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

424, Farhad Azizi Residence

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 524K8 December 2020
Current rentAED 45K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Farhad Azizi Residence

What is 424 worth today?

Last sold for AED 523,580 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2026RentedNew contract
AED 45,000/yr12 months · AED 127 per sqft
7 Dec 2025RentedRenewal
AED 45,000/yr12 months · AED 131 per sqft
7 Dec 2024RentedRenewal
AED 38,850/yr12 months · AED 113 per sqft
7 Dec 2023RentedRenewal
AED 38,850/yr12 months · AED 109 per sqft
7 Dec 2022RentedNew contract
AED 37,000/yr12 months · AED 104 per sqft
8 Dec 2020Sold by developerOff-plan
AED 523,580AED 1,484 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
353 sqft
Parking
B-75
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,300 /yr
Last sold
AED 524K · December 2020

About 424, Farhad Azizi Residence

424 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 8 December 2020 for AED 523,580, or AED 1,484 per sqft, 6% below the AED 1,572 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 1 August 2026, is AED 45,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 5,300 a year.

Sales and rents for 424 over time

Sales
Unit 424, each saleTypical studio in Farhad Azizi Residence
500K600K700K2017202020232026Typical 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, December 2020: AED 523,580 (AED 1,484 per sqft)

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

Rents
Unit 424, 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, December 2022: AED 37,000 a yearRenewal, December 2023: AED 38,850 a yearRenewal, December 2024: AED 38,850 a yearRenewal, December 2025: AED 45,000 a yearNew contract, August 2026: AED 45,000 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 424 sits

All 391 studios →

424 last sold in December 2020 at AED 1,484 per sqft, 6% below what studios in Farhad Azizi Residence were fetching at the time (AED 1,572). 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. 424's AED 45,000 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 →

424, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 8 December 2020 for AED 523,580, or AED 1,484 per sqft.
  • Rented since December 2022 on 5 Ejari contracts, from AED 37,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2020 price is 8.6%, 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 1 August 2026.

Questions about 424, Farhad Azizi Residence

What did unit 424 last sell for?

AED 523,580 on 8 December 2020, sold by the developer: AED 1,484 per sqft for 353 sqft. It is the only registered sale of the unit.

What is the rent for unit 424?

AED 45,000 a year on the contract signed on 1 August 2026. The previous contract, from December 2025, was AED 45,000; the unit has been rented since December 2022.

How big is unit 424?

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

What is unit 424 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.

Selling 424? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 424, Farhad Azizi Residence

Starts from the last sale price (AED 524K, 8 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 523,580
Deposit, UAE resident (20%)
AED 104,716
Deposit, non-resident (40%)
AED 209,432
Monthly over 25 years at 3.7%
AED 2,142

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