1-bed · 723 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1241, Farhad Azizi Residence

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1241 · DLD and Ejari recordsUpdated 6 November 2023
Last soldAED 1.9M6 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1241, Farhad Azizi Residence

What is 1241 worth today?

Last sold for AED 1,899,200 in 2023

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6 Nov 2023SoldReady
AED 1,899,200AED 2,626 per sqft
5 Oct 2017Sold by developerOff-plan
AED 1,131,681AED 1,564 per sqft

Source: Dubai Land Department. Updated 6 November 2023.

Key facts

Type
1-bed apartment
Size
723 sqft
Parking
P1-190
Developer
Azizi Developments
Completed
2022
Service charge
AED 10,800 /yr
Last sold
AED 1.9M · November 2023

About 1241, Farhad Azizi Residence

1241 is a one-bedroom apartment of 723 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 6 November 2023 for AED 1,899,200, or AED 2,626 per sqft, 86% above the AED 1,413 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1241 over time

Sales
Unit 1241, each saleTypical one-bed in Farhad Azizi Residence
1M1.5M2M2017202020232026Typical 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, October 2017: AED 1,131,681 (AED 1,564 per sqft)Sold, November 2023: AED 1,899,200 (AED 2,626 per sqft)

1241 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1241, 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 77,250

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 1241 sits

All 215 1-beds →

1241 last sold in November 2023 at AED 2,626 per sqft, 86% above what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,413). 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.

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 →

1241, Farhad Azizi Residence in numbers

  • Sold twice: first on 5 October 2017 for AED 1,131,681, last on 6 November 2023 for AED 1,899,200 (AED 2,626 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 6 November 2023.

Questions about 1241, Farhad Azizi Residence

What did unit 1241 last sell for?

AED 1,899,200 on 6 November 2023: AED 2,626 per sqft for 723 sqft. The unit has 2 registered sales; the first was AED 1,131,681 in October 2017.

How big is unit 1241?

723 sqft (67.2 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 1241 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 1241, Farhad Azizi Residence

Starts from the last sale price (AED 1.9M, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,899,200
Deposit, UAE resident (20%)
AED 379,840
Deposit, non-resident (40%)
AED 759,680
Monthly over 25 years at 3.7%
AED 7,770

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