Studio · 421 sqftAzizi Plaza, Al Furjan · 12th floor · completed 2021

1215, Azizi Plaza

Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1215 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 500K4 November 2021
Current rentAED 37K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1215, Azizi Plaza

What is 1215 worth today?

Last sold for AED 499,560 in 2021

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1 Oct 2023RentedNew contract
AED 37,000/yr12 months · AED 86 per sqft
26 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 70 per sqft
4 Nov 2021Sold by developerOff-plan
AED 499,560AED 1,186 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
Studio hotel apartment
Size
421 sqft
Floor
12th of 12
Parking
P2-134
Developer
Azizi Developments
Completed
2021
Last sold
AED 500K · November 2021
Building
Azizi Plaza

About 1215, Azizi Plaza

1215 is a studio of 421 sqft on the 12th floor of Azizi Plaza, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. The developer sold it on 4 November 2021 for AED 499,560, or AED 1,186 per sqft, 3% below the AED 1,224 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 October 2023, is AED 37,000 a year: a gross yield of 7.4% on the 2021 price.

Sales and rents for 1215 over time

Sales
Unit 1215, 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, November 2021: AED 499,560 (AED 1,186 per sqft)

1215 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1215, 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, August 2022: AED 30,000 a yearNew contract, October 2023: AED 37,000 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 1215 sits

All 286 studios →

1215 last sold in November 2021 at AED 1,186 per sqft, 3% below what studios in Azizi Plaza were fetching at the time (AED 1,224). 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. 1215's AED 37,000 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 12th floor

All 431 units in Azizi Plaza
Value
12012-bedAED 1.45M · Nov 2023
12022-bedAED 1.55M · Sep 2023
12032-bedAED 1.45M · Sep 2023
12042-bedAED 1.54M · Nov 2023
12062-bedAED 1.53M · Sep 2023
12072-bedAED 1.48M · Aug 2023
12082-bedAED 1.39M · Sep 2023
1–7 of 18

1215, Azizi Plaza in numbers

  • Sold once: by Azizi Developments on 4 November 2021 for AED 499,560, or AED 1,186 per sqft.
  • Rented since August 2022 on 2 Ejari contracts, from AED 30,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2021 price is 7.4%.
  • 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 October 2023.

Questions about 1215, Azizi Plaza

What did unit 1215 last sell for?

AED 499,560 on 4 November 2021, sold by the developer: AED 1,186 per sqft for 421 sqft. It is the only registered sale of the unit.

What is the rent for unit 1215?

AED 37,000 a year on the contract signed on 1 October 2023. The previous contract, from August 2022, was AED 30,000.

How big is unit 1215?

421 sqft (39.1 sqm): a studio on the 12th floor of a 12-storey tower completed in 2021.

What is unit 1215 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 1215, Azizi Plaza

Starts from the last sale price (AED 500K, 4 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 499,560
Deposit, UAE resident (20%)
AED 99,912
Deposit, non-resident (40%)
AED 199,824
Monthly over 25 years at 3.7%
AED 2,044

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