1508, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Farhad Azizi Residence
What is 1508 worth today?
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Source: Dubai Land Department. Updated 4 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 393 sqft
- Parking
- P2-175
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,800 /yr
- Last sold
- AED 626K · October 2017
- Building
- Farhad Azizi Residence
About 1508, Farhad Azizi Residence
1508 is a studio of 393 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 30 October 2017 for AED 626,150, or AED 1,594 per sqft, in line with the AED 1,634 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 4 December 2025, is AED 60,000 a year: a gross yield of 9.6% on the 2017 price, before the service charge of about AED 5,800 a year.
Sales and rents for 1508 over time
1508 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 1508 sits
All 391 studios →1508 last sold in October 2017 at AED 1,594 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,634). 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. 1508's AED 60,000 is in the upper 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%
1508, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 30 October 2017 for AED 626,150, or AED 1,594 per sqft.
- Rented since October 2022 on 4 Ejari contracts, from AED 50,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2017 price is 9.6%, before a service charge of about AED 5,800 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 4 December 2025.
Questions about 1508, Farhad Azizi Residence
What did unit 1508 last sell for?
AED 626,150 on 30 October 2017, sold by the developer: AED 1,594 per sqft for 393 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 60,000 a year on the contract signed on 4 December 2025. The previous contract, from November 2024, was AED 55,000; the unit has been rented since October 2022.
How big is unit 1508?
393 sqft (36.5 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 1508 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 1508, Farhad Azizi Residence
Starts from the last sale price (AED 626K, 30 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 626,150
- Deposit, UAE resident (20%)
- AED 125,230
- Deposit, non-resident (40%)
- AED 250,460
- Monthly over 25 years at 3.7%
- AED 2,562
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →