207, Mazaya - Farah Tower 1
Sold prices and rental history: sold twice, last in August 2020, and rented once, from February 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 207, Mazaya - Farah Tower 1
What is 207 worth today?
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Source: Dubai Land Department. Updated 30 August 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,067 sqft
- Floor
- 2nd of 9
- Parking
- G-58
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,100 /yr
- Last sold
- AED 515K · August 2020
- Building
- Mazaya - Farah Tower 1
About 207, Mazaya - Farah Tower 1
207 is a two-bedroom apartment of 1,067 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 30 August 2020 for AED 515,000, or AED 482 per sqft.
One Ejari contract is registered, from 3 February 2019. The current contract, signed on 3 February 2019, is AED 55,000 a year: a gross yield of 10.7% on the 2020 price, before the service charge of about AED 12,100 a year.
Sales and rents for 207 over time
207 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya - Farah Tower 1, and where 207 sits
All 18 2-beds →207's AED 55,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202422 July 2024 | 1,081 sqft | 700,000 | 647 | ||
| 10 Oct 202210 October 2022 | 1,082 sqft | 545,000 | 503 | ||
| 14 Feb 202214 February 2022 | 1,067 sqft | 535,000 | 501 | ||
| 27 Jan 202027 January 2020 | 1,066 sqft | 530,000 | 497 |
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 | |
| 203 | 1-bed | 651 sqft | AED 525KAED 525,000 · Aug 2015August 2015 | 15,000 /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 | |
| 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 |
207, Mazaya - Farah Tower 1 in numbers
- Sold twice: first on 30 August 2015 for AED 835,000, last on 30 August 2020 for AED 515,000 (AED 482 per sqft).
- Rented since February 2019 on one Ejari contract, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2020 price is 10.7%, before a service charge of about AED 12,100 a year (AED 11.30 per sqft).
Source: Dubai Land Department. Updated 30 August 2020.
Questions about 207, Mazaya - Farah Tower 1
What did unit 207 last sell for?
AED 515,000 on 30 August 2020: AED 482 per sqft for 1,067 sqft. The unit has 2 registered sales; the first was AED 835,000 in August 2015.
What is the rent for unit 207?
AED 55,000 a year on the contract signed on 3 February 2019.
How big is unit 207?
1,067 sqft (99.1 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2014.
What is unit 207 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 207, Mazaya - Farah Tower 1
Starts from the last sale price (AED 515K, 30 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 515,000
- Deposit, UAE resident (20%)
- AED 103,000
- Deposit, non-resident (40%)
- AED 206,000
- Monthly over 25 years at 3.7%
- AED 2,107
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →