308, Mazaya - Farah Tower 1
Sold prices and rental history: sold once, by the developer in May 2009, 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 308, Mazaya - Farah Tower 1
What is 308 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 837 sqft
- Floor
- 3rd of 9
- Parking
- G-69
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 9,500 /yr
- Last sold
- AED 717K · May 2009
- Building
- Mazaya - Farah Tower 1
About 308, Mazaya - Farah Tower 1
308 is a one-bedroom apartment of 837 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 3 May 2009 for AED 716,514, or AED 856 per sqft, in line with the AED 857 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 15 February 2026, is AED 55,000 a year: a gross yield of 7.7% on the 2009 price, before the service charge of about AED 9,500 a year.
Sales and rents for 308 over time
308 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 308 sits
All 63 1-beds →308 last sold in May 2009 at AED 856 per sqft, in line with what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 857). 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. 308's AED 55,000 is at the top 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 | |
| 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 | ||
| 309 | 1-bed | 836 sqft | AED 300KAED 300,000 · Nov 2021November 2021 | 47,000 /yr |
308, Mazaya - Farah Tower 1 in numbers
- Sold once: by Al Mazaya Real Estate on 3 May 2009 for AED 716,514, or AED 856 per sqft.
- Rented since September 2015 on 11 Ejari contracts. The rent fell from AED 58,000 to AED 25,000 in 2022 and recovered to AED 55,000 by February 2026.
- At AED 55,000 a year the gross yield on the 2009 price is 7.7%, before a service charge of about AED 9,500 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 February 2026.
Questions about 308, Mazaya - Farah Tower 1
What did unit 308 last sell for?
AED 716,514 on 3 May 2009, sold by the developer: AED 856 per sqft for 837 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 55,000 a year on the contract signed on 15 February 2026. The previous contract, from January 2025, was AED 40,000; the unit has been rented since September 2015.
How big is unit 308?
837 sqft (77.8 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2014.
What is unit 308 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 308, Mazaya - Farah Tower 1
Starts from the last sale price (AED 717K, 3 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 716,514
- Deposit, UAE resident (20%)
- AED 143,303
- Deposit, non-resident (40%)
- AED 286,606
- Monthly over 25 years at 3.7%
- AED 2,931
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →