401, Mazaya - Farah Tower 1
Sold prices and rental history: sold once, by the developer in May 2009, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Mazaya - Farah Tower 1
What is 401 worth today?
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Source: Dubai Land Department. Updated 5 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 650 sqft
- Floor
- 4th of 9
- Parking
- G-30
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 7,300 /yr
- Last sold
- AED 566K · May 2009
- Building
- Mazaya - Farah Tower 1
About 401, Mazaya - Farah Tower 1
401 is a one-bedroom apartment of 650 sqft on the 4th 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 565,521, or AED 870 per sqft, in line with the AED 857 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 5 April 2023, is AED 34,000 a year: a gross yield of 6.0% on the 2009 price, before the service charge of about AED 7,300 a year.
Sales and rents for 401 over time
401 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 401 sits
All 63 1-beds →401 last sold in May 2009 at AED 870 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. 401'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 4th floor
All 81 units in Mazaya - Farah Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 787 sqft | AED 310KAED 310,000 · Aug 2015August 2015 | ||
| 403 | 1-bed | 651 sqft | AED 550KAED 550,000 · Sep 2015September 2015 | 45,000 /yr | |
| 404 | 1-bed | 815 sqft | AED 650KAED 650,000 · Sep 2015September 2015 | 35,000 /yr | |
| 405 | 1-bed | 816 sqft | AED 430KAED 430,000 · May 2019May 2019 | 47,000 /yr | |
| 406 | 2-bed | 1,082 sqft | AED 545KAED 545,000 · Oct 2022October 2022 | 67,000 /yr | |
| 407 | 2-bed | 1,081 sqft | AED 700KAED 700,000 · Jul 2024July 2024 | 40,000 /yr | |
| 408 | 1-bed | 814 sqft | AED 570KAED 570,000 · Aug 2026August 2026 | 41,055 /yr | |
| 409 | 1-bed | 812 sqft | AED 445KAED 445,000 · Mar 2019March 2019 | 40,000 /yr |
401, Mazaya - Farah Tower 1 in numbers
- Sold once: by Al Mazaya Real Estate on 3 May 2009 for AED 565,521, or AED 870 per sqft.
- Rented since October 2018 on 3 Ejari contracts. The rent fell from AED 35,000 to AED 28,000 in 2020 and recovered to AED 34,000 by April 2023.
- At AED 34,000 a year the gross yield on the 2009 price is 6.0%, before a service charge of about AED 7,300 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 5 April 2023.
Questions about 401, Mazaya - Farah Tower 1
What did unit 401 last sell for?
AED 565,521 on 3 May 2009, sold by the developer: AED 870 per sqft for 650 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 34,000 a year on the contract signed on 5 April 2023. The previous contract, from February 2020, was AED 28,000; the unit has been rented since October 2018.
How big is unit 401?
650 sqft (60.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2014.
What is unit 401 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 401, Mazaya - Farah Tower 1
Starts from the last sale price (AED 566K, 3 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 565,521
- Deposit, UAE resident (20%)
- AED 113,104
- Deposit, non-resident (40%)
- AED 226,208
- Monthly over 25 years at 3.7%
- AED 2,314
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →