517, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in April 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 517, Farhad Azizi Residence
What is 517 worth today?
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Source: Dubai Land Department. Updated 4 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 353 sqft
- Parking
- B-101
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,300 /yr
- Last sold
- AED 572K · April 2019
- Building
- Farhad Azizi Residence
About 517, Farhad Azizi Residence
517 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 28 April 2019 for AED 572,036, or AED 1,619 per sqft, in line with the AED 1,602 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 4 January 2025, is AED 55,000 a year: a gross yield of 9.6% on the 2019 price, before the service charge of about AED 5,300 a year.
Sales and rents for 517 over time
517 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 517 sits
All 391 studios →517 last sold in April 2019 at AED 1,619 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,602). 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. 517's AED 55,000 is in the lower 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%
517, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 28 April 2019 for AED 572,036, or AED 1,619 per sqft.
- Rented since January 2023 on 3 Ejari contracts, from AED 42,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2019 price is 9.6%, 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 4 January 2025.
Questions about 517, Farhad Azizi Residence
What did unit 517 last sell for?
AED 572,036 on 28 April 2019, sold by the developer: AED 1,619 per sqft for 353 sqft. It is the only registered sale of the unit.
What is the rent for unit 517?
AED 55,000 a year on the contract signed on 4 January 2025. The previous contract, from December 2023, was AED 50,000; the unit has been rented since January 2023.
How big is unit 517?
353 sqft (32.8 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 517 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 517, Farhad Azizi Residence
Starts from the last sale price (AED 572K, 28 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 572,036
- Deposit, UAE resident (20%)
- AED 114,407
- Deposit, non-resident (40%)
- AED 228,814
- Monthly over 25 years at 3.7%
- AED 2,340
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →