823, Farishta Residence
Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 823, Farishta Residence
What is 823 worth today?
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Source: Dubai Land Department. Updated 20 March 2025.
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
- Building
- Farishta Residence
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, 14% below the AED 1,165 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 20 March 2025, is AED 42,000 a year: a gross yield of 11.1% on the 2022 price, before the service charge of about AED 6,300 a year.
Sales and rents for 823 over time
823 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 823 sits
All 130 studios →823 last sold in March 2022 at AED 1,000 per sqft, 14% below what studios in Farishta Residence were fetching at the time (AED 1,165). 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. 823's AED 42,000 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 8th floor
All 279 units in Farishta Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 798 sqft | AED 1.07MAED 1,069,571 · Jun 2018June 2018 | 70,000 /yr | |
| 802 | 1-bed | 789 sqft | AED 870KAED 870,000 · Feb 2026February 2026 | 55,000 /yr | |
| 804 | Studio | 398 sqft | AED 554KAED 554,000 · Apr 2021April 2021 | 45,000 /yr | |
| 805 | 1-bed | 849 sqft | AED 1.06MAED 1,062,000 · Nov 2017November 2017 | 59,000 /yr | |
| 806 | Studio | 392 sqft | AED 510KAED 510,000 · Jul 2017July 2017 | 45,000 /yr | |
| 807 | Studio | 398 sqft | AED 480KAED 480,000 · Apr 2025April 2025 | 35,000 /yr | |
| 808 | 1-bed | 899 sqft | AED 809KAED 808,520 · Nov 2019November 2019 | 59,000 /yr | |
| 809 | Studio | 378 sqft | AED 425KAED 425,000 · Dec 2024December 2024 | 45,000 /yr | |
| 810 | Studio | 413 sqft | AED 425KAED 425,000 · Dec 2024December 2024 | 45,000 /yr | |
| 811 | 805 sqft | AED 870KAED 870,000 · Aug 2025August 2025 | 70,000 /yr | ||
| 812 | 1-bed | 769 sqft | AED 670KAED 670,000 · Aug 2023August 2023 | 55,000 /yr | |
| 813 | 1-bed | 754 sqft | AED 810KAED 810,000 · Apr 2025April 2025 | 69,000 /yr | |
| 814 | 612 sqft | AED 790KAED 790,000 · Nov 2025November 2025 | 63,000 /yr | ||
| 815 | Studio | 377 sqft | AED 509KAED 508,940 · Mar 2017March 2017 | 74,400 /yr | |
| 816 | Studio | 396 sqft | AED 394KAED 394,100 · Apr 2022April 2022 | 35,000 /yr | |
| 817 | 1-bed | 820 sqft | AED 1.02MAED 1,022,774 · Jan 2018January 2018 | 72,000 /yr | |
| 818 | Studio | 376 sqft | AED 512KAED 511,572 · Mar 2018March 2018 | 45,000 /yr | |
| 819 | Studio | 379 sqft | AED 430KAED 430,000 · Mar 2024March 2024 | 45,000 /yr | |
| 820 | 1-bed | 881 sqft | AED 880KAED 880,000 · May 2025May 2025 | 50,578 /yr | |
| 821 | Studio | 379 sqft | AED 516KAED 515,929 · Oct 2017October 2017 | 38,000 /yr | |
| 822 | Studio | 381 sqft | AED 560KAED 560,402 · Mar 2018March 2018 | 43,000 /yr | |
| 824 | 1-bed | 763 sqft | AED 626KAED 625,800 · Oct 2023October 2023 | ||
| 825 | 2-bed | 1,227 sqft | AED 1.28MAED 1,279,000 · Jul 2020July 2020 |
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 2 Ejari contracts, at AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2022 price is 11.1%, 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 20 March 2025.
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 42,000 a year on the contract signed on 20 March 2025. The previous contract, from March 2025, was AED 42,000.
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 490,000 to 520,000 in the last 12 months, around AED 1,291 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 AED 18,874 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →