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Studio · 355 sqftAzizi Mirage 1 - Tower 2, Dubai Studio City · 1st floor · completed 2022

124, Azizi Mirage 1 - Tower 2

Sold prices and rental history: sold once, by the developer in May 2024, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 17 March 2026
Last soldAED 477K14 May 2024
Current rentAED 46K /yr17 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 124, Azizi Mirage 1 - Tower 2

What is 124 worth today?

Last sold for AED 476,580 in 2024

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17 Mar 2026RentedNew contract
AED 46,000/yr12 months · AED 130 per sqft
14 May 2024Sold by developerOff-plan
AED 476,580AED 1,341 per sqft

Source: Dubai Land Department. Updated 17 March 2026.

Key facts

Type
Studio apartment
Size
355 sqft
Floor
1st of 8
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 477K · May 2024
Building
Azizi Mirage 1 - Tower 2

About 124, Azizi Mirage 1 - Tower 2

124 is a studio of 355 sqft on the 1st floor of Azizi Mirage 1 - Tower 2, a 8-storey tower in Dubai Studio City completed in 2022 by Azizi Developments. The developer sold it on 14 May 2024 for AED 476,580, or AED 1,341 per sqft, in line with the AED 1,381 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 March 2026. The current contract, signed on 17 March 2026, is AED 46,000 a year: a gross yield of 9.7% on the 2024 price.

Sales and rents for 124 over time

Sales
Unit 124, each saleTypical studio in Azizi Mirage 1 - Tower 2
480K500K20232024202520262027Typical sale price by year: 2023 AED 496,400; 2024 AED 494,000; 2025 AED 497,600; 2026 AED 498,700Sold by developer, May 2024: AED 476,580 (AED 1,341 per sqft)

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

Rents
Unit 124, each contractTypical studio in Azizi Mirage 1 - Tower 2
46K48K50K202520262027Typical rent by year: 2025 AED 50,000; 2026 AED 48,000New contract, March 2026: AED 46,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Azizi Mirage 1 - Tower 2, and where 124 sits

All 203 studios →

124 last sold in May 2024 at AED 1,341 per sqft, in line with what studios in Azizi Mirage 1 - Tower 2 were fetching at the time (AED 1,381). Over the last 12 months studios sold for AED 449,600 to 629,000, around AED 1,404 per sqft, and rent for AED 37,797 to 69,500 a year. 124's AED 46,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jul 2026541,800
6 Jul 2026492,800
2 Jul 2026508,400
23 Jun 2026498,400
67 studio sales in the last 12 months

Azizi Mirage 1 - Tower 2

Building

318 apartments, studios to 2-bed over 8 floors in Dubai Studio City, completed in 2022 by Azizi Developments. 101 sold in the last 12 months.

Typical price per sqft
AED 1,390 Up 1.9%
Typical sale
AED 511K
Typical rent
AED 50K /yr
Typical yield
9.1%
Azizi Mirage 1 - Tower 2, Dubai Studio City: prices, sales and rents →

Other units on the 1st floor

All 318 units in Azizi Mirage 1 - Tower 2
Value
1011-bedAED 727K · Oct 2025
102StudioAED 492K · Aug 2024
1031-bedAED 762K · Sep 2024
1041-bedAED 860K · Feb 2026
105StudioAED 495K · Jan 2025
106StudioAED 519K · Oct 2025
1071-bedAED 858K · Jul 2025
1–7 of 37

124, Azizi Mirage 1 - Tower 2 in numbers

  • Sold once: by Azizi Developments on 14 May 2024 for AED 476,580, or AED 1,341 per sqft.
  • Rented since March 2026 on one Ejari contract, at AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2024 price is 9.7%.
  • Studios in Azizi Mirage 1 - Tower 2 sold for AED 449,600–629,000 in the 12 months to November 2026; the building's median across all types is AED 1,390 per sqft.

Source: Dubai Land Department. Updated 17 March 2026.

Questions about 124, Azizi Mirage 1 - Tower 2

What did unit 124 last sell for?

AED 476,580 on 14 May 2024, sold by the developer: AED 1,341 per sqft for 355 sqft. It is the only registered sale of the unit.

What is the rent for unit 124?

AED 46,000 a year on the contract signed on 17 March 2026.

How big is unit 124?

355 sqft (33.0 sqm): a studio on the 1st floor of a 8-storey tower completed in 2022.

What is unit 124 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Mirage 1 - Tower 2 sold for AED 449,600 to 629,000 in the last 12 months, around AED 1,404 per sqft.

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Mortgage on 124, Azizi Mirage 1 - Tower 2

Starts from the last sale price (AED 477K, 14 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 476,580
Deposit, UAE resident (20%)
AED 95,316
Deposit, non-resident (40%)
AED 190,632
Monthly over 25 years at 3.7%
AED 1,950

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