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2-bed · 1,407 sqftAzizi Iris, Al Furjan · 3rd floor · completed 2015

302, Azizi Iris

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 10 August 2022
Last soldAED 1.1M10 August 2022
Current rentAED 63K /yr13 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, Azizi Iris

What is 302 worth today?

Last sold for AED 1,100,000 in 2022

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10 Aug 2022SoldReady
AED 1,100,000AED 781 per sqft
13 Jul 2020RentedRenewal
AED 63,000/yr12 months · AED 45 per sqft
13 Jul 2019RentedRenewal
AED 76,000/yr12 months · AED 54 per sqft
13 Jul 2018RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft
13 Jul 2017RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
24 Mar 2016Sold by developerOff-plan
AED 1,281,875AED 911 per sqft

Source: Dubai Land Department. Updated 10 August 2022.

Key facts

Type
2-bed apartment
Size
1,407 sqft
Floor
3rd of 11
Parking
G-15
Developer
Azizi Developments
Completed
2015
Service charge
AED 21,400 /yr
Last sold
AED 1.1M · August 2022
Building
Azizi Iris

About 302, Azizi Iris

302 is a two-bedroom apartment of 1,407 sqft on the 3rd floor of Azizi Iris, a 11-storey tower in Al Furjan completed in 2015 by Azizi Developments. It last sold on 10 August 2022 for AED 1,100,000, or AED 781 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 13 July 2020, is AED 63,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 21,400 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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 1,281,875 (AED 911 per sqft)Sold, August 2022: AED 1,100,000 (AED 781 per sqft)

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

Rents
Unit 302, 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, July 2017: AED 90,000 a yearRenewal, July 2018: AED 85,000 a yearRenewal, July 2019: AED 76,000 a yearRenewal, July 2020: AED 63,000 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 302 sits

All 70 2-beds →

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. 302's AED 63,000 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 3rd floor

All 99 units in Azizi Iris
Value
3012-bedAED 1.3M · Sep 2016
3032-bedAED 1.49M · Sep 2016
3042-bedAED 860K · Aug 2020
3052-bedAED 1.36M · Jun 2026
3061-bedAED 721K · Mar 2017
3072-bedAED 1.15M · Nov 2018
3081-bedAED 830K · Nov 2023
1–7 of 9

302, Azizi Iris in numbers

  • Sold twice: first on 24 March 2016 for AED 1,281,875, last on 10 August 2022 for AED 1,100,000 (AED 781 per sqft).
  • Rented since July 2017 on 4 Ejari contracts, from AED 90,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 21,400 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 10 August 2022.

Questions about 302, Azizi Iris

What did unit 302 last sell for?

AED 1,100,000 on 10 August 2022: AED 781 per sqft for 1,407 sqft. The unit has 2 registered sales; the first was AED 1,281,875 in March 2016.

What is the rent for unit 302?

AED 63,000 a year on the contract renewed on 13 July 2020. The previous contract, from July 2019, was AED 76,000; the unit has been rented since July 2017.

How big is unit 302?

1,407 sqft (130.7 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2015.

What is unit 302 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 302, Azizi Iris

Starts from the last sale price (AED 1.1M, 10 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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