2-bed · 1,328 sqftAzizi Tulip, Al Furjan · 5th floor · completed 2017

507, Azizi Tulip

Sold prices and rental history: sold twice, last in May 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 14 July 2022
Last soldAED 1.1M17 May 2018
Current rentAED 74K /yr14 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Azizi Tulip

What is 507 worth today?

Last sold for AED 1,100,000 in 2018

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14 Jul 2022RentedRenewal
AED 73,500/yr12 months · AED 56 per sqft
14 Jul 2021RentedRenewal
AED 70,000/yr12 months · AED 53 per sqft
14 Jul 2020RentedRenewal
AED 75,000/yr12 months · AED 57 per sqft
14 Jul 2019RentedNew contract
AED 80,000/yr12 months · AED 60 per sqft
14 Jun 2018RentedNew contract
AED 85,000/yr12 months · AED 64 per sqft
17 May 2018SoldReady
AED 1,100,000AED 828 per sqft
29 Sep 2016Sold by developerOff-plan
AED 1,216,838AED 916 per sqft

Source: Dubai Land Department. Updated 14 July 2022.

Key facts

Type
2-bed apartment
Size
1,328 sqft
Floor
5th of 11
Parking
G-43
Developer
Azizi Developments
Completed
2017
Service charge
AED 16,000 /yr
Last sold
AED 1.1M · May 2018
Building
Azizi Tulip

About 507, Azizi Tulip

507 is a two-bedroom apartment of 1,328 sqft on the 5th floor of Azizi Tulip, a 11-storey tower in Al Furjan completed in 2017 by Azizi Developments. It last sold on 17 May 2018 for AED 1,100,000, or AED 828 per sqft, 13% below the AED 952 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 14 July 2022, is AED 73,500 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 16,000 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, September 2016: AED 1,216,838 (AED 916 per sqft)Sold, May 2018: AED 1,100,000 (AED 828 per sqft)

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

Rents
Unit 507, each contractTypical two-bed in Azizi Tulip
60K80K2017202020232026Typical 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 85,000 a yearNew contract, July 2019: AED 80,000 a yearRenewal, July 2020: AED 75,000 a yearRenewal, July 2021: AED 70,000 a yearRenewal, July 2022: AED 73,500 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 507 sits

All 58 2-beds →

507 last sold in May 2018 at AED 828 per sqft, 13% below what two-beds in Azizi Tulip were fetching at the time (AED 952). 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. 507's AED 73,500 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 5th floor

All 97 units in Azizi Tulip
Value
5012-bedAED 1.33M · Jun 2016
5022-bedAED 1.37M · Dec 2016
5031-bedAED 950K · Aug 2025
5041-bedAED 730K · Oct 2023
5052-bedAED 1.19M · Oct 2016
5062-bedAED 1.19M · Apr 2017
5083-bedAED 1.25M · Jan 2019
1–7 of 9

507, Azizi Tulip in numbers

  • Sold twice: first on 29 September 2016 for AED 1,216,838, last on 17 May 2018 for AED 1,100,000 (AED 828 per sqft).
  • Rented since June 2018 on 5 Ejari contracts, from AED 85,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2018 price is 6.7%, before a service charge of about AED 16,000 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 14 July 2022.

Questions about 507, Azizi Tulip

What did unit 507 last sell for?

AED 1,100,000 on 17 May 2018: AED 828 per sqft for 1,328 sqft. The unit has 2 registered sales; the first was AED 1,216,838 in September 2016.

What is the rent for unit 507?

AED 73,500 a year on the contract renewed on 14 July 2022. The previous contract, from July 2021, was AED 70,000; the unit has been rented since June 2018.

How big is unit 507?

1,328 sqft (123.4 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2017.

What is unit 507 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 507, Azizi Tulip

Starts from the last sale price (AED 1.1M, 17 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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