1623, Farhad Azizi Residence
Sold prices and rental history: sold 3 times, last in July 2024, 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 1623, Farhad Azizi Residence
What is 1623 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 392 sqft
- Parking
- P2-200
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,800 /yr
- Last sold
- AED 708K · July 2024
- Building
- Farhad Azizi Residence
About 1623, Farhad Azizi Residence
1623 is a studio of 392 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 8 July 2024 for AED 708,400, or AED 1,805 per sqft, 6% above the AED 1,706 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 44,625 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 5,800 a year.
Sales and rents for 1623 over time
1623 has sold 3 times; 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 1623 sits
All 377 studios →1623 last sold in July 2024 at AED 1,805 per sqft, 6% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,706). 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. 1623's AED 44,625 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%
1623, Farhad Azizi Residence in numbers
- Sold 3 times: first on 21 June 2022 for AED 588,760, last on 8 July 2024 for AED 708,400 (AED 1,805 per sqft).
- Rented since January 2023 on 4 Ejari contracts, from AED 40,000 to AED 44,625 a year.
- At AED 44,625 a year the gross yield on the 2024 price is 6.3%, 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 1 January 2026.
Questions about 1623, Farhad Azizi Residence
What did unit 1623 last sell for?
AED 708,400 on 8 July 2024: AED 1,805 per sqft for 392 sqft. The unit has 3 registered sales; the first was AED 588,760 in June 2022.
What is the rent for unit 1623?
AED 44,625 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 42,500; the unit has been rented since January 2023.
How big is unit 1623?
392 sqft (36.4 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 1623 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 1623, Farhad Azizi Residence
Starts from the last sale price (AED 708K, 8 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 708,400
- Deposit, UAE resident (20%)
- AED 141,680
- Deposit, non-resident (40%)
- AED 283,360
- Monthly over 25 years at 3.7%
- AED 2,898
Plus AED 34,763 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →