1506, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Farhad Azizi Residence
What is 1506 worth today?
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Source: Dubai Land Department. Updated 5 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 373 sqft
- Parking
- P2-174
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,600 /yr
- Last sold
- AED 618K · January 2018
- Building
- Farhad Azizi Residence
About 1506, Farhad Azizi Residence
1506 is a studio of 373 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 7 January 2018 for AED 618,380, or AED 1,657 per sqft, in line with the AED 1,635 studios in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 5 September 2026, is AED 48,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 5,600 a year.
Sales and rents for 1506 over time
1506 has sold once; the dashed line is the studio median of each year in the building.
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 1506 sits
All 391 studios →1506 last sold in January 2018 at AED 1,657 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,635). 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. 1506's AED 48,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 540 sqft | 695,000 | 1,286 | ||
| 3 Sep 20263 September 2026 | 392 sqft | 670,000 | 1,708 | ||
| 25 Jul 202625 July 2026 | 366 sqft | 872,900 | 2,383 | ||
| 17 Jul 202617 July 2026 | 353 sqft | 6,083 | 17 |
Farhad Azizi Residence
Building89 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%
1506, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 7 January 2018 for AED 618,380, or AED 1,657 per sqft.
- Rented since September 2024 on 3 Ejari contracts, at AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2018 price is 7.8%, 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 5 September 2026.
Questions about 1506, Farhad Azizi Residence
What did unit 1506 last sell for?
AED 618,380 on 7 January 2018, sold by the developer: AED 1,657 per sqft for 373 sqft. It is the only registered sale of the unit.
What is the rent for unit 1506?
AED 48,000 a year on the contract renewed on 5 September 2026. The previous contract, from September 2025, was AED 48,000; the unit has been rented since September 2024.
How big is unit 1506?
373 sqft (34.7 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 1506 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 1506, Farhad Azizi Residence
Starts from the last sale price (AED 618K, 7 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 618,380
- Deposit, UAE resident (20%)
- AED 123,676
- Deposit, non-resident (40%)
- AED 247,352
- Monthly over 25 years at 3.7%
- AED 2,530
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →