306, Mazaya - Farah Tower 1
Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Mazaya - Farah Tower 1
What is 306 worth today?
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Source: Dubai Land Department. Updated 28 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,068 sqft
- Floor
- 3rd of 9
- Parking
- G-77
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,100 /yr
- Last sold
- AED 415K · September 2015
- Building
- Mazaya - Farah Tower 1
About 306, Mazaya - Farah Tower 1
306 is a two-bedroom apartment of 1,068 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 21 September 2015 for AED 415,000, or AED 388 per sqft, 36% below the AED 605 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 28 July 2026, is AED 65,000 a year: a gross yield of 15.7% on the 2015 price, before the service charge of about AED 12,100 a year.
Sales and rents for 306 over time
306 has sold once; 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 306 sits
All 18 2-beds →306 last sold in September 2015 at AED 388 per sqft, 36% below what two-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 605). 306's AED 65,000 is in the upper 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 | ||
| 30 Aug 202030 August 2020 | 1,067 sqft | 515,000 | 482 |
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 | |
| 305 | 1-bed | 834 sqft | AED 350KAED 350,000 · Dec 2020December 2020 | 34,000 /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 |
306, Mazaya - Farah Tower 1 in numbers
- Sold once: by Al Mazaya Real Estate on 21 September 2015 for AED 415,000, or AED 388 per sqft.
- Rented since December 2017 on 9 Ejari contracts. The rent fell from AED 79,800 to AED 52,000 in 2021 and recovered to AED 65,000 by July 2026.
- At AED 65,000 a year the gross yield on the 2015 price is 15.7%, before a service charge of about AED 12,100 a year (AED 11.30 per sqft).
Source: Dubai Land Department. Updated 28 July 2026.
Questions about 306, Mazaya - Farah Tower 1
What did unit 306 last sell for?
AED 415,000 on 21 September 2015, sold by the developer: AED 388 per sqft for 1,068 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 65,000 a year on the contract renewed on 28 July 2026. The previous contract, from July 2025, was AED 65,000; the unit has been rented since December 2017.
How big is unit 306?
1,068 sqft (99.2 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2014.
What is unit 306 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 306, Mazaya - Farah Tower 1
Starts from the last sale price (AED 415K, 21 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 415,000
- Deposit, UAE resident (20%)
- AED 83,000
- Deposit, non-resident (40%)
- AED 166,000
- Monthly over 25 years at 3.7%
- AED 1,698
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →