223, Farhad Azizi Residence
Sold prices and rental history: sold twice, last in July 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 223, Farhad Azizi Residence
What is 223 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 353 sqft
- Parking
- B-20
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,300 /yr
- Last sold
- AED 560K · July 2023
- Building
- Farhad Azizi Residence
About 223, Farhad Azizi Residence
223 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 20 July 2023 for AED 560,000, or AED 1,587 per sqft, 3% above the AED 1,534 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 September 2024, is AED 51,000 a year: a gross yield of 9.1% on the 2023 price, before the service charge of about AED 5,300 a year.
Sales and rents for 223 over time
223 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 223 sits
All 377 studios →223 last sold in July 2023 at AED 1,587 per sqft, 3% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,534). 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. 223's AED 51,000 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%
223, Farhad Azizi Residence in numbers
- Sold twice: first on 26 April 2018 for AED 575,656, last on 20 July 2023 for AED 560,000 (AED 1,587 per sqft).
- Rented since October 2022 on 3 Ejari contracts, from AED 40,000 to AED 51,000 a year.
- At AED 51,000 a year the gross yield on the 2023 price is 9.1%, 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 1 September 2024.
Questions about 223, Farhad Azizi Residence
What did unit 223 last sell for?
AED 560,000 on 20 July 2023: AED 1,587 per sqft for 353 sqft. The unit has 2 registered sales; the first was AED 575,656 in April 2018.
What is the rent for unit 223?
AED 51,000 a year on the contract signed on 1 September 2024. The previous contract, from November 2023, was AED 50,000; the unit has been rented since October 2022.
How big is unit 223?
353 sqft (32.8 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 223 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 223, Farhad Azizi Residence
Starts from the last sale price (AED 560K, 20 July 2023). 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 →