Studio · 316 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

815, 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 815 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 503K1 July 2022
Current rentAED 42K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 815, Farhad Azizi Residence

What is 815 worth today?

Last sold for AED 503,240 in 2022

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1 Dec 2023RentedRenewal
AED 42,000/yr12 months · AED 135 per sqft
1 Dec 2022RentedNew contract
AED 37,000/yr12 months · AED 119 per sqft
1 Jul 2022Sold by developerOff-plan
AED 503,240AED 1,591 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.

Key facts

Type
Studio apartment
Size
316 sqft
Parking
B-188
Developer
Azizi Developments
Completed
2022
Service charge
AED 4,700 /yr
Last sold
AED 503K · July 2022

About 815, Farhad Azizi Residence

815 is a studio of 316 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 503,240, or AED 1,591 per sqft, 7% above the AED 1,492 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 42,000 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 4,700 a year.

Sales and rents for 815 over time

Sales
Unit 815, each saleTypical studio in Farhad Azizi Residence
500K600K700K2017202020232026Typical sale price by year: 2017 AED 594,141; 2018 AED 579,845; 2019 AED 574,994; 2020 AED 539,150; 2021 AED 542,380; 2022 AED 547,504; 2023 AED 580,000; 2024 AED 665,000; 2025 AED 650,000; 2026 AED 715,000Sold by developer, July 2022: AED 503,240 (AED 1,591 per sqft)

815 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 815, each contractTypical studio in Farhad Azizi Residence
40K50K202220242026Typical rent by year: 2022 AED 42,500; 2023 AED 46,000; 2024 AED 51,505; 2025 AED 55,000; 2026 AED 56,000New contract, December 2022: AED 37,000 a yearRenewal, December 2023: AED 42,000 a year

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 815 sits

All 377 studios →

815 last sold in July 2022 at AED 1,591 per sqft, 7% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,492). 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. 815's AED 42,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 2026700,000
5 Feb 2026750,000
27 Jan 2026715,000
21 Jan 2026655,000
14 studio 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 →

815, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 1 July 2022 for AED 503,240, or AED 1,591 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, from AED 37,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2022 price is 8.3%, before a service charge of about AED 4,700 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: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.

Questions about 815, Farhad Azizi Residence

What did unit 815 last sell for?

AED 503,240 on 1 July 2022, sold by the developer: AED 1,591 per sqft for 316 sqft. It is the only registered sale of the unit.

What is the rent for unit 815?

AED 42,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 37,000.

How big is unit 815?

316 sqft (29.4 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 815 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 815, Farhad Azizi Residence

Starts from the last sale price (AED 503K, 1 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 503,240
Deposit, UAE resident (20%)
AED 100,648
Deposit, non-resident (40%)
AED 201,296
Monthly over 25 years at 3.7%
AED 2,059

Plus AED 26,146 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →