1-bed · 755 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

631, Farhad Azizi Residence

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

Unit 631 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 854K1 July 2022
Current rentAED 83K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 631, Farhad Azizi Residence

What is 631 worth today?

Last sold for AED 854,250 in 2022

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5 Nov 2024RentedRenewal
AED 83,000/yr12 months · AED 110 per sqft
5 Nov 2023RentedNew contract
AED 83,000/yr12 months · AED 110 per sqft
15 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 86 per sqft
1 Jul 2022Sold by developerOff-plan
AED 854,250AED 1,131 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2024.

Key facts

Type
1-bed apartment
Size
755 sqft
Parking
P1-111
Developer
Azizi Developments
Completed
2022
Service charge
AED 11,200 /yr
Last sold
AED 854K · July 2022

About 631, Farhad Azizi Residence

631 is a one-bedroom apartment of 755 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 1 July 2022 for AED 854,250, or AED 1,131 per sqft, 8% below the AED 1,225 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 5 November 2024, is AED 83,000 a year: a gross yield of 9.7% on the 2022 price, before the service charge of about AED 11,200 a year.

Sales and rents for 631 over time

Sales
Unit 631, 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, July 2022: AED 854,250 (AED 1,131 per sqft)

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

Rents
Unit 631, 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, November 2022: AED 65,000 a yearNew contract, November 2023: AED 83,000 a yearRenewal, November 2024: AED 83,000 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 631 sits

All 205 1-beds →

631 last sold in July 2022 at AED 1,131 per sqft, 8% below what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,225). 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. 631's AED 83,000 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 →

631, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 1 July 2022 for AED 854,250, or AED 1,131 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 65,000 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2022 price is 9.7%, before a service charge of about AED 11,200 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 5 November 2024.

Questions about 631, Farhad Azizi Residence

What did unit 631 last sell for?

AED 854,250 on 1 July 2022, sold by the developer: AED 1,131 per sqft for 755 sqft. It is the only registered sale of the unit.

What is the rent for unit 631?

AED 83,000 a year on the contract renewed on 5 November 2024. The previous contract, from November 2023, was AED 83,000; the unit has been rented since November 2022.

How big is unit 631?

755 sqft (70.1 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 631 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 631, Farhad Azizi Residence

Starts from the last sale price (AED 854K, 1 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 854,250
Deposit, UAE resident (20%)
AED 170,850
Deposit, non-resident (40%)
AED 341,700
Monthly over 25 years at 3.7%
AED 3,495

Plus AED 40,889 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →