Studio · 353 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

215, Farhad Azizi Residence

Sold prices and rental history: sold twice, last in January 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 10 November 2023
Last soldAED 576K16 January 2023
Current rentAED 50K /yr10 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Farhad Azizi Residence

What is 215 worth today?

Last sold for AED 576,000 in 2023

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10 Nov 2023RentedNew contract
AED 50,000/yr12 months · AED 142 per sqft
10 Apr 2023RentedNew contract
AED 42,000/yr12 months · AED 118 per sqft
16 Jan 2023SoldReady
AED 576,000AED 1,631 per sqft
21 Nov 2017Sold by developerOff-plan
AED 576,000AED 1,631 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2023.

Key facts

Type
Studio apartment
Size
353 sqft
Parking
B-17
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,300 /yr
Last sold
AED 576K · January 2023

About 215, Farhad Azizi Residence

215 is a studio of 353 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 16 January 2023 for AED 576,000, or AED 1,631 per sqft, 9% above the AED 1,491 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 10 November 2023, is AED 50,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 5,300 a year.

Sales and rents for 215 over time

Sales
Unit 215, 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, November 2017: AED 576,000 (AED 1,631 per sqft)Sold, January 2023: AED 576,000 (AED 1,631 per sqft)

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

Rents
Unit 215, each contractTypical studio in Farhad Azizi Residence
40K50K202220242026Typical rent by year: 2022 AED 42,500; 2023 AED 46,000; 2024 AED 51,505; 2025 AED 55,000; 2026 AED 56,000New contract, April 2023: AED 42,000 a yearNew contract, November 2023: AED 50,000 a year

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 215 sits

All 377 studios →

215 last sold in January 2023 at AED 1,631 per sqft, 9% above 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. 215's AED 50,000 is in the lower half of that range.

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 →

215, Farhad Azizi Residence in numbers

  • Sold twice: first on 21 November 2017 for AED 576,000, last on 16 January 2023 for AED 576,000 (AED 1,631 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, from AED 42,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 5,300 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 10 November 2023.

Questions about 215, Farhad Azizi Residence

What did unit 215 last sell for?

AED 576,000 on 16 January 2023: AED 1,631 per sqft for 353 sqft. The unit has 2 registered sales; the first was AED 576,000 in November 2017.

What is the rent for unit 215?

AED 50,000 a year on the contract signed on 10 November 2023. The previous contract, from April 2023, was AED 42,000.

How big is unit 215?

353 sqft (32.8 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 215 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 215, Farhad Azizi Residence

Starts from the last sale price (AED 576K, 16 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 576,000
Deposit, UAE resident (20%)
AED 115,200
Deposit, non-resident (40%)
AED 230,400
Monthly over 25 years at 3.7%
AED 2,357

Plus AED 29,202 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →