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1-bed · 578 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

916, Farhad Azizi Residence

Sold prices and rental history: sold once, by the developer in May 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 916 · DLD and Ejari recordsUpdated 10 November 2024
Last soldAED 955K9 May 2018
Current rentAED 75K /yr10 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 916, Farhad Azizi Residence

What is 916 worth today?

Last sold for AED 955,000 in 2018

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10 Nov 2024RentedRenewal
AED 75,000/yr12 months · AED 130 per sqft
5 Dec 2023RentedNew contract
AED 69,851/yr11 months · AED 121 per sqft
10 Nov 2022RentedNew contract
AED 63,000/yr12 months · AED 108 per sqft
9 May 2018Sold by developerOff-plan
AED 955,000AED 1,653 per sqft

Source: Dubai Land Department. Updated 10 November 2024.

Key facts

Type
1-bed apartment
Size
578 sqft
Parking
P1-142
Developer
Azizi Developments
Completed
2022
Service charge
AED 8,600 /yr
Last sold
AED 955K · May 2018
Building
Farhad Azizi Residence

About 916, Farhad Azizi Residence

916 is a one-bedroom apartment of 578 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 9 May 2018 for AED 955,000, or AED 1,653 per sqft, 8% above the AED 1,535 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 10 November 2024, is AED 75,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 8,600 a year.

Sales and rents for 916 over time

Sales
Unit 916, each saleTypical one-bed in Farhad Azizi Residence
800K1M1.2M2017202020232026Typical sale price by year: 2017 AED 1,097,502; 2018 AED 1,045,780; 2019 AED 1,045,429; 2020 AED 824,160; 2021 AED 825,215; 2022 AED 897,050; 2023 AED 1,075,000; 2024 AED 1,200,000; 2025 AED 1,245,000; 2026 AED 1,200,000Sold by developer, May 2018: AED 955,000 (AED 1,653 per sqft)

916 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 916, each contractTypical one-bed in Farhad Azizi Residence
60K70K80K202220242026Typical rent by year: 2022 AED 67,000; 2023 AED 70,000; 2024 AED 77,000; 2025 AED 80,000; 2026 AED 77,250New contract, November 2022: AED 63,000 a yearNew contract, December 2023: AED 69,851 a yearRenewal, November 2024: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Farhad Azizi Residence, and where 916 sits

All 215 1-beds →

916 last sold in May 2018 at AED 1,653 per sqft, 8% above what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,535). Over the last 12 months one-beds sold for AED 967,088 to 1,450,000, around AED 1,644 per sqft, and rent for AED 60,000 to 120,000 a year. 916's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Sep 20261,400,000
15 Aug 20261,219,819
10 Aug 20261,150,000
9 Jul 20261,450,000
16 1-bed 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 →

916, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 9 May 2018 for AED 955,000, or AED 1,653 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 63,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2018 price is 7.8%, before a service charge of about AED 8,600 a year (AED 14.89 per sqft).
  • One-beds in Farhad Azizi Residence sold for AED 967,088–1,450,000 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 10 November 2024.

Questions about 916, Farhad Azizi Residence

What did unit 916 last sell for?

AED 955,000 on 9 May 2018, sold by the developer: AED 1,653 per sqft for 578 sqft. It is the only registered sale of the unit.

What is the rent for unit 916?

AED 75,000 a year on the contract renewed on 10 November 2024. The previous contract, from December 2023, was AED 69,851; the unit has been rented since November 2022.

How big is unit 916?

578 sqft (53.7 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 916 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Farhad Azizi Residence sold for AED 967,088 to 1,450,000 in the last 12 months, around AED 1,644 per sqft.

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Mortgage on 916, Farhad Azizi Residence

Starts from the last sale price (AED 955K, 9 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 955,000
Deposit, UAE resident (20%)
AED 191,000
Deposit, non-resident (40%)
AED 382,000
Monthly over 25 years at 3.7%
AED 3,907

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