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2-bed · 1,068 sqftAzizi Plaza, Al Furjan · 6th floor · completed 2021

601, 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 601 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.02M3 November 2021
Current rentAED 74K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 601, Azizi Plaza

What is 601 worth today?

Last sold for AED 1,022,560 in 2021

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1 Sep 2024RentedNew contract
AED 73,500/yr12 months · AED 69 per sqft
1 Sep 2023RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
1 Jul 2022RentedNew contract
AED 60,000/yr12 months · AED 56 per sqft
3 Nov 2021Sold by developerOff-plan
AED 1,022,560AED 957 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed hotel apartment
Size
1,068 sqft
Floor
6th of 12
Parking
P1-07
Developer
Azizi Developments
Completed
2021
Last sold
AED 1.02M · November 2021
Building
Azizi Plaza

About 601, Azizi Plaza

601 is a two-bedroom hotel apartment of 1,068 sqft on the 6th floor of Azizi Plaza, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. The developer sold it on 3 November 2021 for AED 1,022,560, or AED 957 per sqft, in line with the AED 970 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 September 2024, is AED 73,500 a year: a gross yield of 7.2% on the 2021 price.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Azizi Plaza
800K1M1.2M2017202020232026Typical sale price by year: 2017 AED 1,157,583; 2018 AED 1,162,958; 2021 AED 987,659; 2022 AED 854,640; 2023 AED 945,560; 2024 AED 1,060,000; 2025 AED 1,200,000; 2026 AED 1,152,500Sold by developer, November 2021: AED 1,022,560 (AED 957 per sqft)

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

Rents
Unit 601, each contractTypical two-bed in Azizi Plaza
60K80K202220242026Typical rent by year: 2022 AED 61,000; 2023 AED 70,000; 2024 AED 82,500; 2025 AED 85,000; 2026 AED 85,000New contract, July 2022: AED 60,000 a yearNew contract, September 2023: AED 70,000 a yearNew contract, September 2024: AED 73,500 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 Plaza, and where 601 sits

All 101 2-beds →

601 last sold in November 2021 at AED 957 per sqft, in line with what two-beds in Azizi Plaza were fetching at the time (AED 970). Over the last 12 months two-beds sold for AED 990,000 to 1,539,450, around AED 1,121 per sqft, and rent for AED 55,000 to 120,000 a year. 601's AED 73,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20261,050,000
31 Jul 20261,010,000
15 May 2026990,000
29 Apr 20261,155,000
9 2-bed 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 6th floor

All 431 units in Azizi Plaza
Value
602StudioAED 441K · Sep 2022
603StudioAED 531K · Apr 2017
604StudioAED 446K · Sep 2022
605StudioAED 525K · Jan 2018
606StudioAED 410K · Sep 2024
607StudioAED 536K · Oct 2017
608StudioAED 537K · Dec 2017
1–7 of 37

601, Azizi Plaza in numbers

  • Sold once: by Azizi Developments on 3 November 2021 for AED 1,022,560, or AED 957 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 60,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2021 price is 7.2%.
  • Two-beds in Azizi Plaza sold for AED 990,000–1,539,450 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 September 2024.

Questions about 601, Azizi Plaza

What did unit 601 last sell for?

AED 1,022,560 on 3 November 2021, sold by the developer: AED 957 per sqft for 1,068 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 73,500 a year on the contract signed on 1 September 2024. The previous contract, from September 2023, was AED 70,000; the unit has been rented since July 2022.

How big is unit 601?

1,068 sqft (99.2 sqm): a two-bedroom hotel apartment on the 6th floor of a 12-storey tower completed in 2021.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azizi Plaza sold for AED 990,000 to 1,539,450 in the last 12 months, around AED 1,121 per sqft.

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Mortgage on 601, Azizi Plaza

Starts from the last sale price (AED 1.02M, 3 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,022,560
Deposit, UAE resident (20%)
AED 204,512
Deposit, non-resident (40%)
AED 409,024
Monthly over 25 years at 3.7%
AED 4,184

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