2-bed · 1,362 sqftAzizi Orchid Residence, Al Furjan · 10th floor · completed 2016

1007, Azizi Orchid Residence

Sold prices and rental history: sold twice, last in May 2018, and rented once, from April 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 10 May 2018
Last soldAED 1.38M10 May 2018
Current rentAED 88K /yr25 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Azizi Orchid Residence

What is 1007 worth today?

Last sold for AED 1,375,000 in 2018

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10 May 2018SoldReady
AED 1,375,000AED 1,009 per sqft
25 Apr 2017RentedNew contract
AED 88,000/yr12 months · AED 64 per sqft
26 Dec 2016Sold by developerOff-plan
AED 1,336,680AED 981 per sqft

Source: Dubai Land Department. Updated 10 May 2018.

Key facts

Type
2-bed apartment
Size
1,362 sqft
Floor
10th of 11
Parking
1-48
Developer
Azizi Developments
Completed
2016
Service charge
AED 21,000 /yr
Last sold
AED 1.38M · May 2018

About 1007, Azizi Orchid Residence

1007 is a two-bedroom apartment of 1,362 sqft on the 10th floor of Azizi Orchid Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. It last sold on 10 May 2018 for AED 1,375,000, or AED 1,009 per sqft, 8% above the AED 931 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 April 2017. The current contract, signed on 25 April 2017, is AED 88,000 a year: a gross yield of 6.4% on the 2018 price, before the service charge of about AED 21,000 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, 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, December 2016: AED 1,336,680 (AED 981 per sqft)Sold, May 2018: AED 1,375,000 (AED 1,009 per sqft)

1007 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1007, 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, April 2017: AED 88,000 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 1007 sits

All 70 2-beds →

1007 last sold in May 2018 at AED 1,009 per sqft, 8% above what two-beds in Azizi Orchid Residence were fetching at the time (AED 931). 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. 1007's AED 88,000 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
10042-bedAED 1.3M · Jul 2015
10052-bedAED 1.25M · Nov 2024
10061-bedAED 870K · Dec 2014
10081-bedAED 660K · Jul 2022
1–7 of 9

1007, Azizi Orchid Residence in numbers

  • Sold twice: first on 26 December 2016 for AED 1,336,680, last on 10 May 2018 for AED 1,375,000 (AED 1,009 per sqft).
  • Rented since April 2017 on one Ejari contract, at AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2018 price is 6.4%, before a service charge of about AED 21,000 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 2018.

Questions about 1007, Azizi Orchid Residence

What did unit 1007 last sell for?

AED 1,375,000 on 10 May 2018: AED 1,009 per sqft for 1,362 sqft. The unit has 2 registered sales; the first was AED 1,336,680 in December 2016.

What is the rent for unit 1007?

AED 88,000 a year on the contract signed on 25 April 2017.

How big is unit 1007?

1,362 sqft (126.5 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2016.

What is unit 1007 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 1007, Azizi Orchid Residence

Starts from the last sale price (AED 1.38M, 10 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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