2-bed · 1,509 sqftAzizi Mina, Palm Jumeirah · 5th floor · completed 2021

504, Azizi Mina

Sold prices and rental history: sold twice, last in February 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 23 February 2023
Last soldAED 3.8M23 February 2023
Current rentAED 180K /yr19 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Azizi Mina

What is 504 worth today?

Last sold for AED 3,800,000 in 2023

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23 Feb 2023SoldReady
AED 3,800,000AED 2,518 per sqft
19 Dec 2022RentedRenewal
AED 180,000/yr12 months · AED 119 per sqft
19 Dec 2021RentedNew contract
AED 180,000/yr12 months · AED 119 per sqft
3 Jun 2021Sold by developerOff-plan
AED 3,065,040AED 2,031 per sqft

Source: Dubai Land Department. Updated 23 February 2023.

Key facts

Type
2-bed hotel apartment
Size
1,509 sqft
Floor
5th of 9
Parking
B-54, B-55
Developer
Azizi Developments
Completed
2021
Last sold
AED 3.8M · February 2023
Building
Azizi Mina

About 504, Azizi Mina

504 is a two-bedroom hotel apartment of 1,509 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 23 February 2023 for AED 3,800,000, or AED 2,518 per sqft, 5% above the AED 2,390 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 19 December 2022, is AED 180,000 a year: a gross yield of 4.7% on the 2023 price.

Sales and rents for 504 over time

Sales
Unit 504, 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, June 2021: AED 3,065,040 (AED 2,031 per sqft)Sold, February 2023: AED 3,800,000 (AED 2,518 per sqft)

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

Rents
Unit 504, 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, December 2021: AED 180,000 a yearRenewal, December 2022: AED 180,000 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 504 sits

All 52 2-beds →

504 last sold in February 2023 at AED 2,518 per sqft, 5% above what two-beds in Azizi Mina were fetching at the time (AED 2,390). 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. 504's AED 180,000 is in the lower half 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 5th floor

All 175 units in Azizi Mina
Value
5011-bedAED 2.5M · Sep 2017
5021-bedAED 2.55M · Dec 2024
5031-bedAED 2.58M · Aug 2022
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

504, Azizi Mina in numbers

  • Sold twice: first on 3 June 2021 for AED 3,065,040, last on 23 February 2023 for AED 3,800,000 (AED 2,518 per sqft).
  • Rented since December 2021 on 2 Ejari contracts, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2023 price is 4.7%.
  • 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 23 February 2023.

Questions about 504, Azizi Mina

What did unit 504 last sell for?

AED 3,800,000 on 23 February 2023: AED 2,518 per sqft for 1,509 sqft. The unit has 2 registered sales; the first was AED 3,065,040 in June 2021.

What is the rent for unit 504?

AED 180,000 a year on the contract renewed on 19 December 2022. The previous contract, from December 2021, was AED 180,000.

How big is unit 504?

1,509 sqft (140.2 sqm): a two-bedroom hotel apartment on the 5th floor of a 9-storey tower completed in 2021.

What is unit 504 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 504, Azizi Mina

Starts from the last sale price (AED 3.8M, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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