Studio · 335 sqftAzizi Plaza, Al Furjan · 11th floor · completed 2021

1123, Azizi Plaza

Sold prices and rental history: sold twice, last in April 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1123 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 400K30 April 2024
Current rentAED 45K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1123, Azizi Plaza

What is 1123 worth today?

Last sold for AED 400,000 in 2024

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1 Jul 2024RentedRenewal
AED 45,000/yr12 months · AED 134 per sqft
30 Apr 2024SoldReady
AED 400,000AED 1,193 per sqft
1 Jul 2023RentedNew contract
AED 42,000/yr12 months · AED 125 per sqft
1 Jul 2022RentedNew contract
AED 29,000/yr12 months · AED 87 per sqft
12 Feb 2018Sold by developerOff-plan
AED 515,000AED 1,536 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
Studio hotel apartment
Size
335 sqft
Floor
11th of 12
Parking
P2-104
Developer
Azizi Developments
Completed
2021
Last sold
AED 400K · April 2024
Building
Azizi Plaza

About 1123, Azizi Plaza

1123 is a studio of 335 sqft on the 11th floor of Azizi Plaza, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. It last sold on 30 April 2024 for AED 400,000, or AED 1,193 per sqft, 14% above the AED 1,046 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 45,000 a year: a gross yield of 11.3% on the 2024 price.

Sales and rents for 1123 over time

Sales
Unit 1123, each saleTypical studio in Azizi Plaza
400K500K2017202020232026Typical sale price by year: 2017 AED 531,766; 2018 AED 521,290; 2019 AED 511,810; 2021 AED 470,202; 2022 AED 396,720; 2023 AED 428,400; 2024 AED 435,000; 2025 AED 499,000; 2026 AED 510,000Sold by developer, February 2018: AED 515,000 (AED 1,536 per sqft)Sold, April 2024: AED 400,000 (AED 1,193 per sqft)

1123 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1123, each contractTypical studio in Azizi Plaza
30K40K202220242026Typical rent by year: 2022 AED 30,000; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 44,000; 2026 AED 43,200New contract, July 2022: AED 29,000 a yearNew contract, July 2023: AED 42,000 a yearRenewal, July 2024: AED 45,000 a year

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

Studios in Azizi Plaza, and where 1123 sits

All 286 studios →

1123 last sold in April 2024 at AED 1,193 per sqft, 14% above what studios in Azizi Plaza were fetching at the time (AED 1,046). Over the last 12 months studios sold for AED 200,000 to 550,000, around AED 1,315 per sqft, and rent for AED 25,000 to 66,000 a year. 1123's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026400,000
29 Sep 2026495,000
1 Aug 2026480,000
19 Jun 2026425,000
27 studio sales in the last 12 months

Azizi Plaza

Building

431 apartments, studios to 2-bed over 12 floors in Al Furjan, completed in 2021 by Azizi Developments. 39 sold in the last 12 months.

Typical price per sqft
AED 1,267 Up 4.4%
Typical sale
AED 530K
Typical rent
AED 46K /yr
Typical yield
8.3%
Azizi Plaza, Al Furjan: prices, sales and rents →

Other units on the 11th floor

All 431 units in Azizi Plaza
Value
11012-bedAED 1.05M · Feb 2022
1102StudioAED 450K · Oct 2021
1103StudioAED 519K · Jan 2026
1104StudioAED 538K · Dec 2017
1105StudioAED 499K · Apr 2026
1106StudioAED 648K · Aug 2021
1107StudioAED 571K · Oct 2017
1–7 of 37

1123, Azizi Plaza in numbers

  • Sold twice: first on 12 February 2018 for AED 515,000, last on 30 April 2024 for AED 400,000 (AED 1,193 per sqft).
  • Rented since July 2022 on 3 Ejari contracts, from AED 29,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 11.3%.
  • Studios in Azizi Plaza sold for AED 200,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 1,267 per sqft.

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 1123, Azizi Plaza

What did unit 1123 last sell for?

AED 400,000 on 30 April 2024: AED 1,193 per sqft for 335 sqft. The unit has 2 registered sales; the first was AED 515,000 in February 2018.

What is the rent for unit 1123?

AED 45,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 42,000; the unit has been rented since July 2022.

How big is unit 1123?

335 sqft (31.1 sqm): a studio on the 11th floor of a 12-storey tower completed in 2021.

What is unit 1123 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Plaza sold for AED 200,000 to 550,000 in the last 12 months, around AED 1,315 per sqft.

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Mortgage on 1123, Azizi Plaza

Starts from the last sale price (AED 400K, 30 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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