Studio · 402 sqftAzizi Shaista Residence, Al Furjan · 5th floor · completed 2021

516, Azizi Shaista Residence

Sold prices and rental history: sold twice, last in October 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 30 November 2025
Last soldAED 400K24 October 2024
Current rentAED 36K /yr30 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Azizi Shaista Residence

What is 516 worth today?

Last sold for AED 400,000 in 2024

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30 Nov 2025RentedRenewal
AED 35,500/yr12 months · AED 88 per sqft
30 Nov 2024RentedNew contract
AED 33,627/yr12 months · AED 84 per sqft
24 Oct 2024SoldReady
AED 400,000AED 995 per sqft
30 Oct 2021RentedNew contract
AED 28,000/yr12 months · AED 70 per sqft
19 Nov 2017Sold by developerOff-plan
AED 547,000AED 1,361 per sqft

Source: Dubai Land Department. Updated 30 November 2025.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
5th of 12
Parking
P2-17
Developer
Azizi Developments
Completed
2021
Last sold
AED 400K · October 2024

About 516, Azizi Shaista Residence

516 is a studio of 402 sqft on the 5th floor of Azizi Shaista Residence, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. It last sold on 24 October 2024 for AED 400,000, or AED 995 per sqft, 15% below the AED 1,164 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 30 November 2025, is AED 35,500 a year: a gross yield of 8.9% on the 2024 price.

Sales and rents for 516 over time

Sales
Unit 516, 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, November 2017: AED 547,000 (AED 1,361 per sqft)Sold, October 2024: AED 400,000 (AED 995 per sqft)

516 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 516, each contractTypical studio in Azizi Shaista Residence
30K40K2021202320252027Typical 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 28,000 a yearNew contract, November 2024: AED 33,627 a yearRenewal, November 2025: AED 35,500 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 516 sits

All 136 studios →

516 last sold in October 2024 at AED 995 per sqft, 15% below what studios in Azizi Shaista Residence were fetching at the time (AED 1,164). 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. 516's AED 35,500 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 5th floor

All 282 units in Azizi Shaista Residence
Value
5011-bedAED 816K · Oct 2022
5021-bedAED 648K · Mar 2022
503StudioAED 399K · May 2023
504StudioAED 561K · Apr 2018
5051-bedAED 734K · May 2022
506StudioAED 530K · Jun 2025
507StudioAED 385K · Feb 2024
1–7 of 23

516, Azizi Shaista Residence in numbers

  • Sold twice: first on 19 November 2017 for AED 547,000, last on 24 October 2024 for AED 400,000 (AED 995 per sqft).
  • Rented since October 2021 on 3 Ejari contracts, from AED 28,000 to AED 35,500 a year.
  • At AED 35,500 a year the gross yield on the 2024 price is 8.9%.
  • 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 30 November 2025.

Questions about 516, Azizi Shaista Residence

What did unit 516 last sell for?

AED 400,000 on 24 October 2024: AED 995 per sqft for 402 sqft. The unit has 2 registered sales; the first was AED 547,000 in November 2017.

What is the rent for unit 516?

AED 35,500 a year on the contract renewed on 30 November 2025. The previous contract, from November 2024, was AED 33,627; the unit has been rented since October 2021.

How big is unit 516?

402 sqft (37.3 sqm): a studio on the 5th floor of a 12-storey tower completed in 2021.

What is unit 516 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 516, Azizi Shaista Residence

Starts from the last sale price (AED 400K, 24 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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