2-bed · 1,624 sqftAzizi Feirouz Residence, Al Furjan · 7th floor · completed 2016

704, Azizi Feirouz Residence

Sold prices and rental history: sold 3 times, last in August 2022, and rented once, from February 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 1.15M1 August 2022
Current rentAED 115K /yr5 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Azizi Feirouz Residence

What is 704 worth today?

Last sold for AED 1,150,000 in 2022

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1 Aug 2022SoldReady
AED 1,150,000AED 708 per sqft
5 Feb 2017RentedNew contract
AED 115,000/yr12 months · AED 71 per sqft
8 Jan 2017SoldReady
AED 1,550,000AED 954 per sqft
26 Sep 2016Sold by developerOff-plan
AED 1,445,068AED 889 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
2-bed apartment
Size
1,624 sqft
Floor
7th of 11
Parking
1-02
Developer
Azizi Developments
Completed
2016
Service charge
AED 24,000 /yr
Last sold
AED 1.15M · August 2022

About 704, Azizi Feirouz Residence

704 is a two-bedroom apartment of 1,624 sqft on the 7th floor of Azizi Feirouz Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. It last sold on 1 August 2022 for AED 1,150,000, or AED 708 per sqft.

One Ejari contract is registered, from 5 February 2017. The current contract, signed on 5 February 2017, is AED 115,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 24,000 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, September 2016: AED 1,445,068 (AED 889 per sqft)Sold, January 2017: AED 1,550,000 (AED 954 per sqft)Sold, August 2022: AED 1,150,000 (AED 708 per sqft)

704 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 704, 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, February 2017: AED 115,000 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 704 sits

All 40 2-beds →

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. 704's AED 115,000 is in the upper 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 7th floor

All 99 units in Azizi Feirouz Residence
Value
7012-bedAED 1.15M · Apr 2023
7022-bedAED 1.43M · Dec 2016
7032-bedAED 1.47M · Feb 2017
7051-bedAED 800K · Jun 2024
7061-bedAED 940K · Apr 2017
7071-bedAED 1.09M · Jun 2016
7081-bedAED 987K · Apr 2015
1–7 of 9

704, Azizi Feirouz Residence in numbers

  • Sold 3 times: first on 26 September 2016 for AED 1,445,068, last on 1 August 2022 for AED 1,150,000 (AED 708 per sqft).
  • Rented since February 2017 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 24,000 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 1 August 2022.

Questions about 704, Azizi Feirouz Residence

What did unit 704 last sell for?

AED 1,150,000 on 1 August 2022: AED 708 per sqft for 1,624 sqft. The unit has 3 registered sales; the first was AED 1,445,068 in September 2016.

What is the rent for unit 704?

AED 115,000 a year on the contract signed on 5 February 2017.

How big is unit 704?

1,624 sqft (150.9 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2016.

What is unit 704 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 704, Azizi Feirouz Residence

Starts from the last sale price (AED 1.15M, 1 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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