718, Farishta Residence
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 718, Farishta Residence
What is 718 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 376 sqft
- Floor
- 7th of 12
- Parking
- P1-67
- Developer
- Azizi Developments
- Completed
- 2020
- Service charge
- AED 6,200 /yr
- Last sold
- AED 420K · December 2023
- Building
- Farishta Residence
About 718, Farishta Residence
718 is a studio of 376 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 26 December 2023 for AED 420,000, or AED 1,117 per sqft, 5% above the AED 1,067 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 15 February 2026, is AED 50,000 a year: a gross yield of 11.9% on the 2023 price, before the service charge of about AED 6,200 a year.
Sales and rents for 718 over time
718 has sold twice; the dashed line is the studio median of each year in the building.
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 718 sits
All 135 studios →718 last sold in December 2023 at AED 1,117 per sqft, 5% above what studios in Farishta Residence were fetching at the time (AED 1,067). 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. 718's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 377 sqft | 515,000 | 1,365 | ||
| 29 Oct 202629 October 2026 | 396 sqft | 500,000 | 1,261 | ||
| 16 Oct 202616 October 2026 | 381 sqft | 498,000 | 1,306 | ||
| 23 Jun 202623 June 2026 | 398 sqft | 430,000 | 1,079 |
Farishta Residence
Building282 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%
Other units on the 7th floor
All 282 units in Farishta Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 798 sqft | AED 857KAED 856,510 · Feb 2022February 2022 | ||
| 702 | 1-bed | 789 sqft | AED 710KAED 710,120 · May 2020May 2020 | 48,000 /yr | |
| 703 | Studio | 384 sqft | AED 435KAED 435,000 · Jul 2023July 2023 | 46,000 /yr | |
| 704 | Studio | 398 sqft | AED 551KAED 550,781 · May 2017May 2017 | ||
| 705 | 1-bed | 849 sqft | AED 775KAED 774,750 · Dec 2021December 2021 | 72,000 /yr | |
| 706 | Studio | 392 sqft | AED 435KAED 435,000 · May 2024May 2024 | 45,000 /yr | |
| 707 | Studio | 398 sqft | AED 410KAED 410,000 · Apr 2024April 2024 | 46,000 /yr | |
| 708 | 1-bed | 899 sqft | AED 820KAED 819,900 · Dec 2019December 2019 | 71,000 /yr | |
| 709 | Studio | 378 sqft | AED 475KAED 475,000 · Mar 2025March 2025 | 40,000 /yr | |
| 710 | Studio | 413 sqft | AED 500KAED 500,000 · Jan 2026January 2026 | 45,000 /yr | |
| 711 | 1-bed | 805 sqft | AED 1.04MAED 1,044,661 · Nov 2017November 2017 | 62,500 /yr | |
| 712 | 1-bed | 769 sqft | AED 649KAED 649,140 · Aug 2022August 2022 | 80,000 /yr | |
| 713 | 1-bed | 754 sqft | AED 725KAED 725,000 · Aug 2023August 2023 | 74,000 /yr | |
| 714 | 1-bed | 612 sqft | AED 820KAED 820,000 · Mar 2017March 2017 | 65,000 /yr | |
| 715 | Studio | 377 sqft | AED 520KAED 520,000 · Nov 2025November 2025 | 38,000 /yr | |
| 716 | Studio | 396 sqft | AED 393KAED 393,400 · Apr 2022April 2022 | 45,000 /yr | |
| 717 | 1-bed | 820 sqft | AED 632KAED 631,890 · Mar 2022March 2022 | 56,700 /yr | |
| 719 | Studio | 379 sqft | AED 379KAED 378,700 · Mar 2022March 2022 | 42,000 /yr | |
| 720 | 1-bed | 881 sqft | AED 811KAED 810,600 · Mar 2020March 2020 | 56,000 /yr | |
| 721 | Studio | 379 sqft | AED 430KAED 430,000 · Sep 2021September 2021 | 60,000 /yr | |
| 722 | Studio | 381 sqft | AED 506KAED 506,000 · Jun 2020June 2020 | 48,000 /yr | |
| 723 | Studio | 380 sqft | AED 400KAED 400,000 · Oct 2023October 2023 | 30,800 /yr | |
| 724 | 1-bed | 763 sqft | AED 800KAED 800,000 · Jul 2026July 2026 | 65,000 /yr | |
| 725 | 2-bed | 1,227 sqft | AED 1.18MAED 1,175,000 · Dec 2024December 2024 | 100,000 /yr |
718, Farishta Residence in numbers
- Sold twice: first on 30 April 2017 for AED 491,412, last on 26 December 2023 for AED 420,000 (AED 1,117 per sqft).
- Rented since December 2020 on 6 Ejari contracts, from AED 25,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 11.9%, before a service charge of about AED 6,200 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 February 2026.
Questions about 718, Farishta Residence
What did unit 718 last sell for?
AED 420,000 on 26 December 2023: AED 1,117 per sqft for 376 sqft. The unit has 2 registered sales; the first was AED 491,412 in April 2017.
What is the rent for unit 718?
AED 50,000 a year on the contract signed on 15 February 2026. The previous contract, from February 2025, was AED 42,000; the unit has been rented since December 2020.
How big is unit 718?
376 sqft (34.9 sqm): a studio on the 7th floor of a 12-storey tower completed in 2020.
What is unit 718 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 718, Farishta Residence
Starts from the last sale price (AED 420K, 26 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →