2-bed · 1,447 sqftAzizi Iris, Al Furjan · 10th floor · completed 2015

1004, Azizi Iris

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 1.43M18 January 2017
Current rentAED 110K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Azizi Iris

What is 1004 worth today?

Last sold for AED 1,425,815 in 2017

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15 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
16 Oct 2023RentedRenewal
AED 73,500/yr12 months · AED 51 per sqft
16 Oct 2022RentedRenewal
AED 70,000/yr12 months · AED 49 per sqft
16 Oct 2021RentedNew contract
AED 65,000/yr12 months · AED 45 per sqft
3 Oct 2020RentedNew contract
AED 69,000/yr12 months · AED 48 per sqft
3 Sep 2019RentedRenewal
AED 82,000/yr12 months · AED 57 per sqft
3 Sep 2018RentedNew contract
AED 85,000/yr12 months · AED 59 per sqft
18 Jan 2017Sold by developerOff-plan
AED 1,425,815AED 985 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
2-bed apartment
Size
1,447 sqft
Floor
10th of 11
Parking
1-41
Developer
Azizi Developments
Completed
2015
Service charge
AED 22,000 /yr
Last sold
AED 1.43M · January 2017
Building
Azizi Iris

About 1004, Azizi Iris

1004 is a two-bedroom apartment of 1,447 sqft on the 10th floor of Azizi Iris, a 11-storey tower in Al Furjan completed in 2015 by Azizi Developments. The developer sold it on 18 January 2017 for AED 1,425,815, or AED 985 per sqft, 4% above the AED 943 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 15 October 2024, is AED 110,000 a year: a gross yield of 7.7% on the 2017 price, before the service charge of about AED 22,000 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in Azizi Iris
1M1.5M2016201920222025Typical sale price by year: 2016 AED 1,334,951; 2017 AED 1,371,784; 2018 AED 1,150,000; 2022 AED 1,091,500; 2023 AED 1,070,000; 2024 AED 1,250,000; 2025 AED 1,500,000; 2026 AED 1,650,000Sold by developer, January 2017: AED 1,425,815 (AED 985 per sqft)

1004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in Azizi Iris
75K100K2017202020232026Typical rent by year: 2017 AED 92,000; 2018 AED 86,000; 2019 AED 77,893; 2020 AED 69,000; 2021 AED 64,000; 2022 AED 68,750; 2023 AED 73,500; 2024 AED 82,000; 2025 AED 100,000; 2026 AED 96,000New contract, September 2018: AED 85,000 a yearRenewal, September 2019: AED 82,000 a yearNew contract, October 2020: AED 69,000 a yearNew contract, October 2021: AED 65,000 a yearRenewal, October 2022: AED 70,000 a yearRenewal, October 2023: AED 73,500 a yearNew contract, October 2024: AED 110,000 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 Iris, and where 1004 sits

All 70 2-beds →

1004 last sold in January 2017 at AED 985 per sqft, 4% above what two-beds in Azizi Iris were fetching at the time (AED 943). Over the last 12 months two-beds sold for AED 1,360,000 to 1,800,000, around AED 1,140 per sqft, and rent for AED 45,000 to 137,000 a year. 1004's AED 110,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jun 20261,360,000
9 Apr 20261,700,000
17 Mar 20261,490,000
25 Feb 20261,800,000
5 2-bed sales in the last 12 months

Azizi Iris

Building

99 apartments, 1-bed to 3-bed over 11 floors in Al Furjan, completed in 2015 by Azizi Developments. 8 sold in the last 12 months.

Typical price per sqft
AED 1,133
Typical sale
AED 1.43M
Typical rent
AED 90K /yr
Typical yield
6.6%
Azizi Iris, Al Furjan: prices, sales and rents →

Other units on the 10th floor

All 99 units in Azizi Iris
Value
10012-bedAED 1.22M · Mar 2016
10022-bedAED 1.32M · May 2017
10032-bedAED 720K · May 2017
10052-bedAED 490K · Jun 2018
10061-bedAED 980K · Feb 2026
10072-bedAED 1.05M · Jul 2023
10081-bedAED 660K · Apr 2021
1–7 of 9

1004, Azizi Iris in numbers

  • Sold once: by Azizi Developments on 18 January 2017 for AED 1,425,815, or AED 985 per sqft.
  • Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 65,000 in 2021 and recovered to AED 110,000 by October 2024.
  • At AED 110,000 a year the gross yield on the 2017 price is 7.7%, before a service charge of about AED 22,000 a year (AED 15.19 per sqft).
  • Two-beds in Azizi Iris sold for AED 1,360,000–1,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,133 per sqft.

Source: Dubai Land Department. Updated 15 October 2024.

Questions about 1004, Azizi Iris

What did unit 1004 last sell for?

AED 1,425,815 on 18 January 2017, sold by the developer: AED 985 per sqft for 1,447 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 110,000 a year on the contract signed on 15 October 2024. The previous contract, from October 2023, was AED 73,500; the unit has been rented since September 2018.

How big is unit 1004?

1,447 sqft (134.4 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2015.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azizi Iris sold for AED 1,360,000 to 1,800,000 in the last 12 months, around AED 1,140 per sqft.

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Mortgage on 1004, Azizi Iris

Starts from the last sale price (AED 1.43M, 18 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,815
Deposit, UAE resident (20%)
AED 285,163
Deposit, non-resident (40%)
AED 570,326
Monthly over 25 years at 3.7%
AED 5,833

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