505, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Farhad Azizi Residence
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 382 sqft
- Parking
- B-91
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,700 /yr
- Last sold
- AED 689K · June 2022
- Building
- Farhad Azizi Residence
About 505, Farhad Azizi Residence
505 is a studio of 382 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 20 June 2022 for AED 688,800, or AED 1,803 per sqft, 14% above the AED 1,577 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 50,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 5,700 a year.
Sales and rents for 505 over time
505 has sold once; 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 505 sits
All 377 studios →505 last sold in June 2022 at AED 1,803 per sqft, 14% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,577). 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. 505's AED 50,000 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%
505, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 20 June 2022 for AED 688,800, or AED 1,803 per sqft.
- Rented since November 2022 on 3 Ejari contracts, from AED 45,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 5,700 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 1 November 2024.
Questions about 505, Farhad Azizi Residence
What did unit 505 last sell for?
AED 688,800 on 20 June 2022, sold by the developer: AED 1,803 per sqft for 382 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 50,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 47,000; the unit has been rented since November 2022.
How big is unit 505?
382 sqft (35.5 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 505 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 505, Farhad Azizi Residence
Starts from the last sale price (AED 689K, 20 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 688,800
- Deposit, UAE resident (20%)
- AED 137,760
- Deposit, non-resident (40%)
- AED 275,520
- Monthly over 25 years at 3.7%
- AED 2,818
Plus AED 33,940 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →