1123, Farishta Residence
Sold prices and rental history: sold twice, last in October 2024, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1123, Farishta Residence
What is 1123 worth today?
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Source: Dubai Land Department. Updated 10 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 380 sqft
- Floor
- 11th of 12
- Parking
- B-44
- Developer
- Azizi Developments
- Completed
- 2020
- Service charge
- AED 6,300 /yr
- Last sold
- AED 550K · October 2024
- Building
- Farishta Residence
About 1123, Farishta Residence
1123 is a studio of 380 sqft on the 11th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. It last sold on 3 October 2024 for AED 550,000, or AED 1,447 per sqft, 30% above the AED 1,117 studios in the building were fetching at the time.
One Ejari contract is registered, from 10 October 2025. The current contract, renewed on 10 October 2025, is AED 45,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 6,300 a year.
Sales and rents for 1123 over time
1123 has sold twice; 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 1123 sits
All 135 studios →1123 last sold in October 2024 at AED 1,447 per sqft, 30% above what studios in Farishta Residence were fetching at the time (AED 1,117). 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. 1123's AED 45,000 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 | |
| 1118 | Studio | 376 sqft | AED 546KAED 546,099 · Dec 2017December 2017 | 40,000 /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 | |
| 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 |
1123, Farishta Residence in numbers
- Sold twice: first on 21 June 2022 for AED 538,161, last on 3 October 2024 for AED 550,000 (AED 1,447 per sqft).
- Rented since October 2025 on one Ejari contract, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 8.2%, 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 10 October 2025.
Questions about 1123, Farishta Residence
What did unit 1123 last sell for?
AED 550,000 on 3 October 2024: AED 1,447 per sqft for 380 sqft. The unit has 2 registered sales; the first was AED 538,161 in June 2022.
What is the rent for unit 1123?
AED 45,000 a year on the contract renewed on 10 October 2025.
How big is unit 1123?
380 sqft (35.3 sqm): a studio on the 11th floor of a 12-storey tower completed in 2020.
What is unit 1123 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 1123, Farishta Residence
Starts from the last sale price (AED 550K, 3 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →