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Studio · 381 sqftFarishta Residence, Al Furjan · 3rd floor · completed 2020

322, Farishta Residence

Sold prices and rental history: sold once, by the developer in July 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 322 · DLD and Ejari recordsUpdated 5 June 2021
Last soldAED 509K21 July 2019
Current rentAED 23K /yr5 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 322, Farishta Residence

What is 322 worth today?

Last sold for AED 508,799 in 2019

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5 Jun 2021RentedNew contract
AED 23,000/yr12 months · AED 61 per sqft
1 Oct 2020RentedNew contract
AED 23,000/yr12 months · AED 61 per sqft
21 Jul 2019Sold by developerOff-plan
AED 508,799AED 1,334 per sqft

Source: Dubai Land Department. Updated 5 June 2021.

Key facts

Type
Studio apartment
Size
381 sqft
Floor
3rd of 12
Parking
B-80
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 509K · July 2019
Building
Farishta Residence

About 322, Farishta Residence

322 is a studio of 381 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 21 July 2019 for AED 508,799, or AED 1,334 per sqft, 9% above the AED 1,222 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 5 June 2021, is AED 23,000 a year: a gross yield of 4.5% on the 2019 price, before the service charge of about AED 6,300 a year.

Sales and rents for 322 over time

Sales
Unit 322, 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 2019: AED 508,799 (AED 1,334 per sqft)

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

Rents
Unit 322, 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, October 2020: AED 23,000 a yearNew contract, June 2021: AED 23,000 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 322 sits

All 135 studios →

322 last sold in July 2019 at AED 1,334 per sqft, 9% above what studios in Farishta Residence were fetching at the time (AED 1,222). 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. 322's AED 23,000 is at the bottom 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

322, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 21 July 2019 for AED 508,799, or AED 1,334 per sqft.
  • Rented since October 2020 on 2 Ejari contracts, at AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2019 price is 4.5%, 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 5 June 2021.

Questions about 322, Farishta Residence

What did unit 322 last sell for?

AED 508,799 on 21 July 2019, sold by the developer: AED 1,334 per sqft for 381 sqft. It is the only registered sale of the unit.

What is the rent for unit 322?

AED 23,000 a year on the contract signed on 5 June 2021. The previous contract, from October 2020, was AED 23,000.

How big is unit 322?

381 sqft (35.4 sqm): a studio on the 3rd floor of a 12-storey tower completed in 2020.

What is unit 322 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 322, Farishta Residence

Starts from the last sale price (AED 509K, 21 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 508,799
Deposit, UAE resident (20%)
AED 101,760
Deposit, non-resident (40%)
AED 203,520
Monthly over 25 years at 3.7%
AED 2,082

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