Studio · 381 sqftFarishta Residence, Al Furjan · 7th floor · completed 2020

722, Farishta Residence

Sold prices and rental history: sold once, by the developer in June 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 722 · DLD and Ejari recordsUpdated 16 September 2025
Last soldAED 506K30 June 2020
Current rentAED 48K /yr16 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 722, Farishta Residence

What is 722 worth today?

Last sold for AED 506,000 in 2020

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16 Sep 2025RentedNew contract
AED 48,000/yr12 months · AED 126 per sqft
5 Sep 2024RentedNew contract
AED 33,600/yr12 months · AED 88 per sqft
5 Sep 2023RentedRenewal
AED 32,000/yr12 months · AED 85 per sqft
5 Sep 2022RentedNew contract
AED 28,000/yr12 months · AED 74 per sqft
10 Aug 2021RentedNew contract
AED 25,000/yr12 months · AED 66 per sqft
12 Jul 2020RentedNew contract
AED 26,000/yr12 months · AED 68 per sqft
30 Jun 2020Sold by developerReady
AED 506,000AED 1,327 per sqft

Source: Dubai Land Department. Updated 16 September 2025.

Key facts

Type
Studio apartment
Size
381 sqft
Floor
7th of 12
Parking
P1-71
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 506K · June 2020

About 722, Farishta Residence

722 is a studio of 381 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 30 June 2020 for AED 506,000, or AED 1,327 per sqft, 12% above the AED 1,186 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 16 September 2025, is AED 48,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 6,300 a year.

Sales and rents for 722 over time

Sales
Unit 722, 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, June 2020: AED 506,000 (AED 1,327 per sqft)

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

Rents
Unit 722, 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, July 2020: AED 26,000 a yearNew contract, August 2021: AED 25,000 a yearNew contract, September 2022: AED 28,000 a yearRenewal, September 2023: AED 32,000 a yearNew contract, September 2024: AED 33,600 a yearNew contract, September 2025: AED 48,000 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 722 sits

All 135 studios →

722 last sold in June 2020 at AED 1,327 per sqft, 12% above what studios in Farishta Residence were fetching at the time (AED 1,186). 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. 722's AED 48,000 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

722, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 30 June 2020 for AED 506,000, or AED 1,327 per sqft.
  • Rented since July 2020 on 6 Ejari contracts, from AED 26,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2020 price is 9.5%, before a service charge of about AED 6,300 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 September 2025.

Questions about 722, Farishta Residence

What did unit 722 last sell for?

AED 506,000 on 30 June 2020, sold by the developer: AED 1,327 per sqft for 381 sqft. It is the only registered sale of the unit.

What is the rent for unit 722?

AED 48,000 a year on the contract signed on 16 September 2025. The previous contract, from September 2024, was AED 33,600; the unit has been rented since July 2020.

How big is unit 722?

381 sqft (35.4 sqm): a studio on the 7th floor of a 12-storey tower completed in 2020.

What is unit 722 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 722, Farishta Residence

Starts from the last sale price (AED 506K, 30 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 506,000
Deposit, UAE resident (20%)
AED 101,200
Deposit, non-resident (40%)
AED 202,400
Monthly over 25 years at 3.7%
AED 2,070

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