Studio · 376 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

1603, Farhad Azizi Residence

Sold prices and rental history: sold twice, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 22 January 2024
Last soldAED 560K22 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Farhad Azizi Residence

What is 1603 worth today?

Last sold for AED 560,000 in 2024

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22 Jan 2024SoldReady
AED 560,000AED 1,491 per sqft
21 Jun 2022Sold by developerOff-plan
AED 563,340AED 1,500 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 January 2024.

Key facts

Type
Studio apartment
Size
376 sqft
Parking
P2-187
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,600 /yr
Last sold
AED 560K · January 2024

About 1603, Farhad Azizi Residence

1603 is a studio of 376 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 22 January 2024 for AED 560,000, or AED 1,491 per sqft, 7% below the AED 1,607 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical studio in Farhad Azizi Residence
600K700K2017202020232026Typical sale price by year: 2017 AED 594,141; 2018 AED 579,845; 2019 AED 574,994; 2020 AED 539,150; 2021 AED 542,380; 2022 AED 547,504; 2023 AED 580,000; 2024 AED 665,000; 2025 AED 650,000; 2026 AED 715,000Sold by developer, June 2022: AED 563,340 (AED 1,500 per sqft)Sold, January 2024: AED 560,000 (AED 1,491 per sqft)

1603 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1603, each contractTypical studio in Farhad Azizi Residence
50K202220242026Typical rent by year: 2022 AED 42,500; 2023 AED 46,000; 2024 AED 51,505; 2025 AED 55,000; 2026 AED 56,000

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 1603 sits

All 377 studios →

1603 last sold in January 2024 at AED 1,491 per sqft, 7% below what studios in Farhad Azizi Residence were fetching at the time (AED 1,607). 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.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 2026700,000
5 Feb 2026750,000
27 Jan 2026715,000
21 Jan 2026655,000
14 studio 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 →

1603, Farhad Azizi Residence in numbers

  • Sold twice: first on 21 June 2022 for AED 563,340, last on 22 January 2024 for AED 560,000 (AED 1,491 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 22 January 2024.

Questions about 1603, Farhad Azizi Residence

What did unit 1603 last sell for?

AED 560,000 on 22 January 2024: AED 1,491 per sqft for 376 sqft. The unit has 2 registered sales; the first was AED 563,340 in June 2022.

How big is unit 1603?

376 sqft (34.9 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 1603 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 1603, Farhad Azizi Residence

Starts from the last sale price (AED 560K, 22 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

Plus AED 28,530 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →