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Studio · 384 sqftFarishta Residence, Al Furjan · 7th floor · completed 2020

703, Farishta Residence

Sold prices and rental history: sold twice, last in July 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 16 April 2026
Last soldAED 435K6 July 2023
Current rentAED 46K /yr16 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Farishta Residence

What is 703 worth today?

Last sold for AED 435,000 in 2023

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16 Apr 2026RentedNew contract
AED 46,000/yr12 months · AED 120 per sqft
6 Jul 2023SoldReady
AED 435,000AED 1,133 per sqft
10 Dec 2020RentedNew contract
AED 21,000/yr12 months · AED 54 per sqft
5 Apr 2017Sold by developerOff-plan
AED 510,500AED 1,329 per sqft

Source: Dubai Land Department. Updated 16 April 2026.

Key facts

Type
Studio apartment
Size
384 sqft
Floor
7th of 12
Parking
P1-88
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,400 /yr
Last sold
AED 435K · July 2023
Building
Farishta Residence

About 703, Farishta Residence

703 is a studio of 384 sqft on the 7th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. It last sold on 6 July 2023 for AED 435,000, or AED 1,133 per sqft, 6% above the AED 1,066 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 16 April 2026, is AED 46,000 a year: a gross yield of 10.6% on the 2023 price, before the service charge of about AED 6,400 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, April 2017: AED 510,500 (AED 1,329 per sqft)Sold, July 2023: AED 435,000 (AED 1,133 per sqft)

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

Rents
Unit 703, 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, December 2020: AED 21,000 a yearNew contract, April 2026: AED 46,000 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 703 sits

All 135 studios →

703 last sold in July 2023 at AED 1,133 per sqft, 6% above what studios in Farishta Residence were fetching at the time (AED 1,066). 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. 703's AED 46,000 is in the lower half 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 7th floor

All 282 units in Farishta Residence
Value
7011-bedAED 857K · Feb 2022
7021-bedAED 710K · May 2020
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

703, Farishta Residence in numbers

  • Sold twice: first on 5 April 2017 for AED 510,500, last on 6 July 2023 for AED 435,000 (AED 1,133 per sqft).
  • Rented since December 2020 on 2 Ejari contracts, from AED 21,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2023 price is 10.6%, before a service charge of about AED 6,400 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 16 April 2026.

Questions about 703, Farishta Residence

What did unit 703 last sell for?

AED 435,000 on 6 July 2023: AED 1,133 per sqft for 384 sqft. The unit has 2 registered sales; the first was AED 510,500 in April 2017.

What is the rent for unit 703?

AED 46,000 a year on the contract signed on 16 April 2026. The previous contract, from December 2020, was AED 21,000.

How big is unit 703?

384 sqft (35.7 sqm): a studio on the 7th floor of a 12-storey tower completed in 2020.

What is unit 703 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 703, Farishta Residence

Starts from the last sale price (AED 435K, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

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