623, 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.
Property timeline for 623, Farishta Residence
What is 623 worth today?
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Source: Dubai Land Department. Updated 4 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 380 sqft
- Floor
- 6th of 12
- Parking
- P1-84
- Developer
- Azizi Developments
- Completed
- 2020
- Service charge
- AED 6,300 /yr
- Last sold
- AED 516K · April 2017
- Building
- Farishta Residence
About 623, Farishta Residence
623 is a studio of 380 sqft on the 6th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 5 April 2017 for AED 515,913, or AED 1,357 per sqft, in line with the AED 1,321 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 4 October 2025, is AED 46,000 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 6,300 a year.
Sales and rents for 623 over time
623 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 623 sits
All 135 studios →623 last sold in April 2017 at AED 1,357 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,321). 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. 623's AED 46,000 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 57K /yr
- Typical yield
- 8.9%
Other units on the 6th floor
All 282 units in Farishta Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 798 sqft | AED 810KAED 810,080 · Feb 2022February 2022 | 63,500 /yr | |
| 602 | 1-bed | 789 sqft | AED 635KAED 635,000 · Jul 2023July 2023 | 71,000 /yr | |
| 603 | Studio | 384 sqft | AED 444KAED 444,290 · Aug 2022August 2022 | 46,000 /yr | |
| 604 | Studio | 398 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | 40,000 /yr | |
| 605 | 1-bed | 849 sqft | AED 660KAED 660,480 · Aug 2022August 2022 | 65,000 /yr | |
| 606 | Studio | 392 sqft | AED 405KAED 405,000 · Feb 2024February 2024 | 45,000 /yr | |
| 607 | Studio | 398 sqft | AED 475KAED 475,000 · Sep 2025September 2025 | 47,000 /yr | |
| 608 | 1-bed | 899 sqft | AED 775KAED 775,000 · May 2024May 2024 | 47,000 /yr | |
| 609 | Studio | 378 sqft | AED 475KAED 475,000 · Jan 2025January 2025 | 31,000 /yr | |
| 610 | Studio | 413 sqft | AED 475KAED 475,000 · Feb 2025February 2025 | 43,000 /yr | |
| 611 | 1-bed | 805 sqft | AED 1.02MAED 1,023,346 · Jan 2018January 2018 | 55,000 /yr | |
| 612 | 1-bed | 769 sqft | AED 720KAED 720,000 · Dec 2020December 2020 | 85,000 /yr | |
| 613 | 1-bed | 754 sqft | AED 673KAED 673,110 · Mar 2020March 2020 | 64,000 /yr | |
| 614 | 1-bed | 612 sqft | AED 814KAED 814,000 · Aug 2017August 2017 | 70,000 /yr | |
| 615 | Studio | 377 sqft | AED 437KAED 436,800 · Jan 2023January 2023 | 35,000 /yr | |
| 616 | Studio | 396 sqft | AED 415KAED 414,960 · Sep 2020September 2020 | 34,728 /yr | |
| 617 | 1-bed | 820 sqft | AED 840KAED 840,000 · Jan 2026January 2026 | 67,688 /yr | |
| 618 | Studio | 376 sqft | AED 538KAED 537,967 · Apr 2017April 2017 | 45,000 /yr | |
| 619 | Studio | 379 sqft | AED 475KAED 475,000 · Jan 2025January 2025 | 35,700 /yr | |
| 620 | 1-bed | 881 sqft | AED 801KAED 801,000 · Jul 2020July 2020 | 65,000 /yr | |
| 621 | Studio | 379 sqft | AED 525KAED 525,000 · May 2025May 2025 | 45,000 /yr | |
| 622 | Studio | 381 sqft | AED 422KAED 422,000 · Aug 2024August 2024 | 56,400 /yr | |
| 624 | 1-bed | 763 sqft | AED 672KAED 672,300 · Sep 2021September 2021 | 48,000 /yr | |
| 625 | 2-bed | 1,227 sqft | AED 1.05MAED 1,053,780 · Sep 2021September 2021 |
623, Farishta Residence in numbers
- Sold once: by Azizi Developments on 5 April 2017 for AED 515,913, or AED 1,357 per sqft.
- Rented since September 2020 on 6 Ejari contracts, from AED 25,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2017 price is 8.9%, 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 4 October 2025.
Questions about 623, Farishta Residence
What did unit 623 last sell for?
AED 515,913 on 5 April 2017, sold by the developer: AED 1,357 per sqft for 380 sqft. It is the only registered sale of the unit.
What is the rent for unit 623?
AED 46,000 a year on the contract signed on 4 October 2025. The previous contract, from September 2024, was AED 33,495; the unit has been rented since September 2020.
How big is unit 623?
380 sqft (35.3 sqm): a studio on the 6th floor of a 12-storey tower completed in 2020.
What is unit 623 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 623, Farishta Residence
Starts from the last sale price (AED 516K, 5 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 515,913
- Deposit, UAE resident (20%)
- AED 103,183
- Deposit, non-resident (40%)
- AED 206,365
- Monthly over 25 years at 3.7%
- AED 2,111
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →