2-bed · 1,512 sqftAzizi Iris, Al Furjan · 4th floor · completed 2015

407, Azizi Iris

Sold prices and rental history: sold twice, last in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 10 August 2017
Last soldAED 735K10 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Azizi Iris

What is 407 worth today?

Last sold for AED 735,000 in 2017

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10 Aug 2017SoldReady
AED 735,000AED 486 per sqft
27 Sep 2016Sold by developerOff-plan
AED 1,334,951AED 883 per sqft

Source: Dubai Land Department. Updated 10 August 2017.

Key facts

Type
2-bed apartment
Size
1,512 sqft
Floor
4th of 11
Parking
G-29
Developer
Azizi Developments
Completed
2015
Service charge
AED 23,000 /yr
Last sold
AED 735K · August 2017
Building
Azizi Iris

About 407, Azizi Iris

407 is a two-bedroom apartment of 1,512 sqft on the 4th floor of Azizi Iris, a 11-storey tower in Al Furjan completed in 2015 by Azizi Developments. It last sold on 10 August 2017 for AED 735,000, or AED 486 per sqft, 48% below the AED 928 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, 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, September 2016: AED 1,334,951 (AED 883 per sqft)Sold, August 2017: AED 735,000 (AED 486 per sqft)

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

Rents
Unit 407, 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 96,000

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 407 sits

All 70 2-beds →

407 last sold in August 2017 at AED 486 per sqft, 48% below what two-beds in Azizi Iris were fetching at the time (AED 928). 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.

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 4th floor

All 99 units in Azizi Iris
Value
4012-bedAED 1.25M · Jun 2017
4022-bedAED 1.41M · Jun 2016
4032-bedAED 1.55M · Jul 2025
4042-bedAED 1.37M · Jul 2017
4052-bedAED 1.27M · Feb 2016
4061-bedAED 822K · Dec 2014
4081-bedAED 735K · Dec 2022
1–7 of 9

407, Azizi Iris in numbers

  • Sold twice: first on 27 September 2016 for AED 1,334,951, last on 10 August 2017 for AED 735,000 (AED 486 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 2017.

Questions about 407, Azizi Iris

What did unit 407 last sell for?

AED 735,000 on 10 August 2017: AED 486 per sqft for 1,512 sqft. The unit has 2 registered sales; the first was AED 1,334,951 in September 2016.

How big is unit 407?

1,512 sqft (140.5 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2015.

What is unit 407 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 407, Azizi Iris

Starts from the last sale price (AED 735K, 10 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 735,000
Deposit, UAE resident (20%)
AED 147,000
Deposit, non-resident (40%)
AED 294,000
Monthly over 25 years at 3.7%
AED 3,007

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