1601, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in July 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 1601, Farhad Azizi Residence
What is 1601 worth today?
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Source: Dubai Land Department. Updated 10 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,049 sqft
- Parking
- P1-20, P1-21
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 30,500 /yr
- Last sold
- AED 1.81M · July 2022
- Building
- Farhad Azizi Residence
About 1601, Farhad Azizi Residence
1601 is a two-bedroom apartment of 2,049 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 1 July 2022 for AED 1,809,360, or AED 883 per sqft, 7% below the AED 947 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 10 November 2024, is AED 95,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 30,500 a year.
Sales and rents for 1601 over time
1601 has sold once; the dashed line is the two-bed median of each year in the building.
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 1601 sits
All 19 2-beds →1601 last sold in July 2022 at AED 883 per sqft, 7% below what two-beds in Farhad Azizi Residence were fetching at the time (AED 947).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 May 202513 May 2025 | 1,518 sqft | 4,943,000 | 3,255 | ||
| 15 Nov 202415 November 2024 | 1,068 sqft | 1,900,000 | 1,779 | ||
| 15 Mar 202415 March 2024 | 1,098 sqft | 1,880,000 | 1,711 | ||
| 28 Sep 202328 September 2023 | 1,098 sqft | 2,577,900 | 2,347 |
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%
1601, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 1 July 2022 for AED 1,809,360, or AED 883 per sqft.
- Rented since November 2022 on 3 Ejari contracts, from AED 105,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 30,500 a year (AED 14.89 per sqft).
Source: Dubai Land Department. Updated 10 November 2024.
Questions about 1601, Farhad Azizi Residence
What did unit 1601 last sell for?
AED 1,809,360 on 1 July 2022, sold by the developer: AED 883 per sqft for 2,049 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 95,000 a year on the contract renewed on 10 November 2024. The previous contract, from November 2023, was AED 105,000; the unit has been rented since November 2022.
How big is unit 1601?
2,049 sqft (190.4 sqm): a two-bedroom apartment of a 17-storey tower completed in 2022.
What is unit 1601 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 1601, Farhad Azizi Residence
Starts from the last sale price (AED 1.81M, 1 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,809,360
- Deposit, UAE resident (20%)
- AED 361,872
- Deposit, non-resident (40%)
- AED 723,744
- Monthly over 25 years at 3.7%
- AED 7,403
Plus AED 81,003 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →