118, Farhad Azizi Residence
Sold prices and rental history: sold twice, last in March 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 118, Farhad Azizi Residence
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,073 sqft
- Parking
- P1-41
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.07M · March 2024
- Building
- Farhad Azizi Residence
About 118, Farhad Azizi Residence
118 is a one-bedroom apartment of 1,073 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 14 March 2024 for AED 1,070,000, or AED 997 per sqft, 36% below the AED 1,563 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 27 October 2023, is AED 86,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 16,000 a year.
Sales and rents for 118 over time
118 has sold twice; 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 118 sits
All 205 1-beds →118 last sold in March 2024 at AED 997 per sqft, 36% below what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,563). 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. 118's AED 86,000 is in the upper 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%
118, Farhad Azizi Residence in numbers
- Sold twice: first on 16 June 2022 for AED 956,340, last on 14 March 2024 for AED 1,070,000 (AED 997 per sqft).
- Rented since October 2022 on 2 Ejari contracts, from AED 70,000 to AED 86,000 a year.
- At AED 86,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 16,000 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: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.
Questions about 118, Farhad Azizi Residence
What did unit 118 last sell for?
AED 1,070,000 on 14 March 2024: AED 997 per sqft for 1,073 sqft. The unit has 2 registered sales; the first was AED 956,340 in June 2022.
What is the rent for unit 118?
AED 86,000 a year on the contract signed on 27 October 2023. The previous contract, from October 2022, was AED 70,000.
How big is unit 118?
1,073 sqft (99.7 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.
What is unit 118 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 118, Farhad Azizi Residence
Starts from the last sale price (AED 1.07M, 14 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,070,000
- Deposit, UAE resident (20%)
- AED 214,000
- Deposit, non-resident (40%)
- AED 428,000
- Monthly over 25 years at 3.7%
- AED 4,378
Plus AED 49,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →