Studio · 398 sqftFarishta Residence, Al Furjan · 5th floor · completed 2020

504, Farishta Residence

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 5 May 2025
Last soldAED 519K27 February 2017
Current rentAED 48K /yr5 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Farishta Residence

What is 504 worth today?

Last sold for AED 519,000 in 2017

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5 May 2025RentedNew contract
AED 48,000/yr12 months · AED 120 per sqft
27 Apr 2024RentedNew contract
AED 45,000/yr12 months · AED 113 per sqft
27 Jul 2023RentedRenewal
AED 34,800/yr12 months · AED 87 per sqft
28 Jul 2021RentedRenewal
AED 28,200/yr12 months · AED 71 per sqft
28 Jul 2020RentedNew contract
AED 28,200/yr12 months · AED 71 per sqft
27 Feb 2017Sold by developerOff-plan
AED 519,000AED 1,302 per sqft

Source: Dubai Land Department. Updated 5 May 2025.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
5th of 12
Parking
P1-12
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 519K · February 2017

About 504, Farishta Residence

504 is a studio of 398 sqft on the 5th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 27 February 2017 for AED 519,000, or AED 1,302 per sqft, in line with the AED 1,310 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 5 May 2025, is AED 48,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, February 2017: AED 519,000 (AED 1,302 per sqft)

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

Rents
Unit 504, each contractTypical studio in Farishta Residence
20K40K2020202220242026Typical 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, July 2020: AED 28,200 a yearRenewal, July 2021: AED 28,200 a yearRenewal, July 2023: AED 34,800 a yearNew contract, April 2024: AED 45,000 a yearNew contract, May 2025: AED 48,000 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 504 sits

All 135 studios →

504 last sold in February 2017 at AED 1,302 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,310). 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. 504's AED 48,000 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 56K /yr
Typical yield
9.0%
Farishta Residence, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 282 units in Farishta Residence
Value
5011-bedAED 825K · Sep 2025
5021-bedAED 625K · Jan 2021
503StudioAED 493K · Dec 2017
5051-bedAED 1.02M · Sep 2020
506StudioAED 438K · Oct 2019
507StudioAED 517K · Feb 2017
5081-bedAED 685K · Jul 2023
1–7 of 24

504, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 27 February 2017 for AED 519,000, or AED 1,302 per sqft.
  • Rented since July 2020 on 5 Ejari contracts, from AED 28,200 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2017 price is 9.3%, 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 5 May 2025.

Questions about 504, Farishta Residence

What did unit 504 last sell for?

AED 519,000 on 27 February 2017, sold by the developer: AED 1,302 per sqft for 398 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 48,000 a year on the contract signed on 5 May 2025. The previous contract, from April 2024, was AED 45,000; the unit has been rented since July 2020.

How big is unit 504?

398 sqft (37.0 sqm): a studio on the 5th floor of a 12-storey tower completed in 2020.

What is unit 504 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 504, Farishta Residence

Starts from the last sale price (AED 519K, 27 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 519,000
Deposit, UAE resident (20%)
AED 103,800
Deposit, non-resident (40%)
AED 207,600
Monthly over 25 years at 3.7%
AED 2,123

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