Studio · 396 sqftFarishta Residence, Al Furjan · 8th floor · completed 2020

816, Farishta Residence

Sold prices and rental history: sold once, by the developer in April 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 816 · DLD and Ejari recordsUpdated 12 June 2023
Last soldAED 394K5 April 2022
Current rentAED 35K /yr12 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 816, Farishta Residence

What is 816 worth today?

Last sold for AED 394,100 in 2022

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12 Jun 2023RentedNew contract
AED 35,000/yr12 months · AED 88 per sqft
1 Sep 2022RentedNew contract
AED 28,075/yr12 months · AED 70 per sqft
5 Apr 2022Sold by developerReady
AED 394,100AED 994 per sqft

Source: Dubai Land Department. Updated 12 June 2023.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
8th of 12
Parking
P2-17
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 394K · April 2022

About 816, Farishta Residence

816 is a studio of 396 sqft on the 8th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 5 April 2022 for AED 394,100, or AED 994 per sqft, 12% below the AED 1,131 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 12 June 2023, is AED 35,000 a year: a gross yield of 8.9% on the 2022 price, before the service charge of about AED 6,600 a year.

Sales and rents for 816 over time

Sales
Unit 816, 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, April 2022: AED 394,100 (AED 994 per sqft)

816 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 816, 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 46,000New contract, September 2022: AED 28,075 a yearNew contract, June 2023: AED 35,000 a year

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 816 sits

All 130 studios →

816 last sold in April 2022 at AED 994 per sqft, 12% below what studios in Farishta Residence were fetching at the time (AED 1,131). 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. 816's AED 35,000 is in the lower half of that range.

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 8th floor

All 279 units in Farishta Residence
Value
8011-bedAED 1.07M · Jun 2018
8021-bedAED 870K · Feb 2026
804StudioAED 554K · Apr 2021
8051-bedAED 1.06M · Nov 2017
806StudioAED 510K · Jul 2017
807StudioAED 480K · Apr 2025
8081-bedAED 809K · Nov 2019
1–7 of 23

816, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 5 April 2022 for AED 394,100, or AED 994 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 28,075 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2022 price is 8.9%, before a service charge of about AED 6,600 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 12 June 2023.

Questions about 816, Farishta Residence

What did unit 816 last sell for?

AED 394,100 on 5 April 2022, sold by the developer: AED 994 per sqft for 396 sqft. It is the only registered sale of the unit.

What is the rent for unit 816?

AED 35,000 a year on the contract signed on 12 June 2023. The previous contract, from September 2022, was AED 28,075.

How big is unit 816?

396 sqft (36.8 sqm): a studio on the 8th floor of a 12-storey tower completed in 2020.

What is unit 816 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 816, Farishta Residence

Starts from the last sale price (AED 394K, 5 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 394,100
Deposit, UAE resident (20%)
AED 78,820
Deposit, non-resident (40%)
AED 157,640
Monthly over 25 years at 3.7%
AED 1,612

Plus AED 19,462 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →