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1-bed · 899 sqftFarishta Residence, Al Furjan · 4th floor · completed 2020

408, Farishta Residence

Sold prices and rental history: sold 3 times, last in October 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 790K28 October 2024
Current rentAED 53K /yr31 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Farishta Residence

What is 408 worth today?

Last sold for AED 790,000 in 2024

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28 Oct 2024SoldReady
AED 790,000AED 879 per sqft
31 Aug 2023RentedNew contract
AED 53,000/yr12 months · AED 59 per sqft
31 Aug 2022RentedNew contract
AED 44,000/yr12 months · AED 49 per sqft
21 Jun 2022SoldReady
AED 560,000AED 623 per sqft
17 Aug 2021RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
9 Mar 2020Sold by developerOff-plan
AED 706,860AED 786 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
1-bed apartment
Size
899 sqft
Floor
4th of 12
Parking
B-50
Developer
Azizi Developments
Completed
2020
Service charge
AED 14,900 /yr
Last sold
AED 790K · October 2024
Building
Farishta Residence

About 408, Farishta Residence

408 is a one-bedroom apartment of 899 sqft on the 4th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. It last sold on 28 October 2024 for AED 790,000, or AED 879 per sqft, in line with the AED 858 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 31 August 2023, is AED 53,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 14,900 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Farishta Residence
500K750K1M2017202020232026Typical sale price by year: 2017 AED 991,791; 2018 AED 1,023,346; 2019 AED 770,660; 2020 AED 778,950; 2021 AED 672,300; 2022 AED 679,700; 2023 AED 722,500; 2024 AED 762,500; 2025 AED 820,000; 2026 AED 840,000Sold by developer, March 2020: AED 706,860 (AED 786 per sqft)Sold, June 2022: AED 560,000 (AED 623 per sqft)Sold, October 2024: AED 790,000 (AED 879 per sqft)

408 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in Farishta Residence
40K60K2020202220242026Typical rent by year: 2020 AED 40,000; 2021 AED 40,000; 2022 AED 44,000; 2023 AED 53,000; 2024 AED 57,000; 2025 AED 66,000; 2026 AED 65,000New contract, August 2021: AED 40,000 a yearNew contract, August 2022: AED 44,000 a yearNew contract, August 2023: AED 53,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Farishta Residence, and where 408 sits

All 124 1-beds →

408 last sold in October 2024 at AED 879 per sqft, in line with what one-beds in Farishta Residence were fetching at the time (AED 858). Over the last 12 months one-beds sold for AED 660,530 to 1,236,471, around AED 1,020 per sqft, and rent for AED 47,300 to 110,000 a year. 408's AED 53,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Sep 2026840,000
29 Jul 2026720,000
23 Jul 2026800,000
6 Jul 2026660,530
11 1-bed 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 4th floor

All 282 units in Farishta Residence
Value
4011-bedAED 662K · Mar 2022
4021-bedAED 1.03M · Feb 2018
403StudioAED 475K · Sep 2024
404StudioAED 350K · Jun 2022
4051-bedAED 800K · Aug 2025
406StudioAED 508K · Mar 2017
407StudioAED 485K · Oct 2024
1–7 of 24

408, Farishta Residence in numbers

  • Sold 3 times: first on 9 March 2020 for AED 706,860, last on 28 October 2024 for AED 790,000 (AED 879 per sqft).
  • Rented since August 2021 on 3 Ejari contracts, from AED 40,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 14,900 a year (AED 16.56 per sqft).
  • One-beds in Farishta Residence sold for AED 660,530–1,236,471 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 28 October 2024.

Questions about 408, Farishta Residence

What did unit 408 last sell for?

AED 790,000 on 28 October 2024: AED 879 per sqft for 899 sqft. The unit has 3 registered sales; the first was AED 706,860 in March 2020.

What is the rent for unit 408?

AED 53,000 a year on the contract signed on 31 August 2023. The previous contract, from August 2022, was AED 44,000; the unit has been rented since August 2021.

How big is unit 408?

899 sqft (83.5 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2020.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Farishta Residence sold for AED 660,530 to 1,236,471 in the last 12 months, around AED 1,020 per sqft.

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Mortgage on 408, Farishta Residence

Starts from the last sale price (AED 790K, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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