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Studio · 358 sqftAzizi Mirage 1, Dubai Studio City · 4th floor · completed 2022

406, Azizi Mirage 1

Sold prices and rental history: sold once, by the developer in October 2025, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 7 March 2026
Last soldAED 496K10 October 2025
Current rentAED 50K /yr7 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Azizi Mirage 1

What is 406 worth today?

Last sold for AED 496,000 in 2025

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7 Mar 2026RentedNew contract
AED 50,000/yr12 months · AED 141 per sqft
10 Oct 2025Sold by developerOff-plan
AED 496,000AED 1,385 per sqft

Source: Dubai Land Department. Updated 7 March 2026.

Key facts

Type
Studio apartment
Size
358 sqft
Floor
4th of 9
Parking
B2-40
Developer
Azizi Developments
Completed
2022
Last sold
AED 496K · October 2025
Building
Azizi Mirage 1

About 406, Azizi Mirage 1

406 is a studio of 358 sqft on the 4th floor of Azizi Mirage 1, a 9-storey tower in Dubai Studio City completed in 2022 by Azizi Developments. The developer sold it on 10 October 2025 for AED 496,000, or AED 1,385 per sqft, in line with the AED 1,406 studios in the building were fetching at the time.

One Ejari contract is registered, from 7 March 2026. The current contract, signed on 7 March 2026, is AED 50,000 a year: a gross yield of 10.1% on the 2025 price.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in Azizi Mirage 1
500K520K20232024202520262027Typical sale price by year: 2023 AED 488,000; 2024 AED 488,615; 2025 AED 495,000; 2026 AED 517,300Sold by developer, October 2025: AED 496,000 (AED 1,385 per sqft)

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

Studios in Azizi Mirage 1, and where 406 sits

All 293 studios →

406 last sold in October 2025 at AED 1,385 per sqft, in line with what studios in Azizi Mirage 1 were fetching at the time (AED 1,406). Over the last 12 months studios sold for AED 434,105 to 888,000, around AED 1,430 per sqft, and rent for AED 39,000 to 66,000 a year. 406's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Jul 2026498,150
17 Jul 2026500,000
16 Jul 2026459,820
15 Jul 2026495,200
98 studio sales in the last 12 months

Azizi Mirage 1

Building

431 apartments, studios to 2-bed over 9 floors in Dubai Studio City, completed in 2022 by Azizi Developments. 150 sold in the last 12 months.

Typical price per sqft
AED 1,420 Up 2.1%
Typical sale
AED 530K
Typical rent
AED 50K /yr
Typical yield
8.6%
Azizi Mirage 1, Dubai Studio City: prices, sales and rents →

Other units on the 4th floor

All 431 units in Azizi Mirage 1
Value
4011-bedAED 768K · May 2026
402StudioAED 526K · Nov 2024
403StudioAED 522K · Oct 2025
4042-bedAED 1.05M · Jan 2026
4051-bedAED 722K · Nov 2025
407StudioAED 480K · Oct 2025
408StudioAED 520K · Jun 2025
1–7 of 51

406, Azizi Mirage 1 in numbers

  • Sold once: by Azizi Developments on 10 October 2025 for AED 496,000, or AED 1,385 per sqft.
  • Rented since March 2026 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 10.1%.
  • Studios in Azizi Mirage 1 sold for AED 434,105–888,000 in the 12 months to November 2026; the building's median across all types is AED 1,420 per sqft.

Source: Dubai Land Department. Updated 7 March 2026.

Questions about 406, Azizi Mirage 1

What did unit 406 last sell for?

AED 496,000 on 10 October 2025, sold by the developer: AED 1,385 per sqft for 358 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 50,000 a year on the contract signed on 7 March 2026.

How big is unit 406?

358 sqft (33.3 sqm): a studio on the 4th floor of a 9-storey tower completed in 2022.

What is unit 406 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 sold for AED 434,105 to 888,000 in the last 12 months, around AED 1,430 per sqft.

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Mortgage on 406, Azizi Mirage 1

Starts from the last sale price (AED 496K, 10 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 496,000
Deposit, UAE resident (20%)
AED 99,200
Deposit, non-resident (40%)
AED 198,400
Monthly over 25 years at 3.7%
AED 2,029

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