Studio · 379 sqftFarishta Residence, Al Furjan · 11th floor · completed 2020

1121, Farishta Residence

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

Unit 1121 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 557K5 November 2017
Current rentAED 46K /yr2 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1121, Farishta Residence

What is 1121 worth today?

Last sold for AED 556,798 in 2017

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2 Oct 2024RentedNew contract
AED 46,000/yr12 months · AED 121 per sqft
29 Sep 2023RentedNew contract
AED 38,000/yr12 months · AED 101 per sqft
25 Sep 2022RentedNew contract
AED 32,000/yr12 months · AED 85 per sqft
13 Sep 2021RentedRenewal
AED 25,000/yr12 months · AED 66 per sqft
13 Sep 2020RentedNew contract
AED 25,000/yr12 months · AED 66 per sqft
5 Nov 2017Sold by developerOff-plan
AED 556,798AED 1,468 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
Studio apartment
Size
379 sqft
Floor
11th of 12
Parking
B-46
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 557K · November 2017

About 1121, Farishta Residence

1121 is a studio of 379 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 5 November 2017 for AED 556,798, or AED 1,468 per sqft, 11% above the AED 1,326 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 2 October 2024, is AED 46,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 6,300 a year.

Sales and rents for 1121 over time

Sales
Unit 1121, 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, November 2017: AED 556,798 (AED 1,468 per sqft)

1121 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1121, 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, September 2020: AED 25,000 a yearRenewal, September 2021: AED 25,000 a yearNew contract, September 2022: AED 32,000 a yearNew contract, September 2023: AED 38,000 a yearNew contract, October 2024: AED 46,000 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 1121 sits

All 130 studios →

1121 last sold in November 2017 at AED 1,468 per sqft, 11% above what studios in Farishta Residence were fetching at the time (AED 1,326). 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. 1121's AED 46,000 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 11th floor

All 279 units in Farishta Residence
Value
11011-bedAED 610K · Aug 2023
11021-bedAED 705K · Feb 2022
1103StudioAED 437K · Apr 2022
1104StudioAED 360K · Feb 2023
11051-bedAED 791K · Dec 2025
1106StudioAED 435K · Feb 2024
1107StudioAED 460K · Feb 2025
1–7 of 23

1121, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 5 November 2017 for AED 556,798, or AED 1,468 per sqft.
  • Rented since September 2020 on 5 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 8.3%, before a service charge of about AED 6,300 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 2 October 2024.

Questions about 1121, Farishta Residence

What did unit 1121 last sell for?

AED 556,798 on 5 November 2017, sold by the developer: AED 1,468 per sqft for 379 sqft. It is the only registered sale of the unit.

What is the rent for unit 1121?

AED 46,000 a year on the contract signed on 2 October 2024. The previous contract, from September 2023, was AED 38,000; the unit has been rented since September 2020.

How big is unit 1121?

379 sqft (35.2 sqm): a studio on the 11th floor of a 12-storey tower completed in 2020.

What is unit 1121 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 1121, Farishta Residence

Starts from the last sale price (AED 557K, 5 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 556,798
Deposit, UAE resident (20%)
AED 111,360
Deposit, non-resident (40%)
AED 222,719
Monthly over 25 years at 3.7%
AED 2,278

Plus AED 28,396 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →