1423, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1423, Farhad Azizi Residence
What is 1423 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 392 sqft
- Parking
- P2-166
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,800 /yr
- Last sold
- AED 639K · September 2019
- Building
- Farhad Azizi Residence
About 1423, Farhad Azizi Residence
1423 is a studio of 392 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 1 September 2019 for AED 638,960, or AED 1,629 per sqft, in line with the AED 1,623 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 2 February 2026, is AED 53,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 5,800 a year.
Sales and rents for 1423 over time
1423 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 1423 sits
All 377 studios →1423 last sold in September 2019 at AED 1,629 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,623). 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. 1423's AED 53,000 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%
1423, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 1 September 2019 for AED 638,960, or AED 1,629 per sqft.
- Rented since January 2023 on 5 Ejari contracts, from AED 42,000 to AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2019 price is 8.3%, before a service charge of about AED 5,800 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 2 February 2026.
Questions about 1423, Farhad Azizi Residence
What did unit 1423 last sell for?
AED 638,960 on 1 September 2019, sold by the developer: AED 1,629 per sqft for 392 sqft. It is the only registered sale of the unit.
What is the rent for unit 1423?
AED 53,000 a year on the contract renewed on 2 February 2026. The previous contract, from February 2026, was AED 53,000; the unit has been rented since January 2023.
How big is unit 1423?
392 sqft (36.4 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 1423 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 1423, Farhad Azizi Residence
Starts from the last sale price (AED 639K, 1 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 638,960
- Deposit, UAE resident (20%)
- AED 127,792
- Deposit, non-resident (40%)
- AED 255,584
- Monthly over 25 years at 3.7%
- AED 2,614
Plus AED 31,846 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →