1-bed · 899 sqftFarishta Residence, Al Furjan · 5th floor · completed 2020

508, Farishta Residence

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 24 August 2026
Last soldAED 685K5 July 2023
Current rentAED 65K /yr24 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Farishta Residence

What is 508 worth today?

Last sold for AED 685,000 in 2023

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24 Aug 2026RentedNew contract
AED 65,000/yr12 months · AED 73 per sqft
28 Jul 2025RentedRenewal
AED 72,000/yr12 months · AED 80 per sqft
28 Jul 2025RentedRenewal
AED 72,000/yr12 months · AED 80 per sqft
28 Jul 2024RentedRenewal
AED 72,000/yr12 months · AED 80 per sqft
28 Jul 2023RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
5 Jul 2023SoldReady
AED 685,000AED 762 per sqft
4 Jan 2021Sold by developerReady
AED 720,000AED 801 per sqft
17 Dec 2020RentedNew contract
AED 36,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 24 August 2026.

Key facts

Type
1-bed apartment
Size
899 sqft
Floor
5th of 12
Parking
P1-16
Developer
Azizi Developments
Completed
2020
Service charge
AED 14,900 /yr
Last sold
AED 685K · July 2023

About 508, Farishta Residence

508 is a one-bedroom apartment of 899 sqft on the 5th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. It last sold on 5 July 2023 for AED 685,000, or AED 762 per sqft, 11% below the AED 860 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 24 August 2026, is AED 65,000 a year: a gross yield of 9.5% on the 2023 price, before the service charge of about AED 14,900 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Farishta Residence
800K1M2017202020232026Typical 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, January 2021: AED 720,000 (AED 801 per sqft)Sold, July 2023: AED 685,000 (AED 762 per sqft)

508 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 508, 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, December 2020: AED 36,000 a yearNew contract, July 2023: AED 60,000 a yearRenewal, July 2024: AED 72,000 a yearRenewal, July 2025: AED 72,000 a yearRenewal, July 2025: AED 72,000 a yearNew contract, August 2026: AED 65,000 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 508 sits

All 124 1-beds →

508 last sold in July 2023 at AED 762 per sqft, 11% below what one-beds in Farishta Residence were fetching at the time (AED 860). 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. 508's AED 65,000 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 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
504StudioAED 519K · Feb 2017
5051-bedAED 1.02M · Sep 2020
506StudioAED 438K · Oct 2019
507StudioAED 517K · Feb 2017
1–7 of 24

508, Farishta Residence in numbers

  • Sold twice: first on 4 January 2021 for AED 720,000, last on 5 July 2023 for AED 685,000 (AED 762 per sqft).
  • Rented since December 2020 on 6 Ejari contracts, from AED 36,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 9.5%, 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 24 August 2026.

Questions about 508, Farishta Residence

What did unit 508 last sell for?

AED 685,000 on 5 July 2023: AED 762 per sqft for 899 sqft. The unit has 2 registered sales; the first was AED 720,000 in January 2021.

What is the rent for unit 508?

AED 65,000 a year on the contract signed on 24 August 2026. The previous contract, from July 2025, was AED 72,000; the unit has been rented since December 2020.

How big is unit 508?

899 sqft (83.5 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.

What is unit 508 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 508, Farishta Residence

Starts from the last sale price (AED 685K, 5 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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