
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.
Property timeline for 406, Mazaya - Farah Tower 1
What is 406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
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
- Building
- Mazaya - Farah Tower 1
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
406 has sold twice; the dashed line is the two-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202422 July 2024 | 1,081 sqft | 700,000 | 647 | ||
| 14 Feb 202214 February 2022 | 1,067 sqft | 535,000 | 501 | ||
| 30 Aug 202030 August 2020 | 1,067 sqft | 515,000 | 482 | ||
| 27 Jan 202027 January 2020 | 1,066 sqft | 530,000 | 497 |
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 | |
| 405 | 1-bed | 816 sqft | AED 430KAED 430,000 · May 2019May 2019 | 47,000 /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 |
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.
Selling 406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
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 →