1-bed · 836 sqftMazaya - Farah Tower 1, Liwan · 3rd floor · completed 2014

309, Mazaya - Farah Tower 1

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 30 April 2025
Last soldAED 300K28 November 2021
Current rentAED 47K /yr30 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mazaya - Farah Tower 1

What is 309 worth today?

Last sold for AED 300,000 in 2021

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30 Apr 2025RentedNew contract
AED 47,000/yr12 months · AED 56 per sqft
30 Apr 2024RentedRenewal
AED 38,500/yr12 months · AED 46 per sqft
30 Apr 2024RentedRenewal
AED 38,500/yr12 months · AED 46 per sqft
28 Nov 2021SoldReady
AED 300,000AED 358 per sqft
30 Apr 2018RentedNew contract
AED 45,000/yr12 months · AED 54 per sqft
25 Apr 2016RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
28 Oct 2015Sold by developerReady
AED 600,000AED 717 per sqft

Source: Dubai Land Department. Updated 30 April 2025.

Key facts

Type
1-bed apartment
Size
836 sqft
Floor
3rd of 9
Parking
G-70
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,400 /yr
Last sold
AED 300K · November 2021

About 309, Mazaya - Farah Tower 1

309 is a one-bedroom apartment of 836 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 28 November 2021 for AED 300,000, or AED 358 per sqft, in line with the AED 368 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 30 April 2025, is AED 47,000 a year: a gross yield of 15.7% on the 2021 price, before the service charge of about AED 9,400 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Mazaya - Farah Tower 1
400K600K2009201420192024Typical sale price by year: 2009 AED 704,860; 2015 AED 550,000; 2016 AED 460,000; 2017 AED 415,000; 2019 AED 405,000; 2020 AED 300,000; 2021 AED 300,000; 2024 AED 497,500; 2025 AED 600,000; 2026 AED 550,000Sold by developer, October 2015: AED 600,000 (AED 717 per sqft)Sold, November 2021: AED 300,000 (AED 358 per sqft)

309 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 309, each contractTypical one-bed in Mazaya - Farah Tower 1
40K60K20152018202120242027Typical rent by year: 2015 AED 57,000; 2016 AED 50,000; 2017 AED 47,000; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 29,000; 2023 AED 34,000; 2024 AED 40,425; 2025 AED 45,000; 2026 AED 43,832New contract, April 2016: AED 55,000 a yearNew contract, April 2018: AED 45,000 a yearRenewal, April 2024: AED 38,500 a yearRenewal, April 2024: AED 38,500 a yearNew contract, April 2025: AED 47,000 a year

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 309 sits

All 63 1-beds →

309 last sold in November 2021 at AED 358 per sqft, in line with what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 368). 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. 309's AED 47,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 2026570,000
9 Jul 2026595,000
17 Feb 2026550,000
11 Feb 2026550,000
5 1-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
3072-bedAED 530K · Jan 2020
1–7 of 8

309, Mazaya - Farah Tower 1 in numbers

  • Sold twice: first on 28 October 2015 for AED 600,000, last on 28 November 2021 for AED 300,000 (AED 358 per sqft).
  • Rented since April 2016 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 38,500 in 2024 and recovered to AED 47,000 by April 2025.
  • At AED 47,000 a year the gross yield on the 2021 price is 15.7%, 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 30 April 2025.

Questions about 309, Mazaya - Farah Tower 1

What did unit 309 last sell for?

AED 300,000 on 28 November 2021: AED 358 per sqft for 836 sqft. The unit has 2 registered sales; the first was AED 600,000 in October 2015.

What is the rent for unit 309?

AED 47,000 a year on the contract signed on 30 April 2025. The previous contract, from April 2024, was AED 38,500; the unit has been rented since April 2016.

How big is unit 309?

836 sqft (77.7 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2014.

What is unit 309 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 309, Mazaya - Farah Tower 1

Starts from the last sale price (AED 300K, 28 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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