1-bed · 651 sqftMazaya - Farah Tower 1, Liwan · 2nd floor · completed 2014

201, Mazaya - Farah Tower 1

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 460K3 June 2024
Current rentAED 38K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Mazaya - Farah Tower 1

What is 201 worth today?

Last sold for AED 460,000 in 2024

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3 Jun 2024SoldReady
AED 460,000AED 707 per sqft
1 Jun 2024RentedRenewal
AED 38,000/yr12 months · AED 59 per sqft
1 Jun 2024RentedNew contract
AED 38,000/yr12 months · AED 59 per sqft
1 May 2023RentedNew contract
AED 38,000/yr13 months · AED 59 per sqft
4 Apr 2021RentedNew contract
AED 24,000/yr12 months · AED 37 per sqft
1 Feb 2020RentedNew contract
AED 28,000/yr12 months · AED 43 per sqft
13 May 2019SoldReady
AED 380,000AED 584 per sqft
1 Dec 2018RentedRenewal
AED 44,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
2nd of 9
Parking
G-27
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,400 /yr
Last sold
AED 460K · June 2024

About 201, Mazaya - Farah Tower 1

201 is a one-bedroom apartment of 651 sqft on the 2nd floor of Mazaya - Farah Tower 1, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 3 June 2024 for AED 460,000, or AED 707 per sqft, 16% above the AED 607 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 38,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 7,400 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical one-bed in Mazaya - Farah Tower 1
200K400K600K2009201420192024Typical sale price by year: 2009 AED 704,860; 2015 AED 550,000; 2016 AED 460,000; 2017 AED 415,000; 2019 AED 405,000; 2020 AED 300,000; 2021 AED 300,000; 2024 AED 497,500; 2025 AED 600,000; 2026 AED 550,000Sold by developer, May 2015: AED 275,311 (AED 423 per sqft)Sold, May 2019: AED 380,000 (AED 584 per sqft)Sold, June 2024: AED 460,000 (AED 707 per sqft)

201 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 201, each contractTypical one-bed in Mazaya - Farah Tower 1
20K40K60K20152018202120242027Typical rent by year: 2015 AED 57,000; 2016 AED 50,000; 2017 AED 47,000; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 29,000; 2023 AED 34,000; 2024 AED 40,425; 2025 AED 45,000; 2026 AED 43,832New contract, August 2015: AED 50,000 a yearNew contract, August 2016: AED 50,000 a yearNew contract, November 2016: AED 50,000 a yearNew contract, December 2017: AED 44,000 a yearRenewal, December 2018: AED 44,000 a yearNew contract, February 2020: AED 28,000 a yearNew contract, April 2021: AED 24,000 a yearNew contract, May 2023: AED 38,000 a yearRenewal, June 2024: AED 38,000 a yearNew contract, June 2024: AED 38,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mazaya - Farah Tower 1, and where 201 sits

All 63 1-beds →

201 last sold in June 2024 at AED 707 per sqft, 16% above what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 607). Over the last 12 months one-beds sold for AED 550,000 to 595,000, around AED 845 per sqft, and rent for AED 16,000 to 55,000 a year. 201's AED 38,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 2026570,000
9 Jul 2026595,000
17 Feb 2026550,000
11 Feb 2026550,000
5 1-bed sales in the last 12 months

Mazaya - Farah Tower 1

Building

81 apartments, 1-bed to 2-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 5 sold in the last 12 months.

Typical price per sqft
AED 845
Typical sale
AED 550K
Typical rent
AED 45K /yr
Typical yield
6.9%
Mazaya - Farah Tower 1, Liwan: prices, sales and rents →

Other units on the 2nd floor

All 81 units in Mazaya - Farah Tower 1
Value
2021-bedAED 500K · Dec 2024
2031-bedAED 525K · Aug 2015
2041-bedAED 375K · Apr 2019
2051-bedAED 650K · Sep 2015
2062-bedAED 467K · Jun 2015
2072-bedAED 515K · Aug 2020
2081-bedAED 325K · Aug 2021
1–7 of 8

201, Mazaya - Farah Tower 1 in numbers

  • Sold 3 times: first on 26 May 2015 for AED 275,311, last on 3 June 2024 for AED 460,000 (AED 707 per sqft).
  • Rented since August 2015 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 24,000 in 2021 and recovered to AED 38,000 by June 2024.
  • At AED 38,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 7,400 a year (AED 11.30 per sqft).
  • One-beds in Mazaya - Farah Tower 1 sold for AED 550,000–595,000 in the 12 months to November 2026; the building's median across all types is AED 845 per sqft.

Source: Dubai Land Department. Updated 3 June 2024.

Questions about 201, Mazaya - Farah Tower 1

What did unit 201 last sell for?

AED 460,000 on 3 June 2024: AED 707 per sqft for 651 sqft. The unit has 3 registered sales; the first was AED 275,311 in May 2015.

What is the rent for unit 201?

AED 38,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2024, was AED 38,000; the unit has been rented since August 2015.

How big is unit 201?

651 sqft (60.5 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2014.

What is unit 201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya - Farah Tower 1 sold for AED 550,000 to 595,000 in the last 12 months, around AED 845 per sqft.

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Mortgage on 201, Mazaya - Farah Tower 1

Starts from the last sale price (AED 460K, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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