Home
Dubai prices
About
Research
1-bed · 789 sqftFarishta Residence, Al Furjan · 7th floor · completed 2020

702, Farishta Residence

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

Unit 702 · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 710K5 May 2020
Current rentAED 48K /yr22 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 702

Property timeline for 702, Farishta Residence

What is 702 worth today?

Last sold for AED 710,120 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 Oct 2024RentedRenewal
AED 48,000/yr12 months · AED 61 per sqft
20 Sep 2021RentedNew contract
AED 40,000/yr12 months · AED 51 per sqft
16 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 51 per sqft
5 May 2020Sold by developerReady
AED 710,120AED 900 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
7th of 12
Parking
P1-87
Developer
Azizi Developments
Completed
2020
Service charge
AED 13,100 /yr
Last sold
AED 710K · May 2020
Building
Farishta Residence

About 702, Farishta Residence

702 is a one-bedroom apartment of 789 sqft on the 7th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 5 May 2020 for AED 710,120, or AED 900 per sqft, in line with the AED 920 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 22 October 2024, is AED 48,000 a year: a gross yield of 6.8% on the 2020 price, before the service charge of about AED 13,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, May 2020: AED 710,120 (AED 900 per sqft)

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

Rents
Unit 702, 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, August 2020: AED 40,000 a yearNew contract, September 2021: AED 40,000 a yearRenewal, October 2024: AED 48,000 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 702 sits

All 124 1-beds →

702 last sold in May 2020 at AED 900 per sqft, in line with what one-beds in Farishta Residence were fetching at the time (AED 920). 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. 702's AED 48,000 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 57K /yr
Typical yield
8.9%
Farishta Residence, Al Furjan: prices, sales and rents →

Other units on the 7th floor

All 282 units in Farishta Residence
Value
7011-bedAED 857K · Feb 2022
703StudioAED 435K · Jul 2023
704StudioAED 551K · May 2017
7051-bedAED 775K · Dec 2021
706StudioAED 435K · May 2024
707StudioAED 410K · Apr 2024
7081-bedAED 820K · Dec 2019
1–7 of 24

702, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 5 May 2020 for AED 710,120, or AED 900 per sqft.
  • Rented since August 2020 on 3 Ejari contracts, from AED 40,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2020 price is 6.8%, before a service charge of about AED 13,100 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 22 October 2024.

Questions about 702, Farishta Residence

What did unit 702 last sell for?

AED 710,120 on 5 May 2020, sold by the developer: AED 900 per sqft for 789 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 48,000 a year on the contract renewed on 22 October 2024. The previous contract, from September 2021, was AED 40,000; the unit has been rented since August 2020.

How big is unit 702?

789 sqft (73.3 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2020.

What is unit 702 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.

Selling 702? 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 702, Farishta Residence

Starts from the last sale price (AED 710K, 5 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 710,120
Deposit, UAE resident (20%)
AED 142,024
Deposit, non-resident (40%)
AED 284,048
Monthly over 25 years at 3.7%
AED 2,905

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