2-bed · 2,065 sqftFarishta Residence, Al Furjan · 12th floor · completed 2020

1212, Farishta Residence

Sold prices and rental history: sold once, by the developer in June 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1212 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 1.42M8 June 2023
Current rentAED 114K /yr28 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1212, Farishta Residence

What is 1212 worth today?

Last sold for AED 1,418,900 in 2023

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28 Aug 2024RentedRenewal
AED 114,000/yr12 months · AED 55 per sqft
28 Aug 2023RentedNew contract
AED 114,000/yr12 months · AED 55 per sqft
8 Jun 2023Sold by developerReady
AED 1,418,900AED 687 per sqft

Source: Dubai Land Department. Updated 28 August 2024.

Key facts

Type
2-bed apartment
Size
2,065 sqft
Floor
12th of 12
Parking
G-34
Developer
Azizi Developments
Completed
2020
Service charge
AED 34,200 /yr
Last sold
AED 1.42M · June 2023

About 1212, Farishta Residence

1212 is a two-bedroom apartment of 2,065 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 8 June 2023 for AED 1,418,900, or AED 687 per sqft, in line with the AED 695 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 28 August 2024, is AED 114,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 34,200 a year.

Sales and rents for 1212 over time

Sales
Unit 1212, each saleTypical two-bed in Farishta Residence
1.25M1.5M202020222024Typical 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, June 2023: AED 1,418,900 (AED 687 per sqft)

1212 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1212, each contractTypical two-bed in Farishta Residence
50K100K2020202220242026Typical 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, August 2023: AED 114,000 a yearRenewal, August 2024: AED 114,000 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 1212 sits

All 23 2-beds →

1212 last sold in June 2023 at AED 687 per sqft, in line with what two-beds in Farishta Residence were fetching at the time (AED 695). 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. 1212's AED 114,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jan 20261,350,000
10 Jul 20251,360,000
5 Feb 20251,175,000
5 Dec 20241,175,000
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 12th floor

All 282 units in Farishta Residence
Value
12011-bedAED 815K · Dec 2025
12021-bedAED 545K · Nov 2021
1203StudioAED 560K · Jan 2018
1204StudioAED 554K · Jan 2018
12051-bedAED 785K · Apr 2023
1206StudioAED 397K · Mar 2022
12072-bedAED 1.45M · May 2023
1–7 of 15

1212, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 8 June 2023 for AED 1,418,900, or AED 687 per sqft.
  • Rented since August 2023 on 2 Ejari contracts, at AED 114,000 a year.
  • At AED 114,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 34,200 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 28 August 2024.

Questions about 1212, Farishta Residence

What did unit 1212 last sell for?

AED 1,418,900 on 8 June 2023, sold by the developer: AED 687 per sqft for 2,065 sqft. It is the only registered sale of the unit.

What is the rent for unit 1212?

AED 114,000 a year on the contract renewed on 28 August 2024. The previous contract, from August 2023, was AED 114,000.

How big is unit 1212?

2,065 sqft (191.8 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2020.

What is unit 1212 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 1212, Farishta Residence

Starts from the last sale price (AED 1.42M, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,418,900
Deposit, UAE resident (20%)
AED 283,780
Deposit, non-resident (40%)
AED 567,560
Monthly over 25 years at 3.7%
AED 5,805

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