Studio · 377 sqftFarishta Residence, Al Furjan · 1st floor · completed 2020

112, Farishta Residence

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 410K3 August 2023
Current rentAED 43K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Farishta Residence

What is 112 worth today?

Last sold for AED 410,000 in 2023

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1 Oct 2024RentedRenewal
AED 43,000/yr12 months · AED 114 per sqft
1 Oct 2023RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
3 Aug 2023SoldReady
AED 410,000AED 1,087 per sqft
19 Sep 2022RentedNew contract
AED 30,000/yr12 months · AED 80 per sqft
10 Aug 2020RentedNew contract
AED 25,000/yr12 months · AED 66 per sqft
28 Feb 2017Sold by developerOff-plan
AED 468,367AED 1,241 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
377 sqft
Floor
1st of 12
Parking
B-11
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,200 /yr
Last sold
AED 410K · August 2023

About 112, Farishta Residence

112 is a studio of 377 sqft on the 1st floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. It last sold on 3 August 2023 for AED 410,000, or AED 1,087 per sqft, in line with the AED 1,066 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 43,000 a year: a gross yield of 10.5% on the 2023 price, before the service charge of about AED 6,200 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical studio in Farishta Residence
400K500K2017202020232026Typical sale price by year: 2017 AED 514,494; 2018 AED 522,741; 2019 AED 464,682; 2020 AED 445,918; 2021 AED 448,760; 2022 AED 398,826; 2023 AED 405,000; 2024 AED 437,250; 2025 AED 480,000; 2026 AED 500,000Sold by developer, February 2017: AED 468,367 (AED 1,241 per sqft)Sold, August 2023: AED 410,000 (AED 1,087 per sqft)

112 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 112, 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 46,000New contract, August 2020: AED 25,000 a yearNew contract, September 2022: AED 30,000 a yearNew contract, October 2023: AED 40,000 a yearRenewal, October 2024: AED 43,000 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 112 sits

All 130 studios →

112 last sold in August 2023 at AED 1,087 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,066). Over the last 12 months studios sold for AED 490,000 to 520,000, around AED 1,291 per sqft, and rent for AED 34,728 to 74,400 a year. 112's AED 43,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 2026520,000
22 Jan 2026500,000
13 Jan 2026490,000
2 Jun 2025540,000
4 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. 9 sold in the last 12 months.

Typical price per sqft
AED 1,103
Typical sale
AED 791K
Typical rent
AED 55K /yr
Typical yield
9.6%
Farishta Residence, Al Furjan: prices, sales and rents →

Other units on the 1st floor

All 279 units in Farishta Residence
Value
1011-bedAED 799K · Sep 2022
1021-bedAED 842K · Feb 2024
103StudioAED 507K · Oct 2017
104StudioAED 517K · Oct 2017
1051-bedAED 848K · May 2023
106StudioAED 520K · Dec 2017
1072-bedAED 1.12M · Feb 2024
1–7 of 16

112, Farishta Residence in numbers

  • Sold twice: first on 28 February 2017 for AED 468,367, last on 3 August 2023 for AED 410,000 (AED 1,087 per sqft).
  • Rented since August 2020 on 4 Ejari contracts, from AED 25,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2023 price is 10.5%, before a service charge of about AED 6,200 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 1,103 per sqft.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 112, Farishta Residence

What did unit 112 last sell for?

AED 410,000 on 3 August 2023: AED 1,087 per sqft for 377 sqft. The unit has 2 registered sales; the first was AED 468,367 in February 2017.

What is the rent for unit 112?

AED 43,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 40,000; the unit has been rented since August 2020.

How big is unit 112?

377 sqft (35.0 sqm): a studio on the 1st floor of a 12-storey tower completed in 2020.

What is unit 112 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 1,291 per sqft.

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Mortgage on 112, Farishta Residence

Starts from the last sale price (AED 410K, 3 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

Plus AED 20,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →