Studio · 363 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

429, Farhad Azizi Residence

Sold prices and rental history: sold twice, last in October 2023, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 429 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 580K6 October 2023
Current rentAED 58K /yr5 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 429, Farhad Azizi Residence

What is 429 worth today?

Last sold for AED 580,000 in 2023

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5 Dec 2024RentedNew contract
AED 58,000/yr12 months · AED 160 per sqft
6 Oct 2023SoldReady
AED 580,000AED 1,597 per sqft
1 Sep 2019Sold by developerOff-plan
AED 573,600AED 1,579 per sqft

Source: Dubai Land Department. Updated 5 December 2024.

Key facts

Type
Studio apartment
Size
363 sqft
Parking
B-78
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,400 /yr
Last sold
AED 580K · October 2023

About 429, Farhad Azizi Residence

429 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 6 October 2023 for AED 580,000, or AED 1,597 per sqft, in line with the AED 1,597 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 December 2024. The current contract, signed on 5 December 2024, is AED 58,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 5,400 a year.

Sales and rents for 429 over time

Sales
Unit 429, 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, September 2019: AED 573,600 (AED 1,579 per sqft)Sold, October 2023: AED 580,000 (AED 1,597 per sqft)

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

Rents
Unit 429, each contractTypical studio in Farhad Azizi Residence
40K50K60K202220242026Typical rent by year: 2022 AED 42,500; 2023 AED 46,000; 2024 AED 51,505; 2025 AED 55,000; 2026 AED 56,000New contract, December 2024: AED 58,000 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 429 sits

All 377 studios →

429 last sold in October 2023 at AED 1,597 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,597). 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. 429's AED 58,000 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 →

429, Farhad Azizi Residence in numbers

  • Sold twice: first on 1 September 2019 for AED 573,600, last on 6 October 2023 for AED 580,000 (AED 1,597 per sqft).
  • Rented since December 2024 on one Ejari contract, at AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2023 price is 10.0%, 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: Dubai Land Department. Updated 5 December 2024.

Questions about 429, Farhad Azizi Residence

What did unit 429 last sell for?

AED 580,000 on 6 October 2023: AED 1,597 per sqft for 363 sqft. The unit has 2 registered sales; the first was AED 573,600 in September 2019.

What is the rent for unit 429?

AED 58,000 a year on the contract signed on 5 December 2024.

How big is unit 429?

363 sqft (33.7 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 429 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 429, Farhad Azizi Residence

Starts from the last sale price (AED 580K, 6 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

Plus AED 29,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →