1-bed · 1,101 sqftAzizi Feirouz Residence, Al Furjan · 5th floor · completed 2016

507, Azizi Feirouz Residence

Sold prices and rental history: sold 4 times, last in February 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 8 February 2024
Last soldAED 800K8 February 2024
Current rentAED 54K /yr17 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Azizi Feirouz Residence

What is 507 worth today?

Last sold for AED 800,000 in 2024

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8 Feb 2024SoldReady
AED 800,000AED 726 per sqft
17 Jul 2023RentedRenewal
AED 53,550/yr12 months · AED 49 per sqft
17 Jul 2022RentedNew contract
AED 51,000/yr12 months · AED 46 per sqft
17 Jul 2021RentedRenewal
AED 48,000/yr12 months · AED 44 per sqft
15 Apr 2019RentedNew contract
AED 62,000/yr12 months · AED 56 per sqft
14 Apr 2017RentedNew contract
AED 80,000/yr12 months · AED 73 per sqft
15 Mar 2017SoldReady
AED 510,000AED 463 per sqft
15 Mar 2017SoldReady
AED 510,000AED 463 per sqft

Source: Dubai Land Department. Updated 8 February 2024.

Key facts

Type
1-bed apartment
Size
1,101 sqft
Floor
5th of 11
Parking
G-45
Developer
Azizi Developments
Completed
2016
Service charge
AED 16,300 /yr
Last sold
AED 800K · February 2024

About 507, Azizi Feirouz Residence

507 is a one-bedroom apartment of 1,101 sqft on the 5th floor of Azizi Feirouz Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. It last sold on 8 February 2024 for AED 800,000, or AED 726 per sqft, in line with the AED 741 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 17 July 2023, is AED 53,550 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 16,300 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Azizi Feirouz Residence
500K1M2014201820222026Typical 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, March 2017: AED 510,000 (AED 463 per sqft)Sold, March 2017: AED 510,000 (AED 463 per sqft)Sold by developer, March 2017: AED 1,068,920 (AED 971 per sqft)Sold, February 2024: AED 800,000 (AED 726 per sqft)

507 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 507, 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, April 2017: AED 80,000 a yearNew contract, April 2019: AED 62,000 a yearRenewal, July 2021: AED 48,000 a yearNew contract, July 2022: AED 51,000 a yearRenewal, July 2023: AED 53,550 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 507 sits

All 39 1-beds →

507 last sold in February 2024 at AED 726 per sqft, in line with what one-beds in Azizi Feirouz Residence were fetching at the time (AED 741). 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. 507's AED 53,550 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
5061-bedAED 982K · Feb 2015
5081-bedAED 1.1M · Feb 2017
1–7 of 9

507, Azizi Feirouz Residence in numbers

  • Sold 4 times: first on 13 March 2017 for AED 1,068,920, last on 8 February 2024 for AED 800,000 (AED 726 per sqft).
  • Rented since April 2017 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 48,000 in 2021 and recovered to AED 53,550 by July 2023.
  • At AED 53,550 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 16,300 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 8 February 2024.

Questions about 507, Azizi Feirouz Residence

What did unit 507 last sell for?

AED 800,000 on 8 February 2024: AED 726 per sqft for 1,101 sqft. The unit has 4 registered sales; the first was AED 1,068,920 in March 2017.

What is the rent for unit 507?

AED 53,550 a year on the contract renewed on 17 July 2023. The previous contract, from July 2022, was AED 51,000; the unit has been rented since April 2017.

How big is unit 507?

1,101 sqft (102.3 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.

What is unit 507 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 507, Azizi Feirouz Residence

Starts from the last sale price (AED 800K, 8 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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