1118, Farishta Residence
Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1118, Farishta Residence
What is 1118 worth today?
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Source: Dubai Land Department. Updated 19 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 376 sqft
- Floor
- 11th of 12
- Parking
- P1-96
- Developer
- Azizi Developments
- Completed
- 2020
- Service charge
- AED 6,200 /yr
- Last sold
- AED 546K · December 2017
- Building
- Farishta Residence
About 1118, Farishta Residence
1118 is a studio of 376 sqft on the 11th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 12 December 2017 for AED 546,099, or AED 1,452 per sqft, 9% above the AED 1,328 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 19 July 2026, is AED 40,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 6,200 a year.
Sales and rents for 1118 over time
1118 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 1118 sits
All 135 studios →1118 last sold in December 2017 at AED 1,452 per sqft, 9% above what studios in Farishta Residence were fetching at the time (AED 1,328). 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. 1118's AED 40,000 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 57K /yr
- Typical yield
- 8.9%
Other units on the 11th floor
All 282 units in Farishta Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 799 sqft | AED 610KAED 610,000 · Aug 2023August 2023 | 62,000 /yr | |
| 1102 | 1-bed | 835 sqft | AED 705KAED 705,000 · Feb 2022February 2022 | ||
| 1103 | Studio | 384 sqft | AED 437KAED 436,800 · Apr 2022April 2022 | 31,000 /yr | |
| 1104 | Studio | 398 sqft | AED 430KAED 430,000 · Jun 2026June 2026 | 57,600 /yr | |
| 1105 | 1-bed | 779 sqft | AED 791KAED 790,645 · Dec 2025December 2025 | 61,000 /yr | |
| 1106 | Studio | 392 sqft | AED 435KAED 435,000 · Feb 2024February 2024 | 50,000 /yr | |
| 1107 | Studio | 398 sqft | AED 460KAED 460,000 · Feb 2025February 2025 | 48,000 /yr | |
| 1108 | 1-bed | 899 sqft | No registered sale | ||
| 1109 | Studio | 378 sqft | AED 503KAED 503,000 · Feb 2017February 2017 | 45,000 /yr | |
| 1110 | Studio | 380 sqft | AED 509KAED 508,596 · Mar 2017March 2017 | 39,000 /yr | |
| 1111 | 1-bed | 832 sqft | AED 705KAED 705,000 · Jun 2024June 2024 | 62,000 /yr | |
| 1112 | 1-bed | 769 sqft | AED 996KAED 995,827 · Oct 2017October 2017 | 65,000 /yr | |
| 1113 | 1-bed | 754 sqft | AED 795KAED 795,000 · Aug 2024August 2024 | 72,000 /yr | |
| 1114 | 1-bed | 612 sqft | AED 730KAED 730,000 · Jul 2025July 2025 | 60,000 /yr | |
| 1116 | Studio | 395 sqft | AED 432KAED 431,760 · Sep 2020September 2020 | 45,000 /yr | |
| 1117 | 1-bed | 757 sqft | AED 1.01MAED 1,007,045 · Apr 2018April 2018 | 70,000 /yr | |
| 1119 | Studio | 190 sqft | AED 399KAED 398,652 · Nov 2022November 2022 | 54,000 /yr | |
| 1120 | 1-bed | 881 sqft | AED 840KAED 840,000 · Jan 2025January 2025 | 51,000 /yr | |
| 1121 | Studio | 379 sqft | AED 557KAED 556,798 · Nov 2017November 2017 | 45,000 /yr | |
| 1122 | Studio | 381 sqft | AED 515KAED 515,000 · Feb 2025February 2025 | 42,000 /yr | |
| 1123 | Studio | 380 sqft | AED 550KAED 550,000 · Oct 2024October 2024 | 45,000 /yr | |
| 1124 | 1-bed | 790 sqft | AED 733KAED 732,700 · May 2020May 2020 | 60,000 /yr | |
| 1125 | 2-bed | 1,227 sqft | AED 1.11MAED 1,105,500 · May 2023May 2023 |
1118, Farishta Residence in numbers
- Sold once: by Azizi Developments on 12 December 2017 for AED 546,099, or AED 1,452 per sqft.
- Rented since October 2020 on 6 Ejari contracts, from AED 21,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 6,200 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 19 July 2026.
Questions about 1118, Farishta Residence
What did unit 1118 last sell for?
AED 546,099 on 12 December 2017, sold by the developer: AED 1,452 per sqft for 376 sqft. It is the only registered sale of the unit.
What is the rent for unit 1118?
AED 40,000 a year on the contract renewed on 19 July 2026. The previous contract, from July 2025, was AED 40,000; the unit has been rented since October 2020.
How big is unit 1118?
376 sqft (34.9 sqm): a studio on the 11th floor of a 12-storey tower completed in 2020.
What is unit 1118 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 1118, Farishta Residence
Starts from the last sale price (AED 546K, 12 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 546,099
- Deposit, UAE resident (20%)
- AED 109,220
- Deposit, non-resident (40%)
- AED 218,440
- Monthly over 25 years at 3.7%
- AED 2,234
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →