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1-bed · 763 sqftFarishta Residence, Al Furjan · 7th floor · completed 2020

724, Farishta Residence

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 724 · DLD and Ejari recordsUpdated 27 September 2025
Last soldAED 733K24 November 2019
Current rentAED 70K /yr27 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 724, Farishta Residence

What is 724 worth today?

Last sold for AED 732,800 in 2019

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27 Sep 2025RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
20 Feb 2023RentedNew contract
AED 44,743/yr12 months · AED 59 per sqft
7 Dec 2021RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
4 Nov 2020RentedNew contract
AED 36,000/yr12 months · AED 47 per sqft
24 Nov 2019Sold by developerOff-plan
AED 732,800AED 960 per sqft

Source: Dubai Land Department. Updated 27 September 2025.

Key facts

Type
1-bed apartment
Size
763 sqft
Floor
7th of 12
Parking
P2-2
Developer
Azizi Developments
Completed
2020
Service charge
AED 12,600 /yr
Last sold
AED 733K · November 2019
Building
Farishta Residence

About 724, Farishta Residence

724 is a one-bedroom apartment of 763 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 24 November 2019 for AED 732,800, or AED 960 per sqft, 5% above the AED 910 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 27 September 2025, is AED 70,000 a year: a gross yield of 9.6% on the 2019 price, before the service charge of about AED 12,600 a year.

Sales and rents for 724 over time

Sales
Unit 724, 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, November 2019: AED 732,800 (AED 960 per sqft)

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

Rents
Unit 724, 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, November 2020: AED 36,000 a yearNew contract, December 2021: AED 40,000 a yearNew contract, February 2023: AED 44,743 a yearNew contract, September 2025: AED 70,000 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 724 sits

All 115 1-beds →

724 last sold in November 2019 at AED 960 per sqft, 5% above 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. 724's AED 70,000 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 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

724, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 24 November 2019 for AED 732,800, or AED 960 per sqft.
  • Rented since November 2020 on 4 Ejari contracts, from AED 36,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2019 price is 9.6%, before a service charge of about AED 12,600 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 27 September 2025.

Questions about 724, Farishta Residence

What did unit 724 last sell for?

AED 732,800 on 24 November 2019, sold by the developer: AED 960 per sqft for 763 sqft. It is the only registered sale of the unit.

What is the rent for unit 724?

AED 70,000 a year on the contract signed on 27 September 2025. The previous contract, from February 2023, was AED 44,743; the unit has been rented since November 2020.

How big is unit 724?

763 sqft (70.9 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2020.

What is unit 724 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 724, Farishta Residence

Starts from the last sale price (AED 733K, 24 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 732,800
Deposit, UAE resident (20%)
AED 146,560
Deposit, non-resident (40%)
AED 293,120
Monthly over 25 years at 3.7%
AED 2,998

Plus AED 35,788 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →