2-bed · 2,317 sqftAzizi Shaista Residence, Al Furjan · 12th floor · completed 2021

1216, Azizi Shaista Residence

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

Unit 1216 · DLD and Ejari recordsUpdated 3 September 2023
Last soldAED 1.74M24 July 2023
Current rentAED 130K /yr3 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1216, Azizi Shaista Residence

What is 1216 worth today?

Last sold for AED 1,743,760 in 2023

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3 Sep 2023RentedNew contract
AED 130,000/yr12 months · AED 56 per sqft
24 Jul 2023Sold by developerReady
AED 1,743,760AED 752 per sqft

Source: Dubai Land Department. Updated 3 September 2023.

Key facts

Type
2-bed apartment
Size
2,317 sqft
Floor
12th of 12
Parking
B-36, B-37
Developer
Azizi Developments
Completed
2021
Last sold
AED 1.74M · July 2023

About 1216, Azizi Shaista Residence

1216 is a two-bedroom apartment of 2,317 sqft on the 12th floor of Azizi Shaista Residence, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. The developer sold it on 24 July 2023 for AED 1,743,760, or AED 752 per sqft, 7% below the AED 808 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 September 2023. The current contract, signed on 3 September 2023, is AED 130,000 a year: a gross yield of 7.5% on the 2023 price.

Sales and rents for 1216 over time

Sales
Unit 1216, each saleTypical two-bed in Azizi Shaista Residence
1.5M2021202220232024Typical sale price by year: 2021 AED 1,142,630; 2023 AED 1,457,890Sold by developer, July 2023: AED 1,743,760 (AED 752 per sqft)

1216 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1216, each contractTypical two-bed in Azizi Shaista Residence
50K100K2021202320252027Typical rent by year: 2021 AED 57,000; 2022 AED 68,500; 2023 AED 78,000; 2024 AED 108,500; 2025 AED 95,000; 2026 AED 103,500New contract, September 2023: AED 130,000 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 Shaista Residence, and where 1216 sits

All 23 2-beds →

1216 last sold in July 2023 at AED 752 per sqft, 7% below what two-beds in Azizi Shaista Residence were fetching at the time (AED 808). 1216's AED 130,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Mar 20241,665,000
26 Mar 20241,100,000
17 Nov 20231,125,000
7 Sep 20231,570,230
0 2-bed sales in the last 12 months

Azizi Shaista Residence

Building

282 apartments, studios to 2-bed over 12 floors in Al Furjan, completed in 2021 by Azizi Developments. 15 sold in the last 12 months.

Typical price per sqft
AED 1,394 Up 30.2%
Typical sale
AED 580K
Typical rent
AED 54K /yr
Typical yield
7.4%
Azizi Shaista Residence, Al Furjan: prices, sales and rents →

Other units on the 12th floor

All 282 units in Azizi Shaista Residence
Value
12011-bedAED 833K · Jan 2023
12021-bedAED 623K · Mar 2021
1203StudioAED 376K · Mar 2022
1204StudioAED 389K · Mar 2022
12051-bedAED 720K · Dec 2023
1206StudioAED 550K · May 2017
12072-bedAED 1.96M · May 2023
1–7 of 15

1216, Azizi Shaista Residence in numbers

  • Sold once: by Azizi Developments on 24 July 2023 for AED 1,743,760, or AED 752 per sqft.
  • Rented since September 2023 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 7.5%.

Source: Dubai Land Department. Updated 3 September 2023.

Questions about 1216, Azizi Shaista Residence

What did unit 1216 last sell for?

AED 1,743,760 on 24 July 2023, sold by the developer: AED 752 per sqft for 2,317 sqft. It is the only registered sale of the unit.

What is the rent for unit 1216?

AED 130,000 a year on the contract signed on 3 September 2023.

How big is unit 1216?

2,317 sqft (215.3 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2021.

What is unit 1216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1216, Azizi Shaista Residence

Starts from the last sale price (AED 1.74M, 24 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,743,760
Deposit, UAE resident (20%)
AED 348,752
Deposit, non-resident (40%)
AED 697,504
Monthly over 25 years at 3.7%
AED 7,134

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