1514, Farhad Azizi Residence
Sold prices and rental history: sold twice, last in July 2023, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1514, Farhad Azizi Residence
What is 1514 worth today?
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Source: Dubai Land Department. Updated 11 July 2023.
Key facts
- Type
- Studio apartment
- Size
- 374 sqft
- Parking
- P2-179
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,600 /yr
- Last sold
- AED 560K · July 2023
- Building
- Farhad Azizi Residence
About 1514, Farhad Azizi Residence
1514 is a studio of 374 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 11 July 2023 for AED 560,000, or AED 1,497 per sqft, in line with the AED 1,528 studios in the building were fetching at the time.
One Ejari contract is registered, from 5 November 2022. The current contract, signed on 5 November 2022, is AED 38,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 5,600 a year.
Sales and rents for 1514 over time
1514 has sold twice; 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 1514 sits
All 391 studios →1514 last sold in July 2023 at AED 1,497 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,528). 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. 1514's AED 38,000 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%
1514, Farhad Azizi Residence in numbers
- Sold twice: first on 12 December 2022 for AED 506,160, last on 11 July 2023 for AED 560,000 (AED 1,497 per sqft).
- Rented since November 2022 on one Ejari contract, at AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2023 price is 6.8%, 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 11 July 2023.
Questions about 1514, Farhad Azizi Residence
What did unit 1514 last sell for?
AED 560,000 on 11 July 2023: AED 1,497 per sqft for 374 sqft. The unit has 2 registered sales; the first was AED 506,160 in December 2022.
What is the rent for unit 1514?
AED 38,000 a year on the contract signed on 5 November 2022.
How big is unit 1514?
374 sqft (34.7 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 1514 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 1514, Farhad Azizi Residence
Starts from the last sale price (AED 560K, 11 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 560,000
- Deposit, UAE resident (20%)
- AED 112,000
- Deposit, non-resident (40%)
- AED 224,000
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →