Studio · 392 sqftFarishta Residence, Al Furjan · 7th floor · completed 2020

706, Farishta Residence

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 2 May 2024
Last soldAED 435K2 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Farishta Residence

What is 706 worth today?

Last sold for AED 435,000 in 2024

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2 May 2024SoldReady
AED 435,000AED 1,109 per sqft
25 May 2022Sold by developerReady
AED 394,800AED 1,006 per sqft

Source: Dubai Land Department. Updated 2 May 2024.

Key facts

Type
Studio apartment
Size
392 sqft
Floor
7th of 12
Parking
P1-91
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,500 /yr
Last sold
AED 435K · May 2024

About 706, Farishta Residence

706 is a studio of 392 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 2 May 2024 for AED 435,000, or AED 1,109 per sqft, in line with the AED 1,097 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, 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, May 2022: AED 394,800 (AED 1,006 per sqft)Sold, May 2024: AED 435,000 (AED 1,109 per sqft)

706 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 706, each contractTypical studio in Farishta Residence
30K40K2020202220242026Typical 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 46,000

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 706 sits

All 130 studios →

706 last sold in May 2024 at AED 1,109 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,097). 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.

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 7th floor

All 279 units in Farishta Residence
Value
7011-bedAED 857K · Feb 2022
7021-bedAED 710K · May 2020
703StudioAED 435K · Jul 2023
704StudioAED 551K · May 2017
7051-bedAED 775K · Dec 2021
707StudioAED 410K · Apr 2024
7081-bedAED 820K · Dec 2019
1–7 of 24

706, Farishta Residence in numbers

  • Sold twice: first on 25 May 2022 for AED 394,800, last on 2 May 2024 for AED 435,000 (AED 1,109 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 2 May 2024.

Questions about 706, Farishta Residence

What did unit 706 last sell for?

AED 435,000 on 2 May 2024: AED 1,109 per sqft for 392 sqft. The unit has 2 registered sales; the first was AED 394,800 in May 2022.

How big is unit 706?

392 sqft (36.4 sqm): a studio on the 7th floor of a 12-storey tower completed in 2020.

What is unit 706 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.

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Mortgage on 706, Farishta Residence

Starts from the last sale price (AED 435K, 2 May 2024). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →