1602, Farhad Azizi Residence
Sold prices and rental history: sold twice, last in February 2026, 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 1602, Farhad Azizi Residence
What is 1602 worth today?
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Source: Dubai Land Department. Updated 25 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 350 sqft
- Floor
- 16th of 17
- Parking
- P2-186
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,200 /yr
- Last sold
- AED 750K · February 2026
- Building
- Farhad Azizi Residence
About 1602, Farhad Azizi Residence
1602 is a studio of 350 sqft on the 16th floor of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 5 February 2026 for AED 750,000, or AED 2,141 per sqft, 16% above the AED 1,849 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 25 October 2026, is AED 55,000 a year: a gross yield of 7.3% on the 2026 price, before the service charge of about AED 5,200 a year.
Sales and rents for 1602 over time
1602 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 1602 sits
All 391 studios →1602 last sold in February 2026 at AED 2,141 per sqft, 16% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,849). 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. 1602's AED 55,000 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%
Other units on the 16th floor
All 89 units in Farhad Azizi Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1605 | Studio | 374 sqft | AED 670KAED 670,000 · Aug 2025August 2025 | 55,000 /yr | |
| 1606 | 1-bed | 765 sqft | AED 1.28MAED 1,275,000 · Apr 2025April 2025 | 95,000 /yr | |
| 1608 | Studio | 392 sqft | AED 620KAED 620,000 · Dec 2025December 2025 | 62,813 /yr | |
| 1610 | Studio | 393 sqft | AED 715KAED 715,000 · Jan 2026January 2026 | 57,000 /yr | |
| 1616 | Studio | 348 sqft | AED 680KAED 680,000 · Oct 2025October 2025 | 58,000 /yr | |
| 1620 | Studio | 392 sqft | AED 720KAED 720,000 · Apr 2025April 2025 | 55,000 /yr | |
| 1621 | 1-bed | 730 sqft | No registered sale | ||
| 1625 | 1-bed | 747 sqft | AED 1.2MAED 1,200,000 · Jul 2025July 2025 | ||
| 1626 | 1-bed | 724 sqft | AED 1.25MAED 1,250,000 · Aug 2025August 2025 | 73,000 /yr |
1602, Farhad Azizi Residence in numbers
- Sold twice: first on 28 June 2022 for AED 516,800, last on 5 February 2026 for AED 750,000 (AED 2,141 per sqft).
- Rented since November 2022 on 5 Ejari contracts, from AED 45,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2026 price is 7.3%, before a service charge of about AED 5,200 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 25 October 2026.
Questions about 1602, Farhad Azizi Residence
What did unit 1602 last sell for?
AED 750,000 on 5 February 2026: AED 2,141 per sqft for 350 sqft. The unit has 2 registered sales; the first was AED 516,800 in June 2022.
What is the rent for unit 1602?
AED 55,000 a year on the contract signed on 25 October 2026. The previous contract, from August 2025, was AED 57,000; the unit has been rented since November 2022.
How big is unit 1602?
350 sqft (32.5 sqm): a studio on the 16th floor of a 17-storey tower completed in 2022.
What is unit 1602 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 1602, Farhad Azizi Residence
Starts from the last sale price (AED 750K, 5 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →