Studio · 365 sqftAzizi Mirage 1, Dubai Studio City · 2nd floor · completed 2022

240, Azizi Mirage 1

Sold prices and rental history: sold 3 times, last in February 2026, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 240 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 550K9 February 2026
Current rentAED 50K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 240, Azizi Mirage 1

What is 240 worth today?

Last sold for AED 550,000 in 2026

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20 Feb 2026RentedNew contract
AED 50,000/yr12 months · AED 137 per sqft
9 Feb 2026SoldReady
AED 550,000AED 1,517 per sqft
10 Mar 2025SoldOff-plan
AED 510,000AED 1,398 per sqft
23 Oct 2024Sold by developerOff-plan
AED 526,220AED 1,442 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 February 2026.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
2nd of 9
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 550K · February 2026

About 240, Azizi Mirage 1

240 is a studio of 365 sqft on the 2nd floor of Azizi Mirage 1, a 9-storey tower in Dubai Studio City completed in 2022 by Azizi Developments. It last sold on 9 February 2026 for AED 550,000, or AED 1,517 per sqft, 8% above the AED 1,410 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 February 2026. The current contract, signed on 20 February 2026, is AED 50,000 a year: a gross yield of 9.1% on the 2026 price.

Sales and rents for 240 over time

Sales
Unit 240, each saleTypical studio in Azizi Mirage 1
500K550K20232024202520262027Typical sale price by year: 2023 AED 486,925; 2024 AED 490,800; 2025 AED 494,400; 2026 AED 530,525Sold by developer, October 2024: AED 526,220 (AED 1,442 per sqft)Sold, March 2025: AED 510,000 (AED 1,398 per sqft)Sold, February 2026: AED 550,000 (AED 1,517 per sqft)

240 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in Azizi Mirage 1, and where 240 sits

All 125 studios →

240 last sold in February 2026 at AED 1,517 per sqft, 8% above what studios in Azizi Mirage 1 were fetching at the time (AED 1,410). Over the last 12 months studios sold for AED 458,990 to 888,000, around AED 1,421 per sqft, and rent for AED 42,000 to 66,000 a year. 240's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Feb 2026622,000
30 Jan 2026489,010
27 Jan 2026492,000
15 Jan 2026600,000
27 studio sales in the last 12 months

Azizi Mirage 1

Building

385 apartments, studios to 2-bed over 9 floors in Dubai Studio City, completed in 2022 by Azizi Developments. 46 sold in the last 12 months.

Typical price per sqft
AED 1,414 Up 1.7%
Typical sale
AED 600K
Typical rent
AED 48K /yr
Typical yield
9.4%
Azizi Mirage 1, Dubai Studio City: prices, sales and rents →

Other units on the 2nd floor

All 385 units in Azizi Mirage 1
Value
2011-bedAED 884K · Feb 2026
202StudioAED 525K · Sep 2024
203AED 526K · Oct 2025
204AED 1.17M · Sep 2025
2051-bedAED 670K · Feb 2025
2071-bedAED 481K · Dec 2023
208StudioAED 492K · Oct 2024
1–7 of 48

240, Azizi Mirage 1 in numbers

  • Sold 3 times: first on 23 October 2024 for AED 526,220, last on 9 February 2026 for AED 550,000 (AED 1,517 per sqft).
  • Rented since February 2026 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2026 price is 9.1%.
  • Studios in Azizi Mirage 1 sold for AED 458,990–888,000 in the 12 months to November 2026; the building's median across all types is AED 1,414 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 February 2026.

Questions about 240, Azizi Mirage 1

What did unit 240 last sell for?

AED 550,000 on 9 February 2026: AED 1,517 per sqft for 365 sqft. The unit has 3 registered sales; the first was AED 526,220 in October 2024.

What is the rent for unit 240?

AED 50,000 a year on the contract signed on 20 February 2026.

How big is unit 240?

365 sqft (33.9 sqm): a studio on the 2nd floor of a 9-storey tower completed in 2022.

What is unit 240 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Mirage 1 sold for AED 458,990 to 888,000 in the last 12 months, around AED 1,421 per sqft.

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Mortgage on 240, Azizi Mirage 1

Starts from the last sale price (AED 550K, 9 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →