Studio · 376 sqftFarishta Residence, Al Furjan · 3rd floor · completed 2020

318, Farishta Residence

Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 470K4 September 2024
Current rentAED 66K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Farishta Residence

What is 318 worth today?

Last sold for AED 470,000 in 2024

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1 Mar 2026RentedNew contract
AED 66,000/yr12 months · AED 176 per sqft
4 Sep 2024SoldReady
AED 470,000AED 1,250 per sqft
29 Feb 2024RentedNew contract
AED 57,600/yr12 months · AED 153 per sqft
12 Dec 2023SoldReady
AED 365,580AED 972 per sqft
22 Jul 2022Sold by developerReady
AED 452,640AED 1,204 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
Studio apartment
Size
376 sqft
Floor
3rd of 12
Parking
B-76
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,200 /yr
Last sold
AED 470K · September 2024

About 318, Farishta Residence

318 is a studio of 376 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 4 September 2024 for AED 470,000, or AED 1,250 per sqft, 12% above the AED 1,117 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 March 2026, is AED 66,000 a year: a gross yield of 14.0% on the 2024 price, before the service charge of about AED 6,200 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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 2022: AED 452,640 (AED 1,204 per sqft)Sold, December 2023: AED 365,580 (AED 972 per sqft)Sold, September 2024: AED 470,000 (AED 1,250 per sqft)

318 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 318, 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, February 2024: AED 57,600 a yearNew contract, March 2026: AED 66,000 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 318 sits

All 135 studios →

318 last sold in September 2024 at AED 1,250 per sqft, 12% above what studios in Farishta Residence were fetching at the time (AED 1,117). 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. 318's AED 66,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026515,000
29 Oct 2026500,000
16 Oct 2026498,000
23 Jun 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 57K /yr
Typical yield
8.9%
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

318, Farishta Residence in numbers

  • Sold 3 times: first on 22 July 2022 for AED 452,640, last on 4 September 2024 for AED 470,000 (AED 1,250 per sqft).
  • Rented since February 2024 on 2 Ejari contracts, from AED 57,600 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2024 price is 14.0%, before a service charge of about AED 6,200 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 1 March 2026.

Questions about 318, Farishta Residence

What did unit 318 last sell for?

AED 470,000 on 4 September 2024: AED 1,250 per sqft for 376 sqft. The unit has 3 registered sales; the first was AED 452,640 in July 2022.

What is the rent for unit 318?

AED 66,000 a year on the contract signed on 1 March 2026. The previous contract, from February 2024, was AED 57,600.

How big is unit 318?

376 sqft (34.9 sqm): a studio on the 3rd floor of a 12-storey tower completed in 2020.

What is unit 318 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 318, Farishta Residence

Starts from the last sale price (AED 470K, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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