Studio · 379 sqftFarishta Residence, Al Furjan · 8th floor · completed 2020

821, Farishta Residence

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 821 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 516K8 October 2017
Current rentAED 38K /yr12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 821, Farishta Residence

What is 821 worth today?

Last sold for AED 515,929 in 2017

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12 Aug 2024RentedRenewal
AED 38,000/yr12 months · AED 100 per sqft
12 Aug 2023RentedNew contract
AED 38,000/yr12 months · AED 100 per sqft
13 Aug 2022RentedRenewal
AED 27,500/yr12 months · AED 73 per sqft
13 Aug 2021RentedNew contract
AED 25,000/yr12 months · AED 66 per sqft
6 Aug 2020RentedNew contract
AED 25,000/yr12 months · AED 66 per sqft
8 Oct 2017Sold by developerOff-plan
AED 515,929AED 1,360 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
Studio apartment
Size
379 sqft
Floor
8th of 12
Parking
P2-21
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 516K · October 2017

About 821, Farishta Residence

821 is a studio of 379 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 8 October 2017 for AED 515,929, or AED 1,360 per sqft, in line with the AED 1,325 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 12 August 2024, is AED 38,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 6,300 a year.

Sales and rents for 821 over time

Sales
Unit 821, 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, October 2017: AED 515,929 (AED 1,360 per sqft)

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

Rents
Unit 821, 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, August 2020: AED 25,000 a yearNew contract, August 2021: AED 25,000 a yearRenewal, August 2022: AED 27,500 a yearNew contract, August 2023: AED 38,000 a yearRenewal, August 2024: AED 38,000 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 821 sits

All 130 studios →

821 last sold in October 2017 at AED 1,360 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,325). 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. 821's AED 38,000 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

821, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 8 October 2017 for AED 515,929, or AED 1,360 per sqft.
  • Rented since August 2020 on 5 Ejari contracts, from AED 25,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2017 price is 7.4%, 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 1,103 per sqft.

Source: Dubai Land Department. Updated 12 August 2024.

Questions about 821, Farishta Residence

What did unit 821 last sell for?

AED 515,929 on 8 October 2017, sold by the developer: AED 1,360 per sqft for 379 sqft. It is the only registered sale of the unit.

What is the rent for unit 821?

AED 38,000 a year on the contract renewed on 12 August 2024. The previous contract, from August 2023, was AED 38,000; the unit has been rented since August 2020.

How big is unit 821?

379 sqft (35.2 sqm): a studio on the 8th floor of a 12-storey tower completed in 2020.

What is unit 821 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 821, Farishta Residence

Starts from the last sale price (AED 516K, 8 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 515,929
Deposit, UAE resident (20%)
AED 103,186
Deposit, non-resident (40%)
AED 206,372
Monthly over 25 years at 3.7%
AED 2,111

Plus AED 26,679 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →