703, Farishta Residence
Sold prices and rental history: sold twice, last in July 2023, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Farishta Residence
What is 703 worth today?
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Source: Dubai Land Department. Updated 6 July 2023.
Key facts
- Type
- Studio apartment
- Size
- 384 sqft
- Floor
- 7th of 12
- Parking
- P1-88
- Developer
- Azizi Developments
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 435K · July 2023
- Building
- Farishta Residence
About 703, Farishta Residence
703 is a studio of 384 sqft on the 7th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. It last sold on 6 July 2023 for AED 435,000, or AED 1,133 per sqft, 6% above the AED 1,066 studios in the building were fetching at the time.
One Ejari contract is registered, from 10 December 2020. The current contract, signed on 10 December 2020, is AED 21,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 6,400 a year.
Sales and rents for 703 over time
703 has sold twice; 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 703 sits
All 130 studios →703 last sold in July 2023 at AED 1,133 per sqft, 6% above what studios in Farishta Residence were fetching at the time (AED 1,066). 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. 703's AED 21,000 is at the bottom 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 7th floor
All 279 units in Farishta Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 798 sqft | AED 857KAED 856,510 · Feb 2022February 2022 | ||
| 702 | 1-bed | 789 sqft | AED 710KAED 710,120 · May 2020May 2020 | 48,000 /yr | |
| 704 | Studio | 398 sqft | AED 551KAED 550,781 · May 2017May 2017 | ||
| 705 | 1-bed | 849 sqft | AED 775KAED 774,750 · Dec 2021December 2021 | 72,000 /yr | |
| 706 | Studio | 392 sqft | AED 435KAED 435,000 · May 2024May 2024 | ||
| 707 | Studio | 398 sqft | AED 410KAED 410,000 · Apr 2024April 2024 | 40,000 /yr | |
| 708 | 1-bed | 899 sqft | AED 820KAED 819,900 · Dec 2019December 2019 | 49,000 /yr | |
| 709 | Studio | 378 sqft | AED 475KAED 475,000 · Mar 2025March 2025 | 44,000 /yr | |
| 710 | Studio | 413 sqft | AED 500KAED 500,000 · Jan 2026January 2026 | 45,000 /yr | |
| 711 | 1-bed | 805 sqft | AED 1.04MAED 1,044,661 · Nov 2017November 2017 | 67,000 /yr | |
| 712 | 1-bed | 769 sqft | AED 649KAED 649,140 · Aug 2022August 2022 | 80,000 /yr | |
| 713 | 1-bed | 754 sqft | AED 725KAED 725,000 · Aug 2023August 2023 | 74,000 /yr | |
| 714 | 1-bed | 612 sqft | AED 820KAED 820,000 · Mar 2017March 2017 | 65,000 /yr | |
| 715 | 377 sqft | AED 520KAED 520,000 · Nov 2025November 2025 | 49,120 /yr | ||
| 716 | Studio | 396 sqft | AED 393KAED 393,400 · Apr 2022April 2022 | 45,000 /yr | |
| 717 | 1-bed | 820 sqft | AED 632KAED 631,890 · Mar 2022March 2022 | 56,700 /yr | |
| 718 | Studio | 376 sqft | AED 420KAED 420,000 · Dec 2023December 2023 | 50,000 /yr | |
| 719 | Studio | 379 sqft | AED 379KAED 378,700 · Mar 2022March 2022 | 45,000 /yr | |
| 720 | 1-bed | 881 sqft | AED 811KAED 810,600 · Mar 2020March 2020 | 63,000 /yr | |
| 721 | Studio | 379 sqft | AED 430KAED 430,000 · Sep 2021September 2021 | 42,000 /yr | |
| 722 | Studio | 381 sqft | AED 506KAED 506,000 · Jun 2020June 2020 | 48,000 /yr | |
| 723 | Studio | 380 sqft | AED 400KAED 400,000 · Oct 2023October 2023 | 30,800 /yr | |
| 724 | 1-bed | 763 sqft | AED 733KAED 732,800 · Nov 2019November 2019 | 70,000 /yr | |
| 725 | 2-bed | 1,227 sqft | AED 1.18MAED 1,175,000 · Dec 2024December 2024 | 100,000 /yr |
703, Farishta Residence in numbers
- Sold twice: first on 5 April 2017 for AED 510,500, last on 6 July 2023 for AED 435,000 (AED 1,133 per sqft).
- Rented since December 2020 on one Ejari contract, at AED 21,000 a year.
- At AED 21,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 6,400 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 6 July 2023.
Questions about 703, Farishta Residence
What did unit 703 last sell for?
AED 435,000 on 6 July 2023: AED 1,133 per sqft for 384 sqft. The unit has 2 registered sales; the first was AED 510,500 in April 2017.
What is the rent for unit 703?
AED 21,000 a year on the contract signed on 10 December 2020.
How big is unit 703?
384 sqft (35.7 sqm): a studio on the 7th floor of a 12-storey tower completed in 2020.
What is unit 703 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 703? Put it on the OpenOffers board
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Mortgage on 703, Farishta Residence
Starts from the last sale price (AED 435K, 6 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 435,000
- Deposit, UAE resident (20%)
- AED 87,000
- Deposit, non-resident (40%)
- AED 174,000
- Monthly over 25 years at 3.7%
- AED 1,780
Plus AED 21,180 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →