Studio · 375 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1505, Farhad Azizi Residence

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 715K28 May 2024
Current rentAED 60K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Farhad Azizi Residence

What is 1505 worth today?

Last sold for AED 715,000 in 2024

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1 Feb 2025RentedNew contract
AED 60,000/yr12 months · AED 160 per sqft
1 Feb 2025RentedNew contract
AED 60,000/yr12 months · AED 160 per sqft
28 May 2024SoldReady
AED 715,000AED 1,904 per sqft
1 Feb 2024RentedNew contract
AED 60,000/yr12 months · AED 159 per sqft
15 Feb 2023SoldReady
AED 639,160AED 1,702 per sqft
9 Nov 2022RentedNew contract
AED 55,000/yr12 months · AED 146 per sqft
1 Sep 2019Sold by developerOff-plan
AED 626,141AED 1,667 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
Studio apartment
Size
375 sqft
Parking
P2-173
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,600 /yr
Last sold
AED 715K · May 2024

About 1505, Farhad Azizi Residence

1505 is a studio of 375 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 28 May 2024 for AED 715,000, or AED 1,904 per sqft, 12% above the AED 1,704 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 February 2025, is AED 60,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 5,600 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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 626,141 (AED 1,667 per sqft)Sold, February 2023: AED 639,160 (AED 1,702 per sqft)Sold, May 2024: AED 715,000 (AED 1,904 per sqft)

1505 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1505, each contractTypical studio in Farhad Azizi Residence
40K50K60K202220242026Typical 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 55,000 a yearNew contract, February 2024: AED 60,000 a yearNew contract, February 2025: AED 60,000 a yearNew contract, February 2025: AED 60,000 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 1505 sits

All 391 studios →

1505 last sold in May 2024 at AED 1,904 per sqft, 12% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,704). 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. 1505's AED 60,000 is in the upper 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 →

1505, Farhad Azizi Residence in numbers

  • Sold 3 times: first on 1 September 2019 for AED 626,141, last on 28 May 2024 for AED 715,000 (AED 1,904 per sqft).
  • Rented since November 2022 on 4 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 5,600 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 February 2025.

Questions about 1505, Farhad Azizi Residence

What did unit 1505 last sell for?

AED 715,000 on 28 May 2024: AED 1,904 per sqft for 375 sqft. The unit has 3 registered sales; the first was AED 626,141 in September 2019.

What is the rent for unit 1505?

AED 60,000 a year on the contract signed on 1 February 2025. The previous contract, from February 2025, was AED 60,000; the unit has been rented since November 2022.

How big is unit 1505?

375 sqft (34.8 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 1505 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 1505, Farhad Azizi Residence

Starts from the last sale price (AED 715K, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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