509, Mazaya - Farah Tower 1
Sold prices and rental history: sold twice, last in March 2017, 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 509, Mazaya - Farah Tower 1
What is 509 worth today?
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Source: Dubai Land Department. Updated 1 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 5th of 9
- Parking
- G-09
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 9,200 /yr
- Last sold
- AED 610K · March 2017
- Building
- Mazaya - Farah Tower 1
About 509, Mazaya - Farah Tower 1
509 is a one-bedroom apartment of 811 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 7 March 2017 for AED 610,000, or AED 752 per sqft, 48% above the AED 508 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 March 2024, is AED 36,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 9,200 a year.
Sales and rents for 509 over time
509 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 509 sits
All 63 1-beds →509 last sold in March 2017 at AED 752 per sqft, 48% above what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 508). 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. 509's AED 36,000 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 | |
| 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, Mazaya - Farah Tower 1 in numbers
- Sold twice: first on 4 May 2009 for AED 733,782, last on 7 March 2017 for AED 610,000 (AED 752 per sqft).
- Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 26,000 in 2021 and recovered to AED 36,000 by March 2024.
- At AED 36,000 a year the gross yield on the 2017 price is 5.9%, 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 March 2024.
Questions about 509, Mazaya - Farah Tower 1
What did unit 509 last sell for?
AED 610,000 on 7 March 2017: AED 752 per sqft for 811 sqft. The unit has 2 registered sales; the first was AED 733,782 in May 2009.
What is the rent for unit 509?
AED 36,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 36,000; the unit has been rented since October 2015.
How big is unit 509?
811 sqft (75.3 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2014.
What is unit 509 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 509, Mazaya - Farah Tower 1
Starts from the last sale price (AED 610K, 7 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →