2-bed · 1,265 sqftAzizi Freesia, Al Furjan · 5th floor · completed 2017

506, Azizi Freesia

Sold prices and rental history: sold twice, last in September 2023, 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 25 September 2023
Last soldAED 1.1M25 September 2023
Current rentAED 60K /yr27 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Azizi Freesia

What is 506 worth today?

Last sold for AED 1,100,000 in 2023

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25 Sep 2023SoldReady
AED 1,100,000AED 869 per sqft
27 Jan 2021RentedRenewal
AED 60,000/yr12 months · AED 47 per sqft
27 Jan 2020RentedRenewal
AED 70,000/yr12 months · AED 55 per sqft
27 Jan 2019RentedRenewal
AED 75,000/yr12 months · AED 59 per sqft
27 Jan 2018RentedNew contract
AED 80,000/yr12 months · AED 63 per sqft
14 Aug 2017Sold by developerOff-plan
AED 1,243,533AED 983 per sqft

Source: Dubai Land Department. Updated 25 September 2023.

Key facts

Type
2-bed apartment
Size
1,265 sqft
Floor
5th of 11
Parking
G-47
Developer
Azizi Developments
Completed
2017
Service charge
AED 16,400 /yr
Last sold
AED 1.1M · September 2023

About 506, Azizi Freesia

506 is a two-bedroom apartment of 1,265 sqft on the 5th floor of Azizi Freesia, a 11-storey tower in Al Furjan completed in 2017 by Azizi Developments. It last sold on 25 September 2023 for AED 1,100,000, or AED 869 per sqft, 10% above the AED 790 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 27 January 2021, is AED 60,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 16,400 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Azizi Freesia
1.2M1.4M2016201920222025Typical sale price by year: 2016 AED 1,227,248; 2017 AED 1,320,485; 2018 AED 1,165,500; 2019 AED 1,382,500; 2021 AED 1,070,000; 2023 AED 1,087,500; 2024 AED 1,185,000; 2025 AED 1,350,000Sold by developer, August 2017: AED 1,243,533 (AED 983 per sqft)Sold, September 2023: AED 1,100,000 (AED 869 per sqft)

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

Rents
Unit 506, each contractTypical two-bed in Azizi Freesia
75K100K2017202020232026Typical rent by year: 2017 AED 85,000; 2018 AED 82,000; 2019 AED 75,000; 2020 AED 66,000; 2021 AED 63,000; 2022 AED 69,650; 2023 AED 74,997; 2024 AED 85,000; 2025 AED 96,000; 2026 AED 107,000New contract, January 2018: AED 80,000 a yearRenewal, January 2019: AED 75,000 a yearRenewal, January 2020: AED 70,000 a yearRenewal, January 2021: AED 60,000 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 Freesia, and where 506 sits

All 59 2-beds →

506 last sold in September 2023 at AED 869 per sqft, 10% above what two-beds in Azizi Freesia were fetching at the time (AED 790). Over the last 12 months two-beds sold for AED 1,490,000 to 1,700,000, around AED 1,061 per sqft, and rent for AED 84,000 to 160,000 a year. 506's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 20261,490,000
25 Mar 20261,700,000
3 Nov 20251,800,000
15 Oct 20251,350,000
2 2-bed sales in the last 12 months

Azizi Freesia

Building

98 apartments, 1-bed to 3-bed over 11 floors in Al Furjan, completed in 2017 by Azizi Developments. 10 sold in the last 12 months.

Typical price per sqft
AED 1,094 Up 6.4%
Typical sale
AED 928K
Typical rent
AED 90K /yr
Typical yield
7.1%
Azizi Freesia, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 98 units in Azizi Freesia
Value
5012-bedAED 1.44M · Aug 2017
5022-bedAED 1.75M · Sep 2025
5032-bedAED 1.35M · Oct 2025
5041-bedAED 864K · Jun 2016
5051-bedAED 750K · Aug 2023
5072-bedAED 1.3M · Jul 2024
5083-bedAED 1.6M · Jul 2023
1–7 of 9

506, Azizi Freesia in numbers

  • Sold twice: first on 14 August 2017 for AED 1,243,533, last on 25 September 2023 for AED 1,100,000 (AED 869 per sqft).
  • Rented since January 2018 on 4 Ejari contracts, from AED 80,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 16,400 a year (AED 13.00 per sqft).
  • Two-beds in Azizi Freesia sold for AED 1,490,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,094 per sqft.

Source: Dubai Land Department. Updated 25 September 2023.

Questions about 506, Azizi Freesia

What did unit 506 last sell for?

AED 1,100,000 on 25 September 2023: AED 869 per sqft for 1,265 sqft. The unit has 2 registered sales; the first was AED 1,243,533 in August 2017.

What is the rent for unit 506?

AED 60,000 a year on the contract renewed on 27 January 2021. The previous contract, from January 2020, was AED 70,000; the unit has been rented since January 2018.

How big is unit 506?

1,265 sqft (117.5 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2017.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azizi Freesia sold for AED 1,490,000 to 1,700,000 in the last 12 months, around AED 1,061 per sqft.

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Mortgage on 506, Azizi Freesia

Starts from the last sale price (AED 1.1M, 25 September 2023). 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 →