1-bed · 705 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

431, Farhad Azizi Residence

Sold prices and rental history: sold twice, last in June 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 431 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.25M27 June 2024
Current rentAED 65K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 431, Farhad Azizi Residence

What is 431 worth today?

Last sold for AED 1,250,000 in 2024

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1 Nov 2024RentedRenewal
AED 64,663/yr8 months · AED 92 per sqft
27 Jun 2024SoldReady
AED 1,250,000AED 1,772 per sqft
1 Nov 2023RentedRenewal
AED 65,000/yr12 months · AED 92 per sqft
1 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 92 per sqft
14 Jul 2021Sold by developerOff-plan
AED 850,400AED 1,205 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
705 sqft
Parking
P1-81
Developer
Azizi Developments
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 1.25M · June 2024

About 431, Farhad Azizi Residence

431 is a one-bedroom apartment of 705 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 27 June 2024 for AED 1,250,000, or AED 1,772 per sqft, 11% above the AED 1,598 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 64,663 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 10,500 a year.

Sales and rents for 431 over time

Sales
Unit 431, each saleTypical one-bed in Farhad Azizi Residence
800K1M1.2M2017202020232026Typical sale price by year: 2017 AED 1,097,502; 2018 AED 1,045,780; 2019 AED 1,045,429; 2020 AED 824,160; 2021 AED 825,215; 2022 AED 897,050; 2023 AED 1,075,000; 2024 AED 1,200,000; 2025 AED 1,245,000; 2026 AED 1,200,000Sold by developer, July 2021: AED 850,400 (AED 1,205 per sqft)Sold, June 2024: AED 1,250,000 (AED 1,772 per sqft)

431 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 431, each contractTypical one-bed in Farhad Azizi Residence
70K80K202220242026Typical rent by year: 2022 AED 67,000; 2023 AED 70,000; 2024 AED 77,000; 2025 AED 80,000; 2026 AED 77,250New contract, November 2022: AED 65,000 a yearRenewal, November 2023: AED 65,000 a yearRenewal, November 2024: AED 64,663 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Farhad Azizi Residence, and where 431 sits

All 215 1-beds →

431 last sold in June 2024 at AED 1,772 per sqft, 11% above what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,598). Over the last 12 months one-beds sold for AED 967,088 to 1,450,000, around AED 1,644 per sqft, and rent for AED 60,000 to 120,000 a year. 431's AED 64,663 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Sep 20261,400,000
15 Aug 20261,219,819
10 Aug 20261,150,000
9 Jul 20261,450,000
16 1-bed 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 →

431, Farhad Azizi Residence in numbers

  • Sold twice: first on 14 July 2021 for AED 850,400, last on 27 June 2024 for AED 1,250,000 (AED 1,772 per sqft).
  • Rented since November 2022 on 3 Ejari contracts, from AED 65,000 to AED 64,663 a year.
  • At AED 64,663 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 10,500 a year (AED 14.89 per sqft).
  • One-beds in Farhad Azizi Residence sold for AED 967,088–1,450,000 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 November 2024.

Questions about 431, Farhad Azizi Residence

What did unit 431 last sell for?

AED 1,250,000 on 27 June 2024: AED 1,772 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 850,400 in July 2021.

What is the rent for unit 431?

AED 64,663 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 65,000; the unit has been rented since November 2022.

How big is unit 431?

705 sqft (65.5 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 431 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Farhad Azizi Residence sold for AED 967,088 to 1,450,000 in the last 12 months, around AED 1,644 per sqft.

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Mortgage on 431, Farhad Azizi Residence

Starts from the last sale price (AED 1.25M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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