Studio · 396 sqftFarishta Residence, Al Furjan · 3rd floor · completed 2020

316, Farishta Residence

Sold prices and rental history: sold twice, last in October 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 29 October 2026
Last soldAED 500K29 October 2026
Current rentAED 40K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Farishta Residence

What is 316 worth today?

Last sold for AED 500,000 in 2026

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29 Oct 2026SoldReady
AED 500,000AED 1,261 per sqft
15 Aug 2026RentedNew contract
AED 40,000/yr12 months · AED 101 per sqft
10 Jun 2026RentedNew contract
AED 41,000/yr12 months · AED 103 per sqft
18 Jan 2026RentedNew contract
AED 55,000/yr12 months · AED 139 per sqft
3 Sep 2021RentedRenewal
AED 23,000/yr12 months · AED 58 per sqft
3 Sep 2020RentedNew contract
AED 23,000/yr12 months · AED 58 per sqft
10 Jul 2017Sold by developerOff-plan
AED 547,691AED 1,381 per sqft

Source: Dubai Land Department. Updated 29 October 2026.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
3rd of 12
Parking
B-74
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 500K · October 2026

About 316, Farishta Residence

316 is a studio of 396 sqft on the 3rd floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. It last sold on 29 October 2026 for AED 500,000, or AED 1,261 per sqft, in line with the AED 1,283 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 15 August 2026, is AED 40,000 a year: a gross yield of 8.0% on the 2026 price, before the service charge of about AED 6,600 a year.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical studio in Farishta Residence
400K500K2017202020232026Typical sale price by year: 2017 AED 514,311; 2018 AED 522,741; 2019 AED 464,682; 2020 AED 445,918; 2021 AED 443,730; 2022 AED 399,000; 2023 AED 405,000; 2024 AED 437,250; 2025 AED 490,000; 2026 AED 499,000Sold by developer, July 2017: AED 547,691 (AED 1,381 per sqft)Sold, October 2026: AED 500,000 (AED 1,261 per sqft)

316 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 316, each contractTypical studio in Farishta Residence
20K40K60K2020202220242026Typical 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 45,000New contract, September 2020: AED 23,000 a yearRenewal, September 2021: AED 23,000 a yearNew contract, January 2026: AED 55,000 a yearNew contract, June 2026: AED 41,000 a yearNew contract, August 2026: AED 40,000 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 316 sits

All 135 studios →

316 last sold in October 2026 at AED 1,261 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,283). 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. 316's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026515,000
16 Oct 2026498,000
23 Jun 2026430,000
21 May 2026430,000
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 56K /yr
Typical yield
9.0%
Farishta Residence, Al Furjan: prices, sales and rents →

Other units on the 3rd floor

All 282 units in Farishta Residence
Value
3011-bedAED 809K · Apr 2020
3021-bedAED 1.01M · Feb 2018
303StudioAED 490K · Nov 2025
304StudioAED 500K · Dec 2016
3051-bedAED 810K · Apr 2025
306StudioAED 390K · Feb 2023
307StudioAED 450K · Apr 2022
1–7 of 24

316, Farishta Residence in numbers

  • Sold twice: first on 10 July 2017 for AED 547,691, last on 29 October 2026 for AED 500,000 (AED 1,261 per sqft).
  • Rented since September 2020 on 5 Ejari contracts, from AED 23,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2026 price is 8.0%, 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 29 October 2026.

Questions about 316, Farishta Residence

What did unit 316 last sell for?

AED 500,000 on 29 October 2026: AED 1,261 per sqft for 396 sqft. The unit has 2 registered sales; the first was AED 547,691 in July 2017.

What is the rent for unit 316?

AED 40,000 a year on the contract signed on 15 August 2026. The previous contract, from June 2026, was AED 41,000; the unit has been rented since September 2020.

How big is unit 316?

396 sqft (36.8 sqm): a studio on the 3rd floor of a 12-storey tower completed in 2020.

What is unit 316 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 316, Farishta Residence

Starts from the last sale price (AED 500K, 29 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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