1-bed · 1,008 sqftAzizi Feirouz Residence, Al Furjan · 5th floor · completed 2016

506, Azizi Feirouz Residence

Sold prices and rental history: sold once, by the developer in February 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 982K17 February 2015
Current rentAED 52K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Azizi Feirouz Residence

What is 506 worth today?

Last sold for AED 982,064 in 2015

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1 Feb 2024RentedRenewal
AED 51,975/yr12 months · AED 51 per sqft
1 Feb 2023RentedRenewal
AED 51,975/yr12 months · AED 51 per sqft
1 Feb 2022RentedRenewal
AED 45,000/yr12 months · AED 44 per sqft
1 Feb 2021RentedNew contract
AED 45,000/yr12 months · AED 44 per sqft
15 Jan 2020RentedRenewal
AED 55,000/yr12 months · AED 54 per sqft
15 Jan 2019RentedRenewal
AED 65,000/yr12 months · AED 64 per sqft
15 Jan 2018RentedNew contract
AED 75,000/yr12 months · AED 74 per sqft
17 Feb 2015Sold by developerOff-plan
AED 982,064AED 973 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
1-bed apartment
Size
1,008 sqft
Floor
5th of 11
Parking
G-44
Developer
Azizi Developments
Completed
2016
Service charge
AED 14,900 /yr
Last sold
AED 982K · February 2015

About 506, Azizi Feirouz Residence

506 is a one-bedroom apartment of 1,008 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 17 February 2015 for AED 982,064, or AED 973 per sqft, in line with the AED 966 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 51,975 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 14,900 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Azizi Feirouz Residence
800K1M2014201820222026Typical sale price by year: 2014 AED 904,560; 2015 AED 987,300; 2016 AED 955,246; 2017 AED 955,240; 2023 AED 750,000; 2024 AED 870,000; 2025 AED 967,500; 2026 AED 1,025,000Sold by developer, February 2015: AED 982,064 (AED 973 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in Azizi Feirouz Residence
40K60K80K2017202020232026Typical rent by year: 2017 AED 75,000; 2018 AED 65,000; 2019 AED 60,000; 2020 AED 52,000; 2021 AED 46,000; 2022 AED 51,500; 2023 AED 54,500; 2024 AED 61,000; 2025 AED 70,000; 2026 AED 74,820New contract, January 2018: AED 75,000 a yearRenewal, January 2019: AED 65,000 a yearRenewal, January 2020: AED 55,000 a yearNew contract, February 2021: AED 45,000 a yearRenewal, February 2022: AED 45,000 a yearRenewal, February 2023: AED 51,975 a yearRenewal, February 2024: AED 51,975 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 Feirouz Residence, and where 506 sits

All 39 1-beds →

506 last sold in February 2015 at AED 973 per sqft, in line with what one-beds in Azizi Feirouz Residence were fetching at the time (AED 966). Over the last 12 months one-beds sold for AED 990,000 to 1,080,000, around AED 1,013 per sqft, and rent for AED 39,000 to 110,000 a year. 506's AED 51,975 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Sep 2026990,000
28 Jul 20261,050,000
21 Jan 20261,080,000
19 Jan 20261,000,000
4 1-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
5032-bedAED 1.54M · Dec 2016
5042-bedAED 1.53M · Oct 2016
5051-bedAED 900K · Nov 2014
5071-bedAED 800K · Feb 2024
5081-bedAED 1.1M · Feb 2017
1–7 of 9

506, Azizi Feirouz Residence in numbers

  • Sold once: by Azizi Developments on 17 February 2015 for AED 982,064, or AED 973 per sqft.
  • Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2022 and recovered to AED 51,975 by February 2024.
  • At AED 51,975 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 14,900 a year (AED 14.77 per sqft).
  • One-beds in Azizi Feirouz Residence sold for AED 990,000–1,080,000 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 2024.

Questions about 506, Azizi Feirouz Residence

What did unit 506 last sell for?

AED 982,064 on 17 February 2015, sold by the developer: AED 973 per sqft for 1,008 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 51,975 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 51,975; the unit has been rented since January 2018.

How big is unit 506?

1,008 sqft (93.6 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azizi Feirouz Residence sold for AED 990,000 to 1,080,000 in the last 12 months, around AED 1,013 per sqft.

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Mortgage on 506, Azizi Feirouz Residence

Starts from the last sale price (AED 982K, 17 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 982,064
Deposit, UAE resident (20%)
AED 196,413
Deposit, non-resident (40%)
AED 392,826
Monthly over 25 years at 3.7%
AED 4,018

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