Studio · 392 sqftFarishta Residence, Al Furjan · 8th floor · completed 2020

806, Farishta Residence

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 510K18 July 2017
Current rentAED 45K /yr28 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Farishta Residence

What is 806 worth today?

Last sold for AED 510,000 in 2017

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28 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 115 per sqft
28 Oct 2023RentedNew contract
AED 44,000/yr12 months · AED 112 per sqft
20 Oct 2022RentedNew contract
AED 31,000/yr12 months · AED 80 per sqft
20 Sep 2021RentedNew contract
AED 24,000/yr12 months · AED 62 per sqft
20 Sep 2020RentedNew contract
AED 23,000/yr12 months · AED 59 per sqft
18 Jul 2017Sold by developerOff-plan
AED 510,000AED 1,300 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
Studio apartment
Size
392 sqft
Floor
8th of 12
Parking
P2-8
Developer
Azizi Developments
Completed
2020
Service charge
AED 6,500 /yr
Last sold
AED 510K · July 2017

About 806, Farishta Residence

806 is a studio of 392 sqft on the 8th floor of Farishta Residence, a 12-storey tower in Al Furjan completed in 2020 by Azizi Developments. The developer sold it on 18 July 2017 for AED 510,000, or AED 1,300 per sqft, in line with the AED 1,325 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 28 October 2024, is AED 45,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 6,500 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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, July 2017: AED 510,000 (AED 1,300 per sqft)

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

Rents
Unit 806, each contractTypical studio in Farishta Residence
20K30K40K2020202220242026Typical 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, September 2020: AED 23,000 a yearNew contract, September 2021: AED 24,000 a yearNew contract, October 2022: AED 31,000 a yearNew contract, October 2023: AED 44,000 a yearNew contract, October 2024: 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 806 sits

All 135 studios →

806 last sold in July 2017 at AED 1,300 per sqft, in line with 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. 806'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 8th floor

All 282 units in Farishta Residence
Value
8011-bedAED 1.07M · Jun 2018
8021-bedAED 870K · Feb 2026
804StudioAED 554K · Apr 2021
8051-bedAED 1.06M · Nov 2017
807StudioAED 480K · Apr 2025
8081-bedAED 809K · Nov 2019
809StudioAED 425K · Dec 2024
1–7 of 23

806, Farishta Residence in numbers

  • Sold once: by Azizi Developments on 18 July 2017 for AED 510,000, or AED 1,300 per sqft.
  • Rented since September 2020 on 5 Ejari contracts, from AED 23,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 6,500 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 28 October 2024.

Questions about 806, Farishta Residence

What did unit 806 last sell for?

AED 510,000 on 18 July 2017, sold by the developer: AED 1,300 per sqft for 392 sqft. It is the only registered sale of the unit.

What is the rent for unit 806?

AED 45,000 a year on the contract signed on 28 October 2024. The previous contract, from October 2023, was AED 44,000; the unit has been rented since September 2020.

How big is unit 806?

392 sqft (36.4 sqm): a studio on the 8th floor of a 12-storey tower completed in 2020.

What is unit 806 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 806, Farishta Residence

Starts from the last sale price (AED 510K, 18 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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