FARISHTA

TL;DR: Farishta by Azizi Developments is a completed 15-storey luxury residential building in Al Furjan, Dubai, delivered in March 2020, offering 292 apartments — 137 studios, 124 one-bedroom, 23 two-bedroom, and 8 sky villa penthouses (3,268 sq ft with private pools and gyms). With European-inspired interiors, marble flooring, 7,200+ sq ft of ground-floor retail, swimming pool, gym, sauna, 24-hour security, and concierge services, Farishta is one of Azizi's most comprehensive Al Furjan offerings — an income-ready asset starting from AED 520,000 in a Metro-connected community delivering 7–10%+ gross yields.

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Overview

Farishta (also styled Azizi Farishta) is a fully delivered freehold residential building in Al Furjan by Azizi Developments — a 15-storey tower completed in March 2020 that stands as one of the larger and more specification-rich buildings in Azizi's extensive Al Furjan portfolio. The building's 292 residential units range from entry-level studios to premium 3,268 sq ft sky villa penthouses with private swimming pools and gyms, covering the complete spectrum from investor entry product to upscale residential lifestyle at the same address.

Farishta's European-inspired design aesthetic and marble flooring elevate the standard interior finish above typical mid-market Al Furjan construction, while the 7,200+ sq ft of integrated ground-floor retail spaces bring everyday convenience directly into the building — a feature that significantly enhances the living quality of residents and increases building footfall for superior building management.

All units in Farishta are freehold DLD-registered, available for secondary market purchase by any nationality. The building is fully operational and delivering active rental income to investors across its 292-unit portfolio.

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Location & Connectivity

Farishta is located in Al Furjan off Al Asayel Street (D72) — one of Al Furjan's principal internal road arteries — within the western Dubai corridor that has been dramatically elevated in transit connectivity since the Route 2020 Metro extension opened in 2020.

Key distances from Farishta, Al Furjan:

• Al Furjan Metro Station (Route 2020 Red Line): ~8–12 minutes walk / 3–5 minutes by car
• Discovery Gardens Metro Station: ~5 minutes by car
• Ibn Battuta Mall: ~7 km (10–12 minutes)
• Dubai Marina / JBR: ~15 km (15–20 minutes)
• Jebel Ali Free Zone (JAFZA): ~11 km (12–15 minutes)
• Expo City Dubai: ~18 km (20 minutes)
• Al Furjan Pavilion (retail/dining strip): ~3–5 minutes by car
• Dubai International Airport (DXB): ~38 km (35–45 minutes)
• Al Maktoum International Airport (DWC): ~26 km (25–30 minutes)
• Abu Dhabi: ~130 km (~75 minutes)

The Route 2020 Metro connection — with Al Furjan Station on the Red Line — provides Farishta residents access to Dubai Marina (4 stops, ~12 minutes), Expo City (3 stops), and the broader Metro network connecting DIFC, Downtown, and the airport corridors. Combined with Al Asayel Street's direct access to Sheikh Mohammed bin Zayed Road (E311), Farishta's connectivity positions it as one of western Dubai's best-commuter-value residential buildings.

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Architecture & Unit Design

Farishta's 15-storey contemporary mid-rise is one of Azizi's larger Al Furjan buildings, organized to accommodate 292 diverse residential units ranging from compact studios to sky villa penthouses with double-height terraces.

Unit Portfolio (292 total):

| Unit Type | Count | Size Range | Starting Price | |---|---|---|---| | Studio | 137 | ~400–550 sq ft | AED 520,000 | | 1-Bedroom | 124 | ~700–900 sq ft | AED 700,000+ | | 2-Bedroom | 23 | ~1,000–1,300 sq ft | AED 1,000,000+ | | Sky Villa Penthouse | 8 | 3,268 sq ft | AED 1,200,000+ |

Sky Villa Penthouses (8 units): Farishta's defining luxury product is its 8 two-storey sky villa penthouses — each covering 3,268 sq ft over two levels with:

• Private swimming pool
• Private gymnasium
• Expansive balconies with community and skyline views
• Generous living and entertainment space across two floors
• Premium finishes throughout

European-Inspired Interior Design: Farishta's interior standard is elevated above standard Azizi Al Furjan construction:

• Marble flooring throughout common areas and living spaces
• European-inspired design language — warmer, more textural palette than generic UAE beige-white interiors
• Fitted kitchens with modern appliances and finished cabinetry
• Bathrooms with premium sanitaryware and tiling
• Built-in wardrobes in all bedrooms
• Central air conditioning
• Private balconies on standard units

Integrated Retail (Ground Floor):

• 7,200+ sq ft of retail spaces on the building's ground level
• Provides convenience services (pharmacy, convenience store, F&B) directly within the building
• Generates foot traffic and community activation that supports building vitality
• Retail income contributes to building-wide facility budget efficiency

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Amenities & Facilities

Aquatic & Recreation:

• Swimming pool with surrounding pool deck

Fitness & Wellness:

• Fully equipped gymnasium
• Sauna

Resident Services:

• 24-hour concierge services
• 24-hour security
• Video surveillance (CCTV)
• Dedicated parking per unit
• High-speed passenger elevators

Building Convenience:

• Integrated ground-floor retail (pharmacy, convenience, F&B)
• Building maintenance services

Al Furjan Community Amenities (Nakheel):

• Al Furjan Club (community pools, gym, tennis courts)
• Al Furjan Pavilion and West Pavilion retail strips
• Cycling tracks and landscaped parks
• Schools and mosques within the community

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Investment Analysis

Farishta's 292-unit portfolio, completed status, and diverse unit mix create broad investment flexibility — studios for yield-maximizing investors, 1BR and 2BR for family rental, and sky villa penthouses for HNWI lifestyle buyers.

Rental Benchmarks (Al Furjan, 2024–2025):

• Studio: AED 42,000–60,000 per year
• 1-Bedroom: AED 62,000–85,000 per year
• 2-Bedroom: AED 88,000–115,000 per year
• Sky Villa Penthouse: AED 180,000–250,000 per year

Gross Rental Yield:

• Studio at AED 520,000: approximately 8.1–11.5% gross yield
• 1BR at AED 750,000: approximately 8.3–11.3%
• 2BR at AED 1,050,000: approximately 8.4–11%
• Sky Villa at AED 1,300,000: approximately 13.8–19.2% (exceptional for a penthouse category)

Al Furjan's combination of Metro access, JAFZA proximity, Expo City connectivity, and affordable pricing relative to central Dubai drives one of the highest gross yield bands in the entire Dubai residential market.

UAE Golden Visa:

• Sky villa penthouses approaching AED 1.2M+ are below the AED 2M threshold but still represent strong long-term value; UAE investor visa options available at standard thresholds.

Zero Construction Risk:

• Farishta was completed and handed over in March 2020 — over 5 years of operational history, established tenancy patterns, and verified rental income data available for due diligence.

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Why Farishta Stands Out

1. Sky Villas with Private Pools. Having 8 penthouse sky villas with private swimming pools in an Al Furjan residential building is extraordinary — and creates a HNWI tenant category that drives premium long-term tenancy relationships at significantly above-market annual rents.

2. Marble Flooring + European Design. In the Al Furjan market, marble flooring and European-inspired interiors are uncommon in completed stock below AED 1M entry pricing — Farishta punches above its price point on interior specification.

3. 7,200+ sqft of Retail Within the Building. Having a pharmacy, convenience store, and F&B directly in the building's ground floor is a genuine daily-life quality-of-life benefit — equivalent to having a small shopping strip at your front door.

4. 137 Studios = Maximum Yield Density. With 137 studios, Farishta is one of the highest-yield density buildings in Al Furjan. For portfolio investors seeking multiple units at affordable entry prices with strong yield performance, the studio concentration in a managed building environment is highly attractive.

5. Sauna. Sauna access in an Al Furjan building below AED 1M entry pricing is relatively rare and supports premium rental positioning within the community.

6. 15 Floors = Strong View Corridors. At 15 storeys, Farishta's upper-floor units access meaningful Al Furjan community views and some with distant Dubai Marina skyline sightlines — enhancing the rental premium over lower-floor competitors.

7. March 2020 Completion = 5 Years of Market-Tested Performance. Five years of rental data, community development, and building performance history is available for Farishta — reducing the information risk for new buyers compared to more recently completed buildings.

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Summary

Farishta by Azizi Developments in Al Furjan, Dubai, is a completed 15-storey freehold residential building with 292 units — 137 studios from AED 520,000, 124 one-bedroom, 23 two-bedroom, and 8 extraordinary sky villa penthouses of 3,268 sq ft with private pools and gyms. European-inspired interiors with marble flooring, 7,200+ sq ft of integrated ground-floor retail, swimming pool, gym, sauna, 24-hour concierge, and security create a full-service Al Furjan lifestyle. With Route 2020 Metro access within reach, gross rental yields of 8–11%+ on standard units (and exceptional returns on sky villas), zero construction risk, and a 5-year operational track record, Farishta is one of Al Furjan's most comprehensively equipped buy-to-let assets at an accessible price point.