1-bed · 899 sqftFarishta Residence, Al Furjan · 7th floor · completed 2020

708, Farishta Residence

Sold prices and rental history: sold once, by the developer in December 2019, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 10 March 2023
Last soldAED 820K18 December 2019
Current rentAED 49K /yr10 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Farishta Residence

What is 708 worth today?

Last sold for AED 819,900 in 2019

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10 Mar 2023RentedRenewal
AED 49,000/yr12 months · AED 55 per sqft
10 Mar 2022RentedRenewal
AED 44,000/yr12 months · AED 49 per sqft
10 Mar 2021RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
18 Dec 2019Sold by developerOff-plan
AED 819,900AED 912 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2023.

Key facts

Type
1-bed apartment
Size
899 sqft
Floor
7th of 12
Parking
P1-93
Developer
Azizi Developments
Completed
2020
Service charge
AED 14,900 /yr
Last sold
AED 820K · December 2019

About 708, Farishta Residence

708 is a one-bedroom apartment of 899 sqft on the 7th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 18 December 2019 for AED 819,900, or AED 912 per sqft, in line with the AED 910 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 10 March 2023, is AED 49,000 a year: a gross yield of 6.0% on the 2019 price, before the service charge of about AED 14,900 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, December 2019: AED 819,900 (AED 912 per sqft)

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

Rents
Unit 708, 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, March 2021: AED 40,000 a yearRenewal, March 2022: AED 44,000 a yearRenewal, March 2023: AED 49,000 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 708 sits

All 115 1-beds →

708 last sold in December 2019 at AED 912 per sqft, in line with what one-beds in Farishta Residence were fetching at the time (AED 910). 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. 708's AED 49,000 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. 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%
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
706StudioAED 435K · May 2024
707StudioAED 410K · Apr 2024
1–7 of 24

708, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 18 December 2019 for AED 819,900, or AED 912 per sqft.
  • Rented since March 2021 on 3 Ejari contracts, from AED 40,000 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2019 price is 6.0%, 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 1,083 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2023.

Questions about 708, Farishta Residence

What did unit 708 last sell for?

AED 819,900 on 18 December 2019, sold by the developer: AED 912 per sqft for 899 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 49,000 a year on the contract renewed on 10 March 2023. The previous contract, from March 2022, was AED 44,000; the unit has been rented since March 2021.

How big is unit 708?

899 sqft (83.5 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2020.

What is unit 708 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 708, Farishta Residence

Starts from the last sale price (AED 820K, 18 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 819,900
Deposit, UAE resident (20%)
AED 163,980
Deposit, non-resident (40%)
AED 327,960
Monthly over 25 years at 3.7%
AED 3,354

Plus AED 39,446 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →