1-bed · 651 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1421, 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.

Unit 1421 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 1.05M15 June 2022
Current rentAED 75K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1421, Farhad Azizi Residence

What is 1421 worth today?

Last sold for AED 1,047,960 in 2022

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1 Nov 2023RentedRenewal
AED 74,500/yr12 months · AED 115 per sqft
1 Nov 2022RentedNew contract
AED 68,000/yr12 months · AED 105 per sqft
15 Jun 2022Sold by developerOff-plan
AED 1,047,960AED 1,610 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2023.

Key facts

Type
1-bed apartment
Size
651 sqft
Parking
G-29
Developer
Azizi Developments
Completed
2022
Service charge
AED 9,700 /yr
Last sold
AED 1.05M · June 2022

About 1421, Farhad Azizi Residence

1421 is a one-bedroom apartment of 651 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 1,047,960, or AED 1,610 per sqft, 34% above the AED 1,205 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 74,500 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1421 over time

Sales
Unit 1421, 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 1,047,960 (AED 1,610 per sqft)

1421 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1421, each contractTypical one-bed in Farhad Azizi Residence
70K80K202220242026Typical rent by year: 2022 AED 67,000; 2023 AED 70,000; 2024 AED 77,088; 2025 AED 81,000; 2026 AED 85,000New contract, November 2022: AED 68,000 a yearRenewal, November 2023: AED 74,500 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 1421 sits

All 205 1-beds →

1421 last sold in June 2022 at AED 1,610 per sqft, 34% above 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. 1421's AED 74,500 is in the lower 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 →

1421, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 15 June 2022 for AED 1,047,960, or AED 1,610 per sqft.
  • Rented since November 2022 on 2 Ejari contracts, from AED 68,000 to AED 74,500 a year.
  • At AED 74,500 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 9,700 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 1 November 2023.

Questions about 1421, Farhad Azizi Residence

What did unit 1421 last sell for?

AED 1,047,960 on 15 June 2022, sold by the developer: AED 1,610 per sqft for 651 sqft. It is the only registered sale of the unit.

What is the rent for unit 1421?

AED 74,500 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 68,000.

How big is unit 1421?

651 sqft (60.5 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 1421 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 1421, Farhad Azizi Residence

Starts from the last sale price (AED 1.05M, 15 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,047,960
Deposit, UAE resident (20%)
AED 209,592
Deposit, non-resident (40%)
AED 419,184
Monthly over 25 years at 3.7%
AED 4,288

Plus AED 49,024 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →