Home
Dubai prices
About
Research
Studio · 396 sqftFarishta Residence, Al Furjan · 3rd floor · completed 2020

316, Farishta Residence

Sold prices and rental history: sold once, by the developer in July 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 18 January 2026
Last soldAED 548K10 July 2017
Current rentAED 55K /yr18 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 316

Property timeline for 316, Farishta Residence

What is 316 worth today?

Last sold for AED 547,691 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Jan 2026RentedNew contract
AED 55,000/yr12 months · AED 139 per sqft
3 Sep 2021RentedRenewal
AED 23,000/yr12 months · AED 58 per sqft
10 Jul 2017Sold by developerOff-plan
AED 547,691AED 1,381 per sqft

Source: Dubai Land Department. Updated 18 January 2026.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
3rd of 12
Parking
B-74
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 548K · July 2017
Building
Farishta Residence

About 316, Farishta Residence

316 is a studio of 396 sqft on the 3rd floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 10 July 2017 for AED 547,691, or AED 1,381 per sqft, 4% above the AED 1,325 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 18 January 2026, is AED 55,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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, July 2017: AED 547,691 (AED 1,381 per sqft)

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

Rents
Unit 316, each contractTypical studio in Farishta Residence
20K40K60K2020202220242026Typical 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 46,000Renewal, September 2021: AED 23,000 a yearNew contract, January 2026: AED 55,000 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 316 sits

All 130 studios →

316 last sold in July 2017 at AED 1,381 per sqft, 4% above what studios in Farishta Residence were fetching at the time (AED 1,325). 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. 316's AED 55,000 is in the upper 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 3rd floor

All 279 units in Farishta Residence
Value
3011-bedAED 809K · Apr 2020
3021-bedAED 1.01M · Feb 2018
303AED 490K · Nov 2025
304StudioAED 500K · Dec 2016
3051-bedAED 810K · Apr 2025
306StudioAED 390K · Feb 2023
307StudioAED 450K · Apr 2022
1–7 of 23

316, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 10 July 2017 for AED 547,691, or AED 1,381 per sqft.
  • Rented since September 2021 on 2 Ejari contracts, from AED 23,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 10.0%, before a service charge of about AED 6,600 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 18 January 2026.

Questions about 316, Farishta Residence

What did unit 316 last sell for?

AED 547,691 on 10 July 2017, sold by the developer: AED 1,381 per sqft for 396 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 55,000 a year on the contract signed on 18 January 2026. The previous contract, from September 2021, was AED 23,000.

How big is unit 316?

396 sqft (36.8 sqm): a studio on the 3rd floor of a 12-storey tower completed in 2020.

What is unit 316 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.

Selling 316? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 316, Farishta Residence

Starts from the last sale price (AED 548K, 10 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 547,691
Deposit, UAE resident (20%)
AED 109,538
Deposit, non-resident (40%)
AED 219,076
Monthly over 25 years at 3.7%
AED 2,241

Plus AED 28,013 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →