1-bed · 1,034 sqftAzizi Feirouz Residence, Al Furjan · 5th floor · completed 2016

508, Azizi Feirouz Residence

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

Unit 508 · DLD and Ejari recordsUpdated 15 December 2020
Last soldAED 1.1M9 February 2017
Current rentAED 48K /yr15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Azizi Feirouz Residence

What is 508 worth today?

Last sold for AED 1,100,000 in 2017

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15 Dec 2020RentedRenewal
AED 48,000/yr12 months · AED 46 per sqft
15 Dec 2019RentedRenewal
AED 60,000/yr12 months · AED 58 per sqft
15 Dec 2018RentedRenewal
AED 65,000/yr12 months · AED 63 per sqft
15 Dec 2017RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft
9 Feb 2017SoldReady
AED 1,100,000AED 1,064 per sqft
21 Apr 2015Sold by developerOff-plan
AED 1,025,695AED 992 per sqft

Source: Dubai Land Department. Updated 15 December 2020.

Key facts

Type
1-bed apartment
Size
1,034 sqft
Floor
5th of 11
Parking
G-46
Developer
Azizi Developments
Completed
2016
Service charge
AED 15,300 /yr
Last sold
AED 1.1M · February 2017

About 508, Azizi Feirouz Residence

508 is a one-bedroom apartment of 1,034 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 9 February 2017 for AED 1,100,000, or AED 1,064 per sqft, 11% above the AED 958 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 15 December 2020, is AED 48,000 a year: a gross yield of 4.4% on the 2017 price, before the service charge of about AED 15,300 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, April 2015: AED 1,025,695 (AED 992 per sqft)Sold, February 2017: AED 1,100,000 (AED 1,064 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in Azizi Feirouz Residence
60K80K2017202020232026Typical 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, December 2017: AED 75,000 a yearRenewal, December 2018: AED 65,000 a yearRenewal, December 2019: AED 60,000 a yearRenewal, December 2020: AED 48,000 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 508 sits

All 39 1-beds →

508 last sold in February 2017 at AED 1,064 per sqft, 11% above what one-beds in Azizi Feirouz Residence were fetching at the time (AED 958). 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. 508's AED 48,000 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
5071-bedAED 800K · Feb 2024
1–7 of 9

508, Azizi Feirouz Residence in numbers

  • Sold twice: first on 21 April 2015 for AED 1,025,695, last on 9 February 2017 for AED 1,100,000 (AED 1,064 per sqft).
  • Rented since December 2017 on 4 Ejari contracts, from AED 75,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2017 price is 4.4%, before a service charge of about AED 15,300 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 15 December 2020.

Questions about 508, Azizi Feirouz Residence

What did unit 508 last sell for?

AED 1,100,000 on 9 February 2017: AED 1,064 per sqft for 1,034 sqft. The unit has 2 registered sales; the first was AED 1,025,695 in April 2015.

What is the rent for unit 508?

AED 48,000 a year on the contract renewed on 15 December 2020. The previous contract, from December 2019, was AED 60,000; the unit has been rented since December 2017.

How big is unit 508?

1,034 sqft (96.1 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.

What is unit 508 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 508, Azizi Feirouz Residence

Starts from the last sale price (AED 1.1M, 9 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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