1007, Farishta Residence
Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1007, Farishta Residence
What is 1007 worth today?
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Source: Dubai Land Department. Updated 24 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 398 sqft
- Floor
- 10th of 12
- Parking
- P2-59
- Developer
- Azizi Developments
- Completed
- 2020
- Service charge
- AED 6,600 /yr
- Last sold
- AED 440K · April 2024
- Building
- Farishta Residence
About 1007, Farishta Residence
1007 is a studio of 398 sqft on the 10th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. It last sold on 3 April 2024 for AED 440,000, or AED 1,106 per sqft, in line with the AED 1,087 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 24 May 2024, is AED 48,000 a year: a gross yield of 10.9% on the 2024 price, before the service charge of about AED 6,600 a year.
Sales and rents for 1007 over time
1007 has sold twice; 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 1007 sits
All 135 studios →1007 last sold in April 2024 at AED 1,106 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,087). Over the last 12 months studios sold for AED 430,000 to 520,000, around AED 1,283 per sqft, and rent for AED 34,728 to 74,400 a year. 1007's AED 48,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 377 sqft | 515,000 | 1,365 | ||
| 29 Oct 202629 October 2026 | 396 sqft | 500,000 | 1,261 | ||
| 16 Oct 202616 October 2026 | 381 sqft | 498,000 | 1,306 | ||
| 23 Jun 202623 June 2026 | 398 sqft | 430,000 | 1,079 |
Farishta Residence
Building282 apartments, studios to 2-bed over 12 floors in Al Furjan, completed in 2020 by Azizi Developments. 22 sold in the last 12 months.
- Typical price per sqft
- AED 1,091 Down 1.5%
- Typical sale
- AED 690K
- Typical rent
- AED 57K /yr
- Typical yield
- 8.9%
Other units on the 10th floor
All 282 units in Farishta Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 800 sqft | AED 992KAED 991,791 · Oct 2017October 2017 | 62,000 /yr | |
| 1002 | 1-bed | 835 sqft | AED 1.03MAED 1,026,098 · Jun 2018June 2018 | 70,455 /yr | |
| 1003 | Studio | 384 sqft | AED 549KAED 548,780 · Jun 2018June 2018 | 30,000 /yr | |
| 1004 | Studio | 398 sqft | AED 526KAED 525,635 · Jun 2017June 2017 | 33,000 /yr | |
| 1005 | 1-bed | 781 sqft | AED 853KAED 853,000 · Jun 2025June 2025 | 49,680 /yr | |
| 1006 | Studio | 392 sqft | AED 538KAED 538,296 · Apr 2017April 2017 | 48,600 /yr | |
| 1008 | 1-bed | 135 sqft | No registered sale | 62,000 /yr | |
| 1009 | Studio | 378 sqft | AED 512KAED 511,735 · Dec 2016December 2016 | 40,000 /yr | |
| 1010 | Studio | 380 sqft | AED 504KAED 503,937 · Apr 2017April 2017 | 30,000 /yr | |
| 1011 | 1-bed | 832 sqft | AED 530KAED 530,225 · Jun 2022June 2022 | 69,000 /yr | |
| 1012 | 1-bed | 769 sqft | AED 722KAED 721,600 · May 2022May 2022 | 54,632 /yr | |
| 1013 | 1-bed | 754 sqft | AED 773KAED 773,100 · Sep 2021September 2021 | 69,000 /yr | |
| 1014 | 1-bed | 612 sqft | AED 780KAED 780,000 · Nov 2025November 2025 | 65,000 /yr | |
| 1015 | Studio | 377 sqft | AED 427KAED 426,600 · Jan 2022January 2022 | 45,000 /yr | |
| 1016 | Studio | 396 sqft | AED 562KAED 561,667 · Oct 2017October 2017 | 41,000 /yr | |
| 1017 | 1-bed | 756 sqft | AED 1.07MAED 1,065,056 · Feb 2021February 2021 | ||
| 1018 | Studio | 376 sqft | AED 446KAED 445,918 · Mar 2020March 2020 | ||
| 1019 | Studio | 379 sqft | AED 500KAED 500,000 · Aug 2025August 2025 | 43,000 /yr | |
| 1020 | 1-bed | 881 sqft | AED 830KAED 830,000 · Jan 2025January 2025 | 60,000 /yr | |
| 1021 | Studio | 379 sqft | AED 536KAED 536,000 · Nov 2017November 2017 | 45,000 /yr | |
| 1022 | Studio | 381 sqft | AED 384KAED 383,600 · Mar 2022March 2022 | ||
| 1023 | Studio | 380 sqft | AED 448KAED 447,720 · May 2022May 2022 | 36,383 /yr | |
| 1024 | 1-bed | 790 sqft | AED 686KAED 685,980 · Dec 2022December 2022 | ||
| 1025 | 2-bed | 1,227 sqft | AED 1.28MAED 1,280,000 · Nov 2024November 2024 |
1007, Farishta Residence in numbers
- Sold twice: first on 5 March 2018 for AED 547,359, last on 3 April 2024 for AED 440,000 (AED 1,106 per sqft).
- Rented since September 2020 on 5 Ejari contracts, from AED 24,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2024 price is 10.9%, before a service charge of about AED 6,600 a year (AED 16.56 per sqft).
- Studios in Farishta Residence sold for AED 430,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 1,091 per sqft.
Source: Dubai Land Department. Updated 24 May 2024.
Questions about 1007, Farishta Residence
What did unit 1007 last sell for?
AED 440,000 on 3 April 2024: AED 1,106 per sqft for 398 sqft. The unit has 2 registered sales; the first was AED 547,359 in March 2018.
What is the rent for unit 1007?
AED 48,000 a year on the contract signed on 24 May 2024. The previous contract, from May 2023, was AED 38,000; the unit has been rented since September 2020.
How big is unit 1007?
398 sqft (37.0 sqm): a studio on the 10th floor of a 12-storey tower completed in 2020.
What is unit 1007 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 430,000 to 520,000 in the last 12 months, around AED 1,283 per sqft.
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Mortgage on 1007, Farishta Residence
Starts from the last sale price (AED 440K, 3 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 440,000
- Deposit, UAE resident (20%)
- AED 88,000
- Deposit, non-resident (40%)
- AED 176,000
- Monthly over 25 years at 3.7%
- AED 1,800
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →