Azizi Iris
Apartment
About the building
12-storey residential building in Al Furjan, completed in 2017. Developer — Azizi Developments.
Specifications for Azizi Iris per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
Al Furjan
A mid-market district between Discovery Gardens and Jebel Ali with two metro stations — the quiet alternative to JVC.
- metro access at mid-market prices
- quieter than JVC
- stable tenants
What to check: Measure the actual walking distance to the metro station rather than trusting the listing. In a Dubai summer a fifteen-minute walk is not a walk, and only genuine proximity earns the rent premium.
Full district guide →Questions and answers about lot NP9-200779
How much is this apartment in Azizi Iris?
Lot NP9-200779 is priced at AED 2 499 999, about $681 000. The size is 2 358 sq ft (219 m²), which works out at AED 1 060 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
Is this expensive or cheap for Al Furjan?
The database holds 29 lots in Al Furjan, starting from AED 650 000. The area median is AED 1 440 per sq ft; this lot, at AED 1 060, is 26% below it. 3 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Al Furjan area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2017 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 500 000; a loan of AED 2 000 000 over 25 years at 3.75–4.99% a year comes to roughly AED 10 300–11 700 a month. A non-resident puts down from 40% (AED 1 000 000) and pays about AED 7 700–8 800 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 100 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 499 999. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Azizi Iris?
The building has 12 floors. The developer is Azizi Developments. Completion year: 2017. Figures are from the project passport: Propsearch and the Dubai Land Department.
Azizi Iris project page →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP9-200779 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Nearby in Al Furjan
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram