1-bed · 742 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

701, Farhad Azizi Residence

Sold prices and rental history: sold once, by the developer in January 2022, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 22 March 2023
Last soldAED 895K31 January 2022
Current rentAED 68K /yr22 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Farhad Azizi Residence

What is 701 worth today?

Last sold for AED 894,740 in 2022

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22 Mar 2023RentedNew contract
AED 68,000/yr12 months · AED 92 per sqft
31 Jan 2022Sold by developerOff-plan
AED 894,740AED 1,205 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 March 2023.

Key facts

Type
1-bed apartment
Size
742 sqft
Parking
P1-116
Developer
Azizi Developments
Completed
2022
Service charge
AED 11,100 /yr
Last sold
AED 895K · January 2022

About 701, Farhad Azizi Residence

701 is a one-bedroom apartment of 742 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 31 January 2022 for AED 894,740, or AED 1,205 per sqft, in line with the AED 1,197 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 March 2023. The current contract, signed on 22 March 2023, is AED 68,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 11,100 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, January 2022: AED 894,740 (AED 1,205 per sqft)

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

Rents
Unit 701, 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, March 2023: AED 68,000 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 701 sits

All 205 1-beds →

701 last sold in January 2022 at AED 1,205 per sqft, in line with what one-beds in Farhad Azizi Residence were fetching at the time (AED 1,197). 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. 701's AED 68,000 is at the bottom 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 →

701, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 31 January 2022 for AED 894,740, or AED 1,205 per sqft.
  • Rented since March 2023 on one Ejari contract, at AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 11,100 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 22 March 2023.

Questions about 701, Farhad Azizi Residence

What did unit 701 last sell for?

AED 894,740 on 31 January 2022, sold by the developer: AED 1,205 per sqft for 742 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 68,000 a year on the contract signed on 22 March 2023.

How big is unit 701?

742 sqft (68.9 sqm): a one-bedroom apartment of a 17-storey tower completed in 2022.

What is unit 701 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 701, Farhad Azizi Residence

Starts from the last sale price (AED 895K, 31 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 894,740
Deposit, UAE resident (20%)
AED 178,948
Deposit, non-resident (40%)
AED 357,896
Monthly over 25 years at 3.7%
AED 3,661

Plus AED 42,589 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →