1-bed · 1,187 sqftAzizi Mina, Palm Jumeirah · 4th floor · completed 2021

409, Azizi Mina

Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 15 April 2023
Last soldAED 2.95M8 February 2023
Current rentAED 130K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Azizi Mina

What is 409 worth today?

Last sold for AED 2,952,380 in 2023

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15 Apr 2023RentedNew contract
AED 130,000/yr12 months · AED 110 per sqft
8 Feb 2023Sold by developerReady
AED 2,952,380AED 2,486 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2023.

Key facts

Type
1-bed hotel apartment
Size
1,187 sqft
Floor
4th of 9
Parking
B-124
Developer
Azizi Developments
Completed
2021
Last sold
AED 2.95M · February 2023
Building
Azizi Mina

About 409, Azizi Mina

409 is a one-bedroom hotel apartment of 1,187 sqft on the 4th floor of Azizi Mina, a 9-storey tower in Palm Jumeirah completed in 2021 by Azizi Developments. The developer sold it on 8 February 2023 for AED 2,952,380, or AED 2,486 per sqft, in line with the AED 2,490 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 April 2023. The current contract, signed on 15 April 2023, is AED 130,000 a year: a gross yield of 4.4% on the 2023 price.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Azizi Mina
2M2.5M3M2017202020232026Typical sale price by year: 2017 AED 2,321,925; 2018 AED 2,431,441; 2019 AED 2,479,027; 2021 AED 2,109,585; 2022 AED 2,320,014; 2023 AED 2,556,960; 2024 AED 2,330,000; 2025 AED 2,250,000Sold by developer, February 2023: AED 2,952,380 (AED 2,486 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Azizi Mina
120K140K202120232025Typical rent by year: 2021 AED 115,000; 2022 AED 125,000; 2023 AED 132,000; 2024 AED 145,000; 2025 AED 125,000New contract, April 2023: AED 130,000 a year

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

1-beds in Azizi Mina, and where 409 sits

All 110 1-beds →

409 last sold in February 2023 at AED 2,486 per sqft, in line with what one-beds in Azizi Mina were fetching at the time (AED 2,490). Over the last 12 months one-beds sold for AED 2,050,000 to 2,300,000, around AED 2,312 per sqft, and rent for AED 125,000 to 150,000 a year. 409's AED 130,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jan 20262,300,000
8 Jan 20262,075,000
18 Dec 20252,250,000
18 Jun 20253,650,000
4 1-bed sales in the last 12 months

Azizi Mina

Building

175 apartments, 1-bed to 3-bed over 9 floors in Palm Jumeirah, completed in 2021 by Azizi Developments. 7 sold in the last 12 months.

Typical price per sqft
AED 2,179
Typical sale
AED 2.16M
Typical rent
AED 165K /yr
Typical yield
6.0%
Azizi Mina, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 175 units in Azizi Mina
Value
4011-bedAED 2.3M · Jun 2021
402AED 2.05M · Dec 2025
4031-bedAED 2.77M · Jan 2023
4042-bedAED 3.98M · Jun 2017
4052-bedAED 4.39M · Apr 2017
4061-bedAED 2.43M · Sep 2017
4071-bedNo registered sale
1–7 of 22

409, Azizi Mina in numbers

  • Sold once: by Azizi Developments on 8 February 2023 for AED 2,952,380, or AED 2,486 per sqft.
  • Rented since April 2023 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 4.4%.
  • One-beds in Azizi Mina sold for AED 2,050,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,179 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2023.

Questions about 409, Azizi Mina

What did unit 409 last sell for?

AED 2,952,380 on 8 February 2023, sold by the developer: AED 2,486 per sqft for 1,187 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 130,000 a year on the contract signed on 15 April 2023.

How big is unit 409?

1,187 sqft (110.3 sqm): a one-bedroom hotel apartment on the 4th floor of a 9-storey tower completed in 2021.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azizi Mina sold for AED 2,050,000 to 2,300,000 in the last 12 months, around AED 2,312 per sqft.

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Mortgage on 409, Azizi Mina

Starts from the last sale price (AED 2.95M, 8 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,952,380
Deposit, UAE resident (20%)
AED 590,476
Deposit, non-resident (40%)
AED 1,180,952
Monthly over 25 years at 3.7%
AED 12,079

Plus AED 129,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →