Studio · 388 sqftAzizi Plaza, Al Furjan · 5th floor · completed 2021

506, Azizi Plaza

Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 15 February 2023
Last soldAED 432K15 February 2023
Current rentAED 34K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Azizi Plaza

What is 506 worth today?

Last sold for AED 431,970 in 2023

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15 Feb 2023Sold by developerReady
AED 431,970AED 1,113 per sqft
1 Dec 2022RentedNew contract
AED 34,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 15 February 2023.

Key facts

Type
Studio hotel apartment
Size
388 sqft
Floor
5th of 12
Parking
G-20
Developer
Azizi Developments
Completed
2021
Last sold
AED 432K · February 2023
Building
Azizi Plaza

About 506, Azizi Plaza

506 is a studio of 388 sqft on the 5th floor of Azizi Plaza, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. The developer sold it on 15 February 2023 for AED 431,970, or AED 1,113 per sqft, 3% above the AED 1,076 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2022. The current contract, signed on 1 December 2022, is AED 34,000 a year: a gross yield of 7.9% on the 2023 price.

Sales and rents for 506 over time

Sales
Unit 506, 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 2023: AED 431,970 (AED 1,113 per sqft)

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

Rents
Unit 506, 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, December 2022: AED 34,000 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 506 sits

All 286 studios →

506 last sold in February 2023 at AED 1,113 per sqft, 3% above what studios in Azizi Plaza were fetching at the time (AED 1,076). 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. 506's AED 34,000 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 5th floor

All 431 units in Azizi Plaza
Value
5012-bedAED 1.15M · Apr 2026
502StudioAED 374K · May 2023
503StudioAED 528K · Apr 2017
504StudioAED 505K · Feb 2018
505StudioAED 518K · Jan 2017
507StudioAED 357K · Oct 2022
508StudioAED 475K · Dec 2024
1–7 of 37

506, Azizi Plaza in numbers

  • Sold once: by Azizi Developments on 15 February 2023 for AED 431,970, or AED 1,113 per sqft.
  • Rented since December 2022 on one Ejari contract, at AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2023 price is 7.9%.
  • 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 15 February 2023.

Questions about 506, Azizi Plaza

What did unit 506 last sell for?

AED 431,970 on 15 February 2023, sold by the developer: AED 1,113 per sqft for 388 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 34,000 a year on the contract signed on 1 December 2022.

How big is unit 506?

388 sqft (36.0 sqm): a studio on the 5th floor of a 12-storey tower completed in 2021.

What is unit 506 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 506, Azizi Plaza

Starts from the last sale price (AED 432K, 15 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 431,970
Deposit, UAE resident (20%)
AED 86,394
Deposit, non-resident (40%)
AED 172,788
Monthly over 25 years at 3.7%
AED 1,767

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