1016, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1016, Farhad Azizi Residence
What is 1016 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 578 sqft
- Parking
- P1-155
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 8,600 /yr
- Last sold
- AED 973K · July 2022
- Building
- Farhad Azizi Residence
About 1016, Farhad Azizi Residence
1016 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 5 July 2022 for AED 972,515, or AED 1,683 per sqft, 37% above the AED 1,226 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 October 2024. The current contract, signed on 10 October 2024, is AED 84,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 8,600 a year.
Sales and rents for 1016 over time
1016 has sold once; the dashed line is the one-bed median of each year in the building.
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 1016 sits
All 205 1-beds →1016 last sold in July 2022 at AED 1,683 per sqft, 37% above what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,226). Over the last 12 months one-beds sold for AED 1,175,000 to 1,300,000, around AED 1,710 per sqft, and rent for AED 69,300 to 102,000 a year. 1016's AED 84,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Dec 202515 December 2025 | 719 sqft | 1,230,000 | 1,710 | ||
| 21 Jul 202521 July 2025 | 747 sqft | 1,200,000 | 1,605 | ||
| 17 Jun 202517 June 2025 | 730 sqft | 1,350,000 | 1,849 | ||
| 27 May 202527 May 2025 | 651 sqft | 1,200,000 | 1,843 |
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%
1016, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 5 July 2022 for AED 972,515, or AED 1,683 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2022 price is 8.6%, 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 1,175,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,928 per sqft.
Source: Dubai Land Department. Updated 10 October 2024.
Questions about 1016, Farhad Azizi Residence
What did unit 1016 last sell for?
AED 972,515 on 5 July 2022, sold by the developer: AED 1,683 per sqft for 578 sqft. It is the only registered sale of the unit.
What is the rent for unit 1016?
AED 84,000 a year on the contract signed on 10 October 2024.
How big is unit 1016?
578 sqft (53.7 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.
What is unit 1016 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 1,175,000 to 1,300,000 in the last 12 months, around AED 1,710 per sqft.
Selling 1016? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1016, Farhad Azizi Residence
Starts from the last sale price (AED 973K, 5 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 972,515
- Deposit, UAE resident (20%)
- AED 194,503
- Deposit, non-resident (40%)
- AED 389,006
- Monthly over 25 years at 3.7%
- AED 3,979
Plus AED 45,856 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →