Studio · 353 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1218, Farhad Azizi Residence

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

Unit 1218 · DLD and Ejari recordsUpdated 8 March 2026
Last soldAED 594K15 June 2022
Current rentAED 44K /yr8 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1218, Farhad Azizi Residence

What is 1218 worth today?

Last sold for AED 593,680 in 2022

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8 Mar 2026RentedRenewal
AED 43,890/yr12 months · AED 124 per sqft
8 Mar 2025RentedRenewal
AED 41,800/yr12 months · AED 118 per sqft
8 Mar 2024RentedRenewal
AED 38,000/yr12 months · AED 108 per sqft
8 Mar 2023RentedNew contract
AED 38,000/yr12 months · AED 108 per sqft
15 Jun 2022Sold by developerOff-plan
AED 593,680AED 1,681 per sqft

Source: Dubai Land Department. Updated 8 March 2026.

Key facts

Type
Studio apartment
Size
353 sqft
Parking
P2-114
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,300 /yr
Last sold
AED 594K · June 2022

About 1218, Farhad Azizi Residence

1218 is a studio of 353 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 15 June 2022 for AED 593,680, or AED 1,681 per sqft, 13% above the AED 1,492 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 8 March 2026, is AED 43,890 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 5,300 a year.

Sales and rents for 1218 over time

Sales
Unit 1218, each saleTypical studio in Farhad Azizi Residence
600K700K2017202020232026Typical 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, June 2022: AED 593,680 (AED 1,681 per sqft)

1218 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1218, 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, March 2023: AED 38,000 a yearRenewal, March 2024: AED 38,000 a yearRenewal, March 2025: AED 41,800 a yearRenewal, March 2026: AED 43,890 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 1218 sits

All 391 studios →

1218 last sold in June 2022 at AED 1,681 per sqft, 13% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,492). 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. 1218's AED 43,890 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 →

1218, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 15 June 2022 for AED 593,680, or AED 1,681 per sqft.
  • Rented since March 2023 on 4 Ejari contracts, from AED 38,000 to AED 43,890 a year.
  • At AED 43,890 a year the gross yield on the 2022 price is 7.4%, 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 8 March 2026.

Questions about 1218, Farhad Azizi Residence

What did unit 1218 last sell for?

AED 593,680 on 15 June 2022, sold by the developer: AED 1,681 per sqft for 353 sqft. It is the only registered sale of the unit.

What is the rent for unit 1218?

AED 43,890 a year on the contract renewed on 8 March 2026. The previous contract, from March 2025, was AED 41,800; the unit has been rented since March 2023.

How big is unit 1218?

353 sqft (32.8 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 1218 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 1218, Farhad Azizi Residence

Starts from the last sale price (AED 594K, 15 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 593,680
Deposit, UAE resident (20%)
AED 118,736
Deposit, non-resident (40%)
AED 237,472
Monthly over 25 years at 3.7%
AED 2,429

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