1-bed · 967 sqftAzizi Mina, Palm Jumeirah · 5th floor · completed 2021

508, Azizi Mina

Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 28 October 2023
Last soldAED 4.5M28 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Azizi Mina

What is 508 worth today?

Last sold for AED 4,500,730 in 2023

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28 Oct 2023Sold by developerReady
AED 4,500,730AED 4,653 per sqft

Source: Dubai Land Department. Updated 28 October 2023.

Key facts

Type
1-bed hotel apartment
Size
967 sqft
Floor
5th of 9
Parking
B-155
Developer
Azizi Developments
Completed
2021
Last sold
AED 4.5M · October 2023
Building
Azizi Mina

About 508, Azizi Mina

508 is a one-bedroom hotel apartment of 967 sqft on the 5th floor of Azizi Mina, a 9-storey tower in Palm Jumeirah completed in 2021 by Azizi Developments. The developer sold it on 28 October 2023 for AED 4,500,730, or AED 4,653 per sqft, 77% above the AED 2,628 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Azizi Mina
2M4M2017202020232026Typical 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 2023: AED 4,500,730 (AED 4,653 per sqft)

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

Rents
Unit 508, 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 115,000

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 508 sits

All 119 1-beds →

508 last sold in October 2023 at AED 4,653 per sqft, 77% above what one-beds in Azizi Mina were fetching at the time (AED 2,628). 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.

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
5021-bedAED 2.55M · Dec 2024
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
1–7 of 22

508, Azizi Mina in numbers

  • Sold once: by Azizi Developments on 28 October 2023 for AED 4,500,730, or AED 4,653 per sqft.
  • 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 28 October 2023.

Questions about 508, Azizi Mina

What did unit 508 last sell for?

AED 4,500,730 on 28 October 2023, sold by the developer: AED 4,653 per sqft for 967 sqft. It is the only registered sale of the unit.

How big is unit 508?

967 sqft (89.8 sqm): a one-bedroom hotel apartment on the 5th floor of a 9-storey tower completed in 2021.

What is unit 508 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 508, Azizi Mina

Starts from the last sale price (AED 4.5M, 28 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,730
Deposit, UAE resident (20%)
AED 900,146
Deposit, non-resident (40%)
AED 1,800,292
Monthly over 25 years at 3.7%
AED 18,414

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