2-bed · 1,407 sqftAzizi Iris, Al Furjan · 7th floor · completed 2015

702, Azizi Iris

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 30 March 2023
Last soldAED 1.12M30 March 2023
Current rentAED 65K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Azizi Iris

What is 702 worth today?

Last sold for AED 1,120,000 in 2023

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30 Mar 2023SoldReady
AED 1,120,000AED 795 per sqft
1 Mar 2021RentedNew contract
AED 65,000/yr12 months · AED 46 per sqft
10 Sep 2019RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
10 Sep 2018RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft
10 Sep 2017RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
24 May 2017Sold by developerReady
AED 1,282,041AED 911 per sqft

Source: Dubai Land Department. Updated 30 March 2023.

Key facts

Type
2-bed apartment
Size
1,407 sqft
Floor
7th of 11
Parking
1-9
Developer
Azizi Developments
Completed
2015
Service charge
AED 21,400 /yr
Last sold
AED 1.12M · March 2023
Building
Azizi Iris

About 702, Azizi Iris

702 is a two-bedroom apartment of 1,407 sqft on the 7th floor of Azizi Iris, a 11-storey tower in Al Furjan completed in 2015 by Azizi Developments. It last sold on 30 March 2023 for AED 1,120,000, or AED 795 per sqft, 6% above the AED 752 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 March 2021, is AED 65,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 21,400 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, May 2017: AED 1,282,041 (AED 911 per sqft)Sold, March 2023: AED 1,120,000 (AED 795 per sqft)

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

Rents
Unit 702, 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, September 2017: AED 90,000 a yearRenewal, September 2018: AED 85,000 a yearRenewal, September 2019: AED 80,000 a yearNew contract, March 2021: AED 65,000 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 702 sits

All 70 2-beds →

702 last sold in March 2023 at AED 795 per sqft, 6% above what two-beds in Azizi Iris were fetching at the time (AED 752). 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. 702's AED 65,000 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 7th floor

All 99 units in Azizi Iris
Value
7012-bedAED 1.27M · Jul 2017
7032-bedAED 1.6M · Aug 2025
7042-bedAED 1.37M · Sep 2017
7052-bedAED 1.27M · Feb 2018
7061-bedAED 830K · Sep 2016
7072-bedAED 1.39M · Feb 2016
7081-bedAED 1.15M · Apr 2026
1–7 of 9

702, Azizi Iris in numbers

  • Sold twice: first on 24 May 2017 for AED 1,282,041, last on 30 March 2023 for AED 1,120,000 (AED 795 per sqft).
  • Rented since September 2017 on 4 Ejari contracts, from AED 90,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 21,400 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 30 March 2023.

Questions about 702, Azizi Iris

What did unit 702 last sell for?

AED 1,120,000 on 30 March 2023: AED 795 per sqft for 1,407 sqft. The unit has 2 registered sales; the first was AED 1,282,041 in May 2017.

What is the rent for unit 702?

AED 65,000 a year on the contract signed on 1 March 2021. The previous contract, from September 2019, was AED 80,000; the unit has been rented since September 2017.

How big is unit 702?

1,407 sqft (130.7 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2015.

What is unit 702 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 702, Azizi Iris

Starts from the last sale price (AED 1.12M, 30 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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