Studio · 396 sqftFarishta Residence, Al Furjan · 4th floor · completed 2020

416, Farishta Residence

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 390K8 May 2023
Current rentAED 40K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Farishta Residence

What is 416 worth today?

Last sold for AED 390,000 in 2023

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1 Jul 2026RentedNew contract
AED 40,000/yr12 months · AED 101 per sqft
1 Aug 2025RentedRenewal
AED 42,000/yr12 months · AED 106 per sqft
1 Aug 2025RentedRenewal
AED 42,000/yr12 months · AED 106 per sqft
1 Aug 2024RentedNew contract
AED 42,000/yr12 months · AED 106 per sqft
25 Sep 2023RentedNew contract
AED 34,000/yr10 months · AED 86 per sqft
8 May 2023SoldReady
AED 390,000AED 983 per sqft
25 Sep 2022RentedRenewal
AED 28,600/yr12 months · AED 72 per sqft
27 Sep 2021Sold by developerOff-plan
AED 552,897AED 1,394 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
4th of 12
Parking
P1-2
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 390K · May 2023

About 416, Farishta Residence

416 is a studio of 396 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 8 May 2023 for AED 390,000, or AED 983 per sqft, 5% below the AED 1,034 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 July 2026, is AED 40,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 6,600 a year.

Sales and rents for 416 over time

Sales
Unit 416, 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, September 2021: AED 552,897 (AED 1,394 per sqft)Sold, May 2023: AED 390,000 (AED 983 per sqft)

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

Rents
Unit 416, each contractTypical studio in Farishta Residence
30K40K2020202220242026Typical 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 2021: AED 26,000 a yearRenewal, September 2022: AED 28,600 a yearNew contract, September 2023: AED 34,000 a yearNew contract, August 2024: AED 42,000 a yearRenewal, August 2025: AED 42,000 a yearRenewal, August 2025: AED 42,000 a yearNew contract, July 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 416 sits

All 135 studios →

416 last sold in May 2023 at AED 983 per sqft, 5% below what studios in Farishta Residence were fetching at the time (AED 1,034). 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. 416's AED 40,000 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 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

416, Farishta Residence in numbers

  • Sold twice: first on 27 September 2021 for AED 552,897, last on 8 May 2023 for AED 390,000 (AED 983 per sqft).
  • Rented since September 2021 on 7 Ejari contracts, from AED 26,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 10.3%, 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 1 July 2026.

Questions about 416, Farishta Residence

What did unit 416 last sell for?

AED 390,000 on 8 May 2023: AED 983 per sqft for 396 sqft. The unit has 2 registered sales; the first was AED 552,897 in September 2021.

What is the rent for unit 416?

AED 40,000 a year on the contract signed on 1 July 2026. The previous contract, from August 2025, was AED 42,000; the unit has been rented since September 2021.

How big is unit 416?

396 sqft (36.8 sqm): a studio on the 4th floor of a 12-storey tower completed in 2020.

What is unit 416 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 416, Farishta Residence

Starts from the last sale price (AED 390K, 8 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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