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Studio · 381 sqftAzizi Plaza, Al Furjan · 5th floor · completed 2021

515, Azizi Plaza

Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 505K20 February 2018
Current rentAED 42K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 515, Azizi Plaza

What is 515 worth today?

Last sold for AED 505,000 in 2018

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25 Nov 2024RentedNew contract
AED 42,000/yr12 months · AED 110 per sqft
1 Nov 2022RentedNew contract
AED 33,000/yr12 months · AED 88 per sqft
20 Feb 2018Sold by developerOff-plan
AED 505,000AED 1,326 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
Studio hotel apartment
Size
381 sqft
Floor
5th of 12
Parking
G-35
Developer
Azizi Developments
Completed
2021
Last sold
AED 505K · February 2018
Building
Azizi Plaza

About 515, Azizi Plaza

515 is a studio of 381 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 20 February 2018 for AED 505,000, or AED 1,326 per sqft, 3% below the AED 1,370 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 25 November 2024, is AED 42,000 a year: a gross yield of 8.3% on the 2018 price.

Sales and rents for 515 over time

Sales
Unit 515, 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 505,000 (AED 1,326 per sqft)

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

Rents
Unit 515, 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, November 2022: AED 33,000 a yearNew contract, November 2024: AED 42,000 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 515 sits

All 286 studios →

515 last sold in February 2018 at AED 1,326 per sqft, 3% below what studios in Azizi Plaza were fetching at the time (AED 1,370). 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. 515's AED 42,000 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 47K /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
506StudioAED 432K · Feb 2023
507StudioAED 357K · Oct 2022
1–7 of 37

515, Azizi Plaza in numbers

  • Sold once: by Azizi Developments on 20 February 2018 for AED 505,000, or AED 1,326 per sqft.
  • Rented since November 2022 on 2 Ejari contracts, from AED 33,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2018 price is 8.3%.
  • 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 25 November 2024.

Questions about 515, Azizi Plaza

What did unit 515 last sell for?

AED 505,000 on 20 February 2018, sold by the developer: AED 1,326 per sqft for 381 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 42,000 a year on the contract signed on 25 November 2024. The previous contract, from November 2022, was AED 33,000.

How big is unit 515?

381 sqft (35.4 sqm): a studio on the 5th floor of a 12-storey tower completed in 2021.

What is unit 515 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 515, Azizi Plaza

Starts from the last sale price (AED 505K, 20 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

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