505, Azizi Iris
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Azizi Iris
What is 505 worth today?
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Source: Dubai Land Department. Updated 25 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,310 sqft
- Floor
- 5th of 11
- Parking
- G-39
- Developer
- Azizi Developments
- Completed
- 2015
- Service charge
- AED 19,900 /yr
- Last sold
- AED 1.2M · June 2024
- Building
- Azizi Iris
About 505, Azizi Iris
505 is a two-bedroom apartment of 1,310 sqft on the 5th floor of Azizi Iris, a 11-storey tower in Al Furjan completed in 2015 by Azizi Developments. It last sold on 25 June 2024 for AED 1,195,000, or AED 912 per sqft, 16% above the AED 788 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 10 September 2023, is AED 77,860 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 19,900 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the two-bed median of each year in the building.
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 505 sits
All 70 2-beds →505 last sold in June 2024 at AED 912 per sqft, 16% above what two-beds in Azizi Iris were fetching at the time (AED 788). 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. 505's AED 77,860 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202610 June 2026 | 1,310 sqft | 1,360,000 | 1,038 | ||
| 9 Apr 20269 April 2026 | 1,487 sqft | 1,700,000 | 1,143 | ||
| 17 Mar 202617 March 2026 | 1,400 sqft | 1,490,000 | 1,064 | ||
| 25 Feb 202625 February 2026 | 1,562 sqft | 1,800,000 | 1,152 |
Azizi Iris
Building99 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%
Other units on the 5th floor
All 99 units in Azizi Iris| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,400 sqft | AED 1.49MAED 1,490,000 · Mar 2026March 2026 | 71,408 /yr | |
| 502 | 2-bed | 1,407 sqft | AED 1.35MAED 1,350,000 · Dec 2016December 2016 | 105,000 /yr | |
| 503 | 2-bed | 1,487 sqft | AED 1.45MAED 1,448,603 · Nov 2016November 2016 | 75,000 /yr | |
| 504 | 2-bed | 1,447 sqft | AED 1.42MAED 1,418,350 · Nov 2017November 2017 | 89,250 /yr | |
| 506 | 1-bed | 867 sqft | AED 839KAED 839,302 · Feb 2015February 2015 | 75,000 /yr | |
| 507 | 2-bed | 1,512 sqft | AED 1.4MAED 1,400,000 · Feb 2024February 2024 | 88,000 /yr | |
| 508 | 1-bed | 1,013 sqft | AED 919KAED 919,100 · Apr 2016April 2016 | ||
| 509 | 3-bed | 2,018 sqft | AED 1.9MAED 1,900,000 · Jan 2017January 2017 | ||
| 510 | 2-bed | 1,557 sqft | AED 1.09MAED 1,091,500 · Aug 2022August 2022 | 71,500 /yr |
505, Azizi Iris in numbers
- Sold twice: first on 16 February 2017 for AED 1,187,699, last on 25 June 2024 for AED 1,195,000 (AED 912 per sqft).
- Rented since July 2017 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 62,000 in 2021 and recovered to AED 77,860 by September 2023.
- At AED 77,860 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 19,900 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 25 June 2024.
Questions about 505, Azizi Iris
What did unit 505 last sell for?
AED 1,195,000 on 25 June 2024: AED 912 per sqft for 1,310 sqft. The unit has 2 registered sales; the first was AED 1,187,699 in February 2017.
What is the rent for unit 505?
AED 77,860 a year on the contract renewed on 10 September 2023. The previous contract, from September 2022, was AED 66,000; the unit has been rented since July 2017.
How big is unit 505?
1,310 sqft (121.7 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2015.
What is unit 505 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 505, Azizi Iris
Starts from the last sale price (AED 1.2M, 25 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,195,000
- Deposit, UAE resident (20%)
- AED 239,000
- Deposit, non-resident (40%)
- AED 478,000
- Monthly over 25 years at 3.7%
- AED 4,889
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →