423, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in August 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 423, Farhad Azizi Residence
What is 423 worth today?
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Source: Dubai Land Department. Updated 10 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 348 sqft
- Parking
- B-74
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,200 /yr
- Last sold
- AED 551K · August 2019
- Building
- Farhad Azizi Residence
About 423, Farhad Azizi Residence
423 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 27 August 2019 for AED 551,115, or AED 1,582 per sqft, in line with the AED 1,599 studios in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 10 February 2026, is AED 60,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 5,200 a year.
Sales and rents for 423 over time
423 has sold once; the dashed line is the studio median of each year in the building.
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 423 sits
All 391 studios →423 last sold in August 2019 at AED 1,582 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,599). 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. 423's AED 60,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 540 sqft | 695,000 | 1,286 | ||
| 3 Sep 20263 September 2026 | 392 sqft | 670,000 | 1,708 | ||
| 25 Jul 202625 July 2026 | 366 sqft | 872,900 | 2,383 | ||
| 17 Jul 202617 July 2026 | 353 sqft | 6,083 | 17 |
Farhad Azizi Residence
Building89 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%
423, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 27 August 2019 for AED 551,115, or AED 1,582 per sqft.
- Rented since October 2024 on 3 Ejari contracts, from AED 50,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2019 price is 10.9%, 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 10 February 2026.
Questions about 423, Farhad Azizi Residence
What did unit 423 last sell for?
AED 551,115 on 27 August 2019, sold by the developer: AED 1,582 per sqft for 348 sqft. It is the only registered sale of the unit.
What is the rent for unit 423?
AED 60,000 a year on the contract signed on 10 February 2026. The previous contract, from November 2025, was AED 55,000; the unit has been rented since October 2024.
How big is unit 423?
348 sqft (32.3 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 423 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 423, Farhad Azizi Residence
Starts from the last sale price (AED 551K, 27 August 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 551,115
- Deposit, UAE resident (20%)
- AED 110,223
- Deposit, non-resident (40%)
- AED 220,446
- Monthly over 25 years at 3.7%
- AED 2,255
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →