404, Mazaya - Farah Tower 1
Sold prices and rental history: sold once, by the developer in September 2015, 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 404, Mazaya - Farah Tower 1
What is 404 worth today?
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Source: Dubai Land Department. Updated 1 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 815 sqft
- Floor
- 4th of 9
- Parking
- G-47
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 9,200 /yr
- Last sold
- AED 650K · September 2015
- Building
- Mazaya - Farah Tower 1
About 404, Mazaya - Farah Tower 1
404 is a one-bedroom apartment of 815 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 6 September 2015 for AED 650,000, or AED 797 per sqft, 75% above the AED 456 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 April 2023, is AED 35,000 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 9,200 a year.
Sales and rents for 404 over time
404 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 404 sits
All 63 1-beds →404 last sold in September 2015 at AED 797 per sqft, 75% above what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 456). 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. 404's AED 35,000 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 | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 650 sqft | AED 566KAED 565,521 · May 2009May 2009 | 34,000 /yr | |
| 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 | |
| 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 |
404, Mazaya - Farah Tower 1 in numbers
- Sold once: by Al Mazaya Real Estate on 6 September 2015 for AED 650,000, or AED 797 per sqft.
- Rented since September 2015 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 30,000 in 2022 and recovered to AED 35,000 by April 2023.
- At AED 35,000 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 9,200 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 1 April 2023.
Questions about 404, Mazaya - Farah Tower 1
What did unit 404 last sell for?
AED 650,000 on 6 September 2015, sold by the developer: AED 797 per sqft for 815 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 35,000 a year on the contract signed on 1 April 2023. The previous contract, from March 2022, was AED 30,000; the unit has been rented since September 2015.
How big is unit 404?
815 sqft (75.7 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2014.
What is unit 404 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 404, Mazaya - Farah Tower 1
Starts from the last sale price (AED 650K, 6 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →