1-bed · 832 sqftFarishta Residence, Al Furjan · 5th floor · completed 2020

511, Farishta Residence

Sold prices and rental history: sold once, by the developer in January 2018, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 2 November 2021
Last soldAED 1.03M7 January 2018
Current rentAED 54K /yr2 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Farishta Residence

What is 511 worth today?

Last sold for AED 1,032,000 in 2018

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2 Nov 2021RentedNew contract
AED 54,000/yr12 months · AED 65 per sqft
7 Jan 2018Sold by developerOff-plan
AED 1,032,000AED 1,241 per sqft

Source: Dubai Land Department. Updated 2 November 2021.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
5th of 12
Parking
P1-18
Developer
Azizi Developments
Completed
2020
Service charge
AED 13,800 /yr
Last sold
AED 1.03M · January 2018

About 511, Farishta Residence

511 is a one-bedroom apartment of 832 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 7 January 2018 for AED 1,032,000, or AED 1,241 per sqft, in line with the AED 1,273 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 November 2021. The current contract, signed on 2 November 2021, is AED 54,000 a year: a gross yield of 5.2% on the 2018 price, before the service charge of about AED 13,800 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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 2018: AED 1,032,000 (AED 1,241 per sqft)

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

Rents
Unit 511, 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, November 2021: AED 54,000 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 511 sits

All 124 1-beds →

511 last sold in January 2018 at AED 1,241 per sqft, in line with what one-beds in Farishta Residence were fetching at the time (AED 1,273). 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. 511's AED 54,000 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

511, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 7 January 2018 for AED 1,032,000, or AED 1,241 per sqft.
  • Rented since November 2021 on one Ejari contract, at AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2018 price is 5.2%, before a service charge of about AED 13,800 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 2 November 2021.

Questions about 511, Farishta Residence

What did unit 511 last sell for?

AED 1,032,000 on 7 January 2018, sold by the developer: AED 1,241 per sqft for 832 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 54,000 a year on the contract signed on 2 November 2021.

How big is unit 511?

832 sqft (77.3 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.

What is unit 511 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 511, Farishta Residence

Starts from the last sale price (AED 1.03M, 7 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,032,000
Deposit, UAE resident (20%)
AED 206,400
Deposit, non-resident (40%)
AED 412,800
Monthly over 25 years at 3.7%
AED 4,222

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