residence

Starts from the last sale price (AED 370K, 4 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

Plus AED 18,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →