Studio · 395 sqftFarishta Residence, Al Furjan · 11th floor · completed 2020

1116, Farishta Residence

Sold prices and rental history: sold once, by the developer in September 2020, 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 1116 · DLD and Ejari recordsUpdated 7 April 2025

Last soldAED 432K15 September 2020

Current rentAED 45K /yr7 April 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1116, Farishta Residence

Today

What is 1116 worth today?

Last sold for AED 431,760 in 2020

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7 Apr 2025

7 Apr 2025RentedRenewal

AED 45,000/yr12 months · AED 113 per sqft

7 Apr 2024

7 Apr 2024RentedNew contract

AED 40,000/yr12 months · AED 100 per sqft

11 Apr 2023

11 Apr 2023RentedNew contract

AED 28,600/yr12 months · AED 72 per sqft

11 Apr 2022

11 Apr 2022RentedNew contract

AED 26,000/yr12 months · AED 66 per sqft

15 Nov 2021

15 Nov 2021RentedNew contract

AED 28,000/yr12 months · AED 70 per sqft

1 Nov 2020

1 Nov 2020RentedNew contract

AED 22,000/yr12 months · AED 55 per sqft

15 Sep 2020

15 Sep 2020Sold by developerReady

AED 431,760AED 1,094 per sqft

Source: Dubai Land Department. Updated 7 April 2025.

Key facts

Type: Studio apartment
Size: 395 sqft
Floor: 11th of 12
Parking: P2-40
Developer: Azizi Developments
Completed: 2020
Service charge: AED 6,500 /yr
Last sold: AED 432K · September 2020
Building: Farishta Residence

About 1116, Farishta Residence

1116 is a studio of 395 sqft on the 11th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 15 September 2020 for AED 431,760, or AED 1,094 per sqft, 8% below the AED 1,185 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 7 April 2025, is AED 45,000 a year: a gross yield of 10.4% on the 2020 price, before the service charge of about AED 6,500 a year.

Sales and rents for 1116 over time

Sales

Unit 1116, each saleTypical studio in Farishta Residence

1116 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 1116, 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 1116 sits

All 130 studios →

Studios in Farishta Residence · last 12 months1,289 /sqft Farishta Residence · all types1,083 /sqft

1116 last sold in September 2020 at AED 1,094 per sqft, 8% below what studios in Farishta Residence were fetching at the time (AED 1,185). Over the last 12 months studios sold for AED 490,000 to 520,000, around AED 1,289 per sqft, and rent for AED 34,728 to 74,400 a year. 1116's AED 45,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
17 Feb 202617 February 2026	380 sqft	520,000	1,368
22 Jan 202622 January 2026	413 sqft	500,000	1,209
13 Jan 202613 January 2026	380 sqft	490,000	1,289
2 Jun 20252 June 2025	380 sqft	540,000	1,420

3 studio sales in the last 12 months

Farishta Residence

Building

279 apartments, studios to 2-bed over 12 floors in Al Furjan, completed in 2020 by Azizi Developments. 8 sold in the last 12 months.

Typical price per sqft: AED 1,083
Typical sale: AED 803K
Typical rent: AED 55K /yr
Typical yield: 9.7%

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

Other units on the 11th floor

All 279 units in Farishta Residence


1101	1-bed	799 sqft	AED 610KAED 610,000 · Aug 2023August 2023	60,000 /yr
1102	1-bed	835 sqft	AED 705KAED 705,000 · Feb 2022February 2022
1103	Studio	384 sqft	AED 437KAED 436,800 · Apr 2022April 2022	31,000 /yr
1104	Studio	398 sqft	AED 360KAED 360,000 · Feb 2023February 2023	57,600 /yr
1105	1-bed	779 sqft	AED 791KAED 790,645 · Dec 2025December 2025	61,000 /yr
1106	Studio	392 sqft	AED 435KAED 435,000 · Feb 2024February 2024	50,000 /yr
1107	Studio	398 sqft	AED 460KAED 460,000 · Feb 2025February 2025
1108	1-bed	899 sqft	No registered sale
1109	Studio	378 sqft	AED 503KAED 503,000 · Feb 2017February 2017	45,000 /yr
1110	Studio	380 sqft	AED 509KAED 508,596 · Mar 2017March 2017	39,000 /yr
1111	1-bed	832 sqft	AED 705KAED 705,000 · Jun 2024June 2024	60,000 /yr
1112	1-bed	769 sqft	AED 996KAED 995,827 · Oct 2017October 2017	65,000 /yr
1113	1-bed	754 sqft	AED 795KAED 795,000 · Aug 2024August 2024	72,000 /yr
1114	1-bed	612 sqft	AED 730KAED 730,000 · Jul 2025July 2025	52,197 /yr
1117	1-bed	757 sqft	AED 1.01MAED 1,007,045 · Apr 2018April 2018	70,000 /yr
1118	Studio	376 sqft	AED 546KAED 546,099 · Dec 2017December 2017	40,000 /yr
1119	Studio	379 sqft	AED 399KAED 398,652 · Nov 2022November 2022
1120	1-bed	881 sqft	AED 840KAED 840,000 · Jan 2025January 2025	51,000 /yr
1121	Studio	379 sqft	AED 557KAED 556,798 · Nov 2017November 2017	46,000 /yr
1122	Studio	381 sqft	AED 515KAED 515,000 · Feb 2025February 2025	46,000 /yr
1123	Studio	380 sqft	AED 550KAED 550,000 · Oct 2024October 2024	45,000 /yr
1124	1-bed	790 sqft	AED 733KAED 732,700 · May 2020May 2020	60,000 /yr
1125	2-bed	1,227 sqft	AED 1.11MAED 1,105,500 · May 2023May 2023

1–7 of 23

1116, Farishta Residence in numbers

Sold once: by Azizi Developments on 15 September 2020 for AED 431,760, or AED 1,094 per sqft.
Rented since November 2020 on 6 Ejari contracts, from AED 22,000 to AED 45,000 a year.
At AED 45,000 a year the gross yield on the 2020 price is 10.4%, before a service charge of about AED 6,500 a year (AED 16.56 per sqft).
Studios in Farishta Residence sold for AED 490,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 1,083 per sqft.

Source: Dubai Land Department. Updated 7 April 2025.

Questions about 1116, Farishta Residence

What did unit 1116 last sell for?

AED 431,760 on 15 September 2020, sold by the developer: AED 1,094 per sqft for 395 sqft. It is the only registered sale of the unit.

What is the rent for unit 1116?

AED 45,000 a year on the contract renewed on 7 April 2025. The previous contract, from April 2024, was AED 40,000; the unit has been rented since November 2020.

How big is unit 1116?

395 sqft (36.7 sqm): a studio on the 11th floor of a 12-storey tower completed in 2020.

What is unit 1116 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 490,000 to 520,000 in the last 12 months, around AED 1,289 per sqft.

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Mortgage on 1116, Farishta Residence

Starts from the last sale price (AED 432K, 15 September 2020). Switch to today's estimate once you have unlocked it.

Price: AED 431,760
Deposit, UAE resident (20%): AED 86,352
Deposit, non-resident (40%): AED 172,704
Monthly over 25 years at 3.7%: AED 1,766

Plus AED 21,044 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →