1-bed · 835 sqftFarishta Residence, Al Furjan · 5th floor · completed 2020

502, Farishta Residence

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

Unit 502 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 625K5 January 2021
Current rentAED 58K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Farishta Residence

What is 502 worth today?

Last sold for AED 624,890 in 2021

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15 Feb 2025RentedRenewal
AED 57,750/yr12 months · AED 69 per sqft
15 Feb 2024RentedRenewal
AED 57,750/yr12 months · AED 69 per sqft
15 Feb 2023RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
20 Aug 2022RentedRenewal
AED 43,700/yr12 months · AED 52 per sqft
20 Aug 2021RentedNew contract
AED 38,000/yr12 months · AED 46 per sqft
5 Jan 2021Sold by developerReady
AED 624,890AED 748 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
1-bed apartment
Size
835 sqft
Floor
5th of 12
Parking
P1-10
Developer
Azizi Developments
Completed
2020
Service charge
AED 13,800 /yr
Last sold
AED 625K · January 2021

About 502, Farishta Residence

502 is a one-bedroom apartment of 835 sqft on the 5th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 5 January 2021 for AED 624,890, or AED 748 per sqft, 19% below the AED 928 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 57,750 a year: a gross yield of 9.2% on the 2021 price, before the service charge of about AED 13,800 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Farishta Residence
600K800K1M2017202020232026Typical sale price by year: 2017 AED 990,396; 2018 AED 1,023,346; 2019 AED 808,520; 2020 AED 781,200; 2021 AED 672,300; 2022 AED 673,050; 2023 AED 725,000; 2024 AED 775,000; 2025 AED 822,500Sold by developer, January 2021: AED 624,890 (AED 748 per sqft)

502 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in Farishta Residence
40K60K2020202220242026Typical rent by year: 2020 AED 40,000; 2021 AED 40,000; 2022 AED 44,000; 2023 AED 54,000; 2024 AED 57,000; 2025 AED 66,000; 2026 AED 70,500New contract, August 2021: AED 38,000 a yearRenewal, August 2022: AED 43,700 a yearNew contract, February 2023: AED 55,000 a yearRenewal, February 2024: AED 57,750 a yearRenewal, February 2025: AED 57,750 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Farishta Residence, and where 502 sits

All 115 1-beds →

502 last sold in January 2021 at AED 748 per sqft, 19% below what one-beds in Farishta Residence were fetching at the time (AED 928). Over the last 12 months one-beds sold for AED 790,645 to 870,000, around AED 1,024 per sqft, and rent for AED 47,300 to 110,000 a year. 502's AED 57,750 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 2026870,000
27 Jan 2026840,000
30 Dec 2025815,000
16 Dec 2025790,645
5 1-bed 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 5th floor

All 279 units in Farishta Residence
Value
501AED 825K · Sep 2025
503StudioAED 493K · Dec 2017
504StudioAED 519K · Feb 2017
5051-bedAED 1.02M · Sep 2020
506StudioAED 438K · Oct 2019
507StudioAED 517K · Feb 2017
5081-bedAED 685K · Jul 2023
1–7 of 24

502, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 5 January 2021 for AED 624,890, or AED 748 per sqft.
  • Rented since August 2021 on 5 Ejari contracts, from AED 38,000 to AED 57,750 a year.
  • At AED 57,750 a year the gross yield on the 2021 price is 9.2%, before a service charge of about AED 13,800 a year (AED 16.56 per sqft).
  • One-beds in Farishta Residence sold for AED 790,645–870,000 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 15 February 2025.

Questions about 502, Farishta Residence

What did unit 502 last sell for?

AED 624,890 on 5 January 2021, sold by the developer: AED 748 per sqft for 835 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 57,750 a year on the contract renewed on 15 February 2025. The previous contract, from February 2024, was AED 57,750; the unit has been rented since August 2021.

How big is unit 502?

835 sqft (77.6 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Farishta Residence sold for AED 790,645 to 870,000 in the last 12 months, around AED 1,024 per sqft.

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Mortgage on 502, Farishta Residence

Starts from the last sale price (AED 625K, 5 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 624,890
Deposit, UAE resident (20%)
AED 124,978
Deposit, non-resident (40%)
AED 249,956
Monthly over 25 years at 3.7%
AED 2,557

Plus AED 31,256 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →