2-bed · 1,923 sqftFarishta Residence, Al Furjan · 1st floor · completed 2020

118, Farishta Residence

Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 25 June 2026
Last soldAED 1.36M10 July 2025
Current rentAED 100K /yr25 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Farishta Residence

What is 118 worth today?

Last sold for AED 1,360,000 in 2025

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25 Jun 2026RentedNew contract
AED 99,600/yr12 months · AED 52 per sqft
10 Jul 2025SoldReady
AED 1,360,000AED 707 per sqft
15 Aug 2024RentedRenewal
AED 75,246/yr12 months · AED 39 per sqft
15 Aug 2023RentedRenewal
AED 71,663/yr12 months · AED 37 per sqft
15 Aug 2022RentedRenewal
AED 68,250/yr12 months · AED 35 per sqft
15 Jul 2021RentedNew contract
AED 65,000/yr13 months · AED 34 per sqft
2 Jul 2020Sold by developerReady
AED 1,251,930AED 651 per sqft

Source: Dubai Land Department. Updated 25 June 2026.

Key facts

Type
2-bed apartment
Size
1,923 sqft
Floor
1st of 12
Parking
B-94, B-101
Developer
Azizi Developments
Completed
2020
Service charge
AED 31,800 /yr
Last sold
AED 1.36M · July 2025

About 118, Farishta Residence

118 is a two-bedroom apartment of 1,923 sqft on the 1st floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. It last sold on 10 July 2025 for AED 1,360,000, or AED 707 per sqft, 26% below the AED 957 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 25 June 2026, is AED 99,600 a year: a gross yield of 7.3% on the 2025 price, before the service charge of about AED 31,800 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical two-bed in Farishta Residence
1.25M1.5M2020202220242026Typical sale price by year: 2020 AED 1,100,040; 2022 AED 1,548,400; 2023 AED 1,418,900; 2024 AED 1,175,000Sold by developer, July 2020: AED 1,251,930 (AED 651 per sqft)Sold, July 2025: AED 1,360,000 (AED 707 per sqft)

118 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 118, each contractTypical two-bed in Farishta Residence
50K75K100K2020202220242026Typical rent by year: 2020 AED 58,000; 2021 AED 60,000; 2022 AED 68,125; 2023 AED 76,000; 2024 AED 88,000; 2025 AED 112,500; 2026 AED 98,800New contract, July 2021: AED 65,000 a yearRenewal, August 2022: AED 68,250 a yearRenewal, August 2023: AED 71,663 a yearRenewal, August 2024: AED 75,246 a yearNew contract, June 2026: AED 99,600 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Farishta Residence, and where 118 sits

All 23 2-beds →

118 last sold in July 2025 at AED 707 per sqft, 26% below what two-beds in Farishta Residence were fetching at the time (AED 957). Over the last 12 months two-beds sold for AED 1,350,000, around AED 1,164 per sqft, and rent for AED 90,000 to 115,000 a year. 118's AED 99,600 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jan 20261,350,000
5 Feb 20251,175,000
5 Dec 20241,175,000
18 Nov 20241,280,000
1 2-bed sale 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 1st floor

All 282 units in Farishta Residence
Value
1011-bedAED 799K · Sep 2022
1021-bedAED 842K · Feb 2024
103StudioAED 507K · Oct 2017
104StudioAED 517K · Oct 2017
1051-bedAED 848K · May 2023
106StudioAED 520K · Dec 2017
1072-bedAED 1.12M · Feb 2024
1–7 of 17

118, Farishta Residence in numbers

  • Sold twice: first on 2 July 2020 for AED 1,251,930, last on 10 July 2025 for AED 1,360,000 (AED 707 per sqft).
  • Rented since July 2021 on 5 Ejari contracts, from AED 65,000 to AED 99,600 a year.
  • At AED 99,600 a year the gross yield on the 2025 price is 7.3%, before a service charge of about AED 31,800 a year (AED 16.56 per sqft).
  • Two-beds in Farishta Residence sold for AED 1,350,000–1,350,000 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 25 June 2026.

Questions about 118, Farishta Residence

What did unit 118 last sell for?

AED 1,360,000 on 10 July 2025: AED 707 per sqft for 1,923 sqft. The unit has 2 registered sales; the first was AED 1,251,930 in July 2020.

What is the rent for unit 118?

AED 99,600 a year on the contract signed on 25 June 2026. The previous contract, from August 2024, was AED 75,246; the unit has been rented since July 2021.

How big is unit 118?

1,923 sqft (178.7 sqm): a two-bedroom apartment on the 1st floor of a 12-storey tower completed in 2020.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Farishta Residence sold for AED 1,350,000 to 1,350,000 in the last 12 months, around AED 1,164 per sqft.

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Mortgage on 118, Farishta Residence

Starts from the last sale price (AED 1.36M, 10 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,360,000
Deposit, UAE resident (20%)
AED 272,000
Deposit, non-resident (40%)
AED 544,000
Monthly over 25 years at 3.7%
AED 5,564

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