1603, Farhad Azizi Residence
Sold prices and rental history: sold twice, last in January 2024, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Farhad Azizi Residence
What is 1603 worth today?
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Source: Dubai Land Department. Updated 9 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 376 sqft
- Parking
- P2-187
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,600 /yr
- Last sold
- AED 560K · January 2024
- Building
- Farhad Azizi Residence
About 1603, Farhad Azizi Residence
1603 is a studio of 376 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 22 January 2024 for AED 560,000, or AED 1,491 per sqft, 7% below the AED 1,609 studios in the building were fetching at the time.
One Ejari contract is registered, from 9 February 2026. The current contract, signed on 9 February 2026, is AED 50,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 5,600 a year.
Sales and rents for 1603 over time
1603 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 1603 sits
All 391 studios →1603 last sold in January 2024 at AED 1,491 per sqft, 7% below what studios in Farhad Azizi Residence were fetching at the time (AED 1,609). 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. 1603's AED 50,000 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%
1603, Farhad Azizi Residence in numbers
- Sold twice: first on 21 June 2022 for AED 563,340, last on 22 January 2024 for AED 560,000 (AED 1,491 per sqft).
- Rented since February 2026 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 8.9%, 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 9 February 2026.
Questions about 1603, Farhad Azizi Residence
What did unit 1603 last sell for?
AED 560,000 on 22 January 2024: AED 1,491 per sqft for 376 sqft. The unit has 2 registered sales; the first was AED 563,340 in June 2022.
What is the rent for unit 1603?
AED 50,000 a year on the contract signed on 9 February 2026.
How big is unit 1603?
376 sqft (34.9 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 1603 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 1603, Farhad Azizi Residence
Starts from the last sale price (AED 560K, 22 January 2024). 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 →