1-bed · 862 sqftAzizi Mina, Palm Jumeirah · 5th floor · completed 2021

523, Azizi Mina

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 523 · DLD and Ejari recordsUpdated 28 March 2023
Last soldAED 2.15M28 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Azizi Mina

What is 523 worth today?

Last sold for AED 2,150,000 in 2023

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28 Mar 2023SoldReady
AED 2,150,000AED 2,493 per sqft
6 Nov 2017Sold by developerOff-plan
AED 2,084,710AED 2,417 per sqft

Source: Dubai Land Department. Updated 28 March 2023.

Key facts

Type
1-bed hotel apartment
Size
862 sqft
Floor
5th of 9
Parking
B-170
Developer
Azizi Developments
Completed
2021
Last sold
AED 2.15M · March 2023
Building
Azizi Mina

About 523, Azizi Mina

523 is a one-bedroom hotel apartment of 862 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 28 March 2023 for AED 2,150,000, or AED 2,493 per sqft, in line with the AED 2,516 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 523 over time

Sales
Unit 523, 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, November 2017: AED 2,084,710 (AED 2,417 per sqft)Sold, March 2023: AED 2,150,000 (AED 2,493 per sqft)

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

Rents
Unit 523, 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 523 sits

All 119 1-beds →

523 last sold in March 2023 at AED 2,493 per sqft, in line with what one-beds in Azizi Mina were fetching at the time (AED 2,516). 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

523, Azizi Mina in numbers

  • Sold twice: first on 6 November 2017 for AED 2,084,710, last on 28 March 2023 for AED 2,150,000 (AED 2,493 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 March 2023.

Questions about 523, Azizi Mina

What did unit 523 last sell for?

AED 2,150,000 on 28 March 2023: AED 2,493 per sqft for 862 sqft. The unit has 2 registered sales; the first was AED 2,084,710 in November 2017.

How big is unit 523?

862 sqft (80.1 sqm): a one-bedroom hotel apartment on the 5th floor of a 9-storey tower completed in 2021.

What is unit 523 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 523, Azizi Mina

Starts from the last sale price (AED 2.15M, 28 March 2023). 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 →