Studio · 398 sqftFarishta Residence, Al Furjan · 12th floor · completed 2020

1204, Farishta Residence

Sold prices and rental history: sold once, by the developer in January 2018, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 1 December 2021
Last soldAED 554K18 January 2018
Current rentAED 30K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Farishta Residence

What is 1204 worth today?

Last sold for AED 553,878 in 2018

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1 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 75 per sqft
18 Jan 2018Sold by developerOff-plan
AED 553,878AED 1,389 per sqft

Source: Dubai Land Department. Updated 1 December 2021.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
12th of 12
Parking
B-39
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 554K · January 2018

About 1204, Farishta Residence

1204 is a studio of 398 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 18 January 2018 for AED 553,878, or AED 1,389 per sqft, 5% above the AED 1,328 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2021. The current contract, signed on 1 December 2021, is AED 30,000 a year: a gross yield of 5.4% on the 2018 price, before the service charge of about AED 6,600 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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, January 2018: AED 553,878 (AED 1,389 per sqft)

1204 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1204, each contractTypical studio in Farishta Residence
30K40K2020202220242026Typical 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, December 2021: AED 30,000 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 1204 sits

All 135 studios →

1204 last sold in January 2018 at AED 1,389 per sqft, 5% 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. 1204's AED 30,000 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 12th floor

All 282 units in Farishta Residence
Value
12011-bedAED 815K · Dec 2025
12021-bedAED 545K · Nov 2021
1203StudioAED 560K · Jan 2018
12051-bedAED 785K · Apr 2023
1206StudioAED 397K · Mar 2022
12072-bedAED 1.45M · May 2023
12081-bedAED 915K · Mar 2020
1–7 of 15

1204, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 18 January 2018 for AED 553,878, or AED 1,389 per sqft.
  • Rented since December 2021 on one Ejari contract, at AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2018 price is 5.4%, before a service charge of about AED 6,600 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 December 2021.

Questions about 1204, Farishta Residence

What did unit 1204 last sell for?

AED 553,878 on 18 January 2018, sold by the developer: AED 1,389 per sqft for 398 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 30,000 a year on the contract signed on 1 December 2021.

How big is unit 1204?

398 sqft (37.0 sqm): a studio on the 12th floor of a 12-storey tower completed in 2020.

What is unit 1204 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 1204, Farishta Residence

Starts from the last sale price (AED 554K, 18 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 553,878
Deposit, UAE resident (20%)
AED 110,776
Deposit, non-resident (40%)
AED 221,551
Monthly over 25 years at 3.7%
AED 2,266

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