Studio · 384 sqftAzizi Shaista Residence, Al Furjan · 5th floor · completed 2021

523, 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 523 · DLD and Ejari recordsUpdated 19 September 2026
Last soldAED 491K10 January 2017
Current rentAED 43K /yr19 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Azizi Shaista Residence

What is 523 worth today?

Last sold for AED 491,160 in 2017

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19 Sep 2026RentedNew contract
AED 43,000/yr12 months · AED 111 per sqft
1 Sep 2025RentedNew contract
AED 46,000/yr12 months · AED 120 per sqft
1 Sep 2025RentedNew contract
AED 46,000/yr12 months · AED 119 per sqft
27 Jul 2024RentedRenewal
AED 57,000/yr12 months · AED 148 per sqft
27 Jul 2024RentedNew contract
AED 38,000/yr12 months · AED 99 per sqft
27 Jul 2023RentedNew contract
AED 38,000/yr12 months · AED 99 per sqft
27 Oct 2022RentedRenewal
AED 30,000/yr12 months · AED 77 per sqft
27 Oct 2021RentedNew contract
AED 30,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 19 September 2026.

Key facts

Type
Studio apartment
Size
384 sqft
Floor
5th of 12
Parking
P2-41
Developer
Azizi Developments
Completed
2021
Last sold
AED 491K · January 2017

About 523, Azizi Shaista Residence

523 is a studio of 384 sqft on the 5th 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 491,160, or AED 1,278 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 8 Ejari contracts. The current contract, signed on 19 September 2026, is AED 43,000 a year: a gross yield of 8.8% on the 2017 price.

Sales and rents for 523 over time

Sales
Unit 523, 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 491,160 (AED 1,278 per sqft)

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

Rents
Unit 523, each contractTypical studio in Azizi Shaista Residence
40K60K2021202320252027Typical 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 30,000 a yearRenewal, October 2022: AED 30,000 a yearNew contract, July 2023: AED 38,000 a yearRenewal, July 2024: AED 57,000 a yearNew contract, July 2024: AED 38,000 a yearNew contract, September 2025: AED 46,000 a yearNew contract, September 2025: AED 46,000 a yearNew contract, September 2026: AED 43,000 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 523 sits

All 136 studios →

523 last sold in January 2017 at AED 1,278 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. 523's AED 43,000 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 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

523, Azizi Shaista Residence in numbers

  • Sold once: by Azizi Developments on 10 January 2017 for AED 491,160, or AED 1,278 per sqft.
  • Rented since October 2021 on 8 Ejari contracts, from AED 30,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2017 price is 8.8%.
  • 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 19 September 2026.

Questions about 523, Azizi Shaista Residence

What did unit 523 last sell for?

AED 491,160 on 10 January 2017, sold by the developer: AED 1,278 per sqft for 384 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 43,000 a year on the contract signed on 19 September 2026. The previous contract, from September 2025, was AED 46,000; the unit has been rented since October 2021.

How big is unit 523?

384 sqft (35.7 sqm): a studio on the 5th floor of a 12-storey tower completed in 2021.

What is unit 523 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 523, Azizi Shaista Residence

Starts from the last sale price (AED 491K, 10 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 491,160
Deposit, UAE resident (20%)
AED 98,232
Deposit, non-resident (40%)
AED 196,464
Monthly over 25 years at 3.7%
AED 2,009

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