Project · Transactions · 2023

Farhad Azizi Residence Property Transactions 2023

86 property sales worth ⃃ 78.21M were registered in Farhad Azizi Residence in 2023, 73.5% lower than 2022 by number of sales. The median sale price was ⃃ 689,770 and the median price per square foot ⃃ 1,604 (+17.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 86 salesUpdated: 13 Nov 2026
Property sales
86
−73.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 78.21M
−67.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 689,770
−5.2% vs 2022
86 sales
Median price per sq ft
⃃ 1,604
+17.9% vs 2022
86 sales

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)1214%⃃ 17.24M⃃ 1,076,500⃃ 2,062
Resale (secondary)7486%⃃ 60.97M⃃ 637,080⃃ 1,598
Ready86100%⃃ 78.21M⃃ 689,770⃃ 1,604

How many rental contracts were registered in Farhad Azizi Residence in 2023?

383 rental contracts (new and renewed) were registered in Farhad Azizi Residence in 2023, at a median annual rent of ⃃ 50,000 (+4.2% on 2022). Rental yields in Farhad Azizi Residence

What were the most expensive property sales in Farhad Azizi Residence in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
18/05/2023Farhad Azizi Residence2 beds · Apartment1,518 sq ft⃃ 3,707,250Primary · Ready
27/07/2023Farhad Azizi Residence3 beds · Apartment2,723 sq ft⃃ 2,803,500Primary · Ready
28/09/2023Farhad Azizi Residence2 beds · Apartment1,098 sq ft⃃ 2,577,900Resale · Ready
11/05/2023Farhad Azizi Residence2 beds · Apartment1,068 sq ft⃃ 2,410,260Resale · Ready
20/02/2023Farhad Azizi Residence1 bed · Apartment763 sq ft⃃ 2,039,780Resale · Ready
04/09/2023Farhad Azizi Residence1 bed · Apartment705 sq ft⃃ 1,976,000Resale · Ready
06/11/2023Farhad Azizi Residence1 bed · Apartment723 sq ft⃃ 1,899,200Resale · Ready
14/08/2023Farhad Azizi Residence2 beds · Apartment1,089 sq ft⃃ 1,700,000Primary · Ready
19/05/2023Farhad Azizi Residence1 bed · Apartment739 sq ft⃃ 1,695,920Primary · Ready
09/05/2023Farhad Azizi Residence1 bed · Apartment732 sq ft⃃ 1,200,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
25/12/2023Farhad Azizi ResidenceStudio · Apartment392 sq ft⃃ 530,000Resale · Ready
20/12/2023Farhad Azizi ResidenceStudio · Apartment393 sq ft⃃ 540,000Resale · Ready
19/12/2023Farhad Azizi ResidenceStudio · Apartment392 sq ft⃃ 640,000Resale · Ready
19/12/2023Farhad Azizi ResidenceStudio · Apartment349 sq ft⃃ 530,000Resale · Ready
13/12/2023Farhad Azizi ResidenceStudio · Apartment392 sq ft⃃ 630,800Resale · Ready
11/12/2023Farhad Azizi Residence1 bed · Apartment691 sq ft⃃ 1,150,000Resale · Ready
11/12/2023Farhad Azizi ResidenceStudio · Apartment353 sq ft⃃ 580,000Resale · Ready
06/12/2023Farhad Azizi Residence1 bed · Apartment742 sq ft⃃ 1,126,500Resale · Ready
06/12/2023Farhad Azizi ResidenceStudio · Apartment392 sq ft⃃ 631,000Resale · Ready
05/12/2023Farhad Azizi ResidenceStudio · Apartment392 sq ft⃃ 632,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/farhad-azizi-residence/2023
Farhad Azizi Residence Property Transactions 2023. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/farhad-azizi-residence/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Farhad Azizi Residence in 2023?
86 property sales worth ⃃ 78,212,625 were registered in Farhad Azizi Residence in 2023. That is 73.5% lower than 2022.
What was the median property price in Farhad Azizi Residence in 2023?
The median sale price was ⃃ 689,770 and the median price per square foot ⃃ 1,604 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Farhad Azizi Residence were off-plan or from developers?
Developer (primary) sales were 14% of the 86 sales and resales 86%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/farhad-azizi-residence/2023