1-bed · 571 sqftAzizi Mirage 1, Dubai Studio City · 5th floor · completed 2022

538, Azizi Mirage 1

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

Unit 538 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 697K25 December 2024
Current rentAED 55K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 538, Azizi Mirage 1

What is 538 worth today?

Last sold for AED 696,800 in 2024

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15 Jul 2026RentedNew contract
AED 55,000/yr12 months · AED 98 per sqft
7 Jan 2026RentedNew contract
AED 37,079/yr18 months · AED 65 per sqft
25 Dec 2024Sold by developerOff-plan
AED 696,800AED 1,221 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
1-bed apartment
Size
571 sqft
Floor
5th of 9
Parking
1
Developer
Azizi Developments
Completed
2022
Last sold
AED 697K · December 2024

About 538, Azizi Mirage 1

538 is a one-bedroom apartment of 571 sqft on the 5th floor of Azizi Mirage 1, a 9-storey tower in Dubai Studio City completed in 2022 by Azizi Developments. The developer sold it on 25 December 2024 for AED 696,800, or AED 1,221 per sqft, in line with the AED 1,257 one-beds in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 15 July 2026, is AED 55,000 a year: a gross yield of 7.9% on the 2024 price.

Sales and rents for 538 over time

Sales
Unit 538, each saleTypical one-bed in Azizi Mirage 1
700K750K800K20232024202520262027Typical sale price by year: 2023 AED 722,400; 2024 AED 784,993; 2025 AED 800,000; 2026 AED 801,570Sold by developer, December 2024: AED 696,800 (AED 1,221 per sqft)

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

1-beds in Azizi Mirage 1, and where 538 sits

All 121 1-beds →

538 last sold in December 2024 at AED 1,221 per sqft, in line with what one-beds in Azizi Mirage 1 were fetching at the time (AED 1,257). Over the last 12 months one-beds sold for AED 690,300 to 1,070,000, around AED 1,288 per sqft, and rent for AED 37,079 to 80,000 a year. 538's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jul 2026915,000
17 Jul 2026790,000
6 Jul 2026827,130
11 Jun 2026820,000
41 1-bed 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 5th floor

All 431 units in Azizi Mirage 1
Value
5011-bedAED 886K · Feb 2026
502StudioAED 528K · Nov 2025
503StudioAED 650K · Nov 2025
5042-bedAED 1.18M · Jan 2026
505StudioAED 701K · Jan 2023
506StudioAED 497K · Nov 2025
507StudioAED 479K · Nov 2025
1–7 of 51

538, Azizi Mirage 1 in numbers

  • Sold once: by Azizi Developments on 25 December 2024 for AED 696,800, or AED 1,221 per sqft.
  • Rented since January 2026 on 2 Ejari contracts, from AED 37,079 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 7.9%.
  • One-beds in Azizi Mirage 1 sold for AED 690,300–1,070,000 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 15 July 2026.

Questions about 538, Azizi Mirage 1

What did unit 538 last sell for?

AED 696,800 on 25 December 2024, sold by the developer: AED 1,221 per sqft for 571 sqft. It is the only registered sale of the unit.

What is the rent for unit 538?

AED 55,000 a year on the contract signed on 15 July 2026. The previous contract, from January 2026, was AED 37,079.

How big is unit 538?

571 sqft (53.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2022.

What is unit 538 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azizi Mirage 1 sold for AED 690,300 to 1,070,000 in the last 12 months, around AED 1,288 per sqft.

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Mortgage on 538, Azizi Mirage 1

Starts from the last sale price (AED 697K, 25 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 696,800
Deposit, UAE resident (20%)
AED 139,360
Deposit, non-resident (40%)
AED 278,720
Monthly over 25 years at 3.7%
AED 2,851

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