1607, Farhad Azizi Residence
Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, Farhad Azizi Residence
What is 1607 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 393 sqft
- Parking
- P2-190
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,800 /yr
- Last sold
- AED 744K · June 2024
- Building
- Farhad Azizi Residence
About 1607, Farhad Azizi Residence
1607 is a studio of 393 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 25 June 2024 for AED 743,500, or AED 1,893 per sqft, 11% above the AED 1,708 studios in the building were fetching at the time.
One Ejari contract is registered, from 28 January 2023. The current contract, signed on 28 January 2023, is AED 41,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 5,800 a year.
Sales and rents for 1607 over time
1607 has sold 3 times; 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 1607 sits
All 391 studios →1607 last sold in June 2024 at AED 1,893 per sqft, 11% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,708). 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. 1607's AED 41,000 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%
1607, Farhad Azizi Residence in numbers
- Sold 3 times: first on 21 June 2022 for AED 588,760, last on 25 June 2024 for AED 743,500 (AED 1,893 per sqft).
- Rented since January 2023 on one Ejari contract, at AED 41,000 a year.
- At AED 41,000 a year the gross yield on the 2024 price is 5.5%, 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 25 June 2024.
Questions about 1607, Farhad Azizi Residence
What did unit 1607 last sell for?
AED 743,500 on 25 June 2024: AED 1,893 per sqft for 393 sqft. The unit has 3 registered sales; the first was AED 588,760 in June 2022.
What is the rent for unit 1607?
AED 41,000 a year on the contract signed on 28 January 2023.
How big is unit 1607?
393 sqft (36.5 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 1607 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.
Selling 1607? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1607, Farhad Azizi Residence
Starts from the last sale price (AED 744K, 25 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 743,500
- Deposit, UAE resident (20%)
- AED 148,700
- Deposit, non-resident (40%)
- AED 297,400
- Monthly over 25 years at 3.7%
- AED 3,042
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →