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Studio · 384 sqftFarishta Residence, Al Furjan · 10th floor · completed 2020

1003, Farishta Residence

Sold prices and rental history: sold once, by the developer in June 2018, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 25 December 2021
Last soldAED 549K6 June 2018
Current rentAED 30K /yr25 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1003, Farishta Residence

What is 1003 worth today?

Last sold for AED 548,780 in 2018

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25 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 77 per sqft
6 Jun 2018Sold by developerOff-plan
AED 548,780AED 1,429 per sqft

Source: Dubai Land Department. Updated 25 December 2021.

Key facts

Type
Studio apartment
Size
384 sqft
Floor
10th of 12
Parking
P2-55
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,400 /yr
Last sold
AED 549K · June 2018
Building
Farishta Residence

About 1003, Farishta Residence

1003 is a studio of 384 sqft on the 10th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 6 June 2018 for AED 548,780, or AED 1,429 per sqft, 7% above the AED 1,340 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 December 2021. The current contract, signed on 25 December 2021, is AED 30,000 a year: a gross yield of 5.5% on the 2018 price, before the service charge of about AED 6,400 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical studio in Farishta Residence
400K500K2017202020232026Typical sale price by year: 2017 AED 514,311; 2018 AED 522,741; 2019 AED 464,682; 2020 AED 445,918; 2021 AED 443,730; 2022 AED 399,000; 2023 AED 405,000; 2024 AED 437,250; 2025 AED 490,000; 2026 AED 499,000Sold by developer, June 2018: AED 548,780 (AED 1,429 per sqft)

1003 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1003, each contractTypical studio in Farishta Residence
30K40K2020202220242026Typical rent by year: 2020 AED 24,000; 2021 AED 24,000; 2022 AED 30,000; 2023 AED 35,700; 2024 AED 42,000; 2025 AED 45,000; 2026 AED 45,000New contract, December 2021: AED 30,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Farishta Residence, and where 1003 sits

All 135 studios →

1003 last sold in June 2018 at AED 1,429 per sqft, 7% above what studios in Farishta Residence were fetching at the time (AED 1,340). Over the last 12 months studios sold for AED 430,000 to 520,000, around AED 1,283 per sqft, and rent for AED 34,728 to 74,400 a year. 1003's AED 30,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026515,000
29 Oct 2026500,000
16 Oct 2026498,000
23 Jun 2026430,000
10 studio sales in the last 12 months

Farishta Residence

Building

282 apartments, studios to 2-bed over 12 floors in Al Furjan, completed in 2020 by Azizi Developments. 22 sold in the last 12 months.

Typical price per sqft
AED 1,091 Down 1.5%
Typical sale
AED 690K
Typical rent
AED 57K /yr
Typical yield
8.9%
Farishta Residence, Al Furjan: prices, sales and rents →

Other units on the 10th floor

All 282 units in Farishta Residence
Value
10011-bedAED 992K · Oct 2017
10021-bedAED 1.03M · Jun 2018
1004StudioAED 526K · Jun 2017
10051-bedAED 853K · Jun 2025
1006StudioAED 538K · Apr 2017
1007StudioAED 440K · Apr 2024
10081-bedNo registered sale
1–7 of 24

1003, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 6 June 2018 for AED 548,780, or AED 1,429 per sqft.
  • Rented since December 2021 on one Ejari contract, at AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2018 price is 5.5%, before a service charge of about AED 6,400 a year (AED 16.56 per sqft).
  • Studios in Farishta Residence sold for AED 430,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 1,091 per sqft.

Source: Dubai Land Department. Updated 25 December 2021.

Questions about 1003, Farishta Residence

What did unit 1003 last sell for?

AED 548,780 on 6 June 2018, sold by the developer: AED 1,429 per sqft for 384 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 30,000 a year on the contract signed on 25 December 2021.

How big is unit 1003?

384 sqft (35.7 sqm): a studio on the 10th floor of a 12-storey tower completed in 2020.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Farishta Residence sold for AED 430,000 to 520,000 in the last 12 months, around AED 1,283 per sqft.

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Mortgage on 1003, Farishta Residence

Starts from the last sale price (AED 549K, 6 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 548,780
Deposit, UAE resident (20%)
AED 109,756
Deposit, non-resident (40%)
AED 219,512
Monthly over 25 years at 3.7%
AED 2,245

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →