1617, Farhad Azizi Residence
Sold prices and rental history: sold twice, last in February 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1617, Farhad Azizi Residence
What is 1617 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 363 sqft
- Parking
- P2-196
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,400 /yr
- Last sold
- AED 520K · February 2023
- Building
- Farhad Azizi Residence
About 1617, Farhad Azizi Residence
1617 is a studio of 363 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 22 February 2023 for AED 520,000, or AED 1,433 per sqft, 4% below the AED 1,491 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 29 April 2025, is AED 58,000 a year: a gross yield of 11.2% on the 2023 price, before the service charge of about AED 5,400 a year.
Sales and rents for 1617 over time
1617 has sold twice; 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 1617 sits
All 377 studios →1617 last sold in February 2023 at AED 1,433 per sqft, 4% below what studios in Farhad Azizi Residence were fetching at the time (AED 1,491). 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. 1617's AED 58,000 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%
1617, Farhad Azizi Residence in numbers
- Sold twice: first on 21 June 2022 for AED 500,250, last on 22 February 2023 for AED 520,000 (AED 1,433 per sqft).
- Rented since April 2023 on 3 Ejari contracts, from AED 50,400 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2023 price is 11.2%, before a service charge of about AED 5,400 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 29 April 2025.
Questions about 1617, Farhad Azizi Residence
What did unit 1617 last sell for?
AED 520,000 on 22 February 2023: AED 1,433 per sqft for 363 sqft. The unit has 2 registered sales; the first was AED 500,250 in June 2022.
What is the rent for unit 1617?
AED 58,000 a year on the contract renewed on 29 April 2025. The previous contract, from April 2024, was AED 54,000; the unit has been rented since April 2023.
How big is unit 1617?
363 sqft (33.7 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 1617 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 1617, Farhad Azizi Residence
Starts from the last sale price (AED 520K, 22 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 520,000
- Deposit, UAE resident (20%)
- AED 104,000
- Deposit, non-resident (40%)
- AED 208,000
- Monthly over 25 years at 3.7%
- AED 2,127
Plus AED 26,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →