1-bed · 1,001 sqftAzizi Mina, Palm Jumeirah · 5th floor · completed 2021

502, Azizi Mina

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

Unit 502 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 2.55M20 December 2024
Current rentAED 125K /yr20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Azizi Mina

What is 502 worth today?

Last sold for AED 2,550,000 in 2024

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20 Dec 2024SoldReady
AED 2,550,000AED 2,547 per sqft
20 Dec 2023RentedNew contract
AED 125,000/yr12 months · AED 126 per sqft
15 Jan 2023RentedRenewal
AED 105,000/yr12 months · AED 105 per sqft
15 Jan 2022RentedNew contract
AED 105,000/yr12 months · AED 105 per sqft
14 Mar 2021Sold by developerOff-plan
AED 2,105,280AED 2,103 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
1-bed hotel apartment
Size
1,001 sqft
Floor
5th of 9
Parking
B-139
Developer
Azizi Developments
Completed
2021
Last sold
AED 2.55M · December 2024
Building
Azizi Mina

About 502, Azizi Mina

502 is a one-bedroom hotel apartment of 1,001 sqft on the 5th floor of Azizi Mina, a 9-storey tower in Palm Jumeirah completed in 2021 by Azizi Developments. It last sold on 20 December 2024 for AED 2,550,000, or AED 2,547 per sqft, 5% above the AED 2,430 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 20 December 2023, is AED 125,000 a year: a gross yield of 4.9% on the 2024 price.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Azizi Mina
2.25M2.5M2017202020232026Typical 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, March 2021: AED 2,105,280 (AED 2,103 per sqft)Sold, December 2024: AED 2,550,000 (AED 2,547 per sqft)

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

Rents
Unit 502, each contractTypical one-bed in Azizi Mina
100K120K140K2021202320252027Typical 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, January 2022: AED 105,000 a yearRenewal, January 2023: AED 105,000 a yearNew contract, December 2023: 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 502 sits

All 119 1-beds →

502 last sold in December 2024 at AED 2,547 per sqft, 5% above what one-beds in Azizi Mina were fetching at the time (AED 2,430). 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. 502'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 5th floor

All 175 units in Azizi Mina
Value
5011-bedAED 2.5M · Sep 2017
5031-bedAED 2.58M · Aug 2022
5042-bedAED 3.8M · Feb 2023
5052-bedAED 3.63M · Oct 2017
5061-bedAED 2.21M · Aug 2022
5071-bedAED 2.56M · May 2023
5081-bedAED 4.5M · Oct 2023
1–7 of 22

502, Azizi Mina in numbers

  • Sold twice: first on 14 March 2021 for AED 2,105,280, last on 20 December 2024 for AED 2,550,000 (AED 2,547 per sqft).
  • Rented since January 2022 on 3 Ejari contracts, from AED 105,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 4.9%.
  • 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 20 December 2024.

Questions about 502, Azizi Mina

What did unit 502 last sell for?

AED 2,550,000 on 20 December 2024: AED 2,547 per sqft for 1,001 sqft. The unit has 2 registered sales; the first was AED 2,105,280 in March 2021.

What is the rent for unit 502?

AED 125,000 a year on the contract signed on 20 December 2023. The previous contract, from January 2023, was AED 105,000; the unit has been rented since January 2022.

How big is unit 502?

1,001 sqft (93.0 sqm): a one-bedroom hotel apartment on the 5th floor of a 9-storey tower completed in 2021.

What is unit 502 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 502, Azizi Mina

Starts from the last sale price (AED 2.55M, 20 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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