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2-bed · 1,265 sqftAzizi Freesia, Al Furjan · 7th floor · completed 2017

706, Azizi Freesia

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 1.24M9 August 2016
Current rentAED 50K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Azizi Freesia

What is 706 worth today?

Last sold for AED 1,239,605 in 2016

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1 Oct 2023RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft
11 May 2020RentedRenewal
AED 60,000/yr12 months · AED 47 per sqft
9 May 2019RentedNew contract
AED 70,000/yr12 months · AED 55 per sqft
9 Aug 2016Sold by developerOff-plan
AED 1,239,605AED 980 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
2-bed apartment
Size
1,265 sqft
Floor
7th of 11
Parking
1F-12
Developer
Azizi Developments
Completed
2017
Service charge
AED 16,400 /yr
Last sold
AED 1.24M · August 2016
Building
Azizi Freesia

About 706, Azizi Freesia

706 is a two-bedroom apartment of 1,265 sqft on the 7th floor of Azizi Freesia, a 11-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 9 August 2016 for AED 1,239,605, or AED 980 per sqft, 3% above the AED 949 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 October 2023, is AED 50,000 a year: a gross yield of 4.0% on the 2016 price, before the service charge of about AED 16,400 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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 2016: AED 1,239,605 (AED 980 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Azizi Freesia
50K100K2017202020232026Typical 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, May 2019: AED 70,000 a yearRenewal, May 2020: AED 60,000 a yearNew contract, October 2023: AED 50,000 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 706 sits

All 59 2-beds →

706 last sold in August 2016 at AED 980 per sqft, 3% above what two-beds in Azizi Freesia were fetching at the time (AED 949). 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. 706's AED 50,000 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
7032-bedAED 950K · Jun 2021
7041-bedAED 842K · Jul 2016
7051-bedAED 844K · Jul 2015
7072-bedAED 1.17M · Feb 2018
7083-bedAED 2M · Feb 2026
1–7 of 9

706, Azizi Freesia in numbers

  • Sold once: by Azizi Developments on 9 August 2016 for AED 1,239,605, or AED 980 per sqft.
  • Rented since May 2019 on 3 Ejari contracts, from AED 70,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 4.0%, 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 1 October 2023.

Questions about 706, Azizi Freesia

What did unit 706 last sell for?

AED 1,239,605 on 9 August 2016, sold by the developer: AED 980 per sqft for 1,265 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 50,000 a year on the contract signed on 1 October 2023. The previous contract, from May 2020, was AED 60,000; the unit has been rented since May 2019.

How big is unit 706?

1,265 sqft (117.5 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2017.

What is unit 706 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 706, Azizi Freesia

Starts from the last sale price (AED 1.24M, 9 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,239,605
Deposit, UAE resident (20%)
AED 247,921
Deposit, non-resident (40%)
AED 495,842
Monthly over 25 years at 3.7%
AED 5,072

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