302, Mazaya - Farah Tower 1
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Mazaya - Farah Tower 1
What is 302 worth today?
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Source: Dubai Land Department. Updated 4 November 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 759 sqft
- Floor
- 3rd of 9
- Parking
- G-11
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 8,600 /yr
- Last sold
- AED 327K · June 2015
- Building
- Mazaya - Farah Tower 1
About 302, Mazaya - Farah Tower 1
302 is a one-bedroom apartment of 759 sqft on the 3rd 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 16 June 2015 for AED 327,417, or AED 431 per sqft, in line with the AED 431 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 4 November 2018, is AED 46,000 a year: a gross yield of 14.1% on the 2015 price, before the service charge of about AED 8,600 a year.
Sales and rents for 302 over time
302 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 302 sits
All 63 1-beds →302 last sold in June 2015 at AED 431 per sqft, in line with 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. 302's AED 46,000 is in the upper half 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 3rd floor
All 81 units in Mazaya - Farah Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 651 sqft | AED 559KAED 558,748 · May 2009May 2009 | 37,800 /yr | |
| 303 | 1-bed | 651 sqft | AED 265KAED 265,000 · Aug 2015August 2015 | 33,000 /yr | |
| 304 | 1-bed | 834 sqft | AED 300KAED 300,000 · Nov 2020November 2020 | 46,200 /yr | |
| 305 | 1-bed | 834 sqft | AED 350KAED 350,000 · Dec 2020December 2020 | 34,000 /yr | |
| 306 | 2-bed | 1,068 sqft | AED 415KAED 415,000 · Sep 2015September 2015 | 65,000 /yr | |
| 307 | 2-bed | 1,066 sqft | AED 530KAED 530,000 · Jan 2020January 2020 | ||
| 308 | 1-bed | 837 sqft | AED 717KAED 716,514 · May 2009May 2009 | 55,000 /yr | |
| 309 | 1-bed | 836 sqft | AED 300KAED 300,000 · Nov 2021November 2021 | 47,000 /yr |
302, Mazaya - Farah Tower 1 in numbers
- Sold once: by Al Mazaya Real Estate on 16 June 2015 for AED 327,417, or AED 431 per sqft.
- Rented since May 2015 on 4 Ejari contracts, from AED 48,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2015 price is 14.1%, before a service charge of about AED 8,600 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 4 November 2018.
Questions about 302, Mazaya - Farah Tower 1
What did unit 302 last sell for?
AED 327,417 on 16 June 2015, sold by the developer: AED 431 per sqft for 759 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 46,000 a year on the contract signed on 4 November 2018. The previous contract, from November 2017, was AED 45,495; the unit has been rented since May 2015.
How big is unit 302?
759 sqft (70.5 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2014.
What is unit 302 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 302, Mazaya - Farah Tower 1
Starts from the last sale price (AED 327K, 16 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 327,417
- Deposit, UAE resident (20%)
- AED 65,483
- Deposit, non-resident (40%)
- AED 130,967
- Monthly over 25 years at 3.7%
- AED 1,340
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →