623, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in June 2022, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 623, Farhad Azizi Residence
What is 623 worth today?
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Source: Dubai Land Department. Updated 11 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 348 sqft
- Parking
- B-137
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,200 /yr
- Last sold
- AED 646K · June 2022
- Building
- Farhad Azizi Residence
About 623, Farhad Azizi Residence
623 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 21 June 2022 for AED 645,960, or AED 1,854 per sqft, 23% above the AED 1,503 studios in the building were fetching at the time.
One Ejari contract is registered, from 11 December 2025. The current contract, signed on 11 December 2025, is AED 55,000 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 5,200 a year.
Sales and rents for 623 over time
623 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 623 sits
All 391 studios →623 last sold in June 2022 at AED 1,854 per sqft, 23% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,503). 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. 623'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%
623, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 21 June 2022 for AED 645,960, or AED 1,854 per sqft.
- Rented since December 2025 on one Ejari contract, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2022 price is 8.5%, 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 11 December 2025.
Questions about 623, Farhad Azizi Residence
What did unit 623 last sell for?
AED 645,960 on 21 June 2022, sold by the developer: AED 1,854 per sqft for 348 sqft. It is the only registered sale of the unit.
What is the rent for unit 623?
AED 55,000 a year on the contract signed on 11 December 2025.
How big is unit 623?
348 sqft (32.3 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 623 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 623, Farhad Azizi Residence
Starts from the last sale price (AED 646K, 21 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 645,960
- Deposit, UAE resident (20%)
- AED 129,192
- Deposit, non-resident (40%)
- AED 258,384
- Monthly over 25 years at 3.7%
- AED 2,643
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →