2-bed · 1,082 sqftMazaya - Farah Tower 1, Liwan · 4th floor · completed 2014

406, Mazaya - Farah Tower 1

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 15 March 2026
Last soldAED 545K10 October 2022
Current rentAED 67K /yr15 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Mazaya - Farah Tower 1

What is 406 worth today?

Last sold for AED 545,000 in 2022

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15 Mar 2026RentedRenewal
AED 67,000/yr12 months · AED 62 per sqft
15 Mar 2025RentedRenewal
AED 65,000/yr12 months · AED 60 per sqft
15 Mar 2025RentedRenewal
AED 65,000/yr12 months · AED 60 per sqft
15 Mar 2024RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft
10 Oct 2022SoldReady
AED 545,000AED 503 per sqft
10 Aug 2019RentedRenewal
AED 49,000/yr12 months · AED 46 per sqft
10 Aug 2018RentedRenewal
AED 57,000/yr12 months · AED 52 per sqft
10 Aug 2017RentedRenewal
AED 65,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 15 March 2026.

Key facts

Type
2-bed apartment
Size
1,082 sqft
Floor
4th of 9
Parking
G-79
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,200 /yr
Last sold
AED 545K · October 2022

About 406, Mazaya - Farah Tower 1

406 is a two-bedroom apartment of 1,082 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 10 October 2022 for AED 545,000, or AED 503 per sqft.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 67,000 a year: a gross yield of 12.3% on the 2022 price, before the service charge of about AED 12,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Mazaya - Farah Tower 1
500K750K1M2009201320172021Typical sale price by year: 2009 AED 967,903; 2015 AED 509,476Sold by developer, May 2009: AED 956,582 (AED 883 per sqft)Sold, October 2022: AED 545,000 (AED 503 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Mazaya - Farah Tower 1
40K60K20152018202120242027Typical rent by year: 2015 AED 70,000; 2016 AED 70,000; 2017 AED 65,000; 2018 AED 56,500; 2019 AED 52,000; 2020 AED 42,250; 2021 AED 40,000; 2022 AED 43,500; 2023 AED 47,000; 2024 AED 60,000; 2025 AED 62,500; 2026 AED 61,741New contract, August 2015: AED 70,000 a yearRenewal, August 2016: AED 70,000 a yearRenewal, August 2017: AED 65,000 a yearRenewal, August 2018: AED 57,000 a yearRenewal, August 2019: AED 49,000 a yearNew contract, March 2024: AED 65,000 a yearRenewal, March 2025: AED 65,000 a yearRenewal, March 2025: AED 65,000 a yearRenewal, March 2026: AED 67,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya - Farah Tower 1, and where 406 sits

All 18 2-beds →

406's AED 67,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jul 2024700,000
14 Feb 2022535,000
30 Aug 2020515,000
27 Jan 2020530,000
0 2-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 4th floor

All 81 units in Mazaya - Farah Tower 1
Value
4011-bedAED 566K · May 2009
4021-bedAED 310K · Aug 2015
4031-bedAED 550K · Sep 2015
4041-bedAED 650K · Sep 2015
4051-bedAED 430K · May 2019
4072-bedAED 700K · Jul 2024
4081-bedAED 570K · Aug 2026
1–7 of 8

406, Mazaya - Farah Tower 1 in numbers

  • Sold twice: first on 3 May 2009 for AED 956,582, last on 10 October 2022 for AED 545,000 (AED 503 per sqft).
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 49,000 in 2019 and recovered to AED 67,000 by March 2026.
  • At AED 67,000 a year the gross yield on the 2022 price is 12.3%, before a service charge of about AED 12,200 a year (AED 11.30 per sqft).

Source: Dubai Land Department. Updated 15 March 2026.

Questions about 406, Mazaya - Farah Tower 1

What did unit 406 last sell for?

AED 545,000 on 10 October 2022: AED 503 per sqft for 1,082 sqft. The unit has 2 registered sales; the first was AED 956,582 in May 2009.

What is the rent for unit 406?

AED 67,000 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 65,000; the unit has been rented since August 2015.

How big is unit 406?

1,082 sqft (100.5 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2014.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 406, Mazaya - Farah Tower 1

Starts from the last sale price (AED 545K, 10 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 545,000
Deposit, UAE resident (20%)
AED 109,000
Deposit, non-resident (40%)
AED 218,000
Monthly over 25 years at 3.7%
AED 2,230

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