2-bed · 1,088 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

302, Farhad Azizi Residence

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 15 November 2022
Last soldAED 1.35M15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Farhad Azizi Residence

What is 302 worth today?

Last sold for AED 1,350,000 in 2022

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15 Nov 2022SoldReady
AED 1,350,000AED 1,241 per sqft
15 Oct 2017Sold by developerOff-plan
AED 1,671,094AED 1,536 per sqft

Source: Dubai Land Department. Updated 15 November 2022.

Key facts

Type
2-bed apartment
Size
1,088 sqft
Parking
P1-03
Developer
Azizi Developments
Completed
2022
Service charge
AED 16,200 /yr
Last sold
AED 1.35M · November 2022

About 302, Farhad Azizi Residence

302 is a two-bedroom apartment of 1,088 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 15 November 2022 for AED 1,350,000, or AED 1,241 per sqft, 31% above the AED 947 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Farhad Azizi Residence
2M2017201920212023Typical 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, October 2017: AED 1,671,094 (AED 1,536 per sqft)Sold, November 2022: AED 1,350,000 (AED 1,241 per sqft)

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

Rents
Unit 302, 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 118,000

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 302 sits

All 19 2-beds →

302 last sold in November 2022 at AED 1,241 per sqft, 31% above what two-beds in Farhad Azizi Residence were fetching at the time (AED 947). 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.

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 →

302, Farhad Azizi Residence in numbers

  • Sold twice: first on 15 October 2017 for AED 1,671,094, last on 15 November 2022 for AED 1,350,000 (AED 1,241 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 15 November 2022.

Questions about 302, Farhad Azizi Residence

What did unit 302 last sell for?

AED 1,350,000 on 15 November 2022: AED 1,241 per sqft for 1,088 sqft. The unit has 2 registered sales; the first was AED 1,671,094 in October 2017.

How big is unit 302?

1,088 sqft (101.1 sqm): a two-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 302 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 302, Farhad Azizi Residence

Starts from the last sale price (AED 1.35M, 15 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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