Studio · 366 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1111, Farhad Azizi Residence

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1111 · DLD and Ejari recordsUpdated 11 September 2024
Last soldAED 587K5 August 2022
Current rentAED 55K /yr11 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1111, Farhad Azizi Residence

What is 1111 worth today?

Last sold for AED 586,845 in 2022

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11 Sep 2024RentedNew contract
AED 55,000/yr12 months · AED 150 per sqft
2 Feb 2024RentedNew contract
AED 55,000/yr12 months · AED 150 per sqft
2 Feb 2023RentedNew contract
AED 50,000/yr12 months · AED 137 per sqft
5 Aug 2022Sold by developerReady
AED 586,845AED 1,602 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 September 2024.

Key facts

Type
Studio apartment
Size
366 sqft
Parking
P2-78
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,500 /yr
Last sold
AED 587K · August 2022

About 1111, Farhad Azizi Residence

1111 is a studio of 366 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 5 August 2022 for AED 586,845, or AED 1,602 per sqft, 7% above the AED 1,491 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 11 September 2024, is AED 55,000 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 5,500 a year.

Sales and rents for 1111 over time

Sales
Unit 1111, each saleTypical studio in Farhad Azizi Residence
600K700K2017202020232026Typical sale price by year: 2017 AED 594,141; 2018 AED 579,845; 2019 AED 574,994; 2020 AED 539,150; 2021 AED 542,380; 2022 AED 547,504; 2023 AED 580,000; 2024 AED 665,000; 2025 AED 650,000; 2026 AED 715,000Sold by developer, August 2022: AED 586,845 (AED 1,602 per sqft)

1111 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1111, each contractTypical studio in Farhad Azizi Residence
50K202220242026Typical rent by year: 2022 AED 42,500; 2023 AED 46,000; 2024 AED 51,505; 2025 AED 55,000; 2026 AED 56,000New contract, February 2023: AED 50,000 a yearNew contract, February 2024: AED 55,000 a yearNew contract, September 2024: AED 55,000 a year

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 1111 sits

All 377 studios →

1111 last sold in August 2022 at AED 1,602 per sqft, 7% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,491). 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. 1111's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 2026700,000
5 Feb 2026750,000
27 Jan 2026715,000
21 Jan 2026655,000
14 studio sales in the last 12 months

Farhad Azizi Residence

Building

37 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%
Farhad Azizi Residence, Al Jadaf: prices, sales and rents →

1111, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 5 August 2022 for AED 586,845, or AED 1,602 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 50,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 9.4%, before a service charge of about AED 5,500 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: YallaValue analysis of Dubai Land Department records. Updated 11 September 2024.

Questions about 1111, Farhad Azizi Residence

What did unit 1111 last sell for?

AED 586,845 on 5 August 2022, sold by the developer: AED 1,602 per sqft for 366 sqft. It is the only registered sale of the unit.

What is the rent for unit 1111?

AED 55,000 a year on the contract signed on 11 September 2024. The previous contract, from February 2024, was AED 55,000; the unit has been rented since February 2023.

How big is unit 1111?

366 sqft (34.0 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 1111 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 1111, Farhad Azizi Residence

Starts from the last sale price (AED 587K, 5 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 586,845
Deposit, UAE resident (20%)
AED 117,369
Deposit, non-resident (40%)
AED 234,738
Monthly over 25 years at 3.7%
AED 2,401

Plus AED 29,658 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →