2-bed · 1,098 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

502, Farhad Azizi Residence

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 1.88M15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Farhad Azizi Residence

What is 502 worth today?

Last sold for AED 1,880,000 in 2024

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15 Mar 2024SoldReady
AED 1,880,000AED 1,711 per sqft
29 Jan 2018Sold by developerOff-plan
AED 1,612,575AED 1,468 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
2-bed apartment
Size
1,098 sqft
Parking
P1-05
Developer
Azizi Developments
Completed
2022
Service charge
AED 16,400 /yr
Last sold
AED 1.88M · March 2024

About 502, Farhad Azizi Residence

502 is a two-bedroom apartment of 1,098 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 15 March 2024 for AED 1,880,000, or AED 1,711 per sqft, 24% below the AED 2,257 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Farhad Azizi Residence
1.5M2M2.5M2017201920212023Typical sale price by year: 2017 AED 1,668,768; 2019 AED 1,984,101; 2022 AED 1,581,300; 2023 AED 2,494,080Sold by developer, January 2018: AED 1,612,575 (AED 1,468 per sqft)Sold, March 2024: AED 1,880,000 (AED 1,711 per sqft)

502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 502, each contractTypical two-bed in Farhad Azizi Residence
100K110K20222023202420252026Typical rent by year: 2022 AED 95,000; 2023 AED 107,500; 2024 AED 102,366; 2025 AED 115,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Farhad Azizi Residence, and where 502 sits

All 19 2-beds →

502 last sold in March 2024 at AED 1,711 per sqft, 24% below what two-beds in Farhad Azizi Residence were fetching at the time (AED 2,257).

Recent 2-bed salesUnit no.Price (AED)Summary
13 May 20254,943,000
15 Nov 20241,900,000
28 Sep 20232,577,900
14 Aug 20231,700,000
0 2-bed 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 →

502, Farhad Azizi Residence in numbers

  • Sold twice: first on 29 January 2018 for AED 1,612,575, last on 15 March 2024 for AED 1,880,000 (AED 1,711 per sqft).

Source: Dubai Land Department. Updated 15 March 2024.

Questions about 502, Farhad Azizi Residence

What did unit 502 last sell for?

AED 1,880,000 on 15 March 2024: AED 1,711 per sqft for 1,098 sqft. The unit has 2 registered sales; the first was AED 1,612,575 in January 2018.

How big is unit 502?

1,098 sqft (102.0 sqm): a two-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 502, Farhad Azizi Residence

Starts from the last sale price (AED 1.88M, 15 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,880,000
Deposit, UAE resident (20%)
AED 376,000
Deposit, non-resident (40%)
AED 752,000
Monthly over 25 years at 3.7%
AED 7,692

Plus AED 83,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →