2-bed · 1,216 sqftAzizi Tulip, Al Furjan · 4th floor · completed 2017

405, Azizi Tulip

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 2 July 2024
Last soldAED 1.19M16 February 2017
Current rentAED 58K /yr2 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Azizi Tulip

What is 405 worth today?

Last sold for AED 1,186,214 in 2017

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2 Jul 2024RentedRenewal
AED 58,162/yr12 months · AED 48 per sqft
1 Jul 2023RentedRenewal
AED 57,845/yr12 months · AED 48 per sqft
1 Jul 2022RentedRenewal
AED 53,000/yr12 months · AED 44 per sqft
1 Jul 2021RentedNew contract
AED 53,000/yr12 months · AED 44 per sqft
24 Jun 2019RentedRenewal
AED 69,806/yr12 months · AED 57 per sqft
24 Jun 2018RentedNew contract
AED 83,000/yr12 months · AED 68 per sqft
16 Feb 2017Sold by developerOff-plan
AED 1,186,214AED 975 per sqft

Source: Dubai Land Department. Updated 2 July 2024.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Floor
4th of 11
Parking
G-27
Developer
Azizi Developments
Completed
2017
Service charge
AED 14,700 /yr
Last sold
AED 1.19M · February 2017
Building
Azizi Tulip

About 405, Azizi Tulip

405 is a two-bedroom apartment of 1,216 sqft on the 4th floor of Azizi Tulip, a 11-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 16 February 2017 for AED 1,186,214, or AED 975 per sqft, in line with the AED 955 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 2 July 2024, is AED 58,162 a year: a gross yield of 4.9% on the 2017 price, before the service charge of about AED 14,700 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Azizi Tulip
1.2M1.4M2016201920222025Typical sale price by year: 2016 AED 1,227,053; 2017 AED 1,315,500; 2018 AED 1,299,841; 2023 AED 1,230,000; 2024 AED 1,137,500; 2025 AED 1,450,000Sold by developer, February 2017: AED 1,186,214 (AED 975 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Azizi Tulip
60K80K100K2017202020232026Typical rent by year: 2017 AED 90,000; 2018 AED 80,500; 2019 AED 76,750; 2020 AED 68,000; 2021 AED 65,000; 2022 AED 70,000; 2023 AED 80,000; 2024 AED 87,500; 2025 AED 94,000; 2026 AED 93,000New contract, June 2018: AED 83,000 a yearRenewal, June 2019: AED 69,806 a yearNew contract, July 2021: AED 53,000 a yearRenewal, July 2022: AED 53,000 a yearRenewal, July 2023: AED 57,845 a yearRenewal, July 2024: AED 58,162 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 Tulip, and where 405 sits

All 58 2-beds →

405 last sold in February 2017 at AED 975 per sqft, in line with what two-beds in Azizi Tulip were fetching at the time (AED 955). Over the last 12 months two-beds sold for AED 1,400,000, around AED 1,102 per sqft, and rent for AED 50,000 to 142,000 a year. 405's AED 58,162 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Aug 20261,400,000
27 Nov 20251,400,000
15 Sep 20251,150,000
27 Aug 20251,500,000
2 2-bed sales in the last 12 months

Azizi Tulip

Building

97 apartments, 1-bed to 3-bed over 11 floors in Al Furjan, completed in 2017 by Azizi Developments. 3 sold in the last 12 months.

Typical price per sqft
AED 1,150
Typical sale
AED 1.4M
Typical rent
AED 82K /yr
Typical yield
6.9%
Azizi Tulip, Al Furjan: prices, sales and rents →

Other units on the 4th floor

All 97 units in Azizi Tulip
Value
4012-bedAED 1.34M · Oct 2017
4022-bedAED 1.36M · May 2016
4031-bedAED 877K · Sep 2016
4041-bedAED 860K · Nov 2017
4062-bedAED 1.08M · Feb 2024
4072-bedAED 1.28M · Sep 2018
4083-bedAED 1.25M · Apr 2019
1–7 of 9

405, Azizi Tulip in numbers

  • Sold once: by Azizi Developments on 16 February 2017 for AED 1,186,214, or AED 975 per sqft.
  • Rented since June 2018 on 6 Ejari contracts, from AED 83,000 to AED 58,162 a year.
  • At AED 58,162 a year the gross yield on the 2017 price is 4.9%, before a service charge of about AED 14,700 a year (AED 12.05 per sqft).
  • Two-beds in Azizi Tulip sold for AED 1,400,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,150 per sqft.

Source: Dubai Land Department. Updated 2 July 2024.

Questions about 405, Azizi Tulip

What did unit 405 last sell for?

AED 1,186,214 on 16 February 2017, sold by the developer: AED 975 per sqft for 1,216 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 58,162 a year on the contract renewed on 2 July 2024. The previous contract, from July 2023, was AED 57,845; the unit has been rented since June 2018.

How big is unit 405?

1,216 sqft (113.0 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2017.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azizi Tulip sold for AED 1,400,000 to 1,400,000 in the last 12 months, around AED 1,102 per sqft.

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Mortgage on 405, Azizi Tulip

Starts from the last sale price (AED 1.19M, 16 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,186,214
Deposit, UAE resident (20%)
AED 237,243
Deposit, non-resident (40%)
AED 474,486
Monthly over 25 years at 3.7%
AED 4,853

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