Studio · 348 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

232, Farhad Azizi Residence

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 232 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 589K28 February 2018
Current rentAED 53K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 232, Farhad Azizi Residence

What is 232 worth today?

Last sold for AED 588,761 in 2018

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20 Jul 2026RentedNew contract
AED 53,000/yr12 months · AED 152 per sqft
17 Jul 2025RentedNew contract
AED 53,000/yr12 months · AED 152 per sqft
1 Nov 2024RentedNew contract
AED 54,000/yr12 months · AED 155 per sqft
1 Oct 2023RentedNew contract
AED 48,000/yr12 months · AED 138 per sqft
20 Nov 2022RentedNew contract
AED 46,000/yr6 months · AED 134 per sqft
28 Feb 2018Sold by developerOff-plan
AED 588,761AED 1,690 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
Studio apartment
Size
348 sqft
Parking
B-25
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,200 /yr
Last sold
AED 589K · February 2018

About 232, Farhad Azizi Residence

232 is a studio of 348 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 28 February 2018 for AED 588,761, or AED 1,690 per sqft, 3% above the AED 1,634 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 20 July 2026, is AED 53,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 5,200 a year.

Sales and rents for 232 over time

Sales
Unit 232, each saleTypical studio in Farhad Azizi Residence
600K700K2017202020232026Typical sale price by year: 2017 AED 594,141; 2018 AED 579,517; 2019 AED 579,381; 2020 AED 539,150; 2021 AED 552,250; 2022 AED 547,504; 2023 AED 590,000; 2024 AED 665,000; 2025 AED 675,000; 2026 AED 725,000Sold by developer, February 2018: AED 588,761 (AED 1,690 per sqft)

232 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 232, each contractTypical studio in Farhad Azizi Residence
40K50K202220242026Typical rent by year: 2022 AED 42,000; 2023 AED 45,000; 2024 AED 52,000; 2025 AED 55,000; 2026 AED 52,000New contract, November 2022: AED 46,000 a yearNew contract, October 2023: AED 48,000 a yearNew contract, November 2024: AED 54,000 a yearNew contract, July 2025: AED 53,000 a yearNew contract, July 2026: AED 53,000 a year

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 232 sits

All 391 studios →

232 last sold in February 2018 at AED 1,690 per sqft, 3% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,634). 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. 232's AED 53,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Sep 2026695,000
3 Sep 2026670,000
25 Jul 2026872,900
17 Jul 20266,083
32 studio sales 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 →

232, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 28 February 2018 for AED 588,761, or AED 1,690 per sqft.
  • Rented since November 2022 on 5 Ejari contracts, from AED 46,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2018 price is 9.0%, 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 20 July 2026.

Questions about 232, Farhad Azizi Residence

What did unit 232 last sell for?

AED 588,761 on 28 February 2018, sold by the developer: AED 1,690 per sqft for 348 sqft. It is the only registered sale of the unit.

What is the rent for unit 232?

AED 53,000 a year on the contract signed on 20 July 2026. The previous contract, from July 2025, was AED 53,000; the unit has been rented since November 2022.

How big is unit 232?

348 sqft (32.3 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 232 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 232, Farhad Azizi Residence

Starts from the last sale price (AED 589K, 28 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 588,761
Deposit, UAE resident (20%)
AED 117,752
Deposit, non-resident (40%)
AED 235,504
Monthly over 25 years at 3.7%
AED 2,409

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