505, Mazaya - Farah Tower 1
Sold prices and rental history: sold twice, last in November 2021, 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 505, Mazaya - Farah Tower 1
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 815 sqft
- Floor
- 5th of 9
- Parking
- G-42
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 9,200 /yr
- Last sold
- AED 300K · November 2021
- Building
- Mazaya - Farah Tower 1
About 505, Mazaya - Farah Tower 1
505 is a one-bedroom apartment of 815 sqft on the 5th floor of Mazaya - Farah Tower 1, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 28 November 2021 for AED 300,000, or AED 368 per sqft, in line with the AED 368 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 47,000 a year: a gross yield of 15.7% on the 2021 price, before the service charge of about AED 9,200 a year.
Sales and rents for 505 over time
505 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 505 sits
All 63 1-beds →505 last sold in November 2021 at AED 368 per sqft, in line with what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 368). 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. 505'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 5th floor
All 81 units in Mazaya - Farah Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 651 sqft | AED 572KAED 572,294 · May 2009May 2009 | 23,000 /yr | |
| 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 | |
| 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 |
505, Mazaya - Farah Tower 1 in numbers
- Sold twice: first on 28 October 2015 for AED 600,000, last on 28 November 2021 for AED 300,000 (AED 368 per sqft).
- Rented since December 2015 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 28,000 in 2021 and recovered to AED 47,000 by October 2026.
- At AED 47,000 a year the gross yield on the 2021 price is 15.7%, 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 1 October 2026.
Questions about 505, Mazaya - Farah Tower 1
What did unit 505 last sell for?
AED 300,000 on 28 November 2021: AED 368 per sqft for 815 sqft. The unit has 2 registered sales; the first was AED 600,000 in October 2015.
What is the rent for unit 505?
AED 47,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 47,000; the unit has been rented since December 2015.
How big is unit 505?
815 sqft (75.7 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2014.
What is unit 505 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 505, Mazaya - Farah Tower 1
Starts from the last sale price (AED 300K, 28 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →