723, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in June 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 723, Farhad Azizi Residence
What is 723 worth today?
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Source: Dubai Land Department. Updated 15 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Parking
- B-164
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,800 /yr
- Last sold
- AED 569K · June 2022
- Building
- Farhad Azizi Residence
About 723, Farhad Azizi Residence
723 is a studio of 387 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 20 June 2022 for AED 569,080, or AED 1,470 per sqft, in line with the AED 1,504 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 15 March 2026, is AED 54,000 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 5,800 a year.
Sales and rents for 723 over time
723 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 723 sits
All 391 studios →723 last sold in June 2022 at AED 1,470 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,504). 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. 723's AED 54,000 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%
723, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 20 June 2022 for AED 569,080, or AED 1,470 per sqft.
- Rented since March 2023 on 5 Ejari contracts, from AED 40,000 to AED 54,000 a year.
- At AED 54,000 a year the gross yield on the 2022 price is 9.5%, before a service charge of about AED 5,800 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 15 March 2026.
Questions about 723, Farhad Azizi Residence
What did unit 723 last sell for?
AED 569,080 on 20 June 2022, sold by the developer: AED 1,470 per sqft for 387 sqft. It is the only registered sale of the unit.
What is the rent for unit 723?
AED 54,000 a year on the contract signed on 15 March 2026. The previous contract, from January 2026, was AED 67,000; the unit has been rented since March 2023.
How big is unit 723?
387 sqft (36.0 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 723 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 723, Farhad Azizi Residence
Starts from the last sale price (AED 569K, 20 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 569,080
- Deposit, UAE resident (20%)
- AED 113,816
- Deposit, non-resident (40%)
- AED 227,632
- Monthly over 25 years at 3.7%
- AED 2,328
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →