2-bed · 1,496 sqftAzizi Liatris Residence, Al Furjan · 6th floor · completed 2016

602, Azizi Liatris Residence

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 5 September 2022
Last soldAED 1.1M5 September 2022
Current rentAED 65K /yr10 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Azizi Liatris Residence

What is 602 worth today?

Last sold for AED 1,095,000 in 2022

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5 Sep 2022SoldReady
AED 1,095,000AED 731 per sqft
10 Sep 2021RentedNew contract
AED 65,000/yr12 months · AED 43 per sqft
1 Oct 2020RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
10 Sep 2019RentedRenewal
AED 78,000/yr12 months · AED 52 per sqft
10 Sep 2018RentedNew contract
AED 82,000/yr12 months · AED 55 per sqft
15 Mar 2018RentedRenewal
AED 100,000/yr12 months · AED 67 per sqft
15 Mar 2017RentedNew contract
AED 100,000/yr12 months · AED 67 per sqft
9 Nov 2014Sold by developerOff-plan
AED 1,374,160AED 918 per sqft

Source: Dubai Land Department. Updated 5 September 2022.

Key facts

Type
2-bed apartment
Size
1,496 sqft
Floor
6th of 11
Parking
G-65
Developer
Azizi Developments
Completed
2016
Service charge
AED 22,800 /yr
Last sold
AED 1.1M · September 2022

About 602, Azizi Liatris Residence

602 is a two-bedroom apartment of 1,496 sqft on the 6th floor of Azizi Liatris Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. It last sold on 5 September 2022 for AED 1,095,000, or AED 731 per sqft, in line with the AED 732 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 10 September 2021, is AED 65,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 22,800 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Azizi Liatris Residence
1M1.25M1.5M20142017202020232026Typical sale price by year: 2014 AED 1,343,900; 2015 AED 1,260,000; 2016 AED 1,309,666; 2017 AED 1,330,895; 2018 AED 1,145,000; 2021 AED 1,000,000; 2022 AED 1,072,500; 2023 AED 1,175,000; 2024 AED 1,342,500; 2025 AED 1,475,000Sold by developer, November 2014: AED 1,374,160 (AED 918 per sqft)Sold, September 2022: AED 1,095,000 (AED 731 per sqft)

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

Rents
Unit 602, each contractTypical two-bed in Azizi Liatris Residence
60K80K100K2017202020232026Typical rent by year: 2017 AED 94,500; 2018 AED 85,000; 2019 AED 78,525; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 70,000; 2023 AED 80,000; 2024 AED 90,125; 2025 AED 98,000; 2026 AED 100,000New contract, March 2017: AED 100,000 a yearRenewal, March 2018: AED 100,000 a yearNew contract, September 2018: AED 82,000 a yearRenewal, September 2019: AED 78,000 a yearNew contract, October 2020: AED 60,000 a yearNew contract, September 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 Liatris Residence, and where 602 sits

All 90 2-beds →

602 last sold in September 2022 at AED 731 per sqft, in line with what two-beds in Azizi Liatris Residence were fetching at the time (AED 732). Over the last 12 months two-beds sold for AED 1,470,000 to 1,625,000, around AED 1,076 per sqft, and rent for AED 75,000 to 125,000 a year. 602's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jul 20261,470,000
28 Jan 20261,625,000
14 Nov 20251,470,000
22 Aug 20251,126,361
3 2-bed sales in the last 12 months

Azizi Liatris Residence

Building

129 apartments, 1-bed to 3-bed over 11 floors in Al Furjan, completed in 2016 by Azizi Developments. 5 sold in the last 12 months.

Typical price per sqft
AED 1,012
Typical sale
AED 1.47M
Typical rent
AED 94K /yr
Typical yield
7.3%
Azizi Liatris Residence, Al Furjan: prices, sales and rents →

Other units on the 6th floor

All 129 units in Azizi Liatris Residence
Value
6012-bedAED 1.1M · Sep 2022
6032-bedAED 1.35M · Dec 2016
6042-bedAED 1.41M · May 2017
6051-bedAED 897K · Feb 2015
6061-bedAED 730K · Jun 2023
6072-bedAED 1.29M · Jan 2017
6082-bedAED 1M · Dec 2022
1–7 of 12

602, Azizi Liatris Residence in numbers

  • Sold twice: first on 9 November 2014 for AED 1,374,160, last on 5 September 2022 for AED 1,095,000 (AED 731 per sqft).
  • Rented since March 2017 on 6 Ejari contracts, from AED 100,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 22,800 a year (AED 15.21 per sqft).
  • Two-beds in Azizi Liatris Residence sold for AED 1,470,000–1,625,000 in the 12 months to November 2026; the building's median across all types is AED 1,012 per sqft.

Source: Dubai Land Department. Updated 5 September 2022.

Questions about 602, Azizi Liatris Residence

What did unit 602 last sell for?

AED 1,095,000 on 5 September 2022: AED 731 per sqft for 1,496 sqft. The unit has 2 registered sales; the first was AED 1,374,160 in November 2014.

What is the rent for unit 602?

AED 65,000 a year on the contract signed on 10 September 2021. The previous contract, from October 2020, was AED 60,000; the unit has been rented since March 2017.

How big is unit 602?

1,496 sqft (139.0 sqm): a two-bedroom apartment on the 6th floor of a 11-storey tower completed in 2016.

What is unit 602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azizi Liatris Residence sold for AED 1,470,000 to 1,625,000 in the last 12 months, around AED 1,076 per sqft.

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Mortgage on 602, Azizi Liatris Residence

Starts from the last sale price (AED 1.1M, 5 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,095,000
Deposit, UAE resident (20%)
AED 219,000
Deposit, non-resident (40%)
AED 438,000
Monthly over 25 years at 3.7%
AED 4,480

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