2-bed · 1,407 sqftAzizi Orchid Residence, Al Furjan · 4th floor · completed 2016

402, Azizi Orchid Residence

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 1.24M27 June 2024
Current rentAED 53K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Azizi Orchid Residence

What is 402 worth today?

Last sold for AED 1,235,000 in 2024

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27 Jun 2024SoldReady
AED 1,235,000AED 877 per sqft
1 Feb 2023RentedNew contract
AED 53,000/yr12 months · AED 38 per sqft
1 Feb 2021RentedNew contract
AED 53,000/yr12 months · AED 38 per sqft
10 Aug 2020RentedRenewal
AED 55,000/yr12 months · AED 39 per sqft
10 Aug 2019RentedNew contract
AED 64,000/yr12 months · AED 45 per sqft
15 Jul 2018RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
16 Feb 2015Sold by developerOff-plan
AED 1,318,500AED 937 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
2-bed apartment
Size
1,407 sqft
Floor
4th of 11
Parking
G-25
Developer
Azizi Developments
Completed
2016
Service charge
AED 21,700 /yr
Last sold
AED 1.24M · June 2024

About 402, Azizi Orchid Residence

402 is a two-bedroom apartment of 1,407 sqft on the 4th floor of Azizi Orchid Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. It last sold on 27 June 2024 for AED 1,235,000, or AED 877 per sqft, 3% above the AED 848 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 February 2023, is AED 53,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 21,700 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, February 2015: AED 1,318,500 (AED 937 per sqft)Sold, June 2024: AED 1,235,000 (AED 877 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in Azizi Orchid Residence
50K100K2017202020232026Typical 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, July 2018: AED 80,000 a yearNew contract, August 2019: AED 64,000 a yearRenewal, August 2020: AED 55,000 a yearNew contract, February 2021: AED 53,000 a yearNew contract, February 2023: AED 53,000 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 402 sits

All 70 2-beds →

402 last sold in June 2024 at AED 877 per sqft, 3% above 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. 402's AED 53,000 is at the bottom 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 4th floor

All 99 units in Azizi Orchid Residence
Value
4012-bedAED 1.15M · Jul 2023
4032-bedAED 1.64M · Feb 2026
4042-bedAED 1.05M · Jun 2022
4052-bedAED 625K · Oct 2016
4061-bedAED 813K · Dec 2014
4072-bedAED 725K · Apr 2017
4081-bedAED 965K · Apr 2015
1–7 of 9

402, Azizi Orchid Residence in numbers

  • Sold twice: first on 16 February 2015 for AED 1,318,500, last on 27 June 2024 for AED 1,235,000 (AED 877 per sqft).
  • Rented since July 2018 on 5 Ejari contracts, from AED 80,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2024 price is 4.3%, 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 27 June 2024.

Questions about 402, Azizi Orchid Residence

What did unit 402 last sell for?

AED 1,235,000 on 27 June 2024: AED 877 per sqft for 1,407 sqft. The unit has 2 registered sales; the first was AED 1,318,500 in February 2015.

What is the rent for unit 402?

AED 53,000 a year on the contract signed on 1 February 2023. The previous contract, from February 2021, was AED 53,000; the unit has been rented since July 2018.

How big is unit 402?

1,407 sqft (130.7 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2016.

What is unit 402 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 402, Azizi Orchid Residence

Starts from the last sale price (AED 1.24M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,235,000
Deposit, UAE resident (20%)
AED 247,000
Deposit, non-resident (40%)
AED 494,000
Monthly over 25 years at 3.7%
AED 5,053

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