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Studio · 396 sqftFarishta Residence, Al Furjan · 7th floor · completed 2020

716, Farishta Residence

Sold prices and rental history: sold once, by the developer in April 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 26 November 2025
Last soldAED 393K5 April 2022
Current rentAED 45K /yr26 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 716, Farishta Residence

What is 716 worth today?

Last sold for AED 393,400 in 2022

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26 Nov 2025RentedRenewal
AED 45,000/yr12 months · AED 113 per sqft
26 Nov 2024RentedRenewal
AED 40,000/yr12 months · AED 100 per sqft
26 Nov 2023RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
10 Oct 2022RentedNew contract
AED 32,000/yr12 months · AED 80 per sqft
5 Apr 2022Sold by developerReady
AED 393,400AED 992 per sqft

Source: Dubai Land Department. Updated 26 November 2025.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
7th of 12
Parking
P1-65
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 393K · April 2022
Building
Farishta Residence

About 716, Farishta Residence

716 is a studio of 396 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 April 2022 for AED 393,400, or AED 992 per sqft, 12% below the AED 1,132 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 26 November 2025, is AED 45,000 a year: a gross yield of 11.4% on the 2022 price, before the service charge of about AED 6,600 a year.

Sales and rents for 716 over time

Sales
Unit 716, 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 2022: AED 393,400 (AED 992 per sqft)

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

Rents
Unit 716, 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, October 2022: AED 32,000 a yearNew contract, November 2023: AED 40,000 a yearRenewal, November 2024: AED 40,000 a yearRenewal, November 2025: AED 45,000 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 716 sits

All 135 studios →

716 last sold in April 2022 at AED 992 per sqft, 12% below what studios in Farishta Residence were fetching at the time (AED 1,132). 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. 716's AED 45,000 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
707StudioAED 410K · Apr 2024
1–7 of 24

716, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 5 April 2022 for AED 393,400, or AED 992 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 32,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 11.4%, 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 26 November 2025.

Questions about 716, Farishta Residence

What did unit 716 last sell for?

AED 393,400 on 5 April 2022, sold by the developer: AED 992 per sqft for 396 sqft. It is the only registered sale of the unit.

What is the rent for unit 716?

AED 45,000 a year on the contract renewed on 26 November 2025. The previous contract, from November 2024, was AED 40,000; the unit has been rented since October 2022.

How big is unit 716?

396 sqft (36.8 sqm): a studio on the 7th floor of a 12-storey tower completed in 2020.

What is unit 716 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 716, Farishta Residence

Starts from the last sale price (AED 393K, 5 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 393,400
Deposit, UAE resident (20%)
AED 78,680
Deposit, non-resident (40%)
AED 157,360
Monthly over 25 years at 3.7%
AED 1,610

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