1-bed · 931 sqftAzizi Mina, Palm Jumeirah · 5th floor · completed 2021

517, Azizi Mina

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 2.32M24 August 2022
Current rentAED 140K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Azizi Mina

What is 517 worth today?

Last sold for AED 2,320,014 in 2022

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1 Sep 2024RentedNew contract
AED 140,000/yr12 months · AED 151 per sqft
24 Aug 2022Sold by developerReady
AED 2,320,014AED 2,493 per sqft

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

Key facts

Type
1-bed hotel apartment
Size
931 sqft
Floor
5th of 9
Parking
B-164
Developer
Azizi Developments
Completed
2021
Last sold
AED 2.32M · August 2022
Building
Azizi Mina

About 517, Azizi Mina

517 is a one-bedroom hotel apartment of 931 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 24 August 2022 for AED 2,320,014, or AED 2,493 per sqft, in line with the AED 2,436 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 140,000 a year: a gross yield of 6.0% on the 2022 price.

Sales and rents for 517 over time

Sales
Unit 517, 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, August 2022: AED 2,320,014 (AED 2,493 per sqft)

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

Rents
Unit 517, 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, September 2024: AED 140,000 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 517 sits

All 110 1-beds →

517 last sold in August 2022 at AED 2,493 per sqft, in line with what one-beds in Azizi Mina were fetching at the time (AED 2,436). 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. 517's AED 140,000 is in the upper 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
5011-bedAED 2.5M · Sep 2017
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
1–7 of 22

517, Azizi Mina in numbers

  • Sold once: by Azizi Developments on 24 August 2022 for AED 2,320,014, or AED 2,493 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 6.0%.
  • 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 September 2024.

Questions about 517, Azizi Mina

What did unit 517 last sell for?

AED 2,320,014 on 24 August 2022, sold by the developer: AED 2,493 per sqft for 931 sqft. It is the only registered sale of the unit.

What is the rent for unit 517?

AED 140,000 a year on the contract signed on 1 September 2024.

How big is unit 517?

931 sqft (86.5 sqm): a one-bedroom hotel apartment on the 5th floor of a 9-storey tower completed in 2021.

What is unit 517 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 517, Azizi Mina

Starts from the last sale price (AED 2.32M, 24 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,320,014
Deposit, UAE resident (20%)
AED 464,003
Deposit, non-resident (40%)
AED 928,006
Monthly over 25 years at 3.7%
AED 9,492

Plus AED 102,451 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →