Studio · 364 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1020, Farhad Azizi Residence

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

Unit 1020 · DLD and Ejari recordsUpdated 24 March 2024
Last soldAED 610K19 March 2024
Current rentAED 80K /yr24 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1020, Farhad Azizi Residence

What is 1020 worth today?

Last sold for AED 610,000 in 2024

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24 Mar 2024RentedNew contract
AED 79,786/yr12 months · AED 218 per sqft
19 Mar 2024SoldReady
AED 610,000AED 1,675 per sqft
23 Jan 2023SoldReady
AED 485,000AED 1,332 per sqft
28 Nov 2017Sold by developerOff-plan
AED 577,712AED 1,586 per sqft

Source: Dubai Land Department. Updated 24 March 2024.

Key facts

Type
Studio apartment
Size
364 sqft
Parking
P2-57
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,400 /yr
Last sold
AED 610K · March 2024

About 1020, Farhad Azizi Residence

1020 is a studio of 364 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 19 March 2024 for AED 610,000, or AED 1,675 per sqft, in line with the AED 1,646 studios in the building were fetching at the time.

One Ejari contract is registered, from 24 March 2024. The current contract, signed on 24 March 2024, is AED 79,786 a year: a gross yield of 13.1% on the 2024 price, before the service charge of about AED 5,400 a year.

Sales and rents for 1020 over time

Sales
Unit 1020, each saleTypical studio in Farhad Azizi Residence
600K2017202020232026Typical 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, November 2017: AED 577,712 (AED 1,586 per sqft)Sold, January 2023: AED 485,000 (AED 1,332 per sqft)Sold, March 2024: AED 610,000 (AED 1,675 per sqft)

1020 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1020, each contractTypical studio in Farhad Azizi Residence
40K60K80K202220242026Typical rent by year: 2022 AED 42,000; 2023 AED 45,000; 2024 AED 52,000; 2025 AED 55,000; 2026 AED 52,000New contract, March 2024: AED 79,786 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 1020 sits

All 391 studios →

1020 last sold in March 2024 at AED 1,675 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,646). 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. 1020's AED 79,786 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 →

1020, Farhad Azizi Residence in numbers

  • Sold 3 times: first on 28 November 2017 for AED 577,712, last on 19 March 2024 for AED 610,000 (AED 1,675 per sqft).
  • Rented since March 2024 on one Ejari contract, at AED 79,786 a year.
  • At AED 79,786 a year the gross yield on the 2024 price is 13.1%, before a service charge of about AED 5,400 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 24 March 2024.

Questions about 1020, Farhad Azizi Residence

What did unit 1020 last sell for?

AED 610,000 on 19 March 2024: AED 1,675 per sqft for 364 sqft. The unit has 3 registered sales; the first was AED 577,712 in November 2017.

What is the rent for unit 1020?

AED 79,786 a year on the contract signed on 24 March 2024.

How big is unit 1020?

364 sqft (33.8 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 1020 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.

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Mortgage on 1020, Farhad Azizi Residence

Starts from the last sale price (AED 610K, 19 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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