2-bed · 1,362 sqftAzizi Iris, Al Furjan · 10th floor · completed 2015

1007, Azizi Iris

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 13 July 2023
Last soldAED 1.05M13 July 2023
Current rentAED 66K /yr14 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Azizi Iris

What is 1007 worth today?

Last sold for AED 1,050,000 in 2023

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13 Jul 2023SoldReady
AED 1,050,000AED 771 per sqft
3 Mar 2023SoldReady
AED 850,000AED 624 per sqft
14 Aug 2022RentedRenewal
AED 66,000/yr12 months · AED 48 per sqft
14 Aug 2021RentedRenewal
AED 66,000/yr12 months · AED 48 per sqft
14 Aug 2020RentedNew contract
AED 60,000/yr12 months · AED 44 per sqft
11 Jan 2018RentedNew contract
AED 95,000/yr12 months · AED 69 per sqft
1 Mar 2016Sold by developerOff-plan
AED 1,294,020AED 950 per sqft

Source: Dubai Land Department. Updated 13 July 2023.

Key facts

Type
2-bed apartment
Size
1,362 sqft
Floor
10th of 11
Parking
1-44
Developer
Azizi Developments
Completed
2015
Service charge
AED 20,700 /yr
Last sold
AED 1.05M · July 2023
Building
Azizi Iris

About 1007, Azizi Iris

1007 is a two-bedroom apartment of 1,362 sqft on the 10th floor of Azizi Iris, a 11-storey tower in Al Furjan completed in 2015 by Azizi Developments. It last sold on 13 July 2023 for AED 1,050,000, or AED 771 per sqft, in line with the AED 765 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 14 August 2022, is AED 66,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 20,700 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, 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, March 2016: AED 1,294,020 (AED 950 per sqft)Sold, March 2023: AED 850,000 (AED 624 per sqft)Sold, July 2023: AED 1,050,000 (AED 771 per sqft)

1007 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1007, each contractTypical two-bed in Azizi Iris
60K80K100K2017202020232026Typical 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, January 2018: AED 95,000 a yearNew contract, August 2020: AED 60,000 a yearRenewal, August 2021: AED 66,000 a yearRenewal, August 2022: AED 66,000 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 1007 sits

All 70 2-beds →

1007 last sold in July 2023 at AED 771 per sqft, in line with what two-beds in Azizi Iris were fetching at the time (AED 765). 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. 1007's AED 66,000 is in the lower 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
10042-bedAED 1.43M · Jan 2017
10052-bedAED 490K · Jun 2018
10061-bedAED 980K · Feb 2026
10081-bedAED 660K · Apr 2021
1–7 of 9

1007, Azizi Iris in numbers

  • Sold 3 times: first on 1 March 2016 for AED 1,294,020, last on 13 July 2023 for AED 1,050,000 (AED 771 per sqft).
  • Rented since January 2018 on 4 Ejari contracts, from AED 95,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 20,700 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 13 July 2023.

Questions about 1007, Azizi Iris

What did unit 1007 last sell for?

AED 1,050,000 on 13 July 2023: AED 771 per sqft for 1,362 sqft. The unit has 3 registered sales; the first was AED 1,294,020 in March 2016.

What is the rent for unit 1007?

AED 66,000 a year on the contract renewed on 14 August 2022. The previous contract, from August 2021, was AED 66,000; the unit has been rented since January 2018.

How big is unit 1007?

1,362 sqft (126.5 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2015.

What is unit 1007 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 1007, Azizi Iris

Starts from the last sale price (AED 1.05M, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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