2-bed · 1,068 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1202, Farhad Azizi Residence

Sold prices and rental history: sold twice, last in November 2024, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 1.9M15 November 2024
Current rentAED 90K /yr20 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Farhad Azizi Residence

What is 1202 worth today?

Last sold for AED 1,900,000 in 2024

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15 Nov 2024SoldReady
AED 1,900,000AED 1,779 per sqft
20 Nov 2022RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
12 Dec 2017Sold by developerOff-plan
AED 1,630,722AED 1,527 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.

Key facts

Type
2-bed apartment
Size
1,068 sqft
Parking
P1-02
Developer
Azizi Developments
Completed
2022
Service charge
AED 15,900 /yr
Last sold
AED 1.9M · November 2024

About 1202, Farhad Azizi Residence

1202 is a two-bedroom apartment of 1,068 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 15 November 2024 for AED 1,900,000, or AED 1,779 per sqft.

One Ejari contract is registered, from 20 November 2022. The current contract, signed on 20 November 2022, is AED 90,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 15,900 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical two-bed in Farhad Azizi Residence
1.5M2M2.5M201720202023Typical sale price by year: 2017 AED 1,668,768; 2019 AED 1,984,101; 2022 AED 1,581,300; 2023 AED 2,494,080Sold by developer, December 2017: AED 1,630,722 (AED 1,527 per sqft)Sold, November 2024: AED 1,900,000 (AED 1,779 per sqft)

1202 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, each contractTypical two-bed in Farhad Azizi Residence
100K20222023202420252026Typical rent by year: 2022 AED 95,000; 2023 AED 107,500; 2024 AED 102,366; 2025 AED 115,000New contract, November 2022: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Farhad Azizi Residence, and where 1202 sits

All 19 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
13 May 20254,943,000
15 Mar 20241,880,000
28 Sep 20232,577,900
14 Aug 20231,700,000
0 2-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 →

1202, Farhad Azizi Residence in numbers

  • Sold twice: first on 12 December 2017 for AED 1,630,722, last on 15 November 2024 for AED 1,900,000 (AED 1,779 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 15,900 a year (AED 14.89 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.

Questions about 1202, Farhad Azizi Residence

What did unit 1202 last sell for?

AED 1,900,000 on 15 November 2024: AED 1,779 per sqft for 1,068 sqft. The unit has 2 registered sales; the first was AED 1,630,722 in December 2017.

What is the rent for unit 1202?

AED 90,000 a year on the contract signed on 20 November 2022.

How big is unit 1202?

1,068 sqft (99.2 sqm): a two-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1202, Farhad Azizi Residence

Starts from the last sale price (AED 1.9M, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →