Studio · 350 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1404, Farhad Azizi Residence

Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 589K1 September 2019
Current rentAED 45K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Farhad Azizi Residence

What is 1404 worth today?

Last sold for AED 589,436 in 2019

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1 Dec 2024RentedRenewal
AED 45,000/yr12 months · AED 127 per sqft
1 Dec 2023RentedRenewal
AED 45,000/yr12 months · AED 127 per sqft
1 Dec 2022RentedNew contract
AED 45,000/yr12 months · AED 127 per sqft
1 Sep 2019Sold by developerOff-plan
AED 589,436AED 1,682 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
Studio apartment
Size
350 sqft
Parking
P2-153
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,200 /yr
Last sold
AED 589K · September 2019

About 1404, Farhad Azizi Residence

1404 is a studio of 350 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 1 September 2019 for AED 589,436, or AED 1,682 per sqft, 4% above the AED 1,622 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 45,000 a year: a gross yield of 7.6% on the 2019 price, before the service charge of about AED 5,200 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, 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, September 2019: AED 589,436 (AED 1,682 per sqft)

1404 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1404, 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, December 2022: AED 45,000 a yearRenewal, December 2023: AED 45,000 a yearRenewal, December 2024: AED 45,000 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 1404 sits

All 391 studios →

1404 last sold in September 2019 at AED 1,682 per sqft, 4% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,622). 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. 1404's AED 45,000 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 →

1404, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 1 September 2019 for AED 589,436, or AED 1,682 per sqft.
  • Rented since December 2022 on 3 Ejari contracts, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2019 price is 7.6%, before a service charge of about AED 5,200 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 December 2024.

Questions about 1404, Farhad Azizi Residence

What did unit 1404 last sell for?

AED 589,436 on 1 September 2019, sold by the developer: AED 1,682 per sqft for 350 sqft. It is the only registered sale of the unit.

What is the rent for unit 1404?

AED 45,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 45,000; the unit has been rented since December 2022.

How big is unit 1404?

350 sqft (32.5 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 1404 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 1404, Farhad Azizi Residence

Starts from the last sale price (AED 589K, 1 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 589,436
Deposit, UAE resident (20%)
AED 117,887
Deposit, non-resident (40%)
AED 235,774
Monthly over 25 years at 3.7%
AED 2,412

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