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1-bed · 899 sqftFarishta Residence, Al Furjan · 5th floor · completed 2020

508, Farishta Residence

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 28 July 2025
Last soldAED 685K5 July 2023
Current rentAED 72K /yr28 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Farishta Residence

What is 508 worth today?

Last sold for AED 685,000 in 2023

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28 Jul 2025RentedRenewal
AED 72,000/yr12 months · AED 80 per sqft
28 Jul 2024RentedRenewal
AED 72,000/yr12 months · AED 80 per sqft
28 Jul 2023RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
5 Jul 2023SoldReady
AED 685,000AED 762 per sqft
4 Jan 2021Sold by developerReady
AED 720,000AED 801 per sqft
17 Dec 2020RentedNew contract
AED 36,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 28 July 2025.

Key facts

Type
1-bed apartment
Size
899 sqft
Floor
5th of 12
Parking
P1-16
Developer
Azizi Developments
Completed
2020
Service charge
AED 14,900 /yr
Last sold
AED 685K · July 2023
Building
Farishta Residence

About 508, Farishta Residence

508 is a one-bedroom apartment of 899 sqft on the 5th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. It last sold on 5 July 2023 for AED 685,000, or AED 762 per sqft, 11% below the AED 861 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 28 July 2025, is AED 72,000 a year: a gross yield of 10.5% on the 2023 price, before the service charge of about AED 14,900 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Farishta Residence
800K1M2017202020232026Typical 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 720,000 (AED 801 per sqft)Sold, July 2023: AED 685,000 (AED 762 per sqft)

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

Rents
Unit 508, 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, December 2020: AED 36,000 a yearNew contract, July 2023: AED 60,000 a yearRenewal, July 2024: AED 72,000 a yearRenewal, July 2025: AED 72,000 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 508 sits

All 115 1-beds →

508 last sold in July 2023 at AED 762 per sqft, 11% below what one-beds in Farishta Residence were fetching at the time (AED 861). 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. 508's AED 72,000 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
5021-bedAED 625K · Jan 2021
503StudioAED 493K · Dec 2017
504StudioAED 519K · Feb 2017
5051-bedAED 1.02M · Sep 2020
506StudioAED 438K · Oct 2019
507StudioAED 517K · Feb 2017
1–7 of 24

508, Farishta Residence in numbers

  • Sold twice: first on 4 January 2021 for AED 720,000, last on 5 July 2023 for AED 685,000 (AED 762 per sqft).
  • Rented since December 2020 on 4 Ejari contracts, from AED 36,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2023 price is 10.5%, before a service charge of about AED 14,900 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 28 July 2025.

Questions about 508, Farishta Residence

What did unit 508 last sell for?

AED 685,000 on 5 July 2023: AED 762 per sqft for 899 sqft. The unit has 2 registered sales; the first was AED 720,000 in January 2021.

What is the rent for unit 508?

AED 72,000 a year on the contract renewed on 28 July 2025. The previous contract, from July 2024, was AED 72,000; the unit has been rented since December 2020.

How big is unit 508?

899 sqft (83.5 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.

What is unit 508 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 508, Farishta Residence

Starts from the last sale price (AED 685K, 5 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

Plus AED 33,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →