Studio · 363 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1124, Farhad Azizi Residence

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1124 · DLD and Ejari recordsUpdated 25 January 2026
Last soldAED 475K20 March 2023
Current rentAED 55K /yr25 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1124, Farhad Azizi Residence

What is 1124 worth today?

Last sold for AED 475,000 in 2023

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25 Jan 2026RentedRenewal
AED 55,000/yr12 months · AED 151 per sqft
25 Jan 2025RentedNew contract
AED 55,000/yr12 months · AED 151 per sqft
25 Jan 2025RentedNew contract
AED 55,000/yr12 months · AED 151 per sqft
21 Nov 2023RentedNew contract
AED 42,000/yr12 months · AED 116 per sqft
20 Mar 2023SoldReady
AED 475,000AED 1,307 per sqft
21 Nov 2022RentedNew contract
AED 40,000/yr12 months · AED 110 per sqft
31 Oct 2017Sold by developerOff-plan
AED 589,760AED 1,623 per sqft

Source: Dubai Land Department. Updated 25 January 2026.

Key facts

Type
Studio apartment
Size
363 sqft
Parking
P2-88
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,400 /yr
Last sold
AED 475K · March 2023

About 1124, Farhad Azizi Residence

1124 is a studio of 363 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 20 March 2023 for AED 475,000, or AED 1,307 per sqft, 12% below the AED 1,490 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 25 January 2026, is AED 55,000 a year: a gross yield of 11.6% on the 2023 price, before the service charge of about AED 5,400 a year.

Sales and rents for 1124 over time

Sales
Unit 1124, 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, October 2017: AED 589,760 (AED 1,623 per sqft)Sold, March 2023: AED 475,000 (AED 1,307 per sqft)

1124 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1124, each contractTypical studio in Farhad Azizi Residence
40K50K202220242026Typical rent by year: 2022 AED 42,000; 2023 AED 45,000; 2024 AED 52,000; 2025 AED 55,000; 2026 AED 52,000New contract, November 2022: AED 40,000 a yearNew contract, November 2023: AED 42,000 a yearNew contract, January 2025: AED 55,000 a yearNew contract, January 2025: AED 55,000 a yearRenewal, January 2026: AED 55,000 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 1124 sits

All 391 studios →

1124 last sold in March 2023 at AED 1,307 per sqft, 12% below what studios in Farhad Azizi Residence were fetching at the time (AED 1,490). 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. 1124's AED 55,000 is in the lower 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 →

1124, Farhad Azizi Residence in numbers

  • Sold twice: first on 31 October 2017 for AED 589,760, last on 20 March 2023 for AED 475,000 (AED 1,307 per sqft).
  • Rented since November 2022 on 5 Ejari contracts, from AED 40,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 11.6%, 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 25 January 2026.

Questions about 1124, Farhad Azizi Residence

What did unit 1124 last sell for?

AED 475,000 on 20 March 2023: AED 1,307 per sqft for 363 sqft. The unit has 2 registered sales; the first was AED 589,760 in October 2017.

What is the rent for unit 1124?

AED 55,000 a year on the contract renewed on 25 January 2026. The previous contract, from January 2025, was AED 55,000; the unit has been rented since November 2022.

How big is unit 1124?

363 sqft (33.7 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 1124 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 1124, Farhad Azizi Residence

Starts from the last sale price (AED 475K, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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