721, Farishta Residence
Sold prices and rental history: sold once, by the developer in September 2021, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 721, Farishta Residence
What is 721 worth today?
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Source: Dubai Land Department. Updated 10 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 379 sqft
- Floor
- 7th of 12
- Parking
- P1-70
- Developer
- Azizi Developments
- Completed
- 2020
- Service charge
- AED 6,300 /yr
- Last sold
- AED 430K · September 2021
- Building
- Farishta Residence
About 721, Farishta Residence
721 is a studio of 379 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 5 September 2021 for AED 430,000, or AED 1,134 per sqft, in line with the AED 1,115 studios in the building were fetching at the time.
One Ejari contract is registered, from 10 May 2024. The current contract, signed on 10 May 2024, is AED 42,000 a year: a gross yield of 9.8% on the 2021 price, before the service charge of about AED 6,300 a year.
Sales and rents for 721 over time
721 has sold once; 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 721 sits
All 130 studios →721 last sold in September 2021 at AED 1,134 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,115). Over the last 12 months studios sold for AED 490,000 to 520,000, around AED 1,289 per sqft, and rent for AED 34,728 to 74,400 a year. 721's AED 42,000 is in the lower half 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. 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%
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 | |
| 703 | Studio | 384 sqft | AED 435KAED 435,000 · Jul 2023July 2023 | 21,000 /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 | |
| 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 |
721, Farishta Residence in numbers
- Sold once: by Azizi Developments on 5 September 2021 for AED 430,000, or AED 1,134 per sqft.
- Rented since May 2024 on one Ejari contract, at AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2021 price is 9.8%, before a service charge of about AED 6,300 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 1,083 per sqft.
Source: Dubai Land Department. Updated 10 May 2024.
Questions about 721, Farishta Residence
What did unit 721 last sell for?
AED 430,000 on 5 September 2021, sold by the developer: AED 1,134 per sqft for 379 sqft. It is the only registered sale of the unit.
What is the rent for unit 721?
AED 42,000 a year on the contract signed on 10 May 2024.
How big is unit 721?
379 sqft (35.2 sqm): a studio on the 7th floor of a 12-storey tower completed in 2020.
What is unit 721 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 1,289 per sqft.
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Mortgage on 721, Farishta Residence
Starts from the last sale price (AED 430K, 5 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 430,000
- Deposit, UAE resident (20%)
- AED 86,000
- Deposit, non-resident (40%)
- AED 172,000
- Monthly over 25 years at 3.7%
- AED 1,759
Plus AED 20,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →