1516, Farhad Azizi Residence
Sold prices and rental history: sold twice, last in October 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1516, Farhad Azizi Residence
What is 1516 worth today?
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Source: Dubai Land Department. Updated 2 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 707 sqft
- Parking
- P2-18
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 800K · October 2022
- Building
- Farhad Azizi Residence
About 1516, Farhad Azizi Residence
1516 is a one-bedroom apartment of 707 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 6 October 2022 for AED 800,000, or AED 1,132 per sqft, 8% below the AED 1,227 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 2 February 2026, is AED 95,000 a year: a gross yield of 11.9% on the 2022 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1516 over time
1516 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Farhad Azizi Residence, and where 1516 sits
All 215 1-beds →1516 last sold in October 2022 at AED 1,132 per sqft, 8% below what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,227). Over the last 12 months one-beds sold for AED 967,088 to 1,450,000, around AED 1,644 per sqft, and rent for AED 60,000 to 120,000 a year. 1516's AED 95,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 705 sqft | 1,400,000 | 1,985 | ||
| 15 Aug 202615 August 2026 | 742 sqft | 1,219,819 | 1,643 | ||
| 10 Aug 202610 August 2026 | 1,073 sqft | 1,150,000 | 1,071 | ||
| 9 Jul 20269 July 2026 | 688 sqft | 1,450,000 | 2,108 |
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%
1516, Farhad Azizi Residence in numbers
- Sold twice: first on 15 June 2022 for AED 893,800, last on 6 October 2022 for AED 800,000 (AED 1,132 per sqft).
- Rented since February 2023 on 3 Ejari contracts, from AED 75,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2022 price is 11.9%, before a service charge of about AED 10,500 a year (AED 14.89 per sqft).
- One-beds in Farhad Azizi Residence sold for AED 967,088–1,450,000 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 2 February 2026.
Questions about 1516, Farhad Azizi Residence
What did unit 1516 last sell for?
AED 800,000 on 6 October 2022: AED 1,132 per sqft for 707 sqft. The unit has 2 registered sales; the first was AED 893,800 in June 2022.
What is the rent for unit 1516?
AED 95,000 a year on the contract signed on 2 February 2026. The previous contract, from February 2024, was AED 85,000; the unit has been rented since February 2023.
How big is unit 1516?
707 sqft (65.7 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.
What is unit 1516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Farhad Azizi Residence sold for AED 967,088 to 1,450,000 in the last 12 months, around AED 1,644 per sqft.
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Mortgage on 1516, Farhad Azizi Residence
Starts from the last sale price (AED 800K, 6 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →