1-bed · 993 sqftAzizi Mina, Palm Jumeirah · 5th floor · completed 2021

501, Azizi Mina

Sold prices and rental history: sold once, by the developer in September 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 2.5M19 September 2017
Current rentAED 130K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Azizi Mina

What is 501 worth today?

Last sold for AED 2,499,954 in 2017

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1 Feb 2024RentedNew contract
AED 130,000/yr12 months · AED 131 per sqft
5 Jan 2022RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
19 Sep 2017Sold by developerOff-plan
AED 2,499,954AED 2,517 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2024.

Key facts

Type
1-bed hotel apartment
Size
993 sqft
Floor
5th of 9
Parking
B-138
Developer
Azizi Developments
Completed
2021
Last sold
AED 2.5M · September 2017
Building
Azizi Mina

About 501, Azizi Mina

501 is a one-bedroom hotel apartment of 993 sqft on the 5th floor of Azizi Mina, a 9-storey tower in Palm Jumeirah completed in 2021 by Azizi Developments. The developer sold it on 19 September 2017 for AED 2,499,954, or AED 2,517 per sqft, 5% above the AED 2,404 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 February 2024, is AED 130,000 a year: a gross yield of 5.2% on the 2017 price.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Azizi Mina
2.25M2.5M2017202020232026Typical 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, September 2017: AED 2,499,954 (AED 2,517 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Azizi Mina
100K125K150K202120232025Typical rent by year: 2021 AED 115,000; 2022 AED 125,000; 2023 AED 132,000; 2024 AED 145,000; 2025 AED 125,000New contract, January 2022: AED 100,000 a yearNew contract, February 2024: 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 501 sits

All 110 1-beds →

501 last sold in September 2017 at AED 2,517 per sqft, 5% above what one-beds in Azizi Mina were fetching at the time (AED 2,404). 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. 501'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 5th floor

All 175 units in Azizi Mina
Value
5021-bedAED 2.55M · Dec 2024
5031-bedAED 2.58M · Aug 2022
5042-bedAED 3.8M · Feb 2023
5052-bedAED 3.63M · Oct 2017
5061-bedAED 2.21M · Aug 2022
5071-bedAED 2.56M · May 2023
5081-bedAED 4.5M · Oct 2023
1–7 of 22

501, Azizi Mina in numbers

  • Sold once: by Azizi Developments on 19 September 2017 for AED 2,499,954, or AED 2,517 per sqft.
  • Rented since January 2022 on 2 Ejari contracts, from AED 100,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2017 price is 5.2%.
  • 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 1 February 2024.

Questions about 501, Azizi Mina

What did unit 501 last sell for?

AED 2,499,954 on 19 September 2017, sold by the developer: AED 2,517 per sqft for 993 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 130,000 a year on the contract signed on 1 February 2024. The previous contract, from January 2022, was AED 100,000.

How big is unit 501?

993 sqft (92.3 sqm): a one-bedroom hotel apartment on the 5th floor of a 9-storey tower completed in 2021.

What is unit 501 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 501, Azizi Mina

Starts from the last sale price (AED 2.5M, 19 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,499,954
Deposit, UAE resident (20%)
AED 499,991
Deposit, non-resident (40%)
AED 999,982
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,008 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →