Studio · 396 sqftFarishta Residence, Al Furjan · 6th floor · completed 2020

616, Farishta Residence

Sold prices and rental history: sold once, by the developer in September 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 22 November 2025
Last soldAED 415K15 September 2020
Current rentAED 35K /yr22 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Farishta Residence

What is 616 worth today?

Last sold for AED 414,960 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Nov 2025RentedRenewal
AED 34,728/yr12 months · AED 87 per sqft
22 Nov 2024RentedRenewal
AED 33,075/yr12 months · AED 85 per sqft
22 Nov 2024RentedRenewal
AED 33,075/yr12 months · AED 83 per sqft
22 Nov 2023RentedRenewal
AED 31,500/yr12 months · AED 79 per sqft
22 Nov 2022RentedNew contract
AED 30,000/yr12 months · AED 75 per sqft
27 Oct 2021RentedRenewal
AED 23,000/yr12 months · AED 58 per sqft
27 Oct 2020RentedNew contract
AED 20,000/yr12 months · AED 50 per sqft
15 Sep 2020Sold by developerReady
AED 414,960AED 1,046 per sqft

Source: Dubai Land Department. Updated 22 November 2025.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
6th of 12
Parking
P1-77
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 415K · September 2020

About 616, Farishta Residence

616 is a studio of 396 sqft on the 6th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 15 September 2020 for AED 414,960, or AED 1,046 per sqft, 12% below the AED 1,185 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 22 November 2025, is AED 34,728 a year: a gross yield of 8.4% on the 2020 price, before the service charge of about AED 6,600 a year.

Sales and rents for 616 over time

Sales
Unit 616, each saleTypical studio in Farishta Residence
400K500K2017202020232026Typical sale price by year: 2017 AED 514,311; 2018 AED 522,741; 2019 AED 464,682; 2020 AED 445,918; 2021 AED 443,730; 2022 AED 399,000; 2023 AED 405,000; 2024 AED 437,250; 2025 AED 490,000; 2026 AED 499,000Sold by developer, September 2020: AED 414,960 (AED 1,046 per sqft)

616 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 616, each contractTypical studio in Farishta Residence
20K40K2020202220242026Typical rent by year: 2020 AED 24,000; 2021 AED 24,000; 2022 AED 30,000; 2023 AED 35,700; 2024 AED 42,000; 2025 AED 45,000; 2026 AED 45,000New contract, October 2020: AED 20,000 a yearRenewal, October 2021: AED 23,000 a yearNew contract, November 2022: AED 30,000 a yearRenewal, November 2023: AED 31,500 a yearRenewal, November 2024: AED 33,075 a yearRenewal, November 2024: AED 33,075 a yearRenewal, November 2025: AED 34,728 a year

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 616 sits

All 135 studios →

616 last sold in September 2020 at AED 1,046 per sqft, 12% below what studios in Farishta Residence were fetching at the time (AED 1,185). 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. 616's AED 34,728 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026515,000
29 Oct 2026500,000
16 Oct 2026498,000
23 Jun 2026430,000
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 6th floor

All 282 units in Farishta Residence
Value
6011-bedAED 810K · Feb 2022
6021-bedAED 635K · Jul 2023
603StudioAED 444K · Aug 2022
604StudioAED 400K · Jan 2024
6051-bedAED 660K · Aug 2022
606StudioAED 405K · Feb 2024
607StudioAED 475K · Sep 2025
1–7 of 24

616, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 15 September 2020 for AED 414,960, or AED 1,046 per sqft.
  • Rented since October 2020 on 7 Ejari contracts, from AED 20,000 to AED 34,728 a year.
  • At AED 34,728 a year the gross yield on the 2020 price is 8.4%, before a service charge of about AED 6,600 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 22 November 2025.

Questions about 616, Farishta Residence

What did unit 616 last sell for?

AED 414,960 on 15 September 2020, sold by the developer: AED 1,046 per sqft for 396 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 34,728 a year on the contract renewed on 22 November 2025. The previous contract, from November 2024, was AED 33,075; the unit has been rented since October 2020.

How big is unit 616?

396 sqft (36.8 sqm): a studio on the 6th floor of a 12-storey tower completed in 2020.

What is unit 616 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.

Selling 616? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 616, Farishta Residence

Starts from the last sale price (AED 415K, 15 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 414,960
Deposit, UAE resident (20%)
AED 82,992
Deposit, non-resident (40%)
AED 165,984
Monthly over 25 years at 3.7%
AED 1,698

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