1237, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1237, Farhad Azizi Residence
What is 1237 worth today?
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Source: Dubai Land Department. Updated 15 March 2023.
Key facts
- Type
- Studio apartment
- Size
- 353 sqft
- Parking
- P2-125
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,300 /yr
- Last sold
- AED 646K · June 2022
- Building
- Farhad Azizi Residence
About 1237, Farhad Azizi Residence
1237 is a studio of 353 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 646,160, or AED 1,830 per sqft, 13% above the AED 1,620 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 March 2023, is AED 48,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 5,300 a year.
Sales and rents for 1237 over time
1237 has sold once; the dashed line is the studio median of each year in the building.
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 1237 sits
All 377 studios →1237 last sold in June 2022 at AED 1,830 per sqft, 13% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,620). 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. 1237's AED 48,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 363 sqft | 700,000 | 1,928 | ||
| 5 Feb 20265 February 2026 | 350 sqft | 750,000 | 2,141 | ||
| 27 Jan 202627 January 2026 | 393 sqft | 715,000 | 1,820 | ||
| 21 Jan 202621 January 2026 | 353 sqft | 655,000 | 1,857 |
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%
1237, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 15 June 2022 for AED 646,160, or AED 1,830 per sqft.
- Rented since November 2022 on 2 Ejari contracts, from AED 42,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 5,300 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: Dubai Land Department. Updated 15 March 2023.
Questions about 1237, Farhad Azizi Residence
What did unit 1237 last sell for?
AED 646,160 on 15 June 2022, sold by the developer: AED 1,830 per sqft for 353 sqft. It is the only registered sale of the unit.
What is the rent for unit 1237?
AED 48,000 a year on the contract signed on 15 March 2023. The previous contract, from November 2022, was AED 42,000.
How big is unit 1237?
353 sqft (32.8 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 1237 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 1237, Farhad Azizi Residence
Starts from the last sale price (AED 646K, 15 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 646,160
- Deposit, UAE resident (20%)
- AED 129,232
- Deposit, non-resident (40%)
- AED 258,464
- Monthly over 25 years at 3.7%
- AED 2,644
Plus AED 32,148 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →