1-bed · 858 sqftAzizi Mina, Palm Jumeirah · 4th floor · completed 2021

423, Azizi Mina

Sold prices and rental history: sold twice, last in October 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 30 October 2024
Last soldAED 2.15M29 October 2024
Current rentAED 180K /yr30 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Azizi Mina

What is 423 worth today?

Last sold for AED 2,150,000 in 2024

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30 Oct 2024RentedNew contract
AED 180,000/yr24 months · AED 209 per sqft
29 Oct 2024SoldReady
AED 2,150,000AED 2,507 per sqft
27 Sep 2023RentedRenewal
AED 125,000/yr12 months · AED 145 per sqft
27 Sep 2022RentedNew contract
AED 120,000/yr12 months · AED 139 per sqft
24 May 2017Sold by developerOff-plan
AED 2,038,000AED 2,376 per sqft

Source: Dubai Land Department. Updated 30 October 2024.

Key facts

Type
1-bed hotel apartment
Size
858 sqft
Floor
4th of 9
Parking
B-137
Developer
Azizi Developments
Completed
2021
Last sold
AED 2.15M · October 2024
Building
Azizi Mina

About 423, Azizi Mina

423 is a one-bedroom hotel apartment of 858 sqft on the 4th floor of Azizi Mina, a 9-storey tower in Palm Jumeirah completed in 2021 by Azizi Developments. It last sold on 29 October 2024 for AED 2,150,000, or AED 2,507 per sqft, 14% above the AED 2,192 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 30 October 2024, is AED 180,000 a year: a gross yield of 8.4% on the 2024 price.

Sales and rents for 423 over time

Sales
Unit 423, each saleTypical one-bed in Azizi Mina
2M2.25M2.5M2017202020232026Typical 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, May 2017: AED 2,038,000 (AED 2,376 per sqft)Sold, October 2024: AED 2,150,000 (AED 2,507 per sqft)

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

Rents
Unit 423, each contractTypical one-bed in Azizi Mina
150K2021202320252027Typical 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, September 2022: AED 120,000 a yearRenewal, September 2023: AED 125,000 a yearNew contract, October 2024: AED 180,000 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 423 sits

All 119 1-beds →

423 last sold in October 2024 at AED 2,507 per sqft, 14% above what one-beds in Azizi Mina were fetching at the time (AED 2,192). 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. 423's AED 180,000 is at the top 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 4th floor

All 175 units in Azizi Mina
Value
4011-bedAED 2.1M · Jul 2026
4021-bedAED 2.05M · Dec 2025
4031-bedAED 2.77M · Jan 2023
4042-bedAED 3.98M · Jun 2017
4052-bedAED 4.39M · Apr 2017
4061-bedAED 2.43M · Sep 2017
4071-bedNo registered sale
1–7 of 22

423, Azizi Mina in numbers

  • Sold twice: first on 24 May 2017 for AED 2,038,000, last on 29 October 2024 for AED 2,150,000 (AED 2,507 per sqft).
  • Rented since September 2022 on 3 Ejari contracts, from AED 120,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2024 price is 8.4%.
  • 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 30 October 2024.

Questions about 423, Azizi Mina

What did unit 423 last sell for?

AED 2,150,000 on 29 October 2024: AED 2,507 per sqft for 858 sqft. The unit has 2 registered sales; the first was AED 2,038,000 in May 2017.

What is the rent for unit 423?

AED 180,000 a year on the contract signed on 30 October 2024. The previous contract, from September 2023, was AED 125,000; the unit has been rented since September 2022.

How big is unit 423?

858 sqft (79.7 sqm): a one-bedroom hotel apartment on the 4th floor of a 9-storey tower completed in 2021.

What is unit 423 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 423, Azizi Mina

Starts from the last sale price (AED 2.15M, 29 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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