1037, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1037, Farhad Azizi Residence
What is 1037 worth today?
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Source: Dubai Land Department. Updated 20 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 363 sqft
- Parking
- P2-66
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,400 /yr
- Last sold
- AED 602K · September 2019
- Building
- Farhad Azizi Residence
About 1037, Farhad Azizi Residence
1037 is a studio of 363 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 24 September 2019 for AED 602,467, or AED 1,659 per sqft, in line with the AED 1,623 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 20 August 2024, is AED 60,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 5,400 a year.
Sales and rents for 1037 over time
1037 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 1037 sits
All 377 studios →1037 last sold in September 2019 at AED 1,659 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,623). Over the last 12 months studios sold for AED 600,000 to 913,500, around AED 1,941 per sqft, and rent for AED 44,100 to 75,000 a year. 1037's AED 60,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 363 sqft | 700,000 | 1,928 | ||
| 5 Feb 20265 February 2026 | 350 sqft | 750,000 | 2,141 | ||
| 27 Jan 202627 January 2026 | 393 sqft | 715,000 | 1,820 | ||
| 21 Jan 202621 January 2026 | 353 sqft | 655,000 | 1,857 |
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%
1037, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 24 September 2019 for AED 602,467, or AED 1,659 per sqft.
- Rented since April 2023 on 2 Ejari contracts, from AED 52,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2019 price is 10.0%, before a service charge of about AED 5,400 a year (AED 14.89 per sqft).
- Studios in Farhad Azizi Residence sold for AED 600,000–913,500 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 20 August 2024.
Questions about 1037, Farhad Azizi Residence
What did unit 1037 last sell for?
AED 602,467 on 24 September 2019, sold by the developer: AED 1,659 per sqft for 363 sqft. It is the only registered sale of the unit.
What is the rent for unit 1037?
AED 60,000 a year on the contract signed on 20 August 2024. The previous contract, from April 2023, was AED 52,000.
How big is unit 1037?
363 sqft (33.7 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 1037 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 600,000 to 913,500 in the last 12 months, around AED 1,941 per sqft.
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Mortgage on 1037, Farhad Azizi Residence
Starts from the last sale price (AED 602K, 24 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 602,467
- Deposit, UAE resident (20%)
- AED 120,493
- Deposit, non-resident (40%)
- AED 240,987
- Monthly over 25 years at 3.7%
- AED 2,465
Plus AED 30,314 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →