Studio · 367 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1139, Farhad Azizi Residence

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

Unit 1139 · DLD and Ejari recordsUpdated 18 September 2024
Last soldAED 475K20 March 2023
Current rentAED 65K /yr18 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1139, Farhad Azizi Residence

What is 1139 worth today?

Last sold for AED 475,000 in 2023

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18 Sep 2024RentedNew contract
AED 65,000/yr12 months · AED 177 per sqft
22 Aug 2023RentedNew contract
AED 46,000/yr12 months · AED 125 per sqft
20 Mar 2023SoldReady
AED 475,000AED 1,295 per sqft
10 Dec 2022RentedNew contract
AED 43,000/yr12 months · AED 117 per sqft
31 Oct 2017Sold by developerOff-plan
AED 594,610AED 1,621 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 September 2024.

Key facts

Type
Studio apartment
Size
367 sqft
Parking
P2-98
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,500 /yr
Last sold
AED 475K · March 2023

About 1139, Farhad Azizi Residence

1139 is a studio of 367 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 20 March 2023 for AED 475,000, or AED 1,295 per sqft, 13% below the AED 1,490 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 18 September 2024, is AED 65,000 a year: a gross yield of 13.7% on the 2023 price, before the service charge of about AED 5,500 a year.

Sales and rents for 1139 over time

Sales
Unit 1139, each saleTypical studio in Farhad Azizi Residence
600K2017202020232026Typical 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, October 2017: AED 594,610 (AED 1,621 per sqft)Sold, March 2023: AED 475,000 (AED 1,295 per sqft)

1139 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1139, each contractTypical studio in Farhad Azizi Residence
40K60K202220242026Typical rent by year: 2022 AED 42,500; 2023 AED 46,000; 2024 AED 51,505; 2025 AED 55,000; 2026 AED 56,000New contract, December 2022: AED 43,000 a yearNew contract, August 2023: AED 46,000 a yearNew contract, September 2024: AED 65,000 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 1139 sits

All 377 studios →

1139 last sold in March 2023 at AED 1,295 per sqft, 13% below what studios in Farhad Azizi Residence were fetching at the time (AED 1,490). 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. 1139's AED 65,000 is in the upper 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 →

1139, Farhad Azizi Residence in numbers

  • Sold twice: first on 31 October 2017 for AED 594,610, last on 20 March 2023 for AED 475,000 (AED 1,295 per sqft).
  • Rented since December 2022 on 3 Ejari contracts, from AED 43,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 13.7%, 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 18 September 2024.

Questions about 1139, Farhad Azizi Residence

What did unit 1139 last sell for?

AED 475,000 on 20 March 2023: AED 1,295 per sqft for 367 sqft. The unit has 2 registered sales; the first was AED 594,610 in October 2017.

What is the rent for unit 1139?

AED 65,000 a year on the contract signed on 18 September 2024. The previous contract, from August 2023, was AED 46,000; the unit has been rented since December 2022.

How big is unit 1139?

367 sqft (34.1 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 1139 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 1139, Farhad Azizi Residence

Starts from the last sale price (AED 475K, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

Plus AED 22,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →