Studio · 398 sqftFarishta Residence, Al Furjan · 10th floor · completed 2020

1004, Farishta Residence

Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 526K28 June 2017
Current rentAED 33K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Farishta Residence

What is 1004 worth today?

Last sold for AED 525,635 in 2017

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1 Sep 2024RentedRenewal
AED 33,000/yr12 months · AED 83 per sqft
1 Sep 2022RentedRenewal
AED 27,600/yr12 months · AED 69 per sqft
1 Sep 2021RentedRenewal
AED 24,000/yr12 months · AED 60 per sqft
1 Sep 2020RentedNew contract
AED 24,000/yr12 months · AED 60 per sqft
28 Jun 2017Sold by developerOff-plan
AED 525,635AED 1,319 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
10th of 12
Parking
P2-56
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 526K · June 2017

About 1004, Farishta Residence

1004 is a studio of 398 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 28 June 2017 for AED 525,635, or AED 1,319 per sqft, in line with the AED 1,325 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 33,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, 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 2017: AED 525,635 (AED 1,319 per sqft)

1004 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1004, 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, September 2020: AED 24,000 a yearRenewal, September 2021: AED 24,000 a yearRenewal, September 2022: AED 27,600 a yearRenewal, September 2024: AED 33,000 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 1004 sits

All 135 studios →

1004 last sold in June 2017 at AED 1,319 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,325). 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. 1004's AED 33,000 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
1003StudioAED 549K · Jun 2018
10051-bedAED 853K · Jun 2025
1006StudioAED 538K · Apr 2017
1007StudioAED 440K · Apr 2024
10081-bedNo registered sale
1–7 of 24

1004, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 28 June 2017 for AED 525,635, or AED 1,319 per sqft.
  • Rented since September 2020 on 4 Ejari contracts, from AED 24,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 6,600 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 1 September 2024.

Questions about 1004, Farishta Residence

What did unit 1004 last sell for?

AED 525,635 on 28 June 2017, sold by the developer: AED 1,319 per sqft for 398 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 33,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2022, was AED 27,600; the unit has been rented since September 2020.

How big is unit 1004?

398 sqft (37.0 sqm): a studio on the 10th floor of a 12-storey tower completed in 2020.

What is unit 1004 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 1004, Farishta Residence

Starts from the last sale price (AED 526K, 28 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 525,635
Deposit, UAE resident (20%)
AED 105,127
Deposit, non-resident (40%)
AED 210,254
Monthly over 25 years at 3.7%
AED 2,151

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