1-bed · 688 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1122, Farhad Azizi Residence

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

Unit 1122 · DLD and Ejari recordsUpdated 8 March 2024
Last soldAED 813K15 June 2022
Current rentAED 90K /yr8 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1122, Farhad Azizi Residence

What is 1122 worth today?

Last sold for AED 813,120 in 2022

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8 Mar 2024RentedNew contract
AED 90,000/yr12 months · AED 131 per sqft
8 Mar 2023RentedNew contract
AED 85,000/yr12 months · AED 123 per sqft
6 Jan 2023RentedNew contract
AED 100,000/yr12 months · AED 145 per sqft
15 Jun 2022Sold by developerOff-plan
AED 813,120AED 1,182 per sqft

Source: Dubai Land Department. Updated 8 March 2024.

Key facts

Type
1-bed apartment
Size
688 sqft
Parking
P1-171
Developer
Azizi Developments
Completed
2022
Service charge
AED 10,200 /yr
Last sold
AED 813K · June 2022

About 1122, Farhad Azizi Residence

1122 is a one-bedroom apartment of 688 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 15 June 2022 for AED 813,120, or AED 1,182 per sqft, in line with the AED 1,205 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 8 March 2024, is AED 90,000 a year: a gross yield of 11.1% on the 2022 price, before the service charge of about AED 10,200 a year.

Sales and rents for 1122 over time

Sales
Unit 1122, each saleTypical one-bed in Farhad Azizi Residence
800K1M1.2M2017202020232026Typical sale price by year: 2017 AED 1,097,502; 2018 AED 1,045,780; 2019 AED 1,045,429; 2020 AED 824,160; 2021 AED 825,215; 2022 AED 897,175; 2023 AED 1,075,000; 2024 AED 1,182,500; 2025 AED 1,250,000Sold by developer, June 2022: AED 813,120 (AED 1,182 per sqft)

1122 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1122, each contractTypical one-bed in Farhad Azizi Residence
80K100K202220242026Typical rent by year: 2022 AED 67,000; 2023 AED 70,000; 2024 AED 77,088; 2025 AED 81,000; 2026 AED 85,000New contract, January 2023: AED 100,000 a yearNew contract, March 2023: AED 85,000 a yearNew contract, March 2024: AED 90,000 a year

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 1122 sits

All 205 1-beds →

1122 last sold in June 2022 at AED 1,182 per sqft, in line with what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,205). 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. 1122's AED 90,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Dec 20251,230,000
21 Jul 20251,200,000
17 Jun 20251,350,000
27 May 20251,200,000
3 1-bed 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 →

1122, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 15 June 2022 for AED 813,120, or AED 1,182 per sqft.
  • Rented since January 2023 on 3 Ejari contracts, from AED 100,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 11.1%, before a service charge of about AED 10,200 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 8 March 2024.

Questions about 1122, Farhad Azizi Residence

What did unit 1122 last sell for?

AED 813,120 on 15 June 2022, sold by the developer: AED 1,182 per sqft for 688 sqft. It is the only registered sale of the unit.

What is the rent for unit 1122?

AED 90,000 a year on the contract signed on 8 March 2024. The previous contract, from March 2023, was AED 85,000; the unit has been rented since January 2023.

How big is unit 1122?

688 sqft (63.9 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 1122 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.

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Mortgage on 1122, Farhad Azizi Residence

Starts from the last sale price (AED 813K, 15 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 813,120
Deposit, UAE resident (20%)
AED 162,624
Deposit, non-resident (40%)
AED 325,248
Monthly over 25 years at 3.7%
AED 3,327

Plus AED 39,161 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →