2-bed · 1,561 sqftAzizi Feirouz Residence, Al Furjan · 5th floor · completed 2016

503, Azizi Feirouz Residence

Sold prices and rental history: sold once, by the developer in December 2016, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 15 July 2019
Last soldAED 1.54M19 December 2016
Current rentAED 80K /yr15 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Azizi Feirouz Residence

What is 503 worth today?

Last sold for AED 1,537,389 in 2016

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15 Jul 2019RentedRenewal
AED 79,786/yr12 months · AED 51 per sqft
15 Jul 2018RentedRenewal
AED 87,500/yr12 months · AED 56 per sqft
15 Jul 2017RentedNew contract
AED 100,000/yr12 months · AED 64 per sqft
19 Dec 2016Sold by developerReady
AED 1,537,389AED 985 per sqft

Source: Dubai Land Department. Updated 15 July 2019.

Key facts

Type
2-bed apartment
Size
1,561 sqft
Floor
5th of 11
Parking
G-37
Developer
Azizi Developments
Completed
2016
Service charge
AED 23,000 /yr
Last sold
AED 1.54M · December 2016

About 503, Azizi Feirouz Residence

503 is a two-bedroom apartment of 1,561 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 19 December 2016 for AED 1,537,389, or AED 985 per sqft, in line with the AED 968 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 15 July 2019, is AED 79,786 a year: a gross yield of 5.2% on the 2016 price, before the service charge of about AED 23,000 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, December 2016: AED 1,537,389 (AED 985 per sqft)

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

Rents
Unit 503, 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, July 2017: AED 100,000 a yearRenewal, July 2018: AED 87,500 a yearRenewal, July 2019: AED 79,786 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 503 sits

All 40 2-beds →

503 last sold in December 2016 at AED 985 per sqft, in line with what two-beds in Azizi Feirouz Residence were fetching at the time (AED 968). 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. 503's AED 79,786 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
5022-bedAED 1.42M · Feb 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

503, Azizi Feirouz Residence in numbers

  • Sold once: by Azizi Developments on 19 December 2016 for AED 1,537,389, or AED 985 per sqft.
  • Rented since July 2017 on 3 Ejari contracts, from AED 100,000 to AED 79,786 a year.
  • At AED 79,786 a year the gross yield on the 2016 price is 5.2%, before a service charge of about AED 23,000 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 15 July 2019.

Questions about 503, Azizi Feirouz Residence

What did unit 503 last sell for?

AED 1,537,389 on 19 December 2016, sold by the developer: AED 985 per sqft for 1,561 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 79,786 a year on the contract renewed on 15 July 2019. The previous contract, from July 2018, was AED 87,500; the unit has been rented since July 2017.

How big is unit 503?

1,561 sqft (145.0 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.

What is unit 503 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 503, Azizi Feirouz Residence

Starts from the last sale price (AED 1.54M, 19 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,537,389
Deposit, UAE resident (20%)
AED 307,478
Deposit, non-resident (40%)
AED 614,956
Monthly over 25 years at 3.7%
AED 6,290

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