318, Farishta Residence
Sold prices and rental history: sold 3 times, last in September 2024, and rented once, from February 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 318, Farishta Residence
What is 318 worth today?
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Source: Dubai Land Department. Updated 4 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 376 sqft
- Floor
- 3rd of 12
- Parking
- B-76
- Developer
- Azizi Developments
- Completed
- 2020
- Service charge
- AED 6,200 /yr
- Last sold
- AED 470K · September 2024
- Building
- Farishta Residence
About 318, Farishta Residence
318 is a studio of 376 sqft on the 3rd floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. It last sold on 4 September 2024 for AED 470,000, or AED 1,250 per sqft, 12% above the AED 1,119 studios in the building were fetching at the time.
One Ejari contract is registered, from 29 February 2024. The current contract, signed on 29 February 2024, is AED 57,600 a year: a gross yield of 12.3% on the 2024 price, before the service charge of about AED 6,200 a year.
Sales and rents for 318 over time
318 has sold 3 times; 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 318 sits
All 130 studios →318 last sold in September 2024 at AED 1,250 per sqft, 12% above what studios in Farishta Residence were fetching at the time (AED 1,119). Over the last 12 months studios sold for AED 490,000 to 520,000, around AED 1,289 per sqft, and rent for AED 34,728 to 74,400 a year. 318's AED 57,600 is in the upper 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. 8 sold in the last 12 months.
- Typical price per sqft
- AED 1,083
- Typical sale
- AED 803K
- Typical rent
- AED 55K /yr
- Typical yield
- 9.7%
Other units on the 3rd floor
All 279 units in Farishta Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 798 sqft | AED 809KAED 809,340 · Apr 2020April 2020 | 69,613 /yr | |
| 302 | 1-bed | 835 sqft | AED 1.01MAED 1,014,870 · Feb 2018February 2018 | 70,000 /yr | |
| 303 | 384 sqft | AED 490KAED 490,000 · Nov 2025November 2025 | 45,000 /yr | ||
| 304 | Studio | 398 sqft | AED 500KAED 500,000 · Dec 2016December 2016 | 48,000 /yr | |
| 305 | 1-bed | 849 sqft | AED 810KAED 810,000 · Apr 2025April 2025 | 47,300 /yr | |
| 306 | Studio | 392 sqft | AED 390KAED 390,000 · Feb 2023February 2023 | 44,000 /yr | |
| 307 | Studio | 398 sqft | AED 450KAED 450,000 · Apr 2022April 2022 | 45,000 /yr | |
| 308 | 1-bed | 899 sqft | AED 788KAED 787,500 · Mar 2022March 2022 | 57,000 /yr | |
| 309 | Studio | 378 sqft | AED 366KAED 366,100 · Apr 2022April 2022 | 42,885 /yr | |
| 310 | Studio | 380 sqft | AED 476KAED 476,195 · Jul 2020July 2020 | ||
| 311 | 1-bed | 832 sqft | AED 722KAED 722,420 · Apr 2020April 2020 | 72,000 /yr | |
| 312 | 1-bed | 769 sqft | AED 800KAED 800,000 · Apr 2025April 2025 | 51,938 /yr | |
| 313 | 1-bed | 754 sqft | AED 550KAED 550,000 · Jul 2024July 2024 | 68,000 /yr | |
| 314 | 1-bed | 612 sqft | AED 780KAED 780,000 · Oct 2017October 2017 | 59,500 /yr | |
| 315 | Studio | 377 sqft | AED 458KAED 458,490 · May 2020May 2020 | 48,000 /yr | |
| 316 | Studio | 396 sqft | AED 548KAED 547,691 · Jul 2017July 2017 | 55,000 /yr | |
| 317 | 1-bed | 820 sqft | AED 550KAED 550,000 · Jun 2022June 2022 | 68,000 /yr | |
| 319 | Studio | 379 sqft | AED 449KAED 448,760 · Apr 2021April 2021 | 34,000 /yr | |
| 320 | 1-bed | 881 sqft | AED 1.05MAED 1,048,214 · Nov 2017November 2017 | 69,000 /yr | |
| 321 | Studio | 379 sqft | AED 424KAED 424,150 · Aug 2020August 2020 | 36,500 /yr | |
| 322 | Studio | 381 sqft | AED 509KAED 508,799 · Jul 2019July 2019 | 23,000 /yr | |
| 323 | Studio | 380 sqft | AED 502KAED 501,608 · Apr 2017April 2017 | 43,000 /yr | |
| 324 | 1-bed | 790 sqft | AED 989KAED 988,812 · Dec 2017December 2017 | 65,000 /yr |
318, Farishta Residence in numbers
- Sold 3 times: first on 22 July 2022 for AED 452,640, last on 4 September 2024 for AED 470,000 (AED 1,250 per sqft).
- Rented since February 2024 on one Ejari contract, at AED 57,600 a year.
- At AED 57,600 a year the gross yield on the 2024 price is 12.3%, 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 1,083 per sqft.
Source: Dubai Land Department. Updated 4 September 2024.
Questions about 318, Farishta Residence
What did unit 318 last sell for?
AED 470,000 on 4 September 2024: AED 1,250 per sqft for 376 sqft. The unit has 3 registered sales; the first was AED 452,640 in July 2022.
What is the rent for unit 318?
AED 57,600 a year on the contract signed on 29 February 2024.
How big is unit 318?
376 sqft (34.9 sqm): a studio on the 3rd floor of a 12-storey tower completed in 2020.
What is unit 318 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 1,289 per sqft.
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Mortgage on 318, Farishta Residence
Starts from the last sale price (AED 470K, 4 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 470,000
- Deposit, UAE resident (20%)
- AED 94,000
- Deposit, non-resident (40%)
- AED 188,000
- Monthly over 25 years at 3.7%
- AED 1,923
Plus AED 22,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →