Studio · 380 sqftFarishta Residence, Al Furjan · 3rd floor · completed 2020

323, Farishta Residence

Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 323 · DLD and Ejari recordsUpdated 15 September 2024

Last soldAED 502K17 April 2017

Current rentAED 43K /yr15 September 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 323, Farishta Residence

Today

What is 323 worth today?

Last sold for AED 501,608 in 2017

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15 Sep 2024

15 Sep 2024RentedNew contract

AED 43,000/yr12 months · AED 114 per sqft

2 Aug 2023

2 Aug 2023RentedNew contract

AED 38,000/yr12 months · AED 101 per sqft

10 Nov 2022

10 Nov 2022RentedRenewal

AED 31,000/yr12 months · AED 82 per sqft

10 Nov 2021

10 Nov 2021RentedNew contract

AED 29,000/yr12 months · AED 77 per sqft

20 Oct 2020

20 Oct 2020RentedNew contract

AED 24,000/yr12 months · AED 64 per sqft

17 Apr 2017

17 Apr 2017Sold by developerOff-plan

AED 501,608AED 1,319 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type: Studio apartment
Size: 380 sqft
Floor: 3rd of 12
Parking: B-81
Developer: Azizi Developments
Completed: 2020
Service charge: AED 6,300 /yr
Last sold: AED 502K · April 2017
Building: Farishta Residence

About 323, Farishta Residence

323 is a studio of 380 sqft on the 3rd floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 17 April 2017 for AED 501,608, or AED 1,319 per sqft, in line with the AED 1,325 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 15 September 2024, is AED 43,000 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 6,300 a year.

Sales and rents for 323 over time

Sales

Unit 323, each saleTypical studio in Farishta Residence

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

Rents

Unit 323, each contractTypical studio in Farishta Residence

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 323 sits

All 135 studios →

Studios in Farishta Residence · last 12 months1,283 /sqft Farishta Residence · all types1,091 /sqft

323 last sold in April 2017 at AED 1,319 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,325). 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. 323's AED 43,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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

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 57K /yr
Typical yield: 8.9%

Farishta Residence, Al Furjan: prices, sales and rents →

Other units on the 3rd floor

All 282 units in Farishta Residence


301	1-bed	798 sqft	AED 809KAED 809,340 · Apr 2020April 2020	60,000 /yr
302	1-bed	835 sqft	AED 1.01MAED 1,014,870 · Feb 2018February 2018	70,000 /yr
303	Studio	384 sqft	AED 490KAED 490,000 · Nov 2025November 2025	45,000 /yr
304	Studio	398 sqft	AED 500KAED 500,000 · Dec 2016December 2016	40,000 /yr
305	1-bed	849 sqft	AED 810KAED 810,000 · Apr 2025April 2025	71,400 /yr
306	Studio	392 sqft	AED 390KAED 390,000 · Feb 2023February 2023	42,000 /yr
307	Studio	398 sqft	AED 450KAED 450,000 · Apr 2022April 2022	45,000 /yr
308	1-bed	899 sqft	AED 788KAED 787,500 · Mar 2022March 2022	63,000 /yr
309	Studio	378 sqft	AED 366KAED 366,100 · Apr 2022April 2022	45,000 /yr
310	Studio	380 sqft	AED 476KAED 476,195 · Jul 2020July 2020	45,000 /yr
311	1-bed	832 sqft	AED 840KAED 840,000 · Sep 2026September 2026	72,000 /yr
312	1-bed	769 sqft	AED 800KAED 800,000 · Apr 2025April 2025	51,938 /yr
313	1-bed	754 sqft	AED 550KAED 550,000 · Jul 2024July 2024	64,000 /yr
314	1-bed	612 sqft	AED 780KAED 780,000 · Oct 2017October 2017	54,914 /yr
315	Studio	377 sqft	AED 458KAED 458,490 · May 2020May 2020	44,000 /yr
316	Studio	396 sqft	AED 500KAED 500,000 · Oct 2026October 2026	40,000 /yr
317	1-bed	820 sqft	AED 550KAED 550,000 · Jun 2022June 2022	68,000 /yr
318	Studio	376 sqft	AED 470KAED 470,000 · Sep 2024September 2024	66,000 /yr
319	Studio	379 sqft	AED 449KAED 448,760 · Apr 2021April 2021	39,889 /yr
320	1-bed	881 sqft	AED 1.05MAED 1,048,214 · Nov 2017November 2017	67,818 /yr
321	Studio	379 sqft	AED 424KAED 424,150 · Aug 2020August 2020	36,500 /yr
322	Studio	381 sqft	AED 509KAED 508,799 · Jul 2019July 2019	23,000 /yr
324	1-bed	790 sqft	AED 989KAED 988,812 · Dec 2017December 2017	65,000 /yr
325	2-bed	1,159 sqft	AED 1.35MAED 1,350,000 · Jan 2026January 2026

1–7 of 24

323, Farishta Residence in numbers

Sold once: by Azizi Developments on 17 April 2017 for AED 501,608, or AED 1,319 per sqft.
Rented since October 2020 on 5 Ejari contracts, from AED 24,000 to AED 43,000 a year.
At AED 43,000 a year the gross yield on the 2017 price is 8.6%, 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 15 September 2024.

Questions about 323, Farishta Residence

What did unit 323 last sell for?

AED 501,608 on 17 April 2017, sold by the developer: AED 1,319 per sqft for 380 sqft. It is the only registered sale of the unit.

What is the rent for unit 323?

AED 43,000 a year on the contract signed on 15 September 2024. The previous contract, from August 2023, was AED 38,000; the unit has been rented since October 2020.

How big is unit 323?

380 sqft (35.3 sqm): a studio on the 3rd floor of a 12-storey tower completed in 2020.

What is unit 323 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 323, Farishta Residence

Starts from the last sale price (AED 502K, 17 April 2017). Switch to today's estimate once you have unlocked it.

Price: AED 501,608
Deposit, UAE resident (20%): AED 100,322
Deposit, non-resident (40%): AED 200,643
Monthly over 25 years at 3.7%: AED 2,052

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