1616, Farhad Azizi Residence
Sold prices and rental history: sold 4 times, last in October 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1616, Farhad Azizi Residence
What is 1616 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 348 sqft
- Floor
- 16th of 17
- Parking
- P2-195
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,200 /yr
- Last sold
- AED 680K · October 2025
- Building
- Farhad Azizi Residence
About 1616, Farhad Azizi Residence
1616 is a studio of 348 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 20 October 2025 for AED 680,000, or AED 1,952 per sqft, 6% above the AED 1,841 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 58,000 a year: a gross yield of 8.5% on the 2025 price, before the service charge of about AED 5,200 a year.
Sales and rents for 1616 over time
1616 has sold 4 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 1616 sits
All 391 studios →1616 last sold in October 2025 at AED 1,952 per sqft, 6% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,841). 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. 1616's AED 58,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 1602 | Studio | 350 sqft | AED 750KAED 750,000 · Feb 2026February 2026 | 55,000 /yr | |
| 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 | |
| 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 |
1616, Farhad Azizi Residence in numbers
- Sold 4 times: first on 4 July 2021 for AED 565,200, last on 20 October 2025 for AED 680,000 (AED 1,952 per sqft).
- Rented since February 2025 on 2 Ejari contracts, at AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2025 price is 8.5%, 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 15 February 2026.
Questions about 1616, Farhad Azizi Residence
What did unit 1616 last sell for?
AED 680,000 on 20 October 2025: AED 1,952 per sqft for 348 sqft. The unit has 4 registered sales; the first was AED 565,200 in July 2021.
What is the rent for unit 1616?
AED 58,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 58,000.
How big is unit 1616?
348 sqft (32.3 sqm): a studio on the 16th floor of a 17-storey tower completed in 2022.
What is unit 1616 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 1616, Farhad Azizi Residence
Starts from the last sale price (AED 680K, 20 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 680,000
- Deposit, UAE resident (20%)
- AED 136,000
- Deposit, non-resident (40%)
- AED 272,000
- Monthly over 25 years at 3.7%
- AED 2,782
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →