1-bed · 861 sqftAzizi Mina, Palm Jumeirah · 3rd floor · completed 2021

321, Azizi Mina

Sold prices and rental history: sold once, by the developer in October 2017, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 321 · DLD and Ejari recordsUpdated 19 December 2022
Last soldAED 1.91M25 October 2017
Current rentAED 125K /yr19 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 321, Azizi Mina

What is 321 worth today?

Last sold for AED 1,907,000 in 2017

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19 Dec 2022RentedNew contract
AED 125,000/yr12 months · AED 145 per sqft
25 Oct 2017Sold by developerOff-plan
AED 1,907,000AED 2,215 per sqft

Source: Dubai Land Department. Updated 19 December 2022.

Key facts

Type
1-bed hotel apartment
Size
861 sqft
Floor
3rd of 9
Parking
B-101
Developer
Azizi Developments
Completed
2021
Last sold
AED 1.91M · October 2017
Building
Azizi Mina

About 321, Azizi Mina

321 is a one-bedroom hotel apartment of 861 sqft on the 3rd floor of Azizi Mina, a 9-storey tower in Palm Jumeirah completed in 2021 by Azizi Developments. The developer sold it on 25 October 2017 for AED 1,907,000, or AED 2,215 per sqft, 8% below the AED 2,404 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 December 2022. The current contract, signed on 19 December 2022, is AED 125,000 a year: a gross yield of 6.6% on the 2017 price.

Sales and rents for 321 over time

Sales
Unit 321, each saleTypical one-bed in Azizi Mina
2M2.5M2017202020232026Typical sale price by year: 2017 AED 2,343,849; 2018 AED 2,431,441; 2019 AED 2,479,027; 2021 AED 2,120,085; 2022 AED 2,320,014; 2023 AED 2,556,960; 2024 AED 2,330,000; 2025 AED 2,150,000; 2026 AED 2,125,000Sold by developer, October 2017: AED 1,907,000 (AED 2,215 per sqft)

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

Rents
Unit 321, each contractTypical one-bed in Azizi Mina
120K140K2021202320252027Typical rent by year: 2021 AED 112,500; 2022 AED 125,000; 2023 AED 132,000; 2024 AED 143,000; 2025 AED 125,000; 2026 AED 115,000New contract, December 2022: AED 125,000 a year

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

1-beds in Azizi Mina, and where 321 sits

All 119 1-beds →

321 last sold in October 2017 at AED 2,215 per sqft, 8% below what one-beds in Azizi Mina were fetching at the time (AED 2,404). Over the last 12 months one-beds sold for AED 700,000 to 3,125,700, around AED 2,089 per sqft, and rent for AED 83,000 to 150,000 a year. 321's AED 125,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 20261,800,000
9 Oct 20261,950,000
4 Sep 20262,150,000
27 Jul 20262,200,000
14 1-bed sales 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
3052-bedAED 3.36M · Jun 2022
3061-bedAED 2.3M · Nov 2017
3071-bedAED 2.16M · Jun 2021
1–7 of 20

321, Azizi Mina in numbers

  • Sold once: by Azizi Developments on 25 October 2017 for AED 1,907,000, or AED 2,215 per sqft.
  • Rented since December 2022 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2017 price is 6.6%.
  • One-beds in Azizi Mina sold for AED 700,000–3,125,700 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 19 December 2022.

Questions about 321, Azizi Mina

What did unit 321 last sell for?

AED 1,907,000 on 25 October 2017, sold by the developer: AED 2,215 per sqft for 861 sqft. It is the only registered sale of the unit.

What is the rent for unit 321?

AED 125,000 a year on the contract signed on 19 December 2022.

How big is unit 321?

861 sqft (80.0 sqm): a one-bedroom hotel apartment on the 3rd floor of a 9-storey tower completed in 2021.

What is unit 321 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azizi Mina sold for AED 700,000 to 3,125,700 in the last 12 months, around AED 2,089 per sqft.

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Mortgage on 321, Azizi Mina

Starts from the last sale price (AED 1.91M, 25 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,907,000
Deposit, UAE resident (20%)
AED 381,400
Deposit, non-resident (40%)
AED 762,800
Monthly over 25 years at 3.7%
AED 7,802

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