423, Farishta Residence
Sold prices and rental history: sold once, by the developer in January 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 423, Farishta Residence
What is 423 worth today?
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Source: Dubai Land Department. Updated 3 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 380 sqft
- Floor
- 4th of 12
- Parking
- P1-7
- Developer
- Azizi Developments
- Completed
- 2020
- Service charge
- AED 6,300 /yr
- Last sold
- AED 505K · January 2017
- Building
- Farishta Residence
About 423, Farishta Residence
423 is a studio of 380 sqft on the 4th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 17 January 2017 for AED 505,000, or AED 1,328 per sqft, in line with the AED 1,310 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 3 June 2025, is AED 43,000 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 6,300 a year.
Sales and rents for 423 over time
423 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 423 sits
All 130 studios →423 last sold in January 2017 at AED 1,328 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,310). 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. 423's AED 43,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Farishta Residence
Building279 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%
Other units on the 4th floor
All 279 units in Farishta Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 798 sqft | AED 662KAED 662,320 · Mar 2022March 2022 | 75,000 /yr | |
| 402 | 1-bed | 835 sqft | AED 1.03MAED 1,031,055 · Feb 2018February 2018 | 60,000 /yr | |
| 403 | Studio | 384 sqft | AED 475KAED 475,000 · Sep 2024September 2024 | 45,000 /yr | |
| 404 | Studio | 398 sqft | AED 350KAED 350,000 · Jun 2022June 2022 | 45,000 /yr | |
| 405 | 849 sqft | AED 800KAED 800,000 · Aug 2025August 2025 | 68,000 /yr | ||
| 406 | Studio | 392 sqft | AED 508KAED 508,446 · Mar 2017March 2017 | ||
| 407 | Studio | 398 sqft | AED 485KAED 485,000 · Oct 2024October 2024 | 57,000 /yr | |
| 408 | 1-bed | 899 sqft | AED 790KAED 790,000 · Oct 2024October 2024 | 53,000 /yr | |
| 409 | Studio | 378 sqft | AED 420KAED 420,080 · Jul 2019July 2019 | 42,000 /yr | |
| 410 | Studio | 380 sqft | AED 400KAED 400,000 · Aug 2024August 2024 | 44,000 /yr | |
| 411 | 1-bed | 832 sqft | AED 605KAED 604,800 · Feb 2022February 2022 | 65,000 /yr | |
| 412 | 1-bed | 769 sqft | AED 827KAED 827,200 · Dec 2019December 2019 | 68,000 /yr | |
| 413 | 1-bed | 754 sqft | AED 822KAED 821,750 · Dec 2019December 2019 | 60,000 /yr | |
| 414 | 1-bed | 612 sqft | AED 790KAED 790,000 · Mar 2017March 2017 | 49,350 /yr | |
| 415 | Studio | 377 sqft | AED 506KAED 505,636 · Nov 2017November 2017 | ||
| 416 | Studio | 396 sqft | AED 390KAED 390,000 · May 2023May 2023 | 42,000 /yr | |
| 417 | 1-bed | 820 sqft | AED 530KAED 530,000 · May 2022May 2022 | 75,000 /yr | |
| 418 | Studio | 376 sqft | AED 446KAED 446,400 · Apr 2020April 2020 | 34,000 /yr | |
| 419 | 379 sqft | AED 490KAED 490,000 · Nov 2025November 2025 | 37,000 /yr | ||
| 420 | 1-bed | 881 sqft | AED 759KAED 759,000 · Apr 2023April 2023 | 54,000 /yr | |
| 421 | Studio | 379 sqft | AED 497KAED 497,203 · Jun 2022June 2022 | ||
| 422 | Studio | 381 sqft | AED 423KAED 422,730 · Nov 2022November 2022 | 60,000 /yr | |
| 424 | 1-bed | 790 sqft | AED 701KAED 700,700 · Oct 2020October 2020 | 68,000 /yr | |
| 425 | 2-bed | 1,159 sqft | AED 1.1MAED 1,100,000 · Jun 2020June 2020 |
423, Farishta Residence in numbers
- Sold once: by Azizi Developments on 17 January 2017 for AED 505,000, or AED 1,328 per sqft.
- Rented since September 2020 on 5 Ejari contracts, from AED 24,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2017 price is 8.5%, 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 3 June 2025.
Questions about 423, Farishta Residence
What did unit 423 last sell for?
AED 505,000 on 17 January 2017, sold by the developer: AED 1,328 per sqft for 380 sqft. It is the only registered sale of the unit.
What is the rent for unit 423?
AED 43,000 a year on the contract renewed on 3 June 2025. The previous contract, from June 2024, was AED 40,000; the unit has been rented since September 2020.
How big is unit 423?
380 sqft (35.3 sqm): a studio on the 4th floor of a 12-storey tower completed in 2020.
What is unit 423 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 423, Farishta Residence
Starts from the last sale price (AED 505K, 17 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 505,000
- Deposit, UAE resident (20%)
- AED 101,000
- Deposit, non-resident (40%)
- AED 202,000
- Monthly over 25 years at 3.7%
- AED 2,066
Plus AED 26,220 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →