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1-bed · 716 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1033, Farhad Azizi Residence

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

Unit 1033 · DLD and Ejari recordsUpdated 22 December 2024
Last soldAED 906K24 February 2022
Current rentAED 75K /yr22 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1033, Farhad Azizi Residence

What is 1033 worth today?

Last sold for AED 906,100 in 2022

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22 Dec 2024RentedRenewal
AED 75,000/yr12 months · AED 106 per sqft
22 Dec 2022RentedNew contract
AED 73,000/yr12 months · AED 101 per sqft
24 Feb 2022Sold by developerOff-plan
AED 906,100AED 1,264 per sqft

Source: Dubai Land Department. Updated 22 December 2024.

Key facts

Type
1-bed apartment
Size
716 sqft
Parking
P1-163
Developer
Azizi Developments
Completed
2022
Service charge
AED 10,700 /yr
Last sold
AED 906K · February 2022
Building
Farhad Azizi Residence

About 1033, Farhad Azizi Residence

1033 is a one-bedroom apartment of 716 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 24 February 2022 for AED 906,100, or AED 1,264 per sqft, 5% above the AED 1,202 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 22 December 2024, is AED 75,000 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 10,700 a year.

Sales and rents for 1033 over time

Sales
Unit 1033, 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, February 2022: AED 906,100 (AED 1,264 per sqft)

1033 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1033, 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, December 2022: AED 73,000 a yearRenewal, December 2024: AED 75,000 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 1033 sits

All 215 1-beds →

1033 last sold in February 2022 at AED 1,264 per sqft, 5% above what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,202). 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. 1033's AED 75,000 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 →

1033, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 24 February 2022 for AED 906,100, or AED 1,264 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, from AED 73,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 8.3%, before a service charge of about AED 10,700 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 22 December 2024.

Questions about 1033, Farhad Azizi Residence

What did unit 1033 last sell for?

AED 906,100 on 24 February 2022, sold by the developer: AED 1,264 per sqft for 716 sqft. It is the only registered sale of the unit.

What is the rent for unit 1033?

AED 75,000 a year on the contract renewed on 22 December 2024. The previous contract, from December 2022, was AED 73,000.

How big is unit 1033?

716 sqft (66.5 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 1033 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 1033, Farhad Azizi Residence

Starts from the last sale price (AED 906K, 24 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 906,100
Deposit, UAE resident (20%)
AED 181,220
Deposit, non-resident (40%)
AED 362,440
Monthly over 25 years at 3.7%
AED 3,707

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