Studio · 353 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

418, 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 418 · DLD and Ejari recordsUpdated 28 September 2024
Last soldAED 581K21 June 2022
Current rentAED 49K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 418, Farhad Azizi Residence

What is 418 worth today?

Last sold for AED 581,031 in 2022

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28 Sep 2024RentedNew contract
AED 49,000/yr12 months · AED 139 per sqft
5 Dec 2023RentedNew contract
AED 52,000/yr12 months · AED 146 per sqft
1 Nov 2022RentedNew contract
AED 38,000/yr12 months · AED 107 per sqft
21 Jun 2022Sold by developerOff-plan
AED 581,031AED 1,645 per sqft

Source: Dubai Land Department. Updated 28 September 2024.

Key facts

Type
Studio apartment
Size
353 sqft
Parking
B-72
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,300 /yr
Last sold
AED 581K · June 2022

About 418, Farhad Azizi Residence

418 is a studio of 353 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 21 June 2022 for AED 581,031, or AED 1,645 per sqft, 9% above the AED 1,503 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 28 September 2024, is AED 49,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 5,300 a year.

Sales and rents for 418 over time

Sales
Unit 418, 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, June 2022: AED 581,031 (AED 1,645 per sqft)

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

Rents
Unit 418, 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 38,000 a yearNew contract, December 2023: AED 52,000 a yearNew contract, September 2024: AED 49,000 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 418 sits

All 391 studios →

418 last sold in June 2022 at AED 1,645 per sqft, 9% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,503). 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. 418's AED 49,000 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 →

418, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 21 June 2022 for AED 581,031, or AED 1,645 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 38,000 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 5,300 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 28 September 2024.

Questions about 418, Farhad Azizi Residence

What did unit 418 last sell for?

AED 581,031 on 21 June 2022, sold by the developer: AED 1,645 per sqft for 353 sqft. It is the only registered sale of the unit.

What is the rent for unit 418?

AED 49,000 a year on the contract signed on 28 September 2024. The previous contract, from December 2023, was AED 52,000; the unit has been rented since November 2022.

How big is unit 418?

353 sqft (32.8 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 418 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 418, Farhad Azizi Residence

Starts from the last sale price (AED 581K, 21 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 581,031
Deposit, UAE resident (20%)
AED 116,206
Deposit, non-resident (40%)
AED 232,412
Monthly over 25 years at 3.7%
AED 2,377

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