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1-bed · 754 sqftFarishta Residence, Al Furjan · 5th floor · completed 2020

513, Farishta Residence

Sold prices and rental history: sold once, by the developer in October 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 1 March 2022
Last soldAED 950K11 October 2017
Current rentAED 47K /yr1 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 513, Farishta Residence

What is 513 worth today?

Last sold for AED 950,000 in 2017

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1 Mar 2022RentedRenewal
AED 47,250/yr12 months · AED 63 per sqft
1 Mar 2021RentedNew contract
AED 36,400/yr12 months · AED 48 per sqft
11 Oct 2017Sold by developerOff-plan
AED 950,000AED 1,260 per sqft

Source: Dubai Land Department. Updated 1 March 2022.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
5th of 12
Parking
P1-20
Developer
Azizi Developments
Completed
2020
Service charge
AED 12,500 /yr
Last sold
AED 950K · October 2017
Building
Farishta Residence

About 513, Farishta Residence

513 is a one-bedroom apartment of 754 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 11 October 2017 for AED 950,000, or AED 1,260 per sqft, in line with the AED 1,275 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 March 2022, is AED 47,250 a year: a gross yield of 5.0% on the 2017 price, before the service charge of about AED 12,500 a year.

Sales and rents for 513 over time

Sales
Unit 513, 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, October 2017: AED 950,000 (AED 1,260 per sqft)

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

Rents
Unit 513, 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, March 2021: AED 36,400 a yearRenewal, March 2022: AED 47,250 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 513 sits

All 124 1-beds →

513 last sold in October 2017 at AED 1,260 per sqft, in line with what one-beds in Farishta Residence were fetching at the time (AED 1,275). 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. 513's AED 47,250 is at the bottom 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 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

513, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 11 October 2017 for AED 950,000, or AED 1,260 per sqft.
  • Rented since March 2021 on 2 Ejari contracts, from AED 36,400 to AED 47,250 a year.
  • At AED 47,250 a year the gross yield on the 2017 price is 5.0%, before a service charge of about AED 12,500 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 1 March 2022.

Questions about 513, Farishta Residence

What did unit 513 last sell for?

AED 950,000 on 11 October 2017, sold by the developer: AED 1,260 per sqft for 754 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 47,250 a year on the contract renewed on 1 March 2022. The previous contract, from March 2021, was AED 36,400.

How big is unit 513?

754 sqft (70.0 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.

What is unit 513 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 513, Farishta Residence

Starts from the last sale price (AED 950K, 11 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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