1507, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1507, Farhad Azizi Residence
What is 1507 worth today?
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Source: Dubai Land Department. Updated 17 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 765 sqft
- Parking
- P2-14
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 11,400 /yr
- Last sold
- AED 1.1M · March 2023
- Building
- Farhad Azizi Residence
About 1507, Farhad Azizi Residence
1507 is a one-bedroom apartment of 765 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 15 March 2023 for AED 1,100,000, or AED 1,438 per sqft, 17% above the AED 1,233 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 17 October 2023, is AED 77,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 11,400 a year.
Sales and rents for 1507 over time
1507 has sold once; 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 1507 sits
All 205 1-beds →1507 last sold in March 2023 at AED 1,438 per sqft, 17% above what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,233). 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. 1507's AED 77,000 is in the lower 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%
1507, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 15 March 2023 for AED 1,100,000, or AED 1,438 per sqft.
- Rented since October 2022 on 2 Ejari contracts, from AED 70,000 to AED 77,000 a year.
- At AED 77,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 11,400 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: Dubai Land Department. Updated 17 October 2023.
Questions about 1507, Farhad Azizi Residence
What did unit 1507 last sell for?
AED 1,100,000 on 15 March 2023, sold by the developer: AED 1,438 per sqft for 765 sqft. It is the only registered sale of the unit.
What is the rent for unit 1507?
AED 77,000 a year on the contract signed on 17 October 2023. The previous contract, from October 2022, was AED 70,000.
How big is unit 1507?
765 sqft (71.1 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.
What is unit 1507 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 1507, Farhad Azizi Residence
Starts from the last sale price (AED 1.1M, 15 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →