2-bed · 1,554 sqftAzizi Freesia, Al Furjan · 7th floor · completed 2017

702, Azizi Freesia

Sold prices and rental history: sold twice, last in September 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 21 September 2023
Last soldAED 1.35M21 September 2023
Current rentAED 75K /yr23 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Azizi Freesia

What is 702 worth today?

Last sold for AED 1,350,000 in 2023

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21 Sep 2023SoldReady
AED 1,350,000AED 868 per sqft
23 Mar 2023RentedRenewal
AED 74,997/yr6 months · AED 48 per sqft
23 Mar 2022RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
23 Mar 2021RentedNew contract
AED 68,000/yr12 months · AED 44 per sqft
11 Sep 2017Sold by developerReady
AED 1,477,489AED 950 per sqft

Source: Dubai Land Department. Updated 21 September 2023.

Key facts

Type
2-bed apartment
Size
1,554 sqft
Floor
7th of 11
Parking
1F-8, 1F-9
Developer
Azizi Developments
Completed
2017
Service charge
AED 20,200 /yr
Last sold
AED 1.35M · September 2023

About 702, Azizi Freesia

702 is a two-bedroom apartment of 1,554 sqft on the 7th floor of Azizi Freesia, a 11-storey tower in Al Furjan completed in 2017 by Azizi Developments. It last sold on 21 September 2023 for AED 1,350,000, or AED 868 per sqft, 17% above the AED 741 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 23 March 2023, is AED 74,997 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 20,200 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Azizi Freesia
1M1.2M1.4M2016201920222025Typical 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, September 2017: AED 1,477,489 (AED 950 per sqft)Sold, September 2023: AED 1,350,000 (AED 868 per sqft)

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

Rents
Unit 702, each contractTypical two-bed in Azizi Freesia
60K80K100K2017202020232026Typical 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, March 2021: AED 68,000 a yearRenewal, March 2022: AED 75,000 a yearRenewal, March 2023: AED 74,997 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 702 sits

All 59 2-beds →

702 last sold in September 2023 at AED 868 per sqft, 17% above what two-beds in Azizi Freesia were fetching at the time (AED 741). 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. 702's AED 74,997 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 7th floor

All 98 units in Azizi Freesia
Value
7012-bedAED 1.47M · May 2017
7032-bedAED 950K · Jun 2021
7041-bedAED 842K · Jul 2016
7051-bedAED 844K · Jul 2015
7062-bedAED 1.24M · Aug 2016
7072-bedAED 1.17M · Feb 2018
7083-bedAED 2M · Feb 2026
1–7 of 9

702, Azizi Freesia in numbers

  • Sold twice: first on 11 September 2017 for AED 1,477,489, last on 21 September 2023 for AED 1,350,000 (AED 868 per sqft).
  • Rented since March 2021 on 3 Ejari contracts, from AED 68,000 to AED 74,997 a year.
  • At AED 74,997 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 20,200 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 21 September 2023.

Questions about 702, Azizi Freesia

What did unit 702 last sell for?

AED 1,350,000 on 21 September 2023: AED 868 per sqft for 1,554 sqft. The unit has 2 registered sales; the first was AED 1,477,489 in September 2017.

What is the rent for unit 702?

AED 74,997 a year on the contract renewed on 23 March 2023. The previous contract, from March 2022, was AED 75,000; the unit has been rented since March 2021.

How big is unit 702?

1,554 sqft (144.4 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2017.

What is unit 702 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 702, Azizi Freesia

Starts from the last sale price (AED 1.35M, 21 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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