2-bed · 1,402 sqftAzizi Feirouz Residence, Al Furjan · 5th floor · completed 2016

502, Azizi Feirouz Residence

Sold prices and rental history: sold once, by the developer in February 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 1.42M14 February 2016
Current rentAED 78K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Azizi Feirouz Residence

What is 502 worth today?

Last sold for AED 1,423,987 in 2016

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1 Feb 2023RentedRenewal
AED 78,000/yr12 months · AED 56 per sqft
1 Feb 2022RentedNew contract
AED 72,000/yr12 months · AED 51 per sqft
6 May 2019RentedNew contract
AED 78,000/yr12 months · AED 56 per sqft
4 Jan 2018RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
14 Feb 2016Sold by developerOff-plan
AED 1,423,987AED 1,015 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
2-bed apartment
Size
1,402 sqft
Floor
5th of 11
Parking
G-36
Developer
Azizi Developments
Completed
2016
Service charge
AED 20,700 /yr
Last sold
AED 1.42M · February 2016

About 502, Azizi Feirouz Residence

502 is a two-bedroom apartment of 1,402 sqft on the 5th floor of Azizi Feirouz Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. The developer sold it on 14 February 2016 for AED 1,423,987, or AED 1,015 per sqft, 8% above the AED 936 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 78,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 20,700 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Azizi Feirouz Residence
1.2M1.4M1.6M2014201820222026Typical sale price by year: 2014 AED 1,405,980; 2015 AED 1,344,013; 2016 AED 1,460,033; 2017 AED 1,250,000; 2018 AED 1,195,000; 2023 AED 1,220,000; 2026 AED 1,580,000Sold by developer, February 2016: AED 1,423,987 (AED 1,015 per sqft)

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

Rents
Unit 502, each contractTypical two-bed in Azizi Feirouz Residence
75K100K2016201920222025Typical rent by year: 2016 AED 115,000; 2017 AED 99,732; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 70,500; 2021 AED 70,000; 2022 AED 72,000; 2023 AED 82,000; 2024 AED 88,998; 2025 AED 92,000; 2026 AED 102,500New contract, January 2018: AED 90,000 a yearNew contract, May 2019: AED 78,000 a yearNew contract, February 2022: AED 72,000 a yearRenewal, February 2023: AED 78,000 a year

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

2-beds in Azizi Feirouz Residence, and where 502 sits

All 40 2-beds →

502 last sold in February 2016 at AED 1,015 per sqft, 8% above what two-beds in Azizi Feirouz Residence were fetching at the time (AED 936). Over the last 12 months two-beds sold for AED 1,430,000 to 1,680,000, around AED 1,076 per sqft, and rent for AED 70,000 to 140,000 a year. 502's AED 78,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Aug 20261,580,000
14 Aug 20261,680,000
29 Apr 20261,430,000
16 Sep 20251,810,000
3 2-bed sales 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 5th floor

All 99 units in Azizi Feirouz Residence
Value
5012-bedAED 900K · Jan 2023
5032-bedAED 1.54M · Dec 2016
5042-bedAED 1.53M · Oct 2016
5051-bedAED 900K · Nov 2014
5061-bedAED 982K · Feb 2015
5071-bedAED 800K · Feb 2024
5081-bedAED 1.1M · Feb 2017
1–7 of 9

502, Azizi Feirouz Residence in numbers

  • Sold once: by Azizi Developments on 14 February 2016 for AED 1,423,987, or AED 1,015 per sqft.
  • Rented since January 2018 on 4 Ejari contracts, from AED 90,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 20,700 a year (AED 14.77 per sqft).
  • Two-beds in Azizi Feirouz Residence sold for AED 1,430,000–1,680,000 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 1 February 2023.

Questions about 502, Azizi Feirouz Residence

What did unit 502 last sell for?

AED 1,423,987 on 14 February 2016, sold by the developer: AED 1,015 per sqft for 1,402 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 78,000 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 72,000; the unit has been rented since January 2018.

How big is unit 502?

1,402 sqft (130.3 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azizi Feirouz Residence sold for AED 1,430,000 to 1,680,000 in the last 12 months, around AED 1,076 per sqft.

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Mortgage on 502, Azizi Feirouz Residence

Starts from the last sale price (AED 1.42M, 14 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,423,987
Deposit, UAE resident (20%)
AED 284,797
Deposit, non-resident (40%)
AED 569,595
Monthly over 25 years at 3.7%
AED 5,826

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