602, Mazaya - Farah Tower 1
Sold prices and rental history: sold twice, last in February 2023, 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 602, Mazaya - Farah Tower 1
What is 602 worth today?
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Source: Dubai Land Department. Updated 20 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 6th of 9
- Parking
- G-31
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 8,600 /yr
- Last sold
- AED 364K · February 2023
- Building
- Mazaya - Farah Tower 1
About 602, Mazaya - Farah Tower 1
602 is a one-bedroom apartment of 758 sqft on the 6th 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 February 2023 for AED 364,000, or AED 480 per sqft, 17% above the AED 411 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 20 September 2025, is AED 40,700 a year: a gross yield of 11.2% on the 2023 price, before the service charge of about AED 8,600 a year.
Sales and rents for 602 over time
602 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 602 sits
All 63 1-beds →602 last sold in February 2023 at AED 480 per sqft, 17% above what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 411). 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. 602's AED 40,700 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 6th floor
All 81 units in Mazaya - Farah Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 651 sqft | AED 550KAED 550,000 · Feb 2026February 2026 | 45,000 /yr | |
| 603 | 1-bed | 651 sqft | AED 530KAED 530,000 · Sep 2015September 2015 | 48,000 /yr | |
| 604 | 1-bed | 814 sqft | AED 300KAED 300,000 · Nov 2021November 2021 | 50,000 /yr | |
| 605 | 1-bed | 815 sqft | AED 300KAED 300,000 · Nov 2021November 2021 | 50,000 /yr | |
| 606 | 2-bed | 1,067 sqft | AED 535KAED 535,000 · Feb 2022February 2022 | 56,870 /yr | |
| 607 | 2-bed | 1,066 sqft | AED 979KAED 979,223 · May 2009May 2009 | 20,000 /yr | |
| 608 | 1-bed | 812 sqft | AED 371KAED 371,208 · Jun 2015June 2015 | 53,000 /yr | |
| 609 | 1-bed | 811 sqft | AED 650KAED 650,000 · Sep 2015September 2015 | 31,900 /yr |
602, Mazaya - Farah Tower 1 in numbers
- Sold twice: first on 4 May 2009 for AED 678,647, last on 7 February 2023 for AED 364,000 (AED 480 per sqft).
- Rented since June 2015 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 24,000 in 2021 and recovered to AED 40,700 by September 2025.
- At AED 40,700 a year the gross yield on the 2023 price is 11.2%, before a service charge of about AED 8,600 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 20 September 2025.
Questions about 602, Mazaya - Farah Tower 1
What did unit 602 last sell for?
AED 364,000 on 7 February 2023: AED 480 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 678,647 in May 2009.
What is the rent for unit 602?
AED 40,700 a year on the contract renewed on 20 September 2025. The previous contract, from September 2024, was AED 40,700; the unit has been rented since June 2015.
How big is unit 602?
758 sqft (70.4 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2014.
What is unit 602 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 602, Mazaya - Farah Tower 1
Starts from the last sale price (AED 364K, 7 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 364,000
- Deposit, UAE resident (20%)
- AED 72,800
- Deposit, non-resident (40%)
- AED 145,600
- Monthly over 25 years at 3.7%
- AED 1,489
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →