Studio · 376 sqftFarishta Residence, Al Furjan · 5th floor · completed 2020

518, Farishta Residence

Sold prices and rental history: sold twice, last in February 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 518 · DLD and Ejari recordsUpdated 10 September 2024

Last soldAED 503K20 February 2018

Current rentAED 40K /yr10 September 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 518, Farishta Residence

Today

What is 518 worth today?

Last sold for AED 502,724 in 2018

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10 Sep 2024

10 Sep 2024RentedRenewal

AED 40,000/yr12 months · AED 106 per sqft

10 Sep 2024

10 Sep 2024RentedRenewal

AED 38,000/yr12 months · AED 101 per sqft

10 Sep 2023

10 Sep 2023RentedRenewal

AED 32,000/yr12 months · AED 85 per sqft

10 Sep 2022

10 Sep 2022RentedRenewal

AED 27,600/yr12 months · AED 73 per sqft

10 Sep 2021

10 Sep 2021RentedRenewal

AED 24,000/yr12 months · AED 64 per sqft

10 Sep 2020

10 Sep 2020RentedNew contract

AED 24,000/yr12 months · AED 64 per sqft

20 Feb 2018

20 Feb 2018SoldOff-plan

AED 502,724AED 1,337 per sqft

27 Mar 2017

27 Mar 2017Sold by developerOff-plan

AED 502,724AED 1,337 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type: Studio apartment
Size: 376 sqft
Floor: 5th of 12
Parking: P1-25
Developer: Azizi Developments
Completed: 2020
Service charge: AED 6,200 /yr
Last sold: AED 503K · February 2018
Building: Farishta Residence

About 518, Farishta Residence

518 is a studio of 376 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 20 February 2018 for AED 502,724, or AED 1,337 per sqft, in line with the AED 1,327 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 40,000 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 6,200 a year.

Sales and rents for 518 over time

Sales

Unit 518, each saleTypical studio in Farishta Residence

518 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 518, each contractTypical studio in Farishta Residence

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 518 sits

All 135 studios →

Studios in Farishta Residence · last 12 months1,283 /sqft Farishta Residence · all types1,091 /sqft

518 last sold in February 2018 at AED 1,337 per sqft, in line with what studios in Farishta Residence were fetching at the time (AED 1,327). 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. 518's AED 40,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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

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 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


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
515	Studio	377 sqft	AED 500KAED 500,189 · Mar 2017March 2017	56,249 /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
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

1–7 of 24

518, Farishta Residence in numbers

Sold twice: first on 27 March 2017 for AED 502,724, last on 20 February 2018 for AED 502,724 (AED 1,337 per sqft).
Rented since September 2020 on 6 Ejari contracts, from AED 24,000 to AED 40,000 a year.
At AED 40,000 a year the gross yield on the 2018 price is 8.0%, 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 10 September 2024.

Questions about 518, Farishta Residence

What did unit 518 last sell for?

AED 502,724 on 20 February 2018: AED 1,337 per sqft for 376 sqft. The unit has 2 registered sales; the first was AED 502,724 in March 2017.

What is the rent for unit 518?

AED 40,000 a year on the contract renewed on 10 September 2024. The previous contract, from September 2024, was AED 38,000; the unit has been rented since September 2020.

How big is unit 518?

376 sqft (34.9 sqm): a studio on the 5th floor of a 12-storey tower completed in 2020.

What is unit 518 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 518, Farishta Residence

Starts from the last sale price (AED 503K, 20 February 2018). Switch to today's estimate once you have unlocked it.

Price: AED 502,724
Deposit, UAE resident (20%): AED 100,545
Deposit, non-resident (40%): AED 201,090
Monthly over 25 years at 3.7%: AED 2,057

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