Studio · 367 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

503, Farhad Azizi Residence

Sold prices and rental history: sold twice, last in February 2023, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 520K6 February 2023
Current rentAED 55K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Farhad Azizi Residence

What is 503 worth today?

Last sold for AED 520,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2025RentedNew contract
AED 55,000/yr12 months · AED 150 per sqft
6 Feb 2023SoldReady
AED 520,000AED 1,417 per sqft
30 Jun 2022Sold by developerOff-plan
AED 491,250AED 1,339 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
367 sqft
Parking
B-89
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,500 /yr
Last sold
AED 520K · February 2023

About 503, Farhad Azizi Residence

503 is a studio of 367 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 6 February 2023 for AED 520,000, or AED 1,417 per sqft, 5% below the AED 1,491 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2025. The current contract, signed on 1 September 2025, is AED 55,000 a year: a gross yield of 10.6% on the 2023 price, before the service charge of about AED 5,500 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical studio in Farhad Azizi Residence
600K2017202020232026Typical 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, June 2022: AED 491,250 (AED 1,339 per sqft)Sold, February 2023: AED 520,000 (AED 1,417 per sqft)

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

Rents
Unit 503, each contractTypical studio in Farhad Azizi Residence
50K202220242026Typical rent by year: 2022 AED 42,500; 2023 AED 46,000; 2024 AED 51,505; 2025 AED 55,000; 2026 AED 56,000New contract, September 2025: AED 55,000 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 503 sits

All 377 studios →

503 last sold in February 2023 at AED 1,417 per sqft, 5% below 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. 503's AED 55,000 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 →

503, Farhad Azizi Residence in numbers

  • Sold twice: first on 30 June 2022 for AED 491,250, last on 6 February 2023 for AED 520,000 (AED 1,417 per sqft).
  • Rented since September 2025 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 10.6%, before a service charge of about AED 5,500 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 2025.

Questions about 503, Farhad Azizi Residence

What did unit 503 last sell for?

AED 520,000 on 6 February 2023: AED 1,417 per sqft for 367 sqft. The unit has 2 registered sales; the first was AED 491,250 in June 2022.

What is the rent for unit 503?

AED 55,000 a year on the contract signed on 1 September 2025.

How big is unit 503?

367 sqft (34.1 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 503 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.

Selling 503? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 503, Farhad Azizi Residence

Starts from the last sale price (AED 520K, 6 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

Plus AED 26,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →