405, Mazaya - Farah Tower 1
Sold prices and rental history: sold twice, last in May 2019, and rented once, from June 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Mazaya - Farah Tower 1
What is 405 worth today?
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Source: Dubai Land Department. Updated 23 May 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 816 sqft
- Floor
- 4th of 9
- Parking
- G-48
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 9,200 /yr
- Last sold
- AED 430K · May 2019
- Building
- Mazaya - Farah Tower 1
About 405, Mazaya - Farah Tower 1
405 is a one-bedroom apartment of 816 sqft on the 4th floor of Mazaya - Farah Tower 1, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 23 May 2019 for AED 430,000, or AED 526 per sqft, 4% below the AED 549 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 June 2017. The current contract, signed on 20 June 2017, is AED 47,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 9,200 a year.
Sales and rents for 405 over time
405 has sold twice; 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 405 sits
All 63 1-beds →405 last sold in May 2019 at AED 526 per sqft, 4% below what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 549). 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. 405's AED 47,000 is in the upper 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 | |
| 404 | 1-bed | 815 sqft | AED 650KAED 650,000 · Sep 2015September 2015 | 35,000 /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 |
405, Mazaya - Farah Tower 1 in numbers
- Sold twice: first on 24 April 2016 for AED 315,000, last on 23 May 2019 for AED 430,000 (AED 526 per sqft).
- Rented since June 2017 on one Ejari contract, at AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2019 price is 10.9%, 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 23 May 2019.
Questions about 405, Mazaya - Farah Tower 1
What did unit 405 last sell for?
AED 430,000 on 23 May 2019: AED 526 per sqft for 816 sqft. The unit has 2 registered sales; the first was AED 315,000 in April 2016.
What is the rent for unit 405?
AED 47,000 a year on the contract signed on 20 June 2017.
How big is unit 405?
816 sqft (75.8 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2014.
What is unit 405 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 405, Mazaya - Farah Tower 1
Starts from the last sale price (AED 430K, 23 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 430,000
- Deposit, UAE resident (20%)
- AED 86,000
- Deposit, non-resident (40%)
- AED 172,000
- Monthly over 25 years at 3.7%
- AED 1,759
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →