2-bed · 1,066 sqftMazaya - Farah Tower 1, Liwan · 3rd floor · completed 2014

307, Mazaya - Farah Tower 1

Sold prices and rental history: sold once, by the developer in January 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 27 January 2020
Last soldAED 530K27 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Mazaya - Farah Tower 1

What is 307 worth today?

Last sold for AED 530,000 in 2020

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27 Jan 2020Sold by developerReady
AED 530,000AED 497 per sqft

Source: Dubai Land Department. Updated 27 January 2020.

Key facts

Type
2-bed apartment
Size
1,066 sqft
Floor
3rd of 9
Parking
G-62
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,100 /yr
Last sold
AED 530K · January 2020

About 307, Mazaya - Farah Tower 1

307 is a two-bedroom apartment of 1,066 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 27 January 2020 for AED 530,000, or AED 497 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Mazaya - Farah Tower 1
500K750K1M2009201220152018Typical sale price by year: 2009 AED 967,903; 2015 AED 509,476Sold by developer, January 2020: AED 530,000 (AED 497 per sqft)

307 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 307, each contractTypical two-bed in Mazaya - Farah Tower 1
40K60K20152018202120242027Typical rent by year: 2015 AED 70,000; 2016 AED 70,000; 2017 AED 65,000; 2018 AED 56,500; 2019 AED 52,000; 2020 AED 42,250; 2021 AED 40,000; 2022 AED 43,500; 2023 AED 47,000; 2024 AED 60,000; 2025 AED 62,500; 2026 AED 61,741

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 307 sits

All 18 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
22 Jul 2024700,000
10 Oct 2022545,000
14 Feb 2022535,000
30 Aug 2020515,000
0 2-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 3rd floor

All 81 units in Mazaya - Farah Tower 1
Value
3011-bedAED 559K · May 2009
3021-bedAED 327K · Jun 2015
3031-bedAED 265K · Aug 2015
3041-bedAED 300K · Nov 2020
3051-bedAED 350K · Dec 2020
3062-bedAED 415K · Sep 2015
3081-bedAED 717K · May 2009
1–7 of 8

307, Mazaya - Farah Tower 1 in numbers

  • Sold once: by Al Mazaya Real Estate on 27 January 2020 for AED 530,000, or AED 497 per sqft.

Source: Dubai Land Department. Updated 27 January 2020.

Questions about 307, Mazaya - Farah Tower 1

What did unit 307 last sell for?

AED 530,000 on 27 January 2020, sold by the developer: AED 497 per sqft for 1,066 sqft. It is the only registered sale of the unit.

How big is unit 307?

1,066 sqft (99.0 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2014.

What is unit 307 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 307, Mazaya - Farah Tower 1

Starts from the last sale price (AED 530K, 27 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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