2-bed · 1,657 sqftAzizi Mina, Palm Jumeirah · 3rd floor · completed 2021

305, Azizi Mina

Sold prices and rental history: sold twice, last in June 2022, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 22 June 2022
Last soldAED 3.36M22 June 2022
Current rentAED 155K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Azizi Mina

What is 305 worth today?

Last sold for AED 3,360,000 in 2022

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22 Jun 2022SoldReady
AED 3,360,000AED 2,028 per sqft
1 Oct 2021RentedNew contract
AED 155,000/yr12 months · AED 94 per sqft
9 Jul 2020Sold by developerOff-plan
AED 3,269,760AED 1,973 per sqft

Source: Dubai Land Department. Updated 22 June 2022.

Key facts

Type
2-bed hotel apartment
Size
1,657 sqft
Floor
3rd of 9
Parking
B-56, B-57
Developer
Azizi Developments
Completed
2021
Last sold
AED 3.36M · June 2022
Building
Azizi Mina

About 305, Azizi Mina

305 is a two-bedroom hotel apartment of 1,657 sqft on the 3rd floor of Azizi Mina, a 9-storey tower in Palm Jumeirah completed in 2021 by Azizi Developments. It last sold on 22 June 2022 for AED 3,360,000, or AED 2,028 per sqft, in line with the AED 2,064 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2021. The current contract, signed on 1 October 2021, is AED 155,000 a year: a gross yield of 4.6% on the 2022 price.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Azizi Mina
2M4M2017202020232026Typical sale price by year: 2017 AED 3,623,125; 2020 AED 884,800; 2021 AED 3,539,400; 2022 AED 3,426,625; 2023 AED 3,281,010; 2024 AED 4,100,000; 2025 AED 3,381,000Sold by developer, July 2020: AED 3,269,760 (AED 1,973 per sqft)Sold, June 2022: AED 3,360,000 (AED 2,028 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in Azizi Mina
150K175K200K2021202320252027Typical rent by year: 2021 AED 155,000; 2022 AED 180,000; 2023 AED 188,000; 2024 AED 200,000; 2025 AED 200,000; 2026 AED 195,000New contract, October 2021: AED 155,000 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 Mina, and where 305 sits

All 52 2-beds →

305 last sold in June 2022 at AED 2,028 per sqft, in line with what two-beds in Azizi Mina were fetching at the time (AED 2,064). Over the last 12 months two-beds sold for AED 3,500,000, around AED 2,080 per sqft, and rent for AED 160,000 to 260,000 a year. 305's AED 155,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Nov 20253,500,000
13 Oct 20253,040,000
9 May 20254,300,000
20 Apr 20253,100,000
1 2-bed sale in the last 12 months

Azizi Mina

Building

175 apartments, 1-bed to 3-bed over 9 floors in Palm Jumeirah, completed in 2021 by Azizi Developments. 17 sold in the last 12 months.

Typical price per sqft
AED 2,076 Down 5.6%
Typical sale
AED 2.13M
Typical rent
AED 120K /yr
Typical yield
5.7%
Azizi Mina, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 175 units in Azizi Mina
Value
3011-bedAED 2.39M · Apr 2018
3021-bedAED 2.49M · Oct 2017
3031-bedAED 2.47M · Apr 2018
3042-bedAED 3.54M · Sep 2022
3061-bedAED 2.3M · Nov 2017
3071-bedAED 2.16M · Jun 2021
3081-bedNo registered sale
1–7 of 20

305, Azizi Mina in numbers

  • Sold twice: first on 9 July 2020 for AED 3,269,760, last on 22 June 2022 for AED 3,360,000 (AED 2,028 per sqft).
  • Rented since October 2021 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2022 price is 4.6%.
  • Two-beds in Azizi Mina sold for AED 3,500,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,076 per sqft.

Source: Dubai Land Department. Updated 22 June 2022.

Questions about 305, Azizi Mina

What did unit 305 last sell for?

AED 3,360,000 on 22 June 2022: AED 2,028 per sqft for 1,657 sqft. The unit has 2 registered sales; the first was AED 3,269,760 in July 2020.

What is the rent for unit 305?

AED 155,000 a year on the contract signed on 1 October 2021.

How big is unit 305?

1,657 sqft (153.9 sqm): a two-bedroom hotel apartment on the 3rd floor of a 9-storey tower completed in 2021.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azizi Mina sold for AED 3,500,000 to 3,500,000 in the last 12 months, around AED 2,080 per sqft.

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Mortgage on 305, Azizi Mina

Starts from the last sale price (AED 3.36M, 22 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,360,000
Deposit, UAE resident (20%)
AED 672,000
Deposit, non-resident (40%)
AED 1,344,000
Monthly over 25 years at 3.7%
AED 13,747

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