1-bed · 1,013 sqftAzizi Iris, Al Furjan · 4th floor · completed 2015

408, Azizi Iris

Sold prices and rental history: sold twice, last in December 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 20 December 2022
Last soldAED 735K20 December 2022
Current rentAED 46K /yr28 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Azizi Iris

What is 408 worth today?

Last sold for AED 735,000 in 2022

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20 Dec 2022SoldReady
AED 735,000AED 725 per sqft
28 May 2021RentedNew contract
AED 46,000/yr12 months · AED 45 per sqft
22 May 2020RentedRenewal
AED 52,500/yr12 months · AED 52 per sqft
20 May 2019RentedNew contract
AED 54,706/yr12 months · AED 54 per sqft
27 Jun 2016Sold by developerOff-plan
AED 898,900AED 887 per sqft

Source: Dubai Land Department. Updated 20 December 2022.

Key facts

Type
1-bed apartment
Size
1,013 sqft
Floor
4th of 11
Parking
G-30
Developer
Azizi Developments
Completed
2015
Service charge
AED 15,400 /yr
Last sold
AED 735K · December 2022
Building
Azizi Iris

About 408, Azizi Iris

408 is a one-bedroom apartment of 1,013 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 20 December 2022 for AED 735,000, or AED 725 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 28 May 2021, is AED 46,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 15,400 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Azizi Iris
800K2016201820202022Typical sale price by year: 2016 AED 898,900; 2017 AED 944,350; 2021 AED 660,000Sold by developer, June 2016: AED 898,900 (AED 887 per sqft)Sold, December 2022: AED 735,000 (AED 725 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Azizi Iris
60K80K2017202020232026Typical rent by year: 2017 AED 70,000; 2018 AED 63,810; 2019 AED 54,853; 2020 AED 52,500; 2021 AED 47,000; 2022 AED 52,500; 2023 AED 58,200; 2024 AED 64,500; 2025 AED 75,000; 2026 AED 74,500New contract, May 2019: AED 54,706 a yearRenewal, May 2020: AED 52,500 a yearNew contract, May 2021: AED 46,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Azizi Iris, and where 408 sits

All 19 1-beds →

Over the last 12 months one-beds sold for AED 900,000 to 1,150,000, around AED 1,130 per sqft, and rent for AED 49,574 to 102,154 a year. 408's AED 46,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Apr 20261,150,000
6 Feb 2026980,000
11 Nov 2025900,000
24 Oct 20251,090,000
3 1-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
4072-bedAED 735K · Aug 2017
1–7 of 9

408, Azizi Iris in numbers

  • Sold twice: first on 27 June 2016 for AED 898,900, last on 20 December 2022 for AED 735,000 (AED 725 per sqft).
  • Rented since May 2019 on 3 Ejari contracts, from AED 54,706 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 15,400 a year (AED 15.19 per sqft).
  • One-beds in Azizi Iris sold for AED 900,000–1,150,000 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 20 December 2022.

Questions about 408, Azizi Iris

What did unit 408 last sell for?

AED 735,000 on 20 December 2022: AED 725 per sqft for 1,013 sqft. The unit has 2 registered sales; the first was AED 898,900 in June 2016.

What is the rent for unit 408?

AED 46,000 a year on the contract signed on 28 May 2021. The previous contract, from May 2020, was AED 52,500; the unit has been rented since May 2019.

How big is unit 408?

1,013 sqft (94.1 sqm): a one-bedroom apartment on the 4th floor of a 11-storey tower completed in 2015.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azizi Iris sold for AED 900,000 to 1,150,000 in the last 12 months, around AED 1,130 per sqft.

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Mortgage on 408, Azizi Iris

Starts from the last sale price (AED 735K, 20 December 2022). 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 →