1023, Farishta Residence
Sold prices and rental history: sold once, by the developer in May 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1023, Farishta Residence
What is 1023 worth today?
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Source: Dubai Land Department. Updated 13 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 380 sqft
- Floor
- 10th of 12
- Parking
- P2-77
- Developer
- Azizi Developments
- Completed
- 2020
- Service charge
- AED 6,300 /yr
- Last sold
- AED 448K · May 2022
- Building
- Farishta Residence
About 1023, Farishta Residence
1023 is a studio of 380 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 12 May 2022 for AED 447,720, or AED 1,177 per sqft, 4% above the AED 1,134 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 13 February 2026, is AED 36,383 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 6,300 a year.
Sales and rents for 1023 over time
1023 has sold once; the dashed line is the studio median of each year in the building.
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 1023 sits
All 135 studios →1023 last sold in May 2022 at AED 1,177 per sqft, 4% above what studios in Farishta Residence were fetching at the time (AED 1,134). 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. 1023's AED 36,383 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 377 sqft | 515,000 | 1,365 | ||
| 29 Oct 202629 October 2026 | 396 sqft | 500,000 | 1,261 | ||
| 16 Oct 202616 October 2026 | 381 sqft | 498,000 | 1,306 | ||
| 23 Jun 202623 June 2026 | 398 sqft | 430,000 | 1,079 |
Farishta Residence
Building282 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 56K /yr
- Typical yield
- 9.0%
Other units on the 10th floor
All 282 units in Farishta Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 800 sqft | AED 992KAED 991,791 · Oct 2017October 2017 | 62,000 /yr | |
| 1002 | 1-bed | 835 sqft | AED 1.03MAED 1,026,098 · Jun 2018June 2018 | 70,455 /yr | |
| 1003 | Studio | 384 sqft | AED 549KAED 548,780 · Jun 2018June 2018 | 30,000 /yr | |
| 1004 | Studio | 398 sqft | AED 526KAED 525,635 · Jun 2017June 2017 | 33,000 /yr | |
| 1005 | 1-bed | 781 sqft | AED 853KAED 853,000 · Jun 2025June 2025 | 49,680 /yr | |
| 1006 | Studio | 392 sqft | AED 538KAED 538,296 · Apr 2017April 2017 | 48,600 /yr | |
| 1007 | Studio | 398 sqft | AED 440KAED 440,000 · Apr 2024April 2024 | 48,000 /yr | |
| 1008 | 1-bed | 135 sqft | No registered sale | 62,000 /yr | |
| 1009 | Studio | 378 sqft | AED 512KAED 511,735 · Dec 2016December 2016 | 40,000 /yr | |
| 1010 | Studio | 380 sqft | AED 504KAED 503,937 · Apr 2017April 2017 | 30,000 /yr | |
| 1011 | 1-bed | 832 sqft | AED 530KAED 530,225 · Jun 2022June 2022 | 69,000 /yr | |
| 1012 | 1-bed | 769 sqft | AED 722KAED 721,600 · May 2022May 2022 | 54,632 /yr | |
| 1013 | 1-bed | 754 sqft | AED 773KAED 773,100 · Sep 2021September 2021 | 69,000 /yr | |
| 1014 | 1-bed | 612 sqft | AED 780KAED 780,000 · Nov 2025November 2025 | 65,000 /yr | |
| 1015 | Studio | 377 sqft | AED 427KAED 426,600 · Jan 2022January 2022 | 45,000 /yr | |
| 1016 | Studio | 396 sqft | AED 562KAED 561,667 · Oct 2017October 2017 | 41,000 /yr | |
| 1017 | 1-bed | 756 sqft | AED 1.07MAED 1,065,056 · Feb 2021February 2021 | ||
| 1018 | Studio | 376 sqft | AED 446KAED 445,918 · Mar 2020March 2020 | ||
| 1019 | Studio | 379 sqft | AED 500KAED 500,000 · Aug 2025August 2025 | 43,000 /yr | |
| 1020 | 1-bed | 881 sqft | AED 830KAED 830,000 · Jan 2025January 2025 | 60,000 /yr | |
| 1021 | Studio | 379 sqft | AED 536KAED 536,000 · Nov 2017November 2017 | 45,000 /yr | |
| 1022 | Studio | 381 sqft | AED 384KAED 383,600 · Mar 2022March 2022 | ||
| 1024 | 1-bed | 790 sqft | AED 686KAED 685,980 · Dec 2022December 2022 | ||
| 1025 | 2-bed | 1,227 sqft | AED 1.28MAED 1,280,000 · Nov 2024November 2024 |
1023, Farishta Residence in numbers
- Sold once: by Azizi Developments on 12 May 2022 for AED 447,720, or AED 1,177 per sqft.
- Rented since April 2021 on 5 Ejari contracts, from AED 22,000 to AED 36,383 a year.
- At AED 36,383 a year the gross yield on the 2022 price is 8.1%, before a service charge of about AED 6,300 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 13 February 2026.
Questions about 1023, Farishta Residence
What did unit 1023 last sell for?
AED 447,720 on 12 May 2022, sold by the developer: AED 1,177 per sqft for 380 sqft. It is the only registered sale of the unit.
What is the rent for unit 1023?
AED 36,383 a year on the contract renewed on 13 February 2026. The previous contract, from February 2025, was AED 34,650; the unit has been rented since April 2021.
How big is unit 1023?
380 sqft (35.3 sqm): a studio on the 10th floor of a 12-storey tower completed in 2020.
What is unit 1023 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 1023, Farishta Residence
Starts from the last sale price (AED 448K, 12 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 447,720
- Deposit, UAE resident (20%)
- AED 89,544
- Deposit, non-resident (40%)
- AED 179,088
- Monthly over 25 years at 3.7%
- AED 1,832
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →