1-bed · 815 sqftMazaya - Farah Tower 1, Liwan · 2nd floor · completed 2014

209, Mazaya - Farah Tower 1

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 495K10 May 2024
Current rentAED 28K /yr5 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Mazaya - Farah Tower 1

What is 209 worth today?

Last sold for AED 495,000 in 2024

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10 May 2024SoldReady
AED 495,000AED 607 per sqft
5 Jan 2022RentedNew contract
AED 28,000/yr12 months · AED 34 per sqft
5 Dec 2020RentedNew contract
AED 27,000/yr12 months · AED 33 per sqft
25 Oct 2019RentedNew contract
AED 36,000/yr12 months · AED 44 per sqft
25 Oct 2018RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
19 Jan 2018RentedNew contract
AED 47,000/yr12 months · AED 57 per sqft
6 Feb 2017SoldReady
AED 415,000AED 508 per sqft
15 Jan 2016RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
2nd of 9
Parking
G-54
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,200 /yr
Last sold
AED 495K · May 2024

About 209, Mazaya - Farah Tower 1

209 is a one-bedroom apartment of 815 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 10 May 2024 for AED 495,000, or AED 607 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 5 January 2022, is AED 28,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 9,200 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical one-bed in Mazaya - Farah Tower 1
400K600K2009201420192024Typical 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, October 2015: AED 600,000 (AED 735 per sqft)Sold, February 2017: AED 415,000 (AED 508 per sqft)Sold, May 2024: AED 495,000 (AED 607 per sqft)

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

Rents
Unit 209, each contractTypical one-bed in Mazaya - Farah Tower 1
40K60K20152018202120242027Typical 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, January 2016: AED 60,000 a yearNew contract, January 2018: AED 47,000 a yearNew contract, October 2018: AED 42,000 a yearNew contract, October 2019: AED 36,000 a yearNew contract, December 2020: AED 27,000 a yearNew contract, January 2022: AED 28,000 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 209 sits

All 63 1-beds →

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. 209's AED 28,000 is in the lower 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
2011-bedAED 460K · Jun 2024
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
1–7 of 8

209, Mazaya - Farah Tower 1 in numbers

  • Sold 3 times: first on 28 October 2015 for AED 600,000, last on 10 May 2024 for AED 495,000 (AED 607 per sqft).
  • Rented since January 2016 on 6 Ejari contracts, from AED 60,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 9,200 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 10 May 2024.

Questions about 209, Mazaya - Farah Tower 1

What did unit 209 last sell for?

AED 495,000 on 10 May 2024: AED 607 per sqft for 815 sqft. The unit has 3 registered sales; the first was AED 600,000 in October 2015.

What is the rent for unit 209?

AED 28,000 a year on the contract signed on 5 January 2022. The previous contract, from December 2020, was AED 27,000; the unit has been rented since January 2016.

How big is unit 209?

815 sqft (75.7 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2014.

What is unit 209 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 209, Mazaya - Farah Tower 1

Starts from the last sale price (AED 495K, 10 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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