Studio · 436 sqftFarishta Residence, Al Furjan · 1st floor · completed 2020

103, Farishta Residence

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

Unit 103 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 507K3 October 2017
Current rentAED 28K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Farishta Residence

What is 103 worth today?

Last sold for AED 507,477 in 2017

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1 Oct 2022RentedRenewal
AED 28,000/yr12 months · AED 54 per sqft
1 Oct 2021RentedRenewal
AED 25,000/yr12 months · AED 48 per sqft
1 Oct 2020RentedNew contract
AED 23,000/yr12 months · AED 45 per sqft
3 Oct 2017Sold by developerOff-plan
AED 507,477AED 1,164 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
1st of 12
Parking
B-3
Developer
Azizi Developments
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 507K · October 2017

About 103, Farishta Residence

103 is a studio of 436 sqft on the 1st floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 3 October 2017 for AED 507,477, or AED 1,164 per sqft, 12% below the AED 1,324 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 28,000 a year: a gross yield of 5.5% on the 2017 price, before the service charge of about AED 7,200 a year.

Sales and rents for 103 over time

Sales
Unit 103, 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, October 2017: AED 507,477 (AED 1,164 per sqft)

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

Rents
Unit 103, each contractTypical studio in Farishta Residence
20K30K40K2020202220242026Typical 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, October 2020: AED 23,000 a yearRenewal, October 2021: AED 25,000 a yearRenewal, October 2022: AED 28,000 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 103 sits

All 135 studios →

103 last sold in October 2017 at AED 1,164 per sqft, 12% below what studios in Farishta Residence were fetching at the time (AED 1,324). 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. 103's AED 28,000 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 56K /yr
Typical yield
9.0%
Farishta Residence, Al Furjan: prices, sales and rents →

Other units on the 1st floor

All 282 units in Farishta Residence
Value
1011-bedAED 799K · Sep 2022
1021-bedAED 842K · Feb 2024
104StudioAED 517K · Oct 2017
1051-bedAED 848K · May 2023
106StudioAED 520K · Dec 2017
1072-bedAED 1.12M · Feb 2024
1081-bedAED 890K · Apr 2025
1–7 of 17

103, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 3 October 2017 for AED 507,477, or AED 1,164 per sqft.
  • Rented since October 2020 on 3 Ejari contracts, from AED 23,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2017 price is 5.5%, before a service charge of about AED 7,200 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 October 2022.

Questions about 103, Farishta Residence

What did unit 103 last sell for?

AED 507,477 on 3 October 2017, sold by the developer: AED 1,164 per sqft for 436 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 28,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 25,000; the unit has been rented since October 2020.

How big is unit 103?

436 sqft (40.5 sqm): a studio on the 1st floor of a 12-storey tower completed in 2020.

What is unit 103 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 103, Farishta Residence

Starts from the last sale price (AED 507K, 3 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 507,477
Deposit, UAE resident (20%)
AED 101,495
Deposit, non-resident (40%)
AED 202,991
Monthly over 25 years at 3.7%
AED 2,076

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