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

426, Farhad Azizi Residence

Sold prices and rental history: sold twice, last in December 2023, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 426 · DLD and Ejari recordsUpdated 11 December 2023
Last soldAED 580K11 December 2023
Current rentAED 40K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 426, Farhad Azizi Residence

What is 426 worth today?

Last sold for AED 580,000 in 2023

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11 Dec 2023SoldReady
AED 580,000AED 1,644 per sqft
1 Jan 2023RentedNew contract
AED 40,000/yr12 months · AED 113 per sqft
21 Jun 2022Sold by developerOff-plan
AED 576,460AED 1,634 per sqft

Source: Dubai Land Department. Updated 11 December 2023.

Key facts

Type
Studio apartment
Size
353 sqft
Parking
B-76
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,300 /yr
Last sold
AED 580K · December 2023

About 426, Farhad Azizi Residence

426 is a studio of 353 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 11 December 2023 for AED 580,000, or AED 1,644 per sqft, in line with the AED 1,613 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2023. The current contract, signed on 1 January 2023, is AED 40,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 5,300 a year.

Sales and rents for 426 over time

Sales
Unit 426, 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 576,460 (AED 1,634 per sqft)Sold, December 2023: AED 580,000 (AED 1,644 per sqft)

426 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 426, 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, January 2023: AED 40,000 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 426 sits

All 391 studios →

426 last sold in December 2023 at AED 1,644 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,613). 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. 426's AED 40,000 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 →

426, Farhad Azizi Residence in numbers

  • Sold twice: first on 21 June 2022 for AED 576,460, last on 11 December 2023 for AED 580,000 (AED 1,644 per sqft).
  • Rented since January 2023 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 6.9%, 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 11 December 2023.

Questions about 426, Farhad Azizi Residence

What did unit 426 last sell for?

AED 580,000 on 11 December 2023: AED 1,644 per sqft for 353 sqft. The unit has 2 registered sales; the first was AED 576,460 in June 2022.

What is the rent for unit 426?

AED 40,000 a year on the contract signed on 1 January 2023.

How big is unit 426?

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

What is unit 426 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 426, Farhad Azizi Residence

Starts from the last sale price (AED 580K, 11 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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