515, Farishta Residence
Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Farishta Residence
What is 515 worth today?
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Source: Dubai Land Department. Updated 4 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 377 sqft
- Floor
- 5th of 12
- Parking
- P1-22
- Developer
- Azizi Developments
- Completed
- 2020
- Service charge
- AED 6,200 /yr
- Last sold
- AED 500K · March 2017
- Building
- Farishta Residence
About 515, Farishta Residence
515 is a studio of 377 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 16 March 2017 for AED 500,189, or AED 1,326 per sqft, in line with the AED 1,309 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 4 May 2026, is AED 56,249 a year: a gross yield of 11.3% on the 2017 price, before the service charge of about AED 6,200 a year.
Sales and rents for 515 over time
515 has sold once; the dashed line is the studio median of each year in the building.
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 515 sits
All 135 studios →515 last sold in March 2017 at AED 1,326 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,309). 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. 515's AED 56,249 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 377 sqft | 515,000 | 1,365 | ||
| 29 Oct 202629 October 2026 | 396 sqft | 500,000 | 1,261 | ||
| 16 Oct 202616 October 2026 | 381 sqft | 498,000 | 1,306 | ||
| 23 Jun 202623 June 2026 | 398 sqft | 430,000 | 1,079 |
Farishta Residence
Building282 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%
Other units on the 5th floor
All 282 units in Farishta Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 798 sqft | AED 825KAED 825,000 · Sep 2025September 2025 | 66,000 /yr | |
| 502 | 1-bed | 835 sqft | AED 625KAED 624,890 · Jan 2021January 2021 | 59,000 /yr | |
| 503 | Studio | 384 sqft | AED 493KAED 493,224 · Dec 2017December 2017 | 36,000 /yr | |
| 504 | Studio | 398 sqft | AED 519KAED 519,000 · Feb 2017February 2017 | 48,000 /yr | |
| 505 | 1-bed | 849 sqft | AED 1.02MAED 1,015,000 · Sep 2020September 2020 | 66,000 /yr | |
| 506 | Studio | 392 sqft | AED 438KAED 437,925 · Oct 2019October 2019 | 40,000 /yr | |
| 507 | Studio | 398 sqft | AED 517KAED 517,000 · Feb 2017February 2017 | 40,000 /yr | |
| 508 | 1-bed | 899 sqft | AED 685KAED 685,000 · Jul 2023July 2023 | 65,000 /yr | |
| 509 | Studio | 378 sqft | AED 494KAED 494,080 · Sep 2017September 2017 | 38,000 /yr | |
| 510 | Studio | 380 sqft | AED 440KAED 440,000 · May 2024May 2024 | 48,000 /yr | |
| 511 | 1-bed | 832 sqft | AED 1.03MAED 1,032,000 · Jan 2018January 2018 | 54,000 /yr | |
| 512 | 1-bed | 769 sqft | AED 989KAED 989,000 · Oct 2017October 2017 | 63,000 /yr | |
| 513 | 1-bed | 754 sqft | AED 950KAED 950,000 · Oct 2017October 2017 | 47,250 /yr | |
| 514 | 1-bed | 612 sqft | AED 545KAED 544,600 · May 2023May 2023 | 52,000 /yr | |
| 516 | Studio | 396 sqft | AED 450KAED 450,000 · Apr 2023April 2023 | 48,000 /yr | |
| 517 | 1-bed | 820 sqft | AED 820KAED 820,000 · Oct 2020October 2020 | 66,000 /yr | |
| 518 | Studio | 376 sqft | AED 503KAED 502,724 · Feb 2018February 2018 | 38,000 /yr | |
| 519 | Studio | 379 sqft | AED 450KAED 450,000 · Sep 2023September 2023 | 46,000 /yr | |
| 520 | 1-bed | 881 sqft | AED 827KAED 826,500 · Apr 2023April 2023 | 61,000 /yr | |
| 521 | Studio | 379 sqft | AED 535KAED 535,000 · Dec 2017December 2017 | 41,000 /yr | |
| 522 | Studio | 381 sqft | AED 390KAED 390,000 · May 2023May 2023 | 42,000 /yr | |
| 523 | Studio | 380 sqft | AED 490KAED 490,000 · Jan 2026January 2026 | 40,000 /yr | |
| 524 | 1-bed | 790 sqft | AED 621KAED 620,500 · Feb 2021February 2021 | ||
| 525 | 2-bed | 1,227 sqft | AED 1.18MAED 1,175,000 · Feb 2025February 2025 | 115,000 /yr |
515, Farishta Residence in numbers
- Sold once: by Azizi Developments on 16 March 2017 for AED 500,189, or AED 1,326 per sqft.
- Rented since August 2020 on 5 Ejari contracts, from AED 24,000 to AED 56,249 a year.
- At AED 56,249 a year the gross yield on the 2017 price is 11.3%, before a service charge of about AED 6,200 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 4 May 2026.
Questions about 515, Farishta Residence
What did unit 515 last sell for?
AED 500,189 on 16 March 2017, sold by the developer: AED 1,326 per sqft for 377 sqft. It is the only registered sale of the unit.
What is the rent for unit 515?
AED 56,249 a year on the contract signed on 4 May 2026. The previous contract, from October 2025, was AED 66,000; the unit has been rented since August 2020.
How big is unit 515?
377 sqft (35.0 sqm): a studio on the 5th floor of a 12-storey tower completed in 2020.
What is unit 515 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 515, Farishta Residence
Starts from the last sale price (AED 500K, 16 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 500,189
- Deposit, UAE resident (20%)
- AED 100,038
- Deposit, non-resident (40%)
- AED 200,076
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →