938, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in November 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 938, Farhad Azizi Residence
What is 938 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 372 sqft
- Parking
- B-230
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,500 /yr
- Last sold
- AED 607K · November 2017
- Building
- Farhad Azizi Residence
About 938, Farhad Azizi Residence
938 is a studio of 372 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 21 November 2017 for AED 607,168, or AED 1,632 per sqft, in line with the AED 1,635 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 60,000 a year: a gross yield of 9.9% on the 2017 price, before the service charge of about AED 5,500 a year.
Sales and rents for 938 over time
938 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 938 sits
All 391 studios →938 last sold in November 2017 at AED 1,632 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,635). 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. 938's AED 60,000 is in the upper 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%
938, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 21 November 2017 for AED 607,168, or AED 1,632 per sqft.
- Rented since June 2023 on 3 Ejari contracts, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2017 price is 9.9%, before a service charge of about AED 5,500 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 July 2024.
Questions about 938, Farhad Azizi Residence
What did unit 938 last sell for?
AED 607,168 on 21 November 2017, sold by the developer: AED 1,632 per sqft for 372 sqft. It is the only registered sale of the unit.
What is the rent for unit 938?
AED 60,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 60,000; the unit has been rented since June 2023.
How big is unit 938?
372 sqft (34.6 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 938 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 938, Farhad Azizi Residence
Starts from the last sale price (AED 607K, 21 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 607,168
- Deposit, UAE resident (20%)
- AED 121,434
- Deposit, non-resident (40%)
- AED 242,867
- Monthly over 25 years at 3.7%
- AED 2,484
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →