1123, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in December 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1123, Farhad Azizi Residence
What is 1123 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 358 sqft
- Parking
- P2-87
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,300 /yr
- Last sold
- AED 589K · December 2017
- Building
- Farhad Azizi Residence
About 1123, Farhad Azizi Residence
1123 is a studio of 358 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 18 December 2017 for AED 589,000, or AED 1,643 per sqft, in line with the AED 1,635 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 September 2025, is AED 45,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 5,300 a year.
Sales and rents for 1123 over time
1123 has sold once; 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 1123 sits
All 391 studios →1123 last sold in December 2017 at AED 1,643 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,635). 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. 1123's AED 45,000 is in the lower 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%
1123, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 18 December 2017 for AED 589,000, or AED 1,643 per sqft.
- Rented since September 2024 on 2 Ejari contracts, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2017 price is 7.6%, before a service charge of about AED 5,300 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 September 2025.
Questions about 1123, Farhad Azizi Residence
What did unit 1123 last sell for?
AED 589,000 on 18 December 2017, sold by the developer: AED 1,643 per sqft for 358 sqft. It is the only registered sale of the unit.
What is the rent for unit 1123?
AED 45,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 45,000.
How big is unit 1123?
358 sqft (33.3 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 1123 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 1123, Farhad Azizi Residence
Starts from the last sale price (AED 589K, 18 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 589,000
- Deposit, UAE resident (20%)
- AED 117,800
- Deposit, non-resident (40%)
- AED 235,600
- Monthly over 25 years at 3.7%
- AED 2,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →