2-bed · 1,312 sqftAzizi Yasamine Residence, Al Furjan · 5th floor · completed 2016

501, Azizi Yasamine Residence

Sold prices and rental history: sold twice, last in February 2021, and rented once, from February 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 22 February 2021
Last soldAED 875K22 February 2021
Current rentAED 100K /yr3 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Azizi Yasamine Residence

What is 501 worth today?

Last sold for AED 875,000 in 2021

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22 Feb 2021SoldReady
AED 875,000AED 666 per sqft
3 Feb 2017RentedNew contract
AED 100,000/yr12 months · AED 76 per sqft
20 Aug 2014Sold by developerOff-plan
AED 1,235,320AED 941 per sqft

Source: Dubai Land Department. Updated 22 February 2021.

Key facts

Type
2-bed apartment
Size
1,312 sqft
Floor
5th of 11
Parking
G-43
Developer
Azizi Developments
Completed
2016
Service charge
AED 20,000 /yr
Last sold
AED 875K · February 2021

About 501, Azizi Yasamine Residence

501 is a two-bedroom apartment of 1,312 sqft on the 5th floor of Azizi Yasamine Residence, a 11-storey tower in Al Furjan completed in 2016 by Azizi Developments. It last sold on 22 February 2021 for AED 875,000, or AED 666 per sqft, 11% above the AED 600 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 February 2017. The current contract, signed on 3 February 2017, is AED 100,000 a year: a gross yield of 11.4% on the 2021 price, before the service charge of about AED 20,000 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Azizi Yasamine Residence
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,268,080; 2015 AED 1,300,000; 2016 AED 1,375,164; 2017 AED 1,311,310; 2021 AED 862,500; 2022 AED 1,061,256; 2023 AED 1,145,000; 2024 AED 1,330,000; 2026 AED 1,510,000Sold by developer, August 2014: AED 1,235,320 (AED 941 per sqft)Sold, February 2021: AED 875,000 (AED 666 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Azizi Yasamine Residence
60K80K100K2016201920222025Typical rent by year: 2016 AED 105,000; 2017 AED 95,000; 2018 AED 86,750; 2019 AED 78,000; 2020 AED 72,000; 2021 AED 65,000; 2022 AED 70,000; 2023 AED 75,000; 2024 AED 85,813; 2025 AED 95,000; 2026 AED 100,000New contract, February 2017: AED 100,000 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 Yasamine Residence, and where 501 sits

All 60 2-beds →

501 last sold in February 2021 at AED 666 per sqft, 11% above what two-beds in Azizi Yasamine Residence were fetching at the time (AED 600). Over the last 12 months two-beds sold for AED 1,410,000 to 1,675,000, around AED 1,034 per sqft, and rent for AED 78,000 to 120,000 a year. 501's AED 100,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Jul 20261,510,000
8 Jun 20261,410,000
3 Mar 20261,675,000
25 Feb 20251,450,000
3 2-bed sales in the last 12 months

Azizi Yasamine Residence

Building

109 apartments, 1-bed to 3-bed over 11 floors in Al Furjan, completed in 2016 by Azizi Developments. 6 sold in the last 12 months.

Typical price per sqft
AED 1,054
Typical sale
AED 1.46M
Typical rent
AED 82K /yr
Typical yield
7.2%
Azizi Yasamine Residence, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 109 units in Azizi Yasamine Residence
Value
5022-bedAED 1.34M · Jun 2016
5032-bedAED 1.3M · Dec 2016
5042-bedAED 1.4M · Nov 2016
5051-bedAED 800K · May 2023
5062-bedAED 1.32M · Jun 2016
5073-bedAED 1.25M · Jul 2019
5082-bedAED 810K · Oct 2020
1–7 of 10

501, Azizi Yasamine Residence in numbers

  • Sold twice: first on 20 August 2014 for AED 1,235,320, last on 22 February 2021 for AED 875,000 (AED 666 per sqft).
  • Rented since February 2017 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 11.4%, before a service charge of about AED 20,000 a year (AED 15.21 per sqft).
  • Two-beds in Azizi Yasamine Residence sold for AED 1,410,000–1,675,000 in the 12 months to November 2026; the building's median across all types is AED 1,054 per sqft.

Source: Dubai Land Department. Updated 22 February 2021.

Questions about 501, Azizi Yasamine Residence

What did unit 501 last sell for?

AED 875,000 on 22 February 2021: AED 666 per sqft for 1,312 sqft. The unit has 2 registered sales; the first was AED 1,235,320 in August 2014.

What is the rent for unit 501?

AED 100,000 a year on the contract signed on 3 February 2017.

How big is unit 501?

1,312 sqft (121.9 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azizi Yasamine Residence sold for AED 1,410,000 to 1,675,000 in the last 12 months, around AED 1,034 per sqft.

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Mortgage on 501, Azizi Yasamine Residence

Starts from the last sale price (AED 875K, 22 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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