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2-bed · 1,311 sqftAzizi Freesia, Al Furjan · 7th floor · completed 2017

703, Azizi Freesia

Sold prices and rental history: sold 3 times, last in June 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 22 August 2022
Last soldAED 950K29 June 2021
Current rentAED 64K /yr22 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Azizi Freesia

What is 703 worth today?

Last sold for AED 950,000 in 2021

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22 Aug 2022RentedRenewal
AED 64,000/yr12 months · AED 49 per sqft
22 Aug 2021RentedNew contract
AED 58,000/yr12 months · AED 44 per sqft
29 Jun 2021SoldReady
AED 950,000AED 724 per sqft
5 Nov 2017SoldReady
AED 592,500AED 452 per sqft
29 Sep 2016Sold by developerOff-plan
AED 1,180,758AED 900 per sqft

Source: Dubai Land Department. Updated 22 August 2022.

Key facts

Type
2-bed apartment
Size
1,311 sqft
Floor
7th of 11
Parking
1F-69
Developer
Azizi Developments
Completed
2017
Service charge
AED 17,000 /yr
Last sold
AED 950K · June 2021
Building
Azizi Freesia

About 703, Azizi Freesia

703 is a two-bedroom apartment of 1,311 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 29 June 2021 for AED 950,000, or AED 724 per sqft, 9% below the AED 798 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 22 August 2022, is AED 64,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 17,000 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Azizi Freesia
500K1M1.5M2016201920222025Typical 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 2016: AED 1,180,758 (AED 900 per sqft)Sold, November 2017: AED 592,500 (AED 452 per sqft)Sold, June 2021: AED 950,000 (AED 724 per sqft)

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

Rents
Unit 703, 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, August 2021: AED 58,000 a yearRenewal, August 2022: AED 64,000 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 703 sits

All 59 2-beds →

703 last sold in June 2021 at AED 724 per sqft, 9% below what two-beds in Azizi Freesia were fetching at the time (AED 798). 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. 703's AED 64,000 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 100K /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
7022-bedAED 1.35M · Sep 2023
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

703, Azizi Freesia in numbers

  • Sold 3 times: first on 29 September 2016 for AED 1,180,758, last on 29 June 2021 for AED 950,000 (AED 724 per sqft).
  • Rented since August 2021 on 2 Ejari contracts, from AED 58,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 17,000 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 22 August 2022.

Questions about 703, Azizi Freesia

What did unit 703 last sell for?

AED 950,000 on 29 June 2021: AED 724 per sqft for 1,311 sqft. The unit has 3 registered sales; the first was AED 1,180,758 in September 2016.

What is the rent for unit 703?

AED 64,000 a year on the contract renewed on 22 August 2022. The previous contract, from August 2021, was AED 58,000.

How big is unit 703?

1,311 sqft (121.8 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2017.

What is unit 703 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 703, Azizi Freesia

Starts from the last sale price (AED 950K, 29 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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