305, Mazaya - Farah Tower 1
Sold prices and rental history: sold twice, last in December 2020, 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 305, Mazaya - Farah Tower 1
What is 305 worth today?
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Source: Dubai Land Department. Updated 15 December 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 834 sqft
- Floor
- 3rd of 9
- Parking
- G-55
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 9,400 /yr
- Last sold
- AED 350K · December 2020
- Building
- Mazaya - Farah Tower 1
About 305, Mazaya - Farah Tower 1
305 is a one-bedroom apartment of 834 sqft on the 3rd floor of Mazaya - Farah Tower 1, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 15 December 2020 for AED 350,000, or AED 419 per sqft, 8% above the AED 389 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 26 August 2020, is AED 34,000 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 9,400 a year.
Sales and rents for 305 over time
305 has sold twice; 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 305 sits
All 63 1-beds →305 last sold in December 2020 at AED 419 per sqft, 8% above what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 389). 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. 305's AED 34,000 is in the lower 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 | |
| 302 | 1-bed | 759 sqft | AED 327KAED 327,417 · Jun 2015June 2015 | 46,000 /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 | |
| 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 |
305, Mazaya - Farah Tower 1 in numbers
- Sold twice: first on 19 October 2015 for AED 630,000, last on 15 December 2020 for AED 350,000 (AED 419 per sqft).
- Rented since October 2015 on 6 Ejari contracts, from AED 60,000 to AED 34,000 a year.
- At AED 34,000 a year the gross yield on the 2020 price is 9.7%, before a service charge of about AED 9,400 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 15 December 2020.
Questions about 305, Mazaya - Farah Tower 1
What did unit 305 last sell for?
AED 350,000 on 15 December 2020: AED 419 per sqft for 834 sqft. The unit has 2 registered sales; the first was AED 630,000 in October 2015.
What is the rent for unit 305?
AED 34,000 a year on the contract signed on 26 August 2020. The previous contract, from November 2019, was AED 36,000; the unit has been rented since October 2015.
How big is unit 305?
834 sqft (77.5 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2014.
What is unit 305 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 305, Mazaya - Farah Tower 1
Starts from the last sale price (AED 350K, 15 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →