
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.
Property timeline for 1020, Farhad Azizi Residence
What is 1020 worth today?
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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
- Building
- Farhad Azizi Residence
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
1020 has sold 3 times; the dashed line is the studio median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 540 sqft | 695,000 | 1,286 | ||
| 3 Sep 20263 September 2026 | 392 sqft | 670,000 | 1,708 | ||
| 25 Jul 202625 July 2026 | 366 sqft | 872,900 | 2,383 | ||
| 17 Jul 202617 July 2026 | 353 sqft | 6,083 | 17 |
Farhad Azizi Residence
Building89 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%
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 →