2-bed · 1,499 sqftAzizi Mina, Palm Jumeirah · 6th floor · completed 2021

615, Azizi Mina

Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 615 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 4.25M2 June 2021
Current rentAED 196K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 615, Azizi Mina

What is 615 worth today?

Last sold for AED 4,254,426 in 2021

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20 Sep 2024RentedNew contract
AED 196,000/yr12 months · AED 131 per sqft
23 Dec 2023RentedRenewal
AED 186,000/yr12 months · AED 124 per sqft
23 Dec 2022RentedRenewal
AED 170,000/yr12 months · AED 114 per sqft
23 Dec 2021RentedNew contract
AED 170,000/yr12 months · AED 114 per sqft
2 Jun 2021Sold by developerOff-plan
AED 4,254,426AED 2,839 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
2-bed hotel apartment
Size
1,499 sqft
Floor
6th of 9
Parking
B-58, B-59
Developer
Azizi Developments
Completed
2021
Last sold
AED 4.25M · June 2021
Building
Azizi Mina

About 615, Azizi Mina

615 is a two-bedroom hotel apartment of 1,499 sqft on the 6th floor of Azizi Mina, a 9-storey tower in Palm Jumeirah completed in 2021 by Azizi Developments. The developer sold it on 2 June 2021 for AED 4,254,426, or AED 2,839 per sqft, 27% above the AED 2,238 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 20 September 2024, is AED 196,000 a year: a gross yield of 4.6% on the 2021 price.

Sales and rents for 615 over time

Sales
Unit 615, 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 4,254,426 (AED 2,839 per sqft)

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

Rents
Unit 615, 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 170,000 a yearRenewal, December 2022: AED 170,000 a yearRenewal, December 2023: AED 186,000 a yearNew contract, September 2024: AED 196,000 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 615 sits

All 52 2-beds →

615 last sold in June 2021 at AED 2,839 per sqft, 27% above what two-beds in Azizi Mina were fetching at the time (AED 2,238). 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. 615's AED 196,000 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 6th floor

All 175 units in Azizi Mina
Value
6011-bedAED 2.15M · Aug 2025
6021-bedAED 2.31M · Jan 2021
6031-bedAED 2.68M · Feb 2023
6042-bedAED 3.96M · Jan 2017
6052-bedAED 885K · Feb 2020
6061-bedAED 2.08M · Jan 2026
6071-bedAED 2.69M · Sep 2019
1–7 of 21

615, Azizi Mina in numbers

  • Sold once: by Azizi Developments on 2 June 2021 for AED 4,254,426, or AED 2,839 per sqft.
  • Rented since December 2021 on 4 Ejari contracts, from AED 170,000 to AED 196,000 a year.
  • At AED 196,000 a year the gross yield on the 2021 price is 4.6%.
  • 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 20 September 2024.

Questions about 615, Azizi Mina

What did unit 615 last sell for?

AED 4,254,426 on 2 June 2021, sold by the developer: AED 2,839 per sqft for 1,499 sqft. It is the only registered sale of the unit.

What is the rent for unit 615?

AED 196,000 a year on the contract signed on 20 September 2024. The previous contract, from December 2023, was AED 186,000; the unit has been rented since December 2021.

How big is unit 615?

1,499 sqft (139.3 sqm): a two-bedroom hotel apartment on the 6th floor of a 9-storey tower completed in 2021.

What is unit 615 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 615, Azizi Mina

Starts from the last sale price (AED 4.25M, 2 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,254,426
Deposit, UAE resident (20%)
AED 850,885
Deposit, non-resident (40%)
AED 1,701,770
Monthly over 25 years at 3.7%
AED 17,406

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