Studio · 353 sqftFarhad Azizi Residence, Al Jadaf · completed 2022

840, Farhad Azizi Residence

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

Unit 840 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 576K10 September 2018
Current rentAED 50K /yr12 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 840, Farhad Azizi Residence

What is 840 worth today?

Last sold for AED 576,432 in 2018

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12 Nov 2024RentedNew contract
AED 50,000/yr12 months · AED 141 per sqft
17 Oct 2022RentedNew contract
AED 43,000/yr12 months · AED 121 per sqft
10 Sep 2018Sold by developerOff-plan
AED 576,432AED 1,632 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

Key facts

Type
Studio apartment
Size
353 sqft
Parking
B-204
Developer
Azizi Developments
Completed
2022
Service charge
AED 5,300 /yr
Last sold
AED 576K · September 2018

About 840, Farhad Azizi Residence

840 is a studio of 353 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 10 September 2018 for AED 576,432, or AED 1,632 per sqft, in line with the AED 1,634 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 12 November 2024, is AED 50,000 a year: a gross yield of 8.7% on the 2018 price, before the service charge of about AED 5,300 a year.

Sales and rents for 840 over time

Sales
Unit 840, each saleTypical studio in Farhad Azizi Residence
600K700K2017202020232026Typical 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, September 2018: AED 576,432 (AED 1,632 per sqft)

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

Rents
Unit 840, each contractTypical studio in Farhad Azizi Residence
50K202220242026Typical rent by year: 2022 AED 42,500; 2023 AED 46,000; 2024 AED 51,505; 2025 AED 55,000; 2026 AED 56,000New contract, October 2022: AED 43,000 a yearNew contract, November 2024: AED 50,000 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 840 sits

All 377 studios →

840 last sold in September 2018 at AED 1,632 per sqft, in line with what studios in Farhad Azizi Residence were fetching at the time (AED 1,634). 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. 840's AED 50,000 is in the lower half 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 →

840, Farhad Azizi Residence in numbers

  • Sold once: by Azizi Developments on 10 September 2018 for AED 576,432, or AED 1,632 per sqft.
  • Rented since October 2022 on 2 Ejari contracts, from AED 43,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 8.7%, before a service charge of about AED 5,300 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: Dubai Land Department. Updated 12 November 2024.

Questions about 840, Farhad Azizi Residence

What did unit 840 last sell for?

AED 576,432 on 10 September 2018, sold by the developer: AED 1,632 per sqft for 353 sqft. It is the only registered sale of the unit.

What is the rent for unit 840?

AED 50,000 a year on the contract signed on 12 November 2024. The previous contract, from October 2022, was AED 43,000.

How big is unit 840?

353 sqft (32.8 sqm): a studio of a 17-storey tower completed in 2022.

What is unit 840 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 840, Farhad Azizi Residence

Starts from the last sale price (AED 576K, 10 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 576,432
Deposit, UAE resident (20%)
AED 115,286
Deposit, non-resident (40%)
AED 230,573
Monthly over 25 years at 3.7%
AED 2,358

Plus AED 29,220 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →