Studio · 373 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

312, Farhad Azizi Residence

Sold prices and rental history: sold once, by the developer in October 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 30 November 2024
Last soldAED 609K16 October 2017
Current rentAED 55K /yr30 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Farhad Azizi Residence

What is 312 worth today?

Last sold for AED 608,572 in 2017

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30 Nov 2024RentedNew contract
AED 55,000/yr12 months · AED 147 per sqft
10 Nov 2023RentedRenewal
AED 42,000/yr12 months · AED 115 per sqft
11 Nov 2022RentedNew contract
AED 42,000/yr12 months · AED 115 per sqft
16 Oct 2017Sold by developerOff-plan
AED 608,572AED 1,631 per sqft

Source: Dubai Land Department. Updated 30 November 2024.

Key facts

Type
Studio apartment
Size
373 sqft
Parking
B-40
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,600 /yr
Last sold
AED 609K · October 2017

About 312, Farhad Azizi Residence

312 is a studio of 373 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 16 October 2017 for AED 608,572, or AED 1,631 per sqft, in line with the AED 1,637 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 30 November 2024, is AED 55,000 a year: a gross yield of 9.0% on the 2017 price, before the service charge of about AED 5,600 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, October 2017: AED 608,572 (AED 1,631 per sqft)

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

Rents
Unit 312, 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 42,000 a yearRenewal, November 2023: AED 42,000 a yearNew contract, November 2024: AED 55,000 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 312 sits

All 391 studios →

312 last sold in October 2017 at AED 1,631 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,637). 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. 312's AED 55,000 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 →

312, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 16 October 2017 for AED 608,572, or AED 1,631 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 42,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 9.0%, before a service charge of about AED 5,600 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 30 November 2024.

Questions about 312, Farhad Azizi Residence

What did unit 312 last sell for?

AED 608,572 on 16 October 2017, sold by the developer: AED 1,631 per sqft for 373 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 55,000 a year on the contract signed on 30 November 2024. The previous contract, from November 2023, was AED 42,000; the unit has been rented since November 2022.

How big is unit 312?

373 sqft (34.7 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 312 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 312, Farhad Azizi Residence

Starts from the last sale price (AED 609K, 16 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 608,572
Deposit, UAE resident (20%)
AED 121,714
Deposit, non-resident (40%)
AED 243,429
Monthly over 25 years at 3.7%
AED 2,490

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