1-bed · 1,013 sqftAzizi Orchid Residence, Al Furjan · 5th floor · completed 2016

508, Azizi Orchid Residence

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 9 June 2024
Last soldAED 850K22 December 2023
Current rentAED 74K /yr9 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Azizi Orchid Residence

What is 508 worth today?

Last sold for AED 850,000 in 2023

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9 Jun 2024RentedNew contract
AED 74,000/yr12 months · AED 73 per sqft
22 Dec 2023SoldReady
AED 850,000AED 839 per sqft
1 Apr 2022RentedNew contract
AED 50,000/yr12 months · AED 49 per sqft
25 Mar 2021RentedRenewal
AED 45,000/yr12 months · AED 44 per sqft
25 Mar 2020RentedNew contract
AED 48,000/yr12 months · AED 47 per sqft
9 Feb 2019RentedNew contract
AED 58,000/yr12 months · AED 57 per sqft
9 Aug 2017RentedNew contract
AED 64,652/yr12 months · AED 64 per sqft
16 Feb 2015Sold by developerOff-plan
AED 969,600AED 957 per sqft

Source: Dubai Land Department. Updated 9 June 2024.

Key facts

Type
1-bed apartment
Size
1,013 sqft
Floor
5th of 11
Parking
G-54
Developer
Azizi Developments
Completed
2016
Service charge
AED 15,600 /yr
Last sold
AED 850K · December 2023

About 508, Azizi Orchid Residence

508 is a one-bedroom apartment of 1,013 sqft on the 5th floor of Azizi Orchid Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. It last sold on 22 December 2023 for AED 850,000, or AED 839 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 9 June 2024, is AED 74,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 15,600 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Azizi Orchid Residence
900K1M2014201720202023Typical sale price by year: 2014 AED 863,075; 2015 AED 974,650; 2024 AED 995,000Sold by developer, February 2015: AED 969,600 (AED 957 per sqft)Sold, December 2023: AED 850,000 (AED 839 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in Azizi Orchid Residence
40K60K80K2017202020232026Typical rent by year: 2017 AED 75,000; 2018 AED 65,000; 2019 AED 58,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 55,000; 2024 AED 62,000; 2025 AED 67,000; 2026 AED 72,660New contract, August 2017: AED 64,652 a yearNew contract, February 2019: AED 58,000 a yearNew contract, March 2020: AED 48,000 a yearRenewal, March 2021: AED 45,000 a yearNew contract, April 2022: AED 50,000 a yearNew contract, June 2024: AED 74,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Azizi Orchid Residence, and where 508 sits

All 19 1-beds →

Over the last 12 months one-beds sold for AED 960,000, around AED 1,107 per sqft, and rent for AED 47,213 to 110,000 a year. 508's AED 74,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Dec 2025960,000
1 Nov 2024995,000
30 Aug 2024800,000
1 Aug 20241,090,000
1 1-bed sale 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 5th floor

All 99 units in Azizi Orchid Residence
Value
5012-bedAED 1.23M · Dec 2016
5022-bedAED 1M · Feb 2020
5032-bedAED 1.7M · Jan 2026
5042-bedAED 1.34M · Jul 2015
5052-bedAED 1.35M · Sep 2025
5061-bedAED 900K · May 2017
5072-bedAED 2.24M · Apr 2024
1–7 of 9

508, Azizi Orchid Residence in numbers

  • Sold twice: first on 16 February 2015 for AED 969,600, last on 22 December 2023 for AED 850,000 (AED 839 per sqft).
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 64,652 to AED 45,000 in 2021 and recovered to AED 74,000 by June 2024.
  • At AED 74,000 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 15,600 a year (AED 15.43 per sqft).
  • One-beds in Azizi Orchid Residence sold for AED 960,000–960,000 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 9 June 2024.

Questions about 508, Azizi Orchid Residence

What did unit 508 last sell for?

AED 850,000 on 22 December 2023: AED 839 per sqft for 1,013 sqft. The unit has 2 registered sales; the first was AED 969,600 in February 2015.

What is the rent for unit 508?

AED 74,000 a year on the contract signed on 9 June 2024. The previous contract, from April 2022, was AED 50,000; the unit has been rented since August 2017.

How big is unit 508?

1,013 sqft (94.1 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azizi Orchid Residence sold for AED 960,000 to 960,000 in the last 12 months, around AED 1,107 per sqft.

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Mortgage on 508, Azizi Orchid Residence

Starts from the last sale price (AED 850K, 22 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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