624, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in October 2017, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 624, Farhad Azizi Residence
What is 624 worth today?
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Source: Dubai Land Department. Updated 1 October 2022.
Key facts
- Type
- Studio apartment
- Size
- 353 sqft
- Parking
- B-121
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,300 /yr
- Last sold
- AED 570K · October 2017
- Building
- Farhad Azizi Residence
About 624, Farhad Azizi Residence
624 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 12 October 2017 for AED 570,360, or AED 1,616 per sqft, in line with the AED 1,638 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2022. The current contract, signed on 1 October 2022, is AED 50,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 5,300 a year.
Sales and rents for 624 over time
624 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 624 sits
All 391 studios →624 last sold in October 2017 at AED 1,616 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,638). 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. 624's AED 50,000 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%
624, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 12 October 2017 for AED 570,360, or AED 1,616 per sqft.
- Rented since October 2022 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2017 price is 8.8%, 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 October 2022.
Questions about 624, Farhad Azizi Residence
What did unit 624 last sell for?
AED 570,360 on 12 October 2017, sold by the developer: AED 1,616 per sqft for 353 sqft. It is the only registered sale of the unit.
What is the rent for unit 624?
AED 50,000 a year on the contract signed on 1 October 2022.
How big is unit 624?
353 sqft (32.8 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 624 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 624, Farhad Azizi Residence
Starts from the last sale price (AED 570K, 12 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 570,360
- Deposit, UAE resident (20%)
- AED 114,072
- Deposit, non-resident (40%)
- AED 228,144
- Monthly over 25 years at 3.7%
- AED 2,334
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →