2-bed · 1,334 sqftAzizi Freesia, Al Furjan · 5th floor · completed 2017

507, Azizi Freesia

Sold prices and rental history: sold 3 times, last in July 2024, and rented 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 1 July 2024
Last soldAED 1.3M1 July 2024
Current rentAED 55K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Azizi Freesia

What is 507 worth today?

Last sold for AED 1,300,000 in 2024

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1 Jul 2024SoldReady
AED 1,300,000AED 974 per sqft
7 Nov 2022SoldReady
AED 875,000AED 655 per sqft
1 May 2021RentedNew contract
AED 55,000/yr12 months · AED 41 per sqft
16 Mar 2019RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
13 Nov 2017RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
26 Oct 2016Sold by developerOff-plan
AED 1,291,343AED 967 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,334 sqft
Floor
5th of 11
Parking
G-48
Developer
Azizi Developments
Completed
2017
Service charge
AED 17,300 /yr
Last sold
AED 1.3M · July 2024

About 507, Azizi Freesia

507 is a two-bedroom apartment of 1,334 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 1 July 2024 for AED 1,300,000, or AED 974 per sqft, 12% above the AED 868 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 May 2021, is AED 55,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 17,300 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Azizi Freesia
1M1.25M2016201920222025Typical 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, October 2016: AED 1,291,343 (AED 967 per sqft)Sold, November 2022: AED 875,000 (AED 655 per sqft)Sold, July 2024: AED 1,300,000 (AED 974 per sqft)

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

Rents
Unit 507, each contractTypical two-bed in Azizi Freesia
50K75K100K2017202020232026Typical 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, November 2017: AED 100,000 a yearNew contract, March 2019: AED 70,000 a yearNew contract, May 2021: AED 55,000 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 507 sits

All 59 2-beds →

507 last sold in July 2024 at AED 974 per sqft, 12% above what two-beds in Azizi Freesia were fetching at the time (AED 868). 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. 507's AED 55,000 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
5062-bedAED 1.1M · Sep 2023
5083-bedAED 1.6M · Jul 2023
1–7 of 9

507, Azizi Freesia in numbers

  • Sold 3 times: first on 26 October 2016 for AED 1,291,343, last on 1 July 2024 for AED 1,300,000 (AED 974 per sqft).
  • Rented since November 2017 on 3 Ejari contracts, from AED 100,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 17,300 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 1 July 2024.

Questions about 507, Azizi Freesia

What did unit 507 last sell for?

AED 1,300,000 on 1 July 2024: AED 974 per sqft for 1,334 sqft. The unit has 3 registered sales; the first was AED 1,291,343 in October 2016.

What is the rent for unit 507?

AED 55,000 a year on the contract signed on 1 May 2021. The previous contract, from March 2019, was AED 70,000; the unit has been rented since November 2017.

How big is unit 507?

1,334 sqft (123.9 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2017.

What is unit 507 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 507, Azizi Freesia

Starts from the last sale price (AED 1.3M, 1 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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