506, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in October 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Farhad Azizi Residence
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 352 sqft
- Parking
- B-92
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,200 /yr
- Last sold
- AED 962K · October 2023
- Building
- Farhad Azizi Residence
About 506, Farhad Azizi Residence
506 is a studio of 352 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 15 October 2023 for AED 961,600, or AED 2,735 per sqft, 69% above the AED 1,614 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 18 April 2025, is AED 60,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 5,200 a year.
Sales and rents for 506 over time
506 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 506 sits
All 377 studios →506 last sold in October 2023 at AED 2,735 per sqft, 69% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,614). 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. 506's AED 60,000 is in the upper 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%
506, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 15 October 2023 for AED 961,600, or AED 2,735 per sqft.
- Rented since March 2024 on 2 Ejari contracts, from AED 58,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 5,200 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 18 April 2025.
Questions about 506, Farhad Azizi Residence
What did unit 506 last sell for?
AED 961,600 on 15 October 2023, sold by the developer: AED 2,735 per sqft for 352 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 60,000 a year on the contract signed on 18 April 2025. The previous contract, from March 2024, was AED 58,000.
How big is unit 506?
352 sqft (32.7 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 506 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 506, Farhad Azizi Residence
Starts from the last sale price (AED 962K, 15 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 961,600
- Deposit, UAE resident (20%)
- AED 192,320
- Deposit, non-resident (40%)
- AED 384,640
- Monthly over 25 years at 3.7%
- AED 3,934
Plus AED 45,397 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →