1203, Farishta Residence
Sold prices and rental history: sold once, by the developer in January 2018, 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 1203, Farishta Residence
What is 1203 worth today?
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Source: Dubai Land Department. Updated 28 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 384 sqft
- Floor
- 12th of 12
- Parking
- B-40
- Developer
- Azizi Developments
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 560K · January 2018
- Building
- Farishta Residence
About 1203, Farishta Residence
1203 is a studio of 384 sqft on the 12th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 31 January 2018 for AED 559,970, or AED 1,460 per sqft, 10% above the AED 1,326 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 28 February 2026, is AED 42,000 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 6,400 a year.
Sales and rents for 1203 over time
1203 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 1203 sits
All 135 studios →1203 last sold in January 2018 at AED 1,460 per sqft, 10% above what studios in Farishta Residence were fetching at the time (AED 1,326). 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. 1203's AED 42,000 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 56K /yr
- Typical yield
- 9.0%
Other units on the 12th floor
All 282 units in Farishta Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 799 sqft | AED 815KAED 815,000 · Dec 2025December 2025 | 67,000 /yr | |
| 1202 | 1-bed | 789 sqft | AED 545KAED 545,000 · Nov 2021November 2021 | ||
| 1204 | Studio | 398 sqft | AED 554KAED 553,878 · Jan 2018January 2018 | 30,000 /yr | |
| 1205 | 1-bed | 778 sqft | AED 785KAED 784,800 · Apr 2023April 2023 | ||
| 1206 | Studio | 392 sqft | AED 397KAED 396,845 · Mar 2022March 2022 | 57,000 /yr | |
| 1207 | 2-bed | 2,076 sqft | AED 1.45MAED 1,450,400 · May 2023May 2023 | ||
| 1208 | 1-bed | 900 sqft | AED 915KAED 915,120 · Mar 2020March 2020 | 65,000 /yr | |
| 1209 | 2-bed | 2,239 sqft | AED 1.5MAED 1,496,880 · Jun 2023June 2023 | ||
| 1210 | 2-bed | 2,039 sqft | AED 1.56MAED 1,560,000 · Nov 2022November 2022 | ||
| 1211 | 2-bed | 3,029 sqft | AED 507KAED 507,200 · Oct 2020October 2020 | 110,000 /yr | |
| 1212 | 2-bed | 2,065 sqft | AED 1.42MAED 1,418,900 · Jun 2023June 2023 | 114,000 /yr | |
| 1213 | 2-bed | 2,056 sqft | AED 1.37MAED 1,367,480 · May 2023May 2023 | 120,000 /yr | |
| 1214 | 1-bed | 881 sqft | AED 900KAED 900,000 · Apr 2026April 2026 | 65,000 /yr | |
| 1215 | 2-bed | 2,236 sqft | AED 1.55MAED 1,548,400 · Jun 2022June 2022 | ||
| 1216 | 2-bed | 2,203 sqft | AED 200KAED 200,000 · Mar 2022March 2022 | 92,000 /yr |
1203, Farishta Residence in numbers
- Sold once: by Azizi Developments on 31 January 2018 for AED 559,970, or AED 1,460 per sqft.
- Rented since February 2021 on 6 Ejari contracts, from AED 25,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2018 price is 7.5%, before a service charge of about AED 6,400 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 28 February 2026.
Questions about 1203, Farishta Residence
What did unit 1203 last sell for?
AED 559,970 on 31 January 2018, sold by the developer: AED 1,460 per sqft for 384 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 42,000 a year on the contract renewed on 28 February 2026. The previous contract, from February 2025, was AED 42,000; the unit has been rented since February 2021.
How big is unit 1203?
384 sqft (35.7 sqm): a studio on the 12th floor of a 12-storey tower completed in 2020.
What is unit 1203 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 1203, Farishta Residence
Starts from the last sale price (AED 560K, 31 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 559,970
- Deposit, UAE resident (20%)
- AED 111,994
- Deposit, non-resident (40%)
- AED 223,988
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →