1-bed · 656 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

621, Farhad Azizi Residence

Sold prices and rental history: sold once, by the developer in March 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 621 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 1.04M4 March 2018
Current rentAED 70K /yr12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 621, Farhad Azizi Residence

What is 621 worth today?

Last sold for AED 1,039,242 in 2018

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12 Dec 2024RentedRenewal
AED 70,000/yr12 months · AED 107 per sqft
12 Dec 2023RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
12 Dec 2022RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
4 Mar 2018Sold by developerOff-plan
AED 1,039,242AED 1,585 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2024.

Key facts

Type
1-bed apartment
Size
656 sqft
Parking
P1-106
Developer
Azizi Developments
Completed
2022
Service charge
AED 9,800 /yr
Last sold
AED 1.04M · March 2018

About 621, Farhad Azizi Residence

621 is a one-bedroom apartment of 656 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 4 March 2018 for AED 1,039,242, or AED 1,585 per sqft, 3% above the AED 1,535 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 12 December 2024, is AED 70,000 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 9,800 a year.

Sales and rents for 621 over time

Sales
Unit 621, each saleTypical one-bed in Farhad Azizi Residence
800K1M1.2M2017202020232026Typical sale price by year: 2017 AED 1,097,502; 2018 AED 1,045,780; 2019 AED 1,045,429; 2020 AED 824,160; 2021 AED 825,215; 2022 AED 897,175; 2023 AED 1,075,000; 2024 AED 1,182,500; 2025 AED 1,250,000Sold by developer, March 2018: AED 1,039,242 (AED 1,585 per sqft)

621 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 621, each contractTypical one-bed in Farhad Azizi Residence
70K80K202220242026Typical rent by year: 2022 AED 67,000; 2023 AED 70,000; 2024 AED 77,088; 2025 AED 81,000; 2026 AED 85,000New contract, December 2022: AED 70,000 a yearNew contract, December 2023: AED 70,000 a yearRenewal, December 2024: AED 70,000 a year

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

1-beds in Farhad Azizi Residence, and where 621 sits

All 205 1-beds →

621 last sold in March 2018 at AED 1,585 per sqft, 3% above what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,535). Over the last 12 months one-beds sold for AED 1,175,000 to 1,300,000, around AED 1,710 per sqft, and rent for AED 69,300 to 102,000 a year. 621's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Dec 20251,230,000
21 Jul 20251,200,000
17 Jun 20251,350,000
27 May 20251,200,000
3 1-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 →

621, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 4 March 2018 for AED 1,039,242, or AED 1,585 per sqft.
  • Rented since December 2022 on 3 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2018 price is 6.7%, before a service charge of about AED 9,800 a year (AED 14.89 per sqft).
  • One-beds in Farhad Azizi Residence sold for AED 1,175,000–1,300,000 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 12 December 2024.

Questions about 621, Farhad Azizi Residence

What did unit 621 last sell for?

AED 1,039,242 on 4 March 2018, sold by the developer: AED 1,585 per sqft for 656 sqft. It is the only registered sale of the unit.

What is the rent for unit 621?

AED 70,000 a year on the contract renewed on 12 December 2024. The previous contract, from December 2023, was AED 70,000; the unit has been rented since December 2022.

How big is unit 621?

656 sqft (60.9 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 621 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Farhad Azizi Residence sold for AED 1,175,000 to 1,300,000 in the last 12 months, around AED 1,710 per sqft.

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Mortgage on 621, Farhad Azizi Residence

Starts from the last sale price (AED 1.04M, 4 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,039,242
Deposit, UAE resident (20%)
AED 207,848
Deposit, non-resident (40%)
AED 415,697
Monthly over 25 years at 3.7%
AED 4,252

Plus AED 48,658 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →