Studio · 396 sqftFarishta Residence, Al Furjan · 10th floor · completed 2020

1016, Farishta Residence

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1016 · DLD and Ejari recordsUpdated 25 January 2026

Last soldAED 562K11 October 2017

Current rentAED 41K /yr25 January 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1016, Farishta Residence

Today

What is 1016 worth today?

Last sold for AED 561,667 in 2017

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25 Jan 2026

25 Jan 2026RentedRenewal

AED 41,000/yr12 months · AED 103 per sqft

25 Jan 2025

25 Jan 2025RentedRenewal

AED 41,000/yr12 months · AED 103 per sqft

25 Jan 2025

25 Jan 2025RentedRenewal

AED 41,000/yr12 months · AED 103 per sqft

25 Jan 2024

25 Jan 2024RentedNew contract

AED 40,000/yr12 months · AED 101 per sqft

15 Jan 2023

15 Jan 2023RentedRenewal

AED 26,000/yr12 months · AED 65 per sqft

15 Jan 2022

15 Jan 2022RentedRenewal

AED 23,000/yr12 months · AED 58 per sqft

15 Jan 2021

15 Jan 2021RentedNew contract

AED 23,000/yr12 months · AED 58 per sqft

11 Oct 2017

11 Oct 2017Sold by developerOff-plan

AED 561,667AED 1,416 per sqft

Source: Dubai Land Department. Updated 25 January 2026.

Key facts

Type: Studio apartment
Size: 396 sqft
Floor: 10th of 12
Parking: P2-68
Developer: Azizi Developments
Completed: 2020
Service charge: AED 6,600 /yr
Last sold: AED 562K · October 2017
Building: Farishta Residence

About 1016, Farishta Residence

1016 is a studio of 396 sqft on the 10th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 11 October 2017 for AED 561,667, or AED 1,416 per sqft, 7% above the AED 1,325 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 25 January 2026, is AED 41,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for 1016 over time

Sales

Unit 1016, each saleTypical studio in Farishta Residence

1016 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 1016, each contractTypical studio in Farishta Residence

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 1016 sits

All 135 studios →

Studios in Farishta Residence · last 12 months1,283 /sqft Farishta Residence · all types1,091 /sqft

1016 last sold in October 2017 at AED 1,416 per sqft, 7% above what studios in Farishta Residence were fetching at the time (AED 1,325). 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. 1016's AED 41,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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

10 studio sales in the last 12 months

Farishta Residence

Building

282 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%

Farishta Residence, Al Furjan: prices, sales and rents →

Other units on the 10th floor

All 282 units in Farishta Residence


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
1007	Studio	398 sqft	AED 440KAED 440,000 · Apr 2024April 2024	48,000 /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
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

1–7 of 24

1016, Farishta Residence in numbers

Sold once: by Azizi Developments on 11 October 2017 for AED 561,667, or AED 1,416 per sqft.
Rented since January 2021 on 7 Ejari contracts, from AED 23,000 to AED 41,000 a year.
At AED 41,000 a year the gross yield on the 2017 price is 7.3%, 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 25 January 2026.

Questions about 1016, Farishta Residence

What did unit 1016 last sell for?

AED 561,667 on 11 October 2017, sold by the developer: AED 1,416 per sqft for 396 sqft. It is the only registered sale of the unit.

What is the rent for unit 1016?

AED 41,000 a year on the contract renewed on 25 January 2026. The previous contract, from January 2025, was AED 41,000; the unit has been rented since January 2021.

How big is unit 1016?

396 sqft (36.8 sqm): a studio on the 10th floor of a 12-storey tower completed in 2020.

What is unit 1016 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 1016, Farishta Residence

Starts from the last sale price (AED 562K, 11 October 2017). Switch to today's estimate once you have unlocked it.

Price: AED 561,667
Deposit, UAE resident (20%): AED 112,333
Deposit, non-resident (40%): AED 224,667
Monthly over 25 years at 3.7%: AED 2,298

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →