Studio · 353 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

837, Farhad Azizi Residence

Sold prices and rental history: sold 3 times, last in October 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 837 · DLD and Ejari recordsUpdated 24 October 2024
Last soldAED 600K24 October 2024
Current rentAED 50K /yr4 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 837, Farhad Azizi Residence

What is 837 worth today?

Last sold for AED 600,000 in 2024

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24 Oct 2024SoldReady
AED 600,000AED 1,699 per sqft
4 May 2024RentedNew contract
AED 50,000/yr12 months · AED 142 per sqft
25 Mar 2024SoldReady
AED 650,000AED 1,841 per sqft
22 Jan 2023RentedNew contract
AED 55,000/yr12 months · AED 155 per sqft
21 Jun 2022Sold by developerOff-plan
AED 488,800AED 1,384 per sqft

Source: Dubai Land Department. Updated 24 October 2024.

Key facts

Type
Studio apartment
Size
353 sqft
Parking
B-201
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,300 /yr
Last sold
AED 600K · October 2024

About 837, Farhad Azizi Residence

837 is a studio of 353 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 24 October 2024 for AED 600,000, or AED 1,699 per sqft, 8% below the AED 1,837 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 4 May 2024, is AED 50,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 5,300 a year.

Sales and rents for 837 over time

Sales
Unit 837, each saleTypical studio in Farhad Azizi Residence
600K2017202020232026Typical sale price by year: 2017 AED 594,141; 2018 AED 579,517; 2019 AED 579,381; 2020 AED 539,150; 2021 AED 552,250; 2022 AED 547,504; 2023 AED 590,000; 2024 AED 665,000; 2025 AED 675,000; 2026 AED 725,000Sold by developer, June 2022: AED 488,800 (AED 1,384 per sqft)Sold, March 2024: AED 650,000 (AED 1,841 per sqft)Sold, October 2024: AED 600,000 (AED 1,699 per sqft)

837 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 837, each contractTypical studio in Farhad Azizi Residence
40K50K202220242026Typical rent by year: 2022 AED 42,000; 2023 AED 45,000; 2024 AED 52,000; 2025 AED 55,000; 2026 AED 52,000New contract, January 2023: AED 55,000 a yearNew contract, May 2024: AED 50,000 a year

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 837 sits

All 391 studios →

837 last sold in October 2024 at AED 1,699 per sqft, 8% below what studios in Farhad Azizi Residence were fetching at the time (AED 1,837). 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. 837's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Sep 2026695,000
3 Sep 2026670,000
25 Jul 2026872,900
17 Jul 20266,083
32 studio 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 →

837, Farhad Azizi Residence in numbers

  • Sold 3 times: first on 21 June 2022 for AED 488,800, last on 24 October 2024 for AED 600,000 (AED 1,699 per sqft).
  • Rented since January 2023 on 2 Ejari contracts, from AED 55,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 8.3%, 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 24 October 2024.

Questions about 837, Farhad Azizi Residence

What did unit 837 last sell for?

AED 600,000 on 24 October 2024: AED 1,699 per sqft for 353 sqft. The unit has 3 registered sales; the first was AED 488,800 in June 2022.

What is the rent for unit 837?

AED 50,000 a year on the contract signed on 4 May 2024. The previous contract, from January 2023, was AED 55,000.

How big is unit 837?

353 sqft (32.8 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 837 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 837, Farhad Azizi Residence

Starts from the last sale price (AED 600K, 24 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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