2-bed · 1,400 sqftAzizi Iris, Al Furjan · 6th floor · completed 2015

601, Azizi Iris

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 5 September 2023
Last soldAED 1.09M5 September 2023
Current rentAED 70K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Azizi Iris

What is 601 worth today?

Last sold for AED 1,090,000 in 2023

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5 Sep 2023SoldReady
AED 1,090,000AED 778 per sqft
15 Feb 2023RentedRenewal
AED 70,000/yr12 months · AED 50 per sqft
15 Feb 2022RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft
25 Dec 2020RentedRenewal
AED 70,000/yr12 months · AED 50 per sqft
24 Dec 2019RentedRenewal
AED 79,786/yr12 months · AED 57 per sqft
24 Dec 2018RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
26 Mar 2017Sold by developerOff-plan
AED 1,352,042AED 965 per sqft

Source: Dubai Land Department. Updated 5 September 2023.

Key facts

Type
2-bed apartment
Size
1,400 sqft
Floor
6th of 11
Parking
G-61
Developer
Azizi Developments
Completed
2015
Service charge
AED 21,300 /yr
Last sold
AED 1.09M · September 2023
Building
Azizi Iris

About 601, Azizi Iris

601 is a two-bedroom apartment of 1,400 sqft on the 6th floor of Azizi Iris, a 11-storey tower in Al Furjan completed in 2015 by Azizi Developments. It last sold on 5 September 2023 for AED 1,090,000, or AED 778 per sqft, in line with the AED 767 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 February 2023, is AED 70,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 21,300 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, March 2017: AED 1,352,042 (AED 965 per sqft)Sold, September 2023: AED 1,090,000 (AED 778 per sqft)

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

Rents
Unit 601, 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, December 2018: AED 80,000 a yearRenewal, December 2019: AED 79,786 a yearRenewal, December 2020: AED 70,000 a yearNew contract, February 2022: AED 70,000 a yearRenewal, February 2023: AED 70,000 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 601 sits

All 70 2-beds →

601 last sold in September 2023 at AED 778 per sqft, in line with what two-beds in Azizi Iris were fetching at the time (AED 767). 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. 601's AED 70,000 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 6th floor

All 99 units in Azizi Iris
Value
6022-bedAED 900K · May 2022
6032-bedAED 1.43M · Dec 2024
6042-bedAED 1.14M · Apr 2023
6052-bedAED 1.43M · May 2025
6061-bedAED 630K · Nov 2021
6072-bedAED 600K · Jun 2018
6081-bedAED 930K · Oct 2017
1–7 of 9

601, Azizi Iris in numbers

  • Sold twice: first on 26 March 2017 for AED 1,352,042, last on 5 September 2023 for AED 1,090,000 (AED 778 per sqft).
  • Rented since December 2018 on 5 Ejari contracts, from AED 80,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 21,300 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 5 September 2023.

Questions about 601, Azizi Iris

What did unit 601 last sell for?

AED 1,090,000 on 5 September 2023: AED 778 per sqft for 1,400 sqft. The unit has 2 registered sales; the first was AED 1,352,042 in March 2017.

What is the rent for unit 601?

AED 70,000 a year on the contract renewed on 15 February 2023. The previous contract, from February 2022, was AED 70,000; the unit has been rented since December 2018.

How big is unit 601?

1,400 sqft (130.1 sqm): a two-bedroom apartment on the 6th floor of a 11-storey tower completed in 2015.

What is unit 601 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 601, Azizi Iris

Starts from the last sale price (AED 1.09M, 5 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,090,000
Deposit, UAE resident (20%)
AED 218,000
Deposit, non-resident (40%)
AED 436,000
Monthly over 25 years at 3.7%
AED 4,460

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