Studio · 380 sqftFarishta Residence, Al Furjan · 8th floor · completed 2020

823, Farishta Residence

Sold prices and rental history: sold once, by the developer in March 2022, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 823 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 380K16 March 2022
Current rentAED 40K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 823, Farishta Residence

What is 823 worth today?

Last sold for AED 380,100 in 2022

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1 Oct 2026RentedNew contract
AED 40,000/yr12 months · AED 105 per sqft
1 Jul 2026RentedRenewal
AED 45,000/yr12 months · AED 119 per sqft
1 Jul 2025RentedNew contract
AED 45,000/yr12 months · AED 119 per sqft
20 Mar 2025RentedNew contract
AED 42,000/yr12 months · AED 111 per sqft
20 Mar 2025RentedNew contract
AED 42,000/yr12 months · AED 111 per sqft
20 Mar 2025RentedNew contract
AED 42,000/yr12 months · AED 111 per sqft
16 Mar 2022Sold by developerReady
AED 380,100AED 1,000 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
380 sqft
Floor
8th of 12
Parking
P2-23
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 380K · March 2022

About 823, Farishta Residence

823 is a studio of 380 sqft on the 8th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 16 March 2022 for AED 380,100, or AED 1,000 per sqft, 15% below the AED 1,171 studios in the building were fetching at the time.

It has been rented continuously since 2025 on 6 Ejari contracts. The current contract, signed on 1 October 2026, is AED 40,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 6,300 a year.

Sales and rents for 823 over time

Sales
Unit 823, 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, March 2022: AED 380,100 (AED 1,000 per sqft)

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

Rents
Unit 823, 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, March 2025: AED 42,000 a yearNew contract, March 2025: AED 42,000 a yearNew contract, March 2025: AED 42,000 a yearNew contract, July 2025: AED 45,000 a yearRenewal, July 2026: AED 45,000 a yearNew contract, October 2026: AED 40,000 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 823 sits

All 135 studios →

823 last sold in March 2022 at AED 1,000 per sqft, 15% below what studios in Farishta Residence were fetching at the time (AED 1,171). 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. 823's AED 40,000 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 8th floor

All 282 units in Farishta Residence
Value
8011-bedAED 1.07M · Jun 2018
8021-bedAED 870K · Feb 2026
804StudioAED 554K · Apr 2021
8051-bedAED 1.06M · Nov 2017
806StudioAED 510K · Jul 2017
807StudioAED 480K · Apr 2025
8081-bedAED 809K · Nov 2019
1–7 of 23

823, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 16 March 2022 for AED 380,100, or AED 1,000 per sqft.
  • Rented since March 2025 on 6 Ejari contracts, from AED 42,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 10.5%, 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 1 October 2026.

Questions about 823, Farishta Residence

What did unit 823 last sell for?

AED 380,100 on 16 March 2022, sold by the developer: AED 1,000 per sqft for 380 sqft. It is the only registered sale of the unit.

What is the rent for unit 823?

AED 40,000 a year on the contract signed on 1 October 2026. The previous contract, from July 2026, was AED 45,000; the unit has been rented since March 2025.

How big is unit 823?

380 sqft (35.3 sqm): a studio on the 8th floor of a 12-storey tower completed in 2020.

What is unit 823 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 823, Farishta Residence

Starts from the last sale price (AED 380K, 16 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 380,100
Deposit, UAE resident (20%)
AED 76,020
Deposit, non-resident (40%)
AED 152,040
Monthly over 25 years at 3.7%
AED 1,555

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