501, Mazaya - Farah Tower 1
Sold prices and rental history: sold once, by the developer in May 2009, 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 501, Mazaya - Farah Tower 1
What is 501 worth today?
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Source: Dubai Land Department. Updated 1 August 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 651 sqft
- Floor
- 5th of 9
- Parking
- G-22
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 7,400 /yr
- Last sold
- AED 572K · May 2009
- Building
- Mazaya - Farah Tower 1
About 501, Mazaya - Farah Tower 1
501 is a one-bedroom apartment of 651 sqft on the 5th 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 4 May 2009 for AED 572,294, or AED 879 per sqft, in line with the AED 875 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 August 2021, is AED 23,000 a year: a gross yield of 4.0% on the 2009 price, before the service charge of about AED 7,400 a year.
Sales and rents for 501 over time
501 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 501 sits
All 63 1-beds →501 last sold in May 2009 at AED 879 per sqft, in line with what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 875). 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. 501's AED 23,000 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 5th floor
All 81 units in Mazaya - Farah Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 758 sqft | AED 610KAED 610,000 · Nov 2015November 2015 | ||
| 503 | 1-bed | 651 sqft | AED 550KAED 550,000 · Feb 2026February 2026 | 42,000 /yr | |
| 504 | 1-bed | 814 sqft | AED 300KAED 300,000 · Nov 2021November 2021 | 50,000 /yr | |
| 505 | 1-bed | 815 sqft | AED 300KAED 300,000 · Nov 2021November 2021 | 47,000 /yr | |
| 506 | 2-bed | 1,067 sqft | AED 825KAED 825,000 · Sep 2015September 2015 | 60,000 /yr | |
| 507 | 2-bed | 1,066 sqft | AED 484KAED 483,952 · Sep 2015September 2015 | 40,000 /yr | |
| 508 | 1-bed | 812 sqft | AED 734KAED 733,780 · May 2009May 2009 | 43,000 /yr | |
| 509 | 1-bed | 811 sqft | AED 610KAED 610,000 · Mar 2017March 2017 | 36,000 /yr |
501, Mazaya - Farah Tower 1 in numbers
- Sold once: by Al Mazaya Real Estate on 4 May 2009 for AED 572,294, or AED 879 per sqft.
- Rented since May 2015 on 5 Ejari contracts, from AED 52,000 to AED 23,000 a year.
- At AED 23,000 a year the gross yield on the 2009 price is 4.0%, before a service charge of about AED 7,400 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 August 2021.
Questions about 501, Mazaya - Farah Tower 1
What did unit 501 last sell for?
AED 572,294 on 4 May 2009, sold by the developer: AED 879 per sqft for 651 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 23,000 a year on the contract signed on 1 August 2021. The previous contract, from June 2020, was AED 27,000; the unit has been rented since May 2015.
How big is unit 501?
651 sqft (60.5 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2014.
What is unit 501 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 501, Mazaya - Farah Tower 1
Starts from the last sale price (AED 572K, 4 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 572,294
- Deposit, UAE resident (20%)
- AED 114,459
- Deposit, non-resident (40%)
- AED 228,918
- Monthly over 25 years at 3.7%
- AED 2,341
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →