3-bed · 1,745 sqftAzizi Feirouz Residence, Al Furjan · 3rd floor · completed 2016

309, Azizi Feirouz Residence

Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 20 February 2023
Last soldAED 1.66M21 April 2015
Current rentAED 120K /yr20 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Azizi Feirouz Residence

What is 309 worth today?

Last sold for AED 1,656,745 in 2015

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20 Feb 2023RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
6 Dec 2021RentedNew contract
AED 90,000/yr12 months · AED 52 per sqft
3 Aug 2018RentedNew contract
AED 109,705/yr12 months · AED 63 per sqft
20 Jan 2017RentedNew contract
AED 135,000/yr12 months · AED 77 per sqft
21 Apr 2015Sold by developerOff-plan
AED 1,656,745AED 949 per sqft

Source: Dubai Land Department. Updated 20 February 2023.

Key facts

Type
3-bed apartment
Size
1,745 sqft
Floor
3rd of 11
Parking
G-18,G-19
Developer
Azizi Developments
Completed
2016
Service charge
AED 25,800 /yr
Last sold
AED 1.66M · April 2015

About 309, Azizi Feirouz Residence

309 is a three-bedroom apartment of 1,745 sqft on the 3rd floor of Azizi Feirouz Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. The developer sold it on 21 April 2015 for AED 1,656,745, or AED 949 per sqft, in line with the AED 941 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 20 February 2023, is AED 120,000 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 25,800 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical three-bed in Azizi Feirouz Residence
1.65M1.7M2014201520162017Typical sale price by year: 2014 AED 1,628,005; 2015 AED 1,656,745; 2016 AED 1,700,000Sold by developer, April 2015: AED 1,656,745 (AED 949 per sqft)

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

Rents
Unit 309, each contractTypical three-bed in Azizi Feirouz Residence
75K100K125K2017202020232026Typical rent by year: 2017 AED 125,000; 2018 AED 109,705; 2019 AED 99,000; 2020 AED 82,000; 2021 AED 85,000; 2022 AED 90,203; 2023 AED 105,000; 2024 AED 115,500; 2025 AED 130,000; 2026 AED 132,000New contract, January 2017: AED 135,000 a yearNew contract, August 2018: AED 109,705 a yearNew contract, December 2021: AED 90,000 a yearNew contract, February 2023: AED 120,000 a year

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

3-beds in Azizi Feirouz Residence, and where 309 sits

All 20 3-beds →

309 last sold in April 2015 at AED 949 per sqft, in line with what three-beds in Azizi Feirouz Residence were fetching at the time (AED 941). Over the last 12 months three-beds sold for AED 2,200,000, around AED 1,196 per sqft, and rent for AED 120,603 to 150,000 a year. 309's AED 120,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 May 20262,200,000
28 Nov 20231,650,000
1 Feb 20231,250,000
22 Apr 20221,350,000
1 3-bed sale in the last 12 months

Azizi Feirouz Residence

Building

99 apartments, 1-bed to 3-bed over 11 floors in Al Furjan, completed in 2016 by Azizi Developments. 8 sold in the last 12 months.

Typical price per sqft
AED 1,070
Typical sale
AED 1.26M
Typical rent
AED 85K /yr
Typical yield
6.7%
Azizi Feirouz Residence, Al Furjan: prices, sales and rents →

Other units on the 3rd floor

All 99 units in Azizi Feirouz Residence
Value
3012-bedAED 1.22M · Nov 2023
3022-bedAED 1.58M · Aug 2026
3032-bedAED 1.68M · Aug 2026
3042-bedAED 1.49M · Aug 2014
3051-bedAED 875K · Mar 2024
3061-bedAED 950K · Dec 2017
3071-bedAED 1.04M · Jun 2017
1–7 of 9

309, Azizi Feirouz Residence in numbers

  • Sold once: by Azizi Developments on 21 April 2015 for AED 1,656,745, or AED 949 per sqft.
  • Rented since January 2017 on 4 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2021 and recovered to AED 120,000 by February 2023.
  • At AED 120,000 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 25,800 a year (AED 14.77 per sqft).
  • Three-beds in Azizi Feirouz Residence sold for AED 2,200,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,070 per sqft.

Source: Dubai Land Department. Updated 20 February 2023.

Questions about 309, Azizi Feirouz Residence

What did unit 309 last sell for?

AED 1,656,745 on 21 April 2015, sold by the developer: AED 949 per sqft for 1,745 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 120,000 a year on the contract signed on 20 February 2023. The previous contract, from December 2021, was AED 90,000; the unit has been rented since January 2017.

How big is unit 309?

1,745 sqft (162.1 sqm): a three-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2016.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Azizi Feirouz Residence sold for AED 2,200,000 to 2,200,000 in the last 12 months, around AED 1,196 per sqft.

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Mortgage on 309, Azizi Feirouz Residence

Starts from the last sale price (AED 1.66M, 21 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,656,745
Deposit, UAE resident (20%)
AED 331,349
Deposit, non-resident (40%)
AED 662,698
Monthly over 25 years at 3.7%
AED 6,778

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →