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2-bed · 1,447 sqftAzizi Iris, Al Furjan · 3rd floor · completed 2015

304, Azizi Iris

Sold prices and rental history: sold twice, last in August 2020, and rented once, from September 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 4 August 2020
Last soldAED 860K4 August 2020
Current rentAED 82K /yr25 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Azizi Iris

What is 304 worth today?

Last sold for AED 860,000 in 2020

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4 Aug 2020SoldReady
AED 860,000AED 594 per sqft
25 Sep 2018RentedNew contract
AED 82,000/yr12 months · AED 57 per sqft
21 Nov 2016Sold by developerOff-plan
AED 1,306,375AED 902 per sqft

Source: Dubai Land Department. Updated 4 August 2020.

Key facts

Type
2-bed apartment
Size
1,447 sqft
Floor
3rd of 11
Parking
1-58
Developer
Azizi Developments
Completed
2015
Service charge
AED 22,000 /yr
Last sold
AED 860K · August 2020
Building
Azizi Iris

About 304, Azizi Iris

304 is a two-bedroom apartment of 1,447 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 4 August 2020 for AED 860,000, or AED 594 per sqft.

One Ejari contract is registered, from 25 September 2018. The current contract, signed on 25 September 2018, is AED 82,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 22,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, November 2016: AED 1,306,375 (AED 902 per sqft)Sold, August 2020: AED 860,000 (AED 594 per sqft)

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

Rents
Unit 304, 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, September 2018: AED 82,000 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 304 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. 304's AED 82,000 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
3022-bedAED 1.1M · Aug 2022
3032-bedAED 1.49M · Sep 2016
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

304, Azizi Iris in numbers

  • Sold twice: first on 21 November 2016 for AED 1,306,375, last on 4 August 2020 for AED 860,000 (AED 594 per sqft).
  • Rented since September 2018 on one Ejari contract, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2020 price is 9.5%, 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 4 August 2020.

Questions about 304, Azizi Iris

What did unit 304 last sell for?

AED 860,000 on 4 August 2020: AED 594 per sqft for 1,447 sqft. The unit has 2 registered sales; the first was AED 1,306,375 in November 2016.

What is the rent for unit 304?

AED 82,000 a year on the contract signed on 25 September 2018.

How big is unit 304?

1,447 sqft (134.4 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2015.

What is unit 304 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 304, Azizi Iris

Starts from the last sale price (AED 860K, 4 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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