1-bed · 958 sqftAzizi Mina, Palm Jumeirah · 7th floor · completed 2021

721, Azizi Mina

Sold prices and rental history: sold 3 times, last in October 2024, and rented once, from September 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 2.5M3 October 2024
Current rentAED 155K /yr20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 721, Azizi Mina

What is 721 worth today?

Last sold for AED 2,500,000 in 2024

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3 Oct 2024SoldReady
AED 2,500,000AED 2,609 per sqft
20 Sep 2023RentedNew contract
AED 155,000/yr12 months · AED 162 per sqft
15 Sep 2021SoldReady
AED 1,900,000AED 1,982 per sqft
4 Jan 2021Sold by developerOff-plan
AED 2,292,760AED 2,392 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
1-bed hotel apartment
Size
958 sqft
Floor
7th of 9
Parking
B-79
Developer
Azizi Developments
Completed
2021
Last sold
AED 2.5M · October 2024
Building
Azizi Mina

About 721, Azizi Mina

721 is a one-bedroom hotel apartment of 958 sqft on the 7th floor of Azizi Mina, a 9-storey tower in Palm Jumeirah completed in 2021 by Azizi Developments. It last sold on 3 October 2024 for AED 2,500,000, or AED 2,609 per sqft, 20% above the AED 2,182 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2023. The current contract, signed on 20 September 2023, is AED 155,000 a year: a gross yield of 6.2% on the 2024 price.

Sales and rents for 721 over time

Sales
Unit 721, each saleTypical one-bed in Azizi Mina
2M2.5M2017202020232026Typical 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, January 2021: AED 2,292,760 (AED 2,392 per sqft)Sold, September 2021: AED 1,900,000 (AED 1,982 per sqft)Sold, October 2024: AED 2,500,000 (AED 2,609 per sqft)

721 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 721, each contractTypical one-bed in Azizi Mina
120K140K160K2021202320252027Typical 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, September 2023: AED 155,000 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 721 sits

All 119 1-beds →

721 last sold in October 2024 at AED 2,609 per sqft, 20% above what one-beds in Azizi Mina were fetching at the time (AED 2,182). 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. 721's AED 155,000 is at the top 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 7th floor

All 175 units in Azizi Mina
Value
7011-bedAED 2.42M · Jan 2021
7021-bedNo registered sale
7031-bedAED 2.3M · Jan 2026
7042-bedAED 3.55M · May 2021
7052-bedAED 3.59M · Apr 2022
7061-bedAED 2M · Sep 2025
7071-bedAED 1.8M · Jun 2026
1–7 of 21

721, Azizi Mina in numbers

  • Sold 3 times: first on 4 January 2021 for AED 2,292,760, last on 3 October 2024 for AED 2,500,000 (AED 2,609 per sqft).
  • Rented since September 2023 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2024 price is 6.2%.
  • 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 3 October 2024.

Questions about 721, Azizi Mina

What did unit 721 last sell for?

AED 2,500,000 on 3 October 2024: AED 2,609 per sqft for 958 sqft. The unit has 3 registered sales; the first was AED 2,292,760 in January 2021.

What is the rent for unit 721?

AED 155,000 a year on the contract signed on 20 September 2023.

How big is unit 721?

958 sqft (89.0 sqm): a one-bedroom hotel apartment on the 7th floor of a 9-storey tower completed in 2021.

What is unit 721 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 721, Azizi Mina

Starts from the last sale price (AED 2.5M, 3 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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