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Studio · 379 sqftFarishta Residence, Al Furjan · 3rd floor · completed 2020

321, Farishta Residence

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

Unit 321 · DLD and Ejari recordsUpdated 10 December 2023
Last soldAED 424K10 August 2020
Current rentAED 37K /yr10 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 321, Farishta Residence

What is 321 worth today?

Last sold for AED 424,150 in 2020

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10 Dec 2023RentedRenewal
AED 36,500/yr12 months · AED 97 per sqft
10 Dec 2022RentedNew contract
AED 35,000/yr12 months · AED 93 per sqft
20 Sep 2020RentedNew contract
AED 23,000/yr12 months · AED 61 per sqft
10 Aug 2020Sold by developerReady
AED 424,150AED 1,118 per sqft

Source: Dubai Land Department. Updated 10 December 2023.

Key facts

Type
Studio apartment
Size
379 sqft
Floor
3rd of 12
Parking
B-79
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 424K · August 2020
Building
Farishta Residence

About 321, Farishta Residence

321 is a studio of 379 sqft on the 3rd floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 10 August 2020 for AED 424,150, or AED 1,118 per sqft, 6% below the AED 1,185 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 10 December 2023, is AED 36,500 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 6,300 a year.

Sales and rents for 321 over time

Sales
Unit 321, 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, August 2020: AED 424,150 (AED 1,118 per sqft)

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

Rents
Unit 321, each contractTypical studio in Farishta Residence
20K30K40K2020202220242026Typical 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 yearNew contract, December 2022: AED 35,000 a yearRenewal, December 2023: AED 36,500 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 321 sits

All 135 studios →

321 last sold in August 2020 at AED 1,118 per sqft, 6% below what studios in Farishta Residence were fetching at the time (AED 1,185). 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. 321's AED 36,500 is in the lower 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 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

321, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 10 August 2020 for AED 424,150, or AED 1,118 per sqft.
  • Rented since September 2020 on 3 Ejari contracts, from AED 23,000 to AED 36,500 a year.
  • At AED 36,500 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 6,300 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 10 December 2023.

Questions about 321, Farishta Residence

What did unit 321 last sell for?

AED 424,150 on 10 August 2020, sold by the developer: AED 1,118 per sqft for 379 sqft. It is the only registered sale of the unit.

What is the rent for unit 321?

AED 36,500 a year on the contract renewed on 10 December 2023. The previous contract, from December 2022, was AED 35,000; the unit has been rented since September 2020.

How big is unit 321?

379 sqft (35.2 sqm): a studio on the 3rd floor of a 12-storey tower completed in 2020.

What is unit 321 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 321, Farishta Residence

Starts from the last sale price (AED 424K, 10 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 424,150
Deposit, UAE resident (20%)
AED 84,830
Deposit, non-resident (40%)
AED 169,660
Monthly over 25 years at 3.7%
AED 1,735

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