2-bed · 1,447 sqftAzizi Orchid Residence, Al Furjan · 10th floor · completed 2016

1004, Azizi Orchid Residence

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 10 May 2023
Last soldAED 1.3M21 July 2015
Current rentAED 95K /yr10 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Azizi Orchid Residence

What is 1004 worth today?

Last sold for AED 1,300,000 in 2015

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10 May 2023RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
25 Mar 2022RentedRenewal
AED 77,000/yr13 months · AED 53 per sqft
25 Feb 2021RentedNew contract
AED 65,000/yr13 months · AED 45 per sqft
5 Jan 2020RentedNew contract
AED 76,000/yr12 months · AED 53 per sqft
10 Oct 2018RentedNew contract
AED 92,000/yr14 months · AED 64 per sqft
10 Dec 2017RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
21 Jul 2015Sold by developerOff-plan
AED 1,300,000AED 898 per sqft

Source: Dubai Land Department. Updated 10 May 2023.

Key facts

Type
2-bed apartment
Size
1,447 sqft
Floor
10th of 11
Parking
1-45
Developer
Azizi Developments
Completed
2016
Service charge
AED 22,300 /yr
Last sold
AED 1.3M · July 2015

About 1004, Azizi Orchid Residence

1004 is a two-bedroom apartment of 1,447 sqft on the 10th floor of Azizi Orchid Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. The developer sold it on 21 July 2015 for AED 1,300,000, or AED 898 per sqft, 8% below the AED 974 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 May 2023, is AED 95,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 22,300 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in Azizi Orchid Residence
1.2M1.4M1.6M2014201820222026Typical sale price by year: 2014 AED 1,401,318; 2015 AED 1,319,250; 2016 AED 1,334,951; 2017 AED 1,369,340; 2023 AED 1,207,500; 2024 AED 1,267,500; 2025 AED 1,487,500; 2026 AED 1,645,000Sold by developer, July 2015: AED 1,300,000 (AED 898 per sqft)

1004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in Azizi Orchid Residence
75K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 85,000; 2019 AED 76,450; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 70,000; 2023 AED 76,000; 2024 AED 92,000; 2025 AED 106,250; 2026 AED 115,000New contract, December 2017: AED 95,000 a yearNew contract, October 2018: AED 92,000 a yearNew contract, January 2020: AED 76,000 a yearNew contract, February 2021: AED 65,000 a yearRenewal, March 2022: AED 77,000 a yearNew contract, May 2023: AED 95,000 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 Orchid Residence, and where 1004 sits

All 70 2-beds →

1004 last sold in July 2015 at AED 898 per sqft, 8% below what two-beds in Azizi Orchid Residence were fetching at the time (AED 974). Over the last 12 months two-beds sold for AED 1,400,000 to 2,010,000, around AED 1,061 per sqft, and rent for AED 69,300 to 133,194 a year. 1004's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20261,400,000
13 Jul 20261,420,000
24 Feb 20262,010,000
18 Feb 20261,640,000
8 2-bed sales in the last 12 months

Azizi Orchid Residence

Building

99 apartments, 1-bed to 3-bed over 11 floors in Al Furjan, completed in 2016 by Azizi Developments. 9 sold in the last 12 months.

Typical price per sqft
AED 1,066
Typical sale
AED 1.5M
Typical rent
AED 95K /yr
Typical yield
7.2%
Azizi Orchid Residence, Al Furjan: prices, sales and rents →

Other units on the 10th floor

All 99 units in Azizi Orchid Residence
Value
10012-bedAED 1.36M · Sep 2024
10022-bedAED 1.36M · Nov 2024
10032-bedAED 1.39M · Jun 2016
10052-bedAED 1.25M · Nov 2024
10061-bedAED 870K · Dec 2014
10072-bedAED 1.38M · May 2018
10081-bedAED 660K · Jul 2022
1–7 of 9

1004, Azizi Orchid Residence in numbers

  • Sold once: by Azizi Developments on 21 July 2015 for AED 1,300,000, or AED 898 per sqft.
  • Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2021 and recovered to AED 95,000 by May 2023.
  • At AED 95,000 a year the gross yield on the 2015 price is 7.3%, before a service charge of about AED 22,300 a year (AED 15.43 per sqft).
  • Two-beds in Azizi Orchid Residence sold for AED 1,400,000–2,010,000 in the 12 months to November 2026; the building's median across all types is AED 1,066 per sqft.

Source: Dubai Land Department. Updated 10 May 2023.

Questions about 1004, Azizi Orchid Residence

What did unit 1004 last sell for?

AED 1,300,000 on 21 July 2015, sold by the developer: AED 898 per sqft for 1,447 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 95,000 a year on the contract signed on 10 May 2023. The previous contract, from March 2022, was AED 77,000; the unit has been rented since December 2017.

How big is unit 1004?

1,447 sqft (134.4 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2016.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azizi Orchid Residence sold for AED 1,400,000 to 2,010,000 in the last 12 months, around AED 1,061 per sqft.

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Mortgage on 1004, Azizi Orchid Residence

Starts from the last sale price (AED 1.3M, 21 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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