1-bed · 814 sqftMazaya - Farah Tower 1, Liwan · 4th floor · completed 2014

408, Mazaya - Farah Tower 1

Sold prices and rental history: sold 3 times, last in August 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 13 August 2026
Last soldAED 570K13 August 2026
Current rentAED 41K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Mazaya - Farah Tower 1

What is 408 worth today?

Last sold for AED 570,000 in 2026

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13 Aug 2026SoldReady
AED 570,000AED 700 per sqft
1 Jul 2026RentedRenewal
AED 41,055/yr12 months · AED 50 per sqft
1 Jul 2025RentedNew contract
AED 54,000/yr12 months · AED 66 per sqft
17 Mar 2025RentedRenewal
AED 42,000/yr12 months · AED 51 per sqft
28 Apr 2024RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
17 Mar 2024RentedRenewal
AED 40,000/yr12 months · AED 49 per sqft
17 Mar 2023RentedRenewal
AED 31,000/yr12 months · AED 38 per sqft
17 Mar 2023RentedRenewal
AED 34,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 13 August 2026.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
4th of 9
Parking
G-53
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,200 /yr
Last sold
AED 570K · August 2026

About 408, Mazaya - Farah Tower 1

408 is a one-bedroom apartment of 814 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 13 August 2026 for AED 570,000, or AED 700 per sqft, 17% below the AED 845 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 9 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 41,055 a year: a gross yield of 7.2% on the 2026 price, before the service charge of about AED 9,200 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Mazaya - Farah Tower 1
400K600K2009201420192024Typical sale price by year: 2009 AED 704,860; 2015 AED 550,000; 2016 AED 460,000; 2017 AED 415,000; 2019 AED 405,000; 2020 AED 300,000; 2021 AED 300,000; 2024 AED 497,500; 2025 AED 600,000; 2026 AED 550,000Sold by developer, October 2015: AED 655,000 (AED 805 per sqft)Sold, March 2022: AED 320,000 (AED 393 per sqft)Sold, August 2026: AED 570,000 (AED 700 per sqft)

408 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in Mazaya - Farah Tower 1
40K60K2015201920232027Typical rent by year: 2015 AED 57,000; 2016 AED 50,000; 2017 AED 47,000; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 29,000; 2023 AED 34,000; 2024 AED 40,425; 2025 AED 45,000; 2026 AED 43,832New contract, February 2021: AED 26,000 a yearNew contract, March 2022: AED 26,000 a yearRenewal, March 2023: AED 31,000 a yearRenewal, March 2023: AED 34,000 a yearRenewal, March 2024: AED 40,000 a yearNew contract, April 2024: AED 48,000 a yearRenewal, March 2025: AED 42,000 a yearNew contract, July 2025: AED 54,000 a yearRenewal, July 2026: AED 41,055 a year

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 408 sits

All 63 1-beds →

408 last sold in August 2026 at AED 700 per sqft, 17% below what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 845). 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. 408's AED 41,055 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 2026595,000
17 Feb 2026550,000
11 Feb 2026550,000
11 Feb 2026550,000
5 1-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
4062-bedAED 545K · Oct 2022
4072-bedAED 700K · Jul 2024
1–7 of 8

408, Mazaya - Farah Tower 1 in numbers

  • Sold 3 times: first on 5 October 2015 for AED 655,000, last on 13 August 2026 for AED 570,000 (AED 700 per sqft).
  • Rented since February 2021 on 9 Ejari contracts, from AED 26,000 to AED 41,055 a year.
  • At AED 41,055 a year the gross yield on the 2026 price is 7.2%, 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 13 August 2026.

Questions about 408, Mazaya - Farah Tower 1

What did unit 408 last sell for?

AED 570,000 on 13 August 2026: AED 700 per sqft for 814 sqft. The unit has 3 registered sales; the first was AED 655,000 in October 2015.

What is the rent for unit 408?

AED 41,055 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 54,000; the unit has been rented since February 2021.

How big is unit 408?

814 sqft (75.6 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2014.

What is unit 408 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 408, Mazaya - Farah Tower 1

Starts from the last sale price (AED 570K, 13 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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