Home
Dubai prices
About
Research
2-bed · 1,407 sqftAzizi Orchid Residence, Al Furjan · 7th floor · completed 2016

702, Azizi Orchid Residence

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

Unit 702 · DLD and Ejari recordsUpdated 5 November 2023
Last soldAED 1.15M9 September 2023
Current rentAED 66K /yr5 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 702

Property timeline for 702, Azizi Orchid Residence

What is 702 worth today?

Last sold for AED 1,150,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Nov 2023RentedNew contract
AED 66,409/yr15 months · AED 47 per sqft
9 Sep 2023SoldReady
AED 1,150,000AED 817 per sqft
10 Feb 2023RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
14 Jul 2016Sold by developerOff-plan
AED 1,300,000AED 923 per sqft

Source: Dubai Land Department. Updated 5 November 2023.

Key facts

Type
2-bed apartment
Size
1,407 sqft
Floor
7th of 11
Parking
G-69
Developer
Azizi Developments
Completed
2016
Service charge
AED 21,700 /yr
Last sold
AED 1.15M · September 2023
Building
Azizi Orchid Residence

About 702, Azizi Orchid Residence

702 is a two-bedroom apartment of 1,407 sqft on the 7th floor of Azizi Orchid Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. It last sold on 9 September 2023 for AED 1,150,000, or AED 817 per sqft, in line with the AED 821 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 5 November 2023, is AED 66,409 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 21,700 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, July 2016: AED 1,300,000 (AED 923 per sqft)Sold, September 2023: AED 1,150,000 (AED 817 per sqft)

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

Rents
Unit 702, 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, February 2023: AED 80,000 a yearNew contract, November 2023: AED 66,409 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 702 sits

All 70 2-beds →

702 last sold in September 2023 at AED 817 per sqft, in line with what two-beds in Azizi Orchid Residence were fetching at the time (AED 821). 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. 702's AED 66,409 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 7th floor

All 99 units in Azizi Orchid Residence
Value
7012-bedAED 1.39M · Jan 2017
7032-bedAED 1.17M · Apr 2023
7042-bedAED 1.34M · Oct 2015
7052-bedAED 1.23M · Nov 2016
7061-bedAED 690K · Nov 2022
7072-bedAED 1.27M · Aug 2017
7081-bedAED 980K · Jan 2015
1–7 of 9

702, Azizi Orchid Residence in numbers

  • Sold twice: first on 14 July 2016 for AED 1,300,000, last on 9 September 2023 for AED 1,150,000 (AED 817 per sqft).
  • Rented since February 2023 on 2 Ejari contracts, from AED 80,000 to AED 66,409 a year.
  • At AED 66,409 a year the gross yield on the 2023 price is 5.8%, 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 5 November 2023.

Questions about 702, Azizi Orchid Residence

What did unit 702 last sell for?

AED 1,150,000 on 9 September 2023: AED 817 per sqft for 1,407 sqft. The unit has 2 registered sales; the first was AED 1,300,000 in July 2016.

What is the rent for unit 702?

AED 66,409 a year on the contract signed on 5 November 2023. The previous contract, from February 2023, was AED 80,000.

How big is unit 702?

1,407 sqft (130.7 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2016.

What is unit 702 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.

Selling 702? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 702, Azizi Orchid Residence

Starts from the last sale price (AED 1.15M, 9 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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