1002, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in December 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Farhad Azizi Residence
What is 1002 worth today?
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Source: Dubai Land Department. Updated 14 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,117 sqft
- Parking
- G-28
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 16,600 /yr
- Last sold
- AED 1.67M · December 2017
- Building
- Farhad Azizi Residence
About 1002, Farhad Azizi Residence
1002 is a two-bedroom apartment of 1,117 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 14 December 2017 for AED 1,666,442, or AED 1,492 per sqft, in line with the AED 1,532 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 14 November 2024, is AED 105,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 16,600 a year.
Sales and rents for 1002 over time
1002 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Farhad Azizi Residence, and where 1002 sits
All 19 2-beds →1002 last sold in December 2017 at AED 1,492 per sqft, in line with what two-beds in Farhad Azizi Residence were fetching at the time (AED 1,532).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 May 202513 May 2025 | 1,518 sqft | 4,943,000 | 3,255 | ||
| 15 Nov 202415 November 2024 | 1,068 sqft | 1,900,000 | 1,779 | ||
| 15 Mar 202415 March 2024 | 1,098 sqft | 1,880,000 | 1,711 | ||
| 28 Sep 202328 September 2023 | 1,098 sqft | 2,577,900 | 2,347 |
Farhad Azizi Residence
Building37 apartments, studios to 3-bed over 17 floors in Al Jadaf, completed in 2022 by Azizi Developments. 17 sold in the last 12 months.
- Typical price per sqft
- AED 1,928 Up 5.1%
- Typical sale
- AED 710K
- Typical rent
- AED 60K /yr
- Typical yield
- 7.5%
1002, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 14 December 2017 for AED 1,666,442, or AED 1,492 per sqft.
- Rented since November 2022 on 3 Ejari contracts, from AED 90,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 16,600 a year (AED 14.89 per sqft).
Source: Dubai Land Department. Updated 14 November 2024.
Questions about 1002, Farhad Azizi Residence
What did unit 1002 last sell for?
AED 1,666,442 on 14 December 2017, sold by the developer: AED 1,492 per sqft for 1,117 sqft. It is the only registered sale of the unit.
What is the rent for unit 1002?
AED 105,000 a year on the contract renewed on 14 November 2024. The previous contract, from November 2022, was AED 90,000; the unit has been rented since November 2022.
How big is unit 1002?
1,117 sqft (103.8 sqm): a two-bedroom apartment of a 17-storey tower completed in 2022.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1002, Farhad Azizi Residence
Starts from the last sale price (AED 1.67M, 14 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,666,442
- Deposit, UAE resident (20%)
- AED 333,288
- Deposit, non-resident (40%)
- AED 666,577
- Monthly over 25 years at 3.7%
- AED 6,818
Plus AED 75,001 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →