Studio · 386 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1003, Farhad Azizi Residence

Sold prices and rental history: sold once, by the developer in February 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 1.06M23 February 2024
Current rentAED 56K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Farhad Azizi Residence

What is 1003 worth today?

Last sold for AED 1,058,400 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2025RentedRenewal
AED 56,000/yr12 months · AED 145 per sqft
1 Jun 2024RentedNew contract
AED 50,000/yr12 months · AED 129 per sqft
23 Feb 2024Sold by developerReady
AED 1,058,400AED 2,745 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
Studio apartment
Size
386 sqft
Parking
P2-216
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,700 /yr
Last sold
AED 1.06M · February 2024

About 1003, Farhad Azizi Residence

1003 is a studio of 386 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 23 February 2024 for AED 1,058,400, or AED 2,745 per sqft, 68% above the AED 1,638 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 56,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 5,700 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical studio in Farhad Azizi Residence
500K750K1M2017202020232026Typical sale price by year: 2017 AED 594,141; 2018 AED 579,517; 2019 AED 579,381; 2020 AED 539,150; 2021 AED 552,250; 2022 AED 547,504; 2023 AED 590,000; 2024 AED 665,000; 2025 AED 675,000; 2026 AED 725,000Sold by developer, February 2024: AED 1,058,400 (AED 2,745 per sqft)

1003 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1003, each contractTypical studio in Farhad Azizi Residence
40K50K202220242026Typical rent by year: 2022 AED 42,000; 2023 AED 45,000; 2024 AED 52,000; 2025 AED 55,000; 2026 AED 52,000New contract, June 2024: AED 50,000 a yearRenewal, June 2025: AED 56,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Farhad Azizi Residence, and where 1003 sits

All 391 studios →

1003 last sold in February 2024 at AED 2,745 per sqft, 68% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,638). Over the last 12 months studios sold for AED 540,000 to 1,052,870, around AED 1,984 per sqft, and rent for AED 32,000 to 80,000 a year. 1003's AED 56,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Sep 2026695,000
3 Sep 2026670,000
25 Jul 2026872,900
17 Jul 20266,083
32 studio 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 →

1003, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 23 February 2024 for AED 1,058,400, or AED 2,745 per sqft.
  • Rented since June 2024 on 2 Ejari contracts, from AED 50,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 5,700 a year (AED 14.89 per sqft).
  • Studios in Farhad Azizi Residence sold for AED 540,000–1,052,870 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 1 June 2025.

Questions about 1003, Farhad Azizi Residence

What did unit 1003 last sell for?

AED 1,058,400 on 23 February 2024, sold by the developer: AED 2,745 per sqft for 386 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 56,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 50,000.

How big is unit 1003?

386 sqft (35.9 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Farhad Azizi Residence sold for AED 540,000 to 1,052,870 in the last 12 months, around AED 1,984 per sqft.

Selling 1003? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1003, Farhad Azizi Residence

Starts from the last sale price (AED 1.06M, 23 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,058,400
Deposit, UAE resident (20%)
AED 211,680
Deposit, non-resident (40%)
AED 423,360
Monthly over 25 years at 3.7%
AED 4,330

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