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1-bed · 688 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1022, Farhad Azizi Residence

Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1022 · DLD and Ejari recordsUpdated 23 July 2024
Last soldAED 812K1 July 2022
Current rentAED 95K /yr23 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1022, Farhad Azizi Residence

What is 1022 worth today?

Last sold for AED 812,350 in 2022

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23 Jul 2024RentedNew contract
AED 95,000/yr12 months · AED 138 per sqft
1 Jul 2022Sold by developerOff-plan
AED 812,350AED 1,180 per sqft

Source: Dubai Land Department. Updated 23 July 2024.

Key facts

Type
1-bed apartment
Size
688 sqft
Parking
P1-158
Developer
Azizi Developments
Completed
2022
Service charge
AED 10,200 /yr
Last sold
AED 812K · July 2022
Building
Farhad Azizi Residence

About 1022, Farhad Azizi Residence

1022 is a one-bedroom apartment of 688 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 1 July 2022 for AED 812,350, or AED 1,180 per sqft, 4% below the AED 1,227 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 July 2024. The current contract, signed on 23 July 2024, is AED 95,000 a year: a gross yield of 11.7% on the 2022 price, before the service charge of about AED 10,200 a year.

Sales and rents for 1022 over time

Sales
Unit 1022, 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, July 2022: AED 812,350 (AED 1,180 per sqft)

1022 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1022, each contractTypical one-bed in Farhad Azizi Residence
80K100K202220242026Typical rent by year: 2022 AED 67,000; 2023 AED 70,000; 2024 AED 77,000; 2025 AED 80,000; 2026 AED 77,250New contract, July 2024: AED 95,000 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 1022 sits

All 215 1-beds →

1022 last sold in July 2022 at AED 1,180 per sqft, 4% below what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,227). 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. 1022's AED 95,000 is in the upper 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 →

1022, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 1 July 2022 for AED 812,350, or AED 1,180 per sqft.
  • Rented since July 2024 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 11.7%, before a service charge of about AED 10,200 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 23 July 2024.

Questions about 1022, Farhad Azizi Residence

What did unit 1022 last sell for?

AED 812,350 on 1 July 2022, sold by the developer: AED 1,180 per sqft for 688 sqft. It is the only registered sale of the unit.

What is the rent for unit 1022?

AED 95,000 a year on the contract signed on 23 July 2024.

How big is unit 1022?

688 sqft (63.9 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 1022 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 1022, Farhad Azizi Residence

Starts from the last sale price (AED 812K, 1 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 812,350
Deposit, UAE resident (20%)
AED 162,470
Deposit, non-resident (40%)
AED 324,940
Monthly over 25 years at 3.7%
AED 3,324

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