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1-bed · 740 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1001, Farhad Azizi Residence

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

Unit 1001 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 1.15M28 November 2024
Current rentAED 65K /yr7 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1001, Farhad Azizi Residence

What is 1001 worth today?

Last sold for AED 1,150,000 in 2024

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28 Nov 2024SoldReady
AED 1,150,000AED 1,553 per sqft
7 Jan 2023RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
21 Jun 2022Sold by developerOff-plan
AED 897,050AED 1,211 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
1-bed apartment
Size
740 sqft
Parking
P1-153
Developer
Azizi Developments
Completed
2022
Service charge
AED 11,000 /yr
Last sold
AED 1.15M · November 2024
Building
Farhad Azizi Residence

About 1001, Farhad Azizi Residence

1001 is a one-bedroom apartment of 740 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 28 November 2024 for AED 1,150,000, or AED 1,553 per sqft, in line with the AED 1,589 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 January 2023. The current contract, signed on 7 January 2023, is AED 65,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 11,000 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical one-bed in Farhad Azizi Residence
800K1M1.2M2017202020232026Typical sale price by year: 2017 AED 1,097,502; 2018 AED 1,045,780; 2019 AED 1,045,429; 2020 AED 824,160; 2021 AED 825,215; 2022 AED 897,050; 2023 AED 1,075,000; 2024 AED 1,200,000; 2025 AED 1,245,000; 2026 AED 1,200,000Sold by developer, June 2022: AED 897,050 (AED 1,211 per sqft)Sold, November 2024: AED 1,150,000 (AED 1,553 per sqft)

1001 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1001, each contractTypical one-bed in Farhad Azizi Residence
70K80K202220242026Typical rent by year: 2022 AED 67,000; 2023 AED 70,000; 2024 AED 77,000; 2025 AED 80,000; 2026 AED 77,250New contract, January 2023: AED 65,000 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 Farhad Azizi Residence, and where 1001 sits

All 215 1-beds →

1001 last sold in November 2024 at AED 1,553 per sqft, in line with what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,589). Over the last 12 months one-beds sold for AED 967,088 to 1,450,000, around AED 1,644 per sqft, and rent for AED 60,000 to 120,000 a year. 1001's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Sep 20261,400,000
15 Aug 20261,219,819
10 Aug 20261,150,000
9 Jul 20261,450,000
16 1-bed sales in the last 12 months

Farhad Azizi Residence

Building

89 apartments, studios to 3-bed over 17 floors in Al Jadaf, completed in 2022 by Azizi Developments. 49 sold in the last 12 months.

Typical price per sqft
AED 1,897 Up 4.2%
Typical sale
AED 811K
Typical rent
AED 60K /yr
Typical yield
7.1%
Farhad Azizi Residence, Al Jadaf: prices, sales and rents →

1001, Farhad Azizi Residence in numbers

  • Sold twice: first on 21 June 2022 for AED 897,050, last on 28 November 2024 for AED 1,150,000 (AED 1,553 per sqft).
  • Rented since January 2023 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 11,000 a year (AED 14.89 per sqft).
  • One-beds in Farhad Azizi Residence sold for AED 967,088–1,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,897 per sqft.

Source: Dubai Land Department. Updated 28 November 2024.

Questions about 1001, Farhad Azizi Residence

What did unit 1001 last sell for?

AED 1,150,000 on 28 November 2024: AED 1,553 per sqft for 740 sqft. The unit has 2 registered sales; the first was AED 897,050 in June 2022.

What is the rent for unit 1001?

AED 65,000 a year on the contract signed on 7 January 2023.

How big is unit 1001?

740 sqft (68.7 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Farhad Azizi Residence sold for AED 967,088 to 1,450,000 in the last 12 months, around AED 1,644 per sqft.

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Mortgage on 1001, Farhad Azizi Residence

Starts from the last sale price (AED 1.15M, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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