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2-bed · 1,557 sqftAzizi Iris, Al Furjan · 5th floor · completed 2015

510, Azizi Iris

Sold prices and rental history: sold twice, last in August 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 16 August 2022
Last soldAED 1.09M16 August 2022
Current rentAED 72K /yr3 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 510, Azizi Iris

What is 510 worth today?

Last sold for AED 1,091,500 in 2022

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16 Aug 2022SoldReady
AED 1,091,500AED 700 per sqft
3 Jul 2021RentedRenewal
AED 71,500/yr12 months · AED 46 per sqft
3 Jul 2020RentedNew contract
AED 73,000/yr12 months · AED 47 per sqft
21 Nov 2016Sold by developerOff-plan
AED 1,512,695AED 971 per sqft

Source: Dubai Land Department. Updated 16 August 2022.

Key facts

Type
2-bed apartment
Size
1,557 sqft
Floor
5th of 11
Parking
G-60
Developer
Azizi Developments
Completed
2015
Service charge
AED 23,700 /yr
Last sold
AED 1.09M · August 2022
Building
Azizi Iris

About 510, Azizi Iris

510 is a two-bedroom apartment of 1,557 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 16 August 2022 for AED 1,091,500, or AED 700 per sqft, in line with the AED 700 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 3 July 2021, is AED 71,500 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 23,700 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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 1,512,695 (AED 971 per sqft)Sold, August 2022: AED 1,091,500 (AED 700 per sqft)

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

Rents
Unit 510, 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 2020: AED 73,000 a yearRenewal, July 2021: AED 71,500 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 510 sits

All 70 2-beds →

510 last sold in August 2022 at AED 700 per sqft, in line with what two-beds in Azizi Iris were fetching at the time (AED 700). 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. 510's AED 71,500 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 5th floor

All 99 units in Azizi Iris
Value
5012-bedAED 1.49M · Mar 2026
5022-bedAED 1.35M · Dec 2016
5032-bedAED 1.45M · Nov 2016
5042-bedAED 1.42M · Nov 2017
5052-bedAED 1.2M · Jun 2024
5061-bedAED 839K · Feb 2015
5072-bedAED 1.4M · Feb 2024
1–7 of 9

510, Azizi Iris in numbers

  • Sold twice: first on 21 November 2016 for AED 1,512,695, last on 16 August 2022 for AED 1,091,500 (AED 700 per sqft).
  • Rented since July 2020 on 2 Ejari contracts, from AED 73,000 to AED 71,500 a year.
  • At AED 71,500 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 23,700 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 16 August 2022.

Questions about 510, Azizi Iris

What did unit 510 last sell for?

AED 1,091,500 on 16 August 2022: AED 700 per sqft for 1,557 sqft. The unit has 2 registered sales; the first was AED 1,512,695 in November 2016.

What is the rent for unit 510?

AED 71,500 a year on the contract renewed on 3 July 2021. The previous contract, from July 2020, was AED 73,000.

How big is unit 510?

1,557 sqft (144.7 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2015.

What is unit 510 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 510, Azizi Iris

Starts from the last sale price (AED 1.09M, 16 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,091,500
Deposit, UAE resident (20%)
AED 218,300
Deposit, non-resident (40%)
AED 436,600
Monthly over 25 years at 3.7%
AED 4,466

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