Studio · 398 sqftFarishta Residence, Al Furjan · 7th floor · completed 2020

704, Farishta Residence

Sold prices and rental history: sold once, by the developer in May 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 23 May 2017
Last soldAED 551K23 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Farishta Residence

What is 704 worth today?

Last sold for AED 550,781 in 2017

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23 May 2017Sold by developerOff-plan
AED 550,781AED 1,382 per sqft

Source: Dubai Land Department. Updated 23 May 2017.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
7th of 12
Parking
P1-89
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 551K · May 2017

About 704, Farishta Residence

704 is a studio of 398 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 23 May 2017 for AED 550,781, or AED 1,382 per sqft, 4% above the AED 1,325 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, 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, May 2017: AED 550,781 (AED 1,382 per sqft)

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

Rents
Unit 704, each contractTypical studio in Farishta Residence
30K40K2020202220242026Typical 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 45,000

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 704 sits

All 135 studios →

704 last sold in May 2017 at AED 1,382 per sqft, 4% above what studios in Farishta Residence were fetching at the time (AED 1,325). 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.

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
703StudioAED 435K · Jul 2023
7051-bedAED 775K · Dec 2021
706StudioAED 435K · May 2024
707StudioAED 410K · Apr 2024
7081-bedAED 820K · Dec 2019
1–7 of 24

704, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 23 May 2017 for AED 550,781, or AED 1,382 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 23 May 2017.

Questions about 704, Farishta Residence

What did unit 704 last sell for?

AED 550,781 on 23 May 2017, sold by the developer: AED 1,382 per sqft for 398 sqft. It is the only registered sale of the unit.

How big is unit 704?

398 sqft (37.0 sqm): a studio on the 7th floor of a 12-storey tower completed in 2020.

What is unit 704 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 704, Farishta Residence

Starts from the last sale price (AED 551K, 23 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 550,781
Deposit, UAE resident (20%)
AED 110,156
Deposit, non-resident (40%)
AED 220,312
Monthly over 25 years at 3.7%
AED 2,253

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