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Studio · 384 sqftAzizi Shaista Residence, Al Furjan · 7th floor · completed 2021

723, Azizi Shaista Residence

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

Unit 723 · DLD and Ejari recordsUpdated 3 January 2026
Last soldAED 516K2 April 2017
Current rentAED 55K /yr3 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 723, Azizi Shaista Residence

What is 723 worth today?

Last sold for AED 516,089 in 2017

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3 Jan 2026RentedNew contract
AED 55,000/yr12 months · AED 142 per sqft
11 Dec 2023RentedNew contract
AED 45,000/yr12 months · AED 117 per sqft
2 Dec 2022RentedRenewal
AED 31,500/yr12 months · AED 82 per sqft
2 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 78 per sqft
2 Apr 2017Sold by developerOff-plan
AED 516,089AED 1,343 per sqft

Source: Dubai Land Department. Updated 3 January 2026.

Key facts

Type
Studio apartment
Size
384 sqft
Floor
7th of 12
Parking
P2-67
Developer
Azizi Developments
Completed
2021
Last sold
AED 516K · April 2017
Building
Azizi Shaista Residence

About 723, Azizi Shaista Residence

723 is a studio of 384 sqft on the 7th floor of Azizi Shaista Residence, a 12-storey tower in Al Furjan completed in 2021 by Azizi Developments. The developer sold it on 2 April 2017 for AED 516,089, or AED 1,343 per sqft, 5% above the AED 1,281 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 3 January 2026, is AED 55,000 a year: a gross yield of 10.7% on the 2017 price.

Sales and rents for 723 over time

Sales
Unit 723, 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, April 2017: AED 516,089 (AED 1,343 per sqft)

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

Rents
Unit 723, each contractTypical studio in Azizi Shaista Residence
40K2021202320252027Typical 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, December 2021: AED 30,000 a yearRenewal, December 2022: AED 31,500 a yearNew contract, December 2023: AED 45,000 a yearNew contract, January 2026: AED 55,000 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 723 sits

All 136 studios →

723 last sold in April 2017 at AED 1,343 per sqft, 5% above what studios in Azizi Shaista Residence were fetching at the time (AED 1,281). 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. 723's AED 55,000 is in the upper 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 7th floor

All 282 units in Azizi Shaista Residence
Value
7011-bedAED 815K · Sep 2024
7021-bedAED 791K · Mar 2023
703StudioAED 355K · Mar 2022
704StudioAED 550K · Oct 2017
7051-bedAED 804K · Dec 2022
706StudioAED 504K · Apr 2017
707StudioAED 529K · Jan 2017
1–7 of 23

723, Azizi Shaista Residence in numbers

  • Sold once: by Azizi Developments on 2 April 2017 for AED 516,089, or AED 1,343 per sqft.
  • Rented since December 2021 on 4 Ejari contracts, from AED 30,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 10.7%.
  • 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 3 January 2026.

Questions about 723, Azizi Shaista Residence

What did unit 723 last sell for?

AED 516,089 on 2 April 2017, sold by the developer: AED 1,343 per sqft for 384 sqft. It is the only registered sale of the unit.

What is the rent for unit 723?

AED 55,000 a year on the contract signed on 3 January 2026. The previous contract, from December 2023, was AED 45,000; the unit has been rented since December 2021.

How big is unit 723?

384 sqft (35.7 sqm): a studio on the 7th floor of a 12-storey tower completed in 2021.

What is unit 723 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 723, Azizi Shaista Residence

Starts from the last sale price (AED 516K, 2 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 516,089
Deposit, UAE resident (20%)
AED 103,218
Deposit, non-resident (40%)
AED 206,436
Monthly over 25 years at 3.7%
AED 2,111

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