2-bed · 1,959 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1724, Farhad Azizi Residence

Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1724 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.77M15 June 2022
Current rentAED 105K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1724, Farhad Azizi Residence

What is 1724 worth today?

Last sold for AED 1,773,100 in 2022

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1 Dec 2024RentedNew contract
AED 105,000/yr12 months · AED 54 per sqft
1 Dec 2023RentedRenewal
AED 95,000/yr12 months · AED 48 per sqft
1 Dec 2022RentedNew contract
AED 100,000/yr12 months · AED 51 per sqft
15 Jun 2022Sold by developerOff-plan
AED 1,773,100AED 905 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,959 sqft
Parking
P1-26, P1-27
Developer
Azizi Developments
Completed
2022
Service charge
AED 29,200 /yr
Last sold
AED 1.77M · June 2022

About 1724, Farhad Azizi Residence

1724 is a two-bedroom apartment of 1,959 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 15 June 2022 for AED 1,773,100, or AED 905 per sqft, in line with the AED 927 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 December 2024, is AED 105,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 29,200 a year.

Sales and rents for 1724 over time

Sales
Unit 1724, each saleTypical two-bed in Farhad Azizi Residence
1.5M2M2.5M2017201920212023Typical sale price by year: 2017 AED 1,668,768; 2019 AED 1,984,101; 2022 AED 1,581,300; 2023 AED 2,494,080Sold by developer, June 2022: AED 1,773,100 (AED 905 per sqft)

1724 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1724, each contractTypical two-bed in Farhad Azizi Residence
100K120K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 105,000; 2024 AED 105,000; 2025 AED 115,000; 2026 AED 118,000New contract, December 2022: AED 100,000 a yearRenewal, December 2023: AED 95,000 a yearNew contract, December 2024: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Farhad Azizi Residence, and where 1724 sits

All 19 2-beds →

1724 last sold in June 2022 at AED 905 per sqft, in line with what two-beds in Farhad Azizi Residence were fetching at the time (AED 927). Over the last 12 months two-beds sold for AED 2,020,000, around AED 1,839 per sqft, and rent for AED 94,500 to 130,000 a year. 1724's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Aug 20262,020,000
13 May 20254,943,000
15 Nov 20241,900,000
15 Mar 20241,880,000
1 2-bed sale in the last 12 months

Farhad Azizi Residence

Building

89 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%
Farhad Azizi Residence, Al Jadaf: prices, sales and rents →

1724, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 15 June 2022 for AED 1,773,100, or AED 905 per sqft.
  • Rented since December 2022 on 3 Ejari contracts, from AED 100,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 29,200 a year (AED 14.89 per sqft).
  • Two-beds in Farhad Azizi Residence sold for AED 2,020,000–2,020,000 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 1 December 2024.

Questions about 1724, Farhad Azizi Residence

What did unit 1724 last sell for?

AED 1,773,100 on 15 June 2022, sold by the developer: AED 905 per sqft for 1,959 sqft. It is the only registered sale of the unit.

What is the rent for unit 1724?

AED 105,000 a year on the contract signed on 1 December 2024. The previous contract, from December 2023, was AED 95,000; the unit has been rented since December 2022.

How big is unit 1724?

1,959 sqft (182.0 sqm): a two-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 1724 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Farhad Azizi Residence sold for AED 2,020,000 to 2,020,000 in the last 12 months, around AED 1,839 per sqft.

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Mortgage on 1724, Farhad Azizi Residence

Starts from the last sale price (AED 1.77M, 15 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,773,100
Deposit, UAE resident (20%)
AED 354,620
Deposit, non-resident (40%)
AED 709,240
Monthly over 25 years at 3.7%
AED 7,254

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →