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

707, Farishta Residence

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 410K22 April 2024
Current rentAED 46K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Farishta Residence

What is 707 worth today?

Last sold for AED 410,000 in 2024

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15 Jun 2026RentedRenewal
AED 46,000/yr12 months · AED 116 per sqft
15 Jun 2025RentedNew contract
AED 46,000/yr12 months · AED 116 per sqft
15 Jun 2024RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
15 Jun 2024RentedRenewal
AED 40,000/yr12 months · AED 103 per sqft
22 Apr 2024SoldReady
AED 410,000AED 1,031 per sqft
15 Jun 2023RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
30 Nov 2021RentedRenewal
AED 26,000/yr12 months · AED 65 per sqft
30 Nov 2020RentedNew contract
AED 24,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
7th of 12
Parking
P1-92
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 410K · April 2024

About 707, Farishta Residence

707 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. It last sold on 22 April 2024 for AED 410,000, or AED 1,031 per sqft, 5% below the AED 1,081 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 15 June 2026, is AED 46,000 a year: a gross yield of 11.2% on the 2024 price, before the service charge of about AED 6,600 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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 527,000 (AED 1,325 per sqft)Sold, April 2024: AED 410,000 (AED 1,031 per sqft)

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

Rents
Unit 707, 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 45,000New contract, November 2020: AED 24,000 a yearRenewal, November 2021: AED 26,000 a yearNew contract, June 2023: AED 36,000 a yearNew contract, June 2024: AED 40,000 a yearRenewal, June 2024: AED 40,000 a yearNew contract, June 2025: AED 46,000 a yearRenewal, June 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 707 sits

All 135 studios →

707 last sold in April 2024 at AED 1,031 per sqft, 5% below what studios in Farishta Residence were fetching at the time (AED 1,081). 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. 707'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
703StudioAED 435K · Jul 2023
704StudioAED 551K · May 2017
7051-bedAED 775K · Dec 2021
706StudioAED 435K · May 2024
7081-bedAED 820K · Dec 2019
1–7 of 24

707, Farishta Residence in numbers

  • Sold twice: first on 5 April 2017 for AED 527,000, last on 22 April 2024 for AED 410,000 (AED 1,031 per sqft).
  • Rented since November 2020 on 7 Ejari contracts, from AED 24,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2024 price is 11.2%, 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 15 June 2026.

Questions about 707, Farishta Residence

What did unit 707 last sell for?

AED 410,000 on 22 April 2024: AED 1,031 per sqft for 398 sqft. The unit has 2 registered sales; the first was AED 527,000 in April 2017.

What is the rent for unit 707?

AED 46,000 a year on the contract renewed on 15 June 2026. The previous contract, from June 2025, was AED 46,000; the unit has been rented since November 2020.

How big is unit 707?

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

What is unit 707 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 707, Farishta Residence

Starts from the last sale price (AED 410K, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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