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Studio · 384 sqftAzizi Shaista Residence, Al Furjan · 4th floor · completed 2021

423, Azizi Shaista Residence

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 486K10 January 2017
Current rentAED 45K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, Azizi Shaista Residence

What is 423 worth today?

Last sold for AED 486,438 in 2017

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1 Mar 2026RentedRenewal
AED 45,000/yr12 months · AED 116 per sqft
1 Mar 2025RentedNew contract
AED 48,000/yr12 months · AED 124 per sqft
31 Jan 2024RentedNew contract
AED 42,000/yr12 months · AED 108 per sqft
31 Jan 2023RentedNew contract
AED 37,000/yr12 months · AED 95 per sqft
20 Oct 2021RentedNew contract
AED 28,500/yr12 months · AED 74 per sqft
10 Jan 2017Sold by developerOff-plan
AED 486,438AED 1,266 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
Studio apartment
Size
384 sqft
Floor
4th of 12
Parking
P2-07
Developer
Azizi Developments
Completed
2021
Last sold
AED 486K · January 2017
Building
Azizi Shaista Residence

About 423, Azizi Shaista Residence

423 is a studio of 384 sqft on the 4th floor of Azizi Shaista Residence, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. The developer sold it on 10 January 2017 for AED 486,438, or AED 1,266 per sqft, in line with the AED 1,274 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 45,000 a year: a gross yield of 9.3% on the 2017 price.

Sales and rents for 423 over time

Sales
Unit 423, each saleTypical studio in Azizi Shaista Residence
400K500K2016201920222025Typical sale price by year: 2016 AED 530,000; 2017 AED 510,001; 2018 AED 532,601; 2021 AED 526,157; 2022 AED 388,600; 2023 AED 403,900; 2024 AED 485,000; 2025 AED 545,500; 2026 AED 555,000Sold by developer, January 2017: AED 486,438 (AED 1,266 per sqft)

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

Rents
Unit 423, each contractTypical studio in Azizi Shaista Residence
30K40K50K2021202320252027Typical rent by year: 2021 AED 29,500; 2022 AED 31,750; 2023 AED 37,000; 2024 AED 42,000; 2025 AED 46,154; 2026 AED 45,000New contract, October 2021: AED 28,500 a yearNew contract, January 2023: AED 37,000 a yearNew contract, January 2024: AED 42,000 a yearNew contract, March 2025: AED 48,000 a yearRenewal, March 2026: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Azizi Shaista Residence, and where 423 sits

All 136 studios →

423 last sold in January 2017 at AED 1,266 per sqft, in line with what studios in Azizi Shaista Residence were fetching at the time (AED 1,274). Over the last 12 months studios sold for AED 485,000 to 600,000, around AED 1,455 per sqft, and rent for AED 30,000 to 72,000 a year. 423's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026550,000
17 Aug 2026485,000
12 Jun 2026600,000
16 Apr 2026560,000
11 studio 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 4th floor

All 282 units in Azizi Shaista Residence
Value
4011-bedAED 764K · Mar 2021
4021-bedAED 685K · Mar 2021
403StudioAED 505K · Feb 2017
404StudioAED 570K · Feb 2025
4051-bedAED 1.11M · Aug 2017
406StudioAED 489K · Apr 2017
407StudioAED 488K · Apr 2017
1–7 of 24

423, Azizi Shaista Residence in numbers

  • Sold once: by Azizi Developments on 10 January 2017 for AED 486,438, or AED 1,266 per sqft.
  • Rented since October 2021 on 5 Ejari contracts, from AED 28,500 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2017 price is 9.3%.
  • Studios in Azizi Shaista Residence sold for AED 485,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 1,394 per sqft.

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 423, Azizi Shaista Residence

What did unit 423 last sell for?

AED 486,438 on 10 January 2017, sold by the developer: AED 1,266 per sqft for 384 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 45,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 48,000; the unit has been rented since October 2021.

How big is unit 423?

384 sqft (35.7 sqm): a studio on the 4th floor of a 12-storey tower completed in 2021.

What is unit 423 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Shaista Residence sold for AED 485,000 to 600,000 in the last 12 months, around AED 1,455 per sqft.

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Mortgage on 423, Azizi Shaista Residence

Starts from the last sale price (AED 486K, 10 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 486,438
Deposit, UAE resident (20%)
AED 97,288
Deposit, non-resident (40%)
AED 194,575
Monthly over 25 years at 3.7%
AED 1,990

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