Studio · 380 sqftFarishta Residence, Al Furjan · 4th floor · completed 2020

423, Farishta Residence

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

Unit 423 · DLD and Ejari recordsUpdated 3 June 2026
Last soldAED 505K17 January 2017
Current rentAED 47K /yr3 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Farishta Residence

What is 423 worth today?

Last sold for AED 505,000 in 2017

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3 Jun 2026RentedRenewal
AED 47,000/yr12 months · AED 125 per sqft
3 Jun 2025RentedRenewal
AED 43,000/yr12 months · AED 114 per sqft
3 Jun 2024RentedRenewal
AED 40,000/yr12 months · AED 106 per sqft
3 Jun 2023RentedNew contract
AED 37,000/yr12 months · AED 98 per sqft
11 Sep 2022RentedNew contract
AED 30,000/yr12 months · AED 80 per sqft
10 Sep 2020RentedNew contract
AED 24,000/yr12 months · AED 64 per sqft
17 Jan 2017Sold by developerOff-plan
AED 505,000AED 1,328 per sqft

Source: Dubai Land Department. Updated 3 June 2026.

Key facts

Type
Studio apartment
Size
380 sqft
Floor
4th of 12
Parking
P1-7
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 505K · January 2017

About 423, Farishta Residence

423 is a studio of 380 sqft on the 4th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 17 January 2017 for AED 505,000, or AED 1,328 per sqft, in line with the AED 1,310 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 3 June 2026, is AED 47,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 6,300 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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 2017: AED 505,000 (AED 1,328 per sqft)

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

Rents
Unit 423, each contractTypical studio in Farishta Residence
20K40K2020202220242026Typical 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, September 2020: AED 24,000 a yearNew contract, September 2022: AED 30,000 a yearNew contract, June 2023: AED 37,000 a yearRenewal, June 2024: AED 40,000 a yearRenewal, June 2025: AED 43,000 a yearRenewal, June 2026: AED 47,000 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 423 sits

All 135 studios →

423 last sold in January 2017 at AED 1,328 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,310). 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. 423's AED 47,000 is in the lower half 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 57K /yr
Typical yield
8.9%
Farishta Residence, Al Furjan: prices, sales and rents →

Other units on the 4th floor

All 282 units in Farishta Residence
Value
4011-bedAED 662K · Mar 2022
4021-bedAED 1.03M · Feb 2018
403StudioAED 475K · Sep 2024
404StudioAED 350K · Jun 2022
4051-bedAED 800K · Aug 2025
406StudioAED 508K · Mar 2017
407StudioAED 485K · Oct 2024
1–7 of 24

423, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 17 January 2017 for AED 505,000, or AED 1,328 per sqft.
  • Rented since September 2020 on 6 Ejari contracts, from AED 24,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2017 price is 9.3%, 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 3 June 2026.

Questions about 423, Farishta Residence

What did unit 423 last sell for?

AED 505,000 on 17 January 2017, sold by the developer: AED 1,328 per sqft for 380 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 47,000 a year on the contract renewed on 3 June 2026. The previous contract, from June 2025, was AED 43,000; the unit has been rented since September 2020.

How big is unit 423?

380 sqft (35.3 sqm): a studio on the 4th floor of a 12-storey tower completed in 2020.

What is unit 423 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 423, Farishta Residence

Starts from the last sale price (AED 505K, 17 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

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