Azizi Farishta Al Furjan Dubai

Azizi Farishta is a finished, 15-storey building by Azizi Developments in Al Furjan, with about 292 homes: 137 studios, 124 one-bedrooms, up to 23 two-bedrooms and eight two-storey penthouses. It was inaugurated in February 2020 and handed over from March 2020. Resale starts near AED 469,000 (about Rs 1.21 crore), with studios from 386 sq ft.

Farishta is one of Azizi's older Al Furjan blocks and it trades like one. Per square foot it is cheaper than the developer's newer buildings in the district, and it has six years of rental history you can check. It also carries the clearest record of the delays Azizi's early Al Furjan projects ran into: started in September 2016 for Q1 2018, finished two years later.

At a glance

Price and unit pricing

The figures come from two kinds of source. The AED 469,000 starting figure is an agency project page; the studio and one-bedroom averages are portal figures from Bayut and Property Finder. They agree closely on studios, which gives some confidence that AED 470,000 to 485,000 is the real studio market. No launch price for Farishta surfaced in the sources checked, only the launch plan.

The internal spread favours the bigger unit. A one-bedroom at about AED 957 per sq ft is roughly AED 280 cheaper per foot than a studio at AED 1,235, because studios are what investors compete for. Two-bedroom and penthouse prices were not in the results; with eight penthouses in the building, one rarely comes to market.

One detail in the portal data is worth reading twice: the average studio sold figure, about AED 484,500, sits slightly above the average studio ask of about AED 476,900. Sold prices normally sit below asks; here they do not, which suggests (unit mix aside) studios are clearing at or near the price on the listing. That limits how much a buyer can expect to negotiate, so a sub-AED 470,000 offer is realistic only on a smaller or lower-floor unit.

Payment plan and total cost

No developer plan remains; Farishta was sold on a 5/25/70 launch plan — 5% on booking, 25% in construction and 70% on completion — which applies to nothing on sale now. You pay the seller at transfer, in cash or with a UAE mortgage, where non-residents usually borrow 50% to 60% of the bank's valuation. Worked on a AED 469,000 cash purchase:

A mortgage adds 0.25% registration on the loan plus a bank valuation fee. The seller needs Azizi's no-objection certificate showing the service charge is paid before the DLD will transfer.

Farishta's service charge is not in the sources checked. Al Furjan apartment buildings generally run AED 12 to 15 per sq ft a year, about AED 4,600 to 5,800 on a 386 sq ft studio. A 2020 building may also be heading into its first major repair cycle, so ask whether the owners' association has a reserve fund and what it holds.

Location and connectivity

Farishta's address is Jebel Ali First, the land-registry name for Al Furjan: a community of villa clusters and mid-rise apartment blocks between Sheikh Zayed Road and Sheikh Mohammed bin Zayed Road. When Farishta was completed in 2020 there was no station; Al Furjan metro station opened a year later on the Red Line's Route 2020 extension, so today's buyer gets rail access the launch buyers did not pay for.

By car, Ibn Battuta Mall is five to ten minutes, Jebel Ali Free Zone about ten, Dubai Marina about fifteen, and Expo City and Al Maktoum International Airport fifteen to twenty. The district's tenants are mostly people working in Jebel Ali and the free zone, which suits a studio and one-bedroom building.

For comparison, Azizi Berton is a newer, studio-heavy Azizi block nearby, and Azizi Jewel is a newer studio and one-bedroom scheme still under construction. See apartments for sale in Al Furjan, Azizi Dubai projects, all Dubai projects and the projects page.

Amenities and specifications

Farishta was sold fully finished, with Azizi's standard building amenities — a swimming pool, gym and residents' facilities. The eight two-storey penthouses are the only unusual stock, and the sources checked give no sizes or prices for them.

For a six-year-old building, what matters is condition: the lifts, the air-conditioning plant, the pool and the common areas. On a viewing, look at the corridors and the gym as well as the unit, ask when the chillers were last serviced, and confirm the parking bay on the title deed, since the sources do not say every studio has one.

About the developer

Azizi Developments has built in Dubai since 2007 and says it has delivered more than 45,000 homes. Oliva's reading of DLD data puts 89.1% of its contracted units on or before the DLD-registered date, and records that selected Al Furjan and Riviera phases ran 12 to 24 months late in 2019-2022.

Farishta is one of the examples: work began in September 2016 against a Q1 2018 target, and Azizi inaugurated the building on 25 February 2020, with its announcement counting 284 homes. The developer says its recent buildings have kept closer to their dates; it completed 19 projects in 2024. For a resale buyer here, Azizi's role is now building management and the service-charge budget.

For Indian buyers

Ownership. Al Furjan is freehold for all nationalities, so an Indian citizen owns the unit outright on a DLD title deed. Dubai has no annual property tax and no sales tax on a residential resale.

Remittance. AED 469,000 is about USD 128,000. Even with about AED 33,000 of fees, that is roughly half of one person's USD 250,000 Liberalised Remittance Scheme allowance, and a one-bedroom near AED 763,800 (about USD 208,000) also fits in a single year. TCS applies above the threshold, and your bank will want the sale contract.

Golden Visa. None. The entry unit is about AED 1.53 million short of the AED 2 million threshold.

Rent and tax. Bayut's average studio rent of about AED 56,250 against a AED 469,000 price is close to 12% gross, far above the 6.5% to 8% Oliva's 2026 guide gives for Al Furjan apartments. Treat the higher number as a ceiling until Ejari contracts confirm it. Rent from Dubai is taxable in India for a resident at slab rates, with the 30% standard deduction on house-property income, and the property goes in Schedule FA. The UAE takes nothing, so there is no foreign tax credit to claim.

Pros

• Resale from about AED 469,000 fits comfortably in one person's USD 250,000 LRS allowance
• One-bedrooms at about AED 957 per sq ft are cheap per foot for a building near a Red Line station
• Studio rents averaging about AED 56,250 a year point to strong gross returns if they hold
• Six years of rental history, so rent and service charge can be checked rather than guessed
• A 15-storey block with a real one-bedroom share, not only studios

Cons

• Delivered about two years after its Q1 2018 target
• Unit counts disagree (284 or 292) and two-bedroom numbers (15 or 23); the DLD record settles it
• No service charge published; ask for the DLD-approved budget
• A 2020 building will need more maintenance spending than the newer Azizi blocks nearby
• No Golden Visa route at any unit type in the building

Who this is for

• First-time Dubai buyers who want one finished unit inside a single LRS year
• Rental investors who prefer a one-bedroom at under AED 1,000 per sq ft
• Buyers who want a building with a track record of rents rather than a projection
• Tenants-turned-owners working in JAFZA or Jebel Ali

Who should look elsewhere

• Golden Visa buyers
• Anyone who wants a new building; this one is six years old
• Buyers who take portal rent averages as a promise
• Families needing three bedrooms — there are none

Our verdict

Farishta is an older, cheaper Azizi rental block with numbers that are unusually good on paper. Studios from about AED 469,000 and one-bedrooms near AED 957 per sq ft sit in a building close to a Red Line station, and the portal rents imply returns well above the district's usual band. That gap is the thing to test: asking rents are not achieved rents, and a building completed in 2020 needs more upkeep than the newer blocks around it. The two-year delivery slip no longer affects a resale buyer, but it does explain why the per-foot price is lower than on Azizi's later Al Furjan buildings. The one-bedroom is the better buy per foot; the studio is the easier let.

A sensible first Dubai rental purchase if you verify the rent against Ejari contracts and the service charge against the DLD budget. Prefer the one-bedroom if your budget stretches to about AED 760,000, because it is about AED 280 per sq ft cheaper than the studio. Not for visa buyers, families or anyone wanting new stock.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Azizi Farishta?

Resale starts near AED 469,000, about Rs 1.21 crore. Portal averages put studios at about AED 476,900, or AED 1,235 per sq ft, and one-bedrooms at about AED 763,800, or AED 957 per sq ft. Check recent DLD transactions before you offer.

Is it finished?

Yes. Azizi inaugurated Farishta on 25 February 2020 and handover followed from March 2020. Construction had started in September 2016 against a Q1 2018 target, so it arrived about two years late.

How many homes does it have?

About 292 on propsearch: 137 studios, 124 one-bedrooms, 23 two-bedrooms and 8 two-storey penthouses. Azizi's 2020 announcement counted 284, with 15 two-bedrooms. The DLD record for the building is the authority.

What rent does a studio earn?

Bayut puts the average studio rent at about AED 56,250 a year, with apartment rents across the building from about AED 44,000 to AED 140,000. On a AED 469,000 studio that implies a gross return near 12%, well above Oliva's 6.5% to 8% for the district, so test it against Ejari contracts before relying on it.

What is the service charge?

Not published for Farishta by the sources checked. Al Furjan buildings generally run AED 12 to 15 per sq ft a year, about AED 4,600 to 5,800 on a 386 sq ft studio. Ask for the DLD-approved budget and the last two years of statements.

Does it qualify for a Golden Visa?

No. At about AED 469,000 the entry unit is some AED 1.53 million short of the AED 2 million threshold.

Can an Indian citizen buy here, and how does the money move?

Yes. Al Furjan is freehold for every nationality and the DLD issues the title deed in your name. The money goes out under the Liberalised Remittance Scheme, USD 250,000 per person per financial year; AED 469,000 is about USD 128,000, so one remittance covers the price and the fees.

Is Farishta the same as Farishta 2?

No. Azizi Farishta 2 is a separate, newer project in Al Jaddaf, with studios from about AED 760,000 on a 20/30/50 plan. This page covers the finished Al Furjan building.

Compare with other Dubai projects

Also in Al Furjan: Azizi Star (from AED 499,000, ready), Azizi Jewel (from AED 513,000, handover 2027), Azizi Roy Mediterranean (from AED 520,000, ready) and Candace Acacia (from AED 535,000, ready). See every Al Furjan project with prices and handover dates.

More by Azizi: Azizi Abraham (from AED 505,000, handover 2027), Azizi Plaza (from AED 400,000, ready) and Azizi Berton (from AED 550,000, ready).

A similar budget elsewhere in Dubai: Lawnz by Danube (from AED 485,000, ready), Petalz By Danube (from AED 450,000, handover 2026) and MAG 5 Boulevard (from AED 449,000, ready).

Read next: Apartments for Sale in Al Furjan, Dubai: Yields and Prices · Dubai Rental Yields by Area, Gross and Net · Resale Property in Dubai: Costs, Checks and When It Beats Off-Plan · Property in Dubai Under AED 1 Million: What It Buys. Every Dubai project we track is listed on the Dubai section.