2-bed · 1,407 sqftAzizi Orchid Residence, Al Furjan · 3rd floor · completed 2016

302, Azizi Orchid Residence

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.1M1 August 2024
Current rentAED 70K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Azizi Orchid Residence

What is 302 worth today?

Last sold for AED 1,100,000 in 2024

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1 Aug 2024SoldReady
AED 1,100,000AED 781 per sqft
15 May 2024RentedNew contract
AED 70,000/yr13 months · AED 50 per sqft
1 May 2022RentedRenewal
AED 60,000/yr12 months · AED 43 per sqft
1 May 2021RentedNew contract
AED 60,000/yr12 months · AED 43 per sqft
6 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 43 per sqft
15 Mar 2020RentedNew contract
AED 69,812/yr12 months · AED 50 per sqft
2 Nov 2014Sold by developerOff-plan
AED 1,377,100AED 978 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,407 sqft
Floor
3rd of 11
Parking
G-15
Developer
Azizi Developments
Completed
2016
Service charge
AED 21,700 /yr
Last sold
AED 1.1M · August 2024

About 302, Azizi Orchid Residence

302 is a two-bedroom apartment of 1,407 sqft on the 3rd floor of Azizi Orchid Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. It last sold on 1 August 2024 for AED 1,100,000, or AED 781 per sqft, 8% below the AED 848 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 15 May 2024, is AED 70,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 21,700 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Azizi Orchid Residence
1.25M1.5M2014201820222026Typical 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, November 2014: AED 1,377,100 (AED 978 per sqft)Sold, August 2024: AED 1,100,000 (AED 781 per sqft)

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

Rents
Unit 302, 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, March 2020: AED 69,812 a yearNew contract, November 2020: AED 60,000 a yearNew contract, May 2021: AED 60,000 a yearRenewal, May 2022: AED 60,000 a yearNew contract, May 2024: 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 Orchid Residence, and where 302 sits

All 70 2-beds →

302 last sold in August 2024 at AED 781 per sqft, 8% below what two-beds in Azizi Orchid Residence were fetching at the time (AED 848). 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. 302's AED 70,000 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 3rd floor

All 99 units in Azizi Orchid Residence
Value
3012-bedAED 1.22M · Dec 2023
3032-bedAED 1.39M · Jul 2015
3042-bedAED 1.35M · Dec 2014
3052-bedAED 1.2M · May 2023
3061-bedAED 839K · Sep 2014
3072-bedAED 1.1M · Dec 2017
3081-bedAED 935K · Dec 2014
1–7 of 9

302, Azizi Orchid Residence in numbers

  • Sold twice: first on 2 November 2014 for AED 1,377,100, last on 1 August 2024 for AED 1,100,000 (AED 781 per sqft).
  • Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 69,812 to AED 60,000 in 2022 and recovered to AED 70,000 by May 2024.
  • At AED 70,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 21,700 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 1 August 2024.

Questions about 302, Azizi Orchid Residence

What did unit 302 last sell for?

AED 1,100,000 on 1 August 2024: AED 781 per sqft for 1,407 sqft. The unit has 2 registered sales; the first was AED 1,377,100 in November 2014.

What is the rent for unit 302?

AED 70,000 a year on the contract signed on 15 May 2024. The previous contract, from May 2022, was AED 60,000; the unit has been rented since March 2020.

How big is unit 302?

1,407 sqft (130.7 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2016.

What is unit 302 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 302, Azizi Orchid Residence

Starts from the last sale price (AED 1.1M, 1 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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