203, Mazaya - Farah Tower 1
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Mazaya - Farah Tower 1
What is 203 worth today?
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Source: Dubai Land Department. Updated 22 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 651 sqft
- Floor
- 2nd of 9
- Parking
- G-26
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 7,400 /yr
- Last sold
- AED 525K · August 2015
- Building
- Mazaya - Farah Tower 1
About 203, Mazaya - Farah Tower 1
203 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. The developer sold it on 23 August 2015 for AED 525,000, or AED 806 per sqft, 87% above the AED 431 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 22 March 2025, is AED 15,000 a year: a gross yield of 2.9% on the 2015 price, before the service charge of about AED 7,400 a year.
Sales and rents for 203 over time
203 has sold once; the dashed line is the one-bed median of each year in the building.
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 203 sits
All 63 1-beds →203 last sold in August 2015 at AED 806 per sqft, 87% above what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 431). 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. 203's AED 15,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Aug 202613 August 2026 | 814 sqft | 570,000 | 700 | ||
| 9 Jul 20269 July 2026 | 811 sqft | 595,000 | 733 | ||
| 17 Feb 202617 February 2026 | 651 sqft | 550,000 | 845 | ||
| 11 Feb 202611 February 2026 | 651 sqft | 550,000 | 845 |
Mazaya - Farah Tower 1
Building81 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%
Other units on the 2nd floor
All 81 units in Mazaya - Farah Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 651 sqft | AED 460KAED 460,000 · Jun 2024June 2024 | 38,000 /yr | |
| 202 | 1-bed | 759 sqft | AED 500KAED 500,000 · Dec 2024December 2024 | 60,000 /yr | |
| 204 | 1-bed | 816 sqft | AED 375KAED 375,000 · Apr 2019April 2019 | 42,000 /yr | |
| 205 | 1-bed | 817 sqft | AED 650KAED 650,000 · Sep 2015September 2015 | 42,000 /yr | |
| 206 | 2-bed | 1,068 sqft | AED 467KAED 466,971 · Jun 2015June 2015 | 44,364 /yr | |
| 207 | 2-bed | 1,067 sqft | AED 515KAED 515,000 · Aug 2020August 2020 | 55,000 /yr | |
| 208 | 1-bed | 817 sqft | AED 325KAED 325,000 · Aug 2021August 2021 | 49,000 /yr | |
| 209 | 1-bed | 815 sqft | AED 495KAED 495,000 · May 2024May 2024 | 28,000 /yr |
203, Mazaya - Farah Tower 1 in numbers
- Sold once: by Al Mazaya Real Estate on 23 August 2015 for AED 525,000, or AED 806 per sqft.
- Rented since January 2022 on 5 Ejari contracts, from AED 26,000 to AED 15,000 a year.
- At AED 15,000 a year the gross yield on the 2015 price is 2.9%, 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 22 March 2025.
Questions about 203, Mazaya - Farah Tower 1
What did unit 203 last sell for?
AED 525,000 on 23 August 2015, sold by the developer: AED 806 per sqft for 651 sqft. It is the only registered sale of the unit.
What is the rent for unit 203?
AED 15,000 a year on the contract signed on 22 March 2025. The previous contract, from March 2025, was AED 15,000; the unit has been rented since January 2022.
How big is unit 203?
651 sqft (60.5 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2014.
What is unit 203 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 203, Mazaya - Farah Tower 1
Starts from the last sale price (AED 525K, 23 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →