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Studio · 390 sqftAzizi Aura, Jebel Ali Downtown · 7th floor · completed 2020

718, Azizi Aura

Sold prices and rental history: sold twice, last in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 718 · DLD and Ejari recordsUpdated 8 June 2024
Last soldAED 485K31 January 2024
Current rentAED 42K /yr8 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 718, Azizi Aura

What is 718 worth today?

Last sold for AED 485,000 in 2024

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8 Jun 2024RentedNew contract
AED 42,000/yr12 months · AED 108 per sqft
31 Jan 2024SoldReady
AED 485,000AED 1,243 per sqft
1 Jun 2023RentedRenewal
AED 28,000/yr12 months · AED 72 per sqft
1 Jun 2021RentedNew contract
AED 23,000/yr12 months · AED 59 per sqft
25 Apr 2018Sold by developerOff-plan
AED 479,338AED 1,228 per sqft

Source: Dubai Land Department. Updated 8 June 2024.

Key facts

Type
Studio apartment
Size
390 sqft
Floor
7th of 17
Parking
P1-33
Developer
Azizi Developments
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 485K · January 2024
Building
Azizi Aura

About 718, Azizi Aura

718 is a studio of 390 sqft on the 7th floor of Azizi Aura, a 17-storey tower in Jebel Ali Downtown completed in 2020 by Azizi Developments. It last sold on 31 January 2024 for AED 485,000, or AED 1,243 per sqft, in line with the AED 1,223 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 8 June 2024, is AED 42,000 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 7,200 a year.

Sales and rents for 718 over time

Sales
Unit 718, each saleTypical studio in Azizi Aura
400K500K600K2017202020232026Typical sale price by year: 2017 AED 495,550; 2018 AED 490,440; 2019 AED 483,630; 2020 AED 492,978; 2021 AED 347,500; 2022 AED 410,000; 2023 AED 450,000; 2024 AED 475,000; 2025 AED 492,500; 2026 AED 562,500Sold by developer, April 2018: AED 479,338 (AED 1,228 per sqft)Sold, January 2024: AED 485,000 (AED 1,243 per sqft)

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

Rents
Unit 718, each contractTypical studio in Azizi Aura
20K40K2021202320252027Typical rent by year: 2021 AED 24,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 42,000; 2025 AED 45,000; 2026 AED 49,000New contract, June 2021: AED 23,000 a yearRenewal, June 2023: AED 28,000 a yearNew contract, June 2024: AED 42,000 a year

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

Studios in Azizi Aura, and where 718 sits

All 334 studios →

718 last sold in January 2024 at AED 1,243 per sqft, in line with what studios in Azizi Aura were fetching at the time (AED 1,223). Over the last 12 months studios sold for AED 450,000 to 605,000, around AED 1,527 per sqft, and rent for AED 20,000 to 65,000 a year. 718's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Feb 2026525,000
18 Feb 2026570,000
7 Feb 2026481,100
3 Feb 2026450,000
14 studio sales in the last 12 months

Azizi Aura

Building

476 apartments, studios to 2-bed over 17 floors in Jebel Ali Downtown, completed in 2020 by Azizi Developments. 17 sold in the last 12 months.

Typical price per sqft
AED 1,507 Up 22.2%
Typical sale
AED 570K
Typical rent
AED 50K /yr
Typical yield
8.2%
Azizi Aura, Jebel Ali Downtown: prices, sales and rents →

Other units on the 7th floor

All 476 units in Azizi Aura
Value
701StudioAED 500K · Dec 2017
702StudioAED 427K · Aug 2017
7032-bedAED 1M · Jan 2020
7041-bedAED 839K · Dec 2017
705StudioAED 471K · May 2018
706StudioAED 380K · Jul 2023
707StudioAED 476K · Oct 2020
1–7 of 35

718, Azizi Aura in numbers

  • Sold twice: first on 25 April 2018 for AED 479,338, last on 31 January 2024 for AED 485,000 (AED 1,243 per sqft).
  • Rented since June 2021 on 3 Ejari contracts, from AED 23,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 8.7%, before a service charge of about AED 7,200 a year (AED 18.34 per sqft).
  • Studios in Azizi Aura sold for AED 450,000–605,000 in the 12 months to November 2026; the building's median across all types is AED 1,507 per sqft.

Source: Dubai Land Department. Updated 8 June 2024.

Questions about 718, Azizi Aura

What did unit 718 last sell for?

AED 485,000 on 31 January 2024: AED 1,243 per sqft for 390 sqft. The unit has 2 registered sales; the first was AED 479,338 in April 2018.

What is the rent for unit 718?

AED 42,000 a year on the contract signed on 8 June 2024. The previous contract, from June 2023, was AED 28,000; the unit has been rented since June 2021.

How big is unit 718?

390 sqft (36.2 sqm): a studio on the 7th floor of a 17-storey tower completed in 2020.

What is unit 718 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Aura sold for AED 450,000 to 605,000 in the last 12 months, around AED 1,527 per sqft.

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Mortgage on 718, Azizi Aura

Starts from the last sale price (AED 485K, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

Plus AED 23,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →