607, Mazaya - Farah Tower 1
Sold prices and rental history: sold once, by the developer in May 2009, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 607, Mazaya - Farah Tower 1
What is 607 worth today?
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Source: Dubai Land Department. Updated 15 November 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,066 sqft
- Floor
- 6th of 9
- Parking
- G-67
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,000 /yr
- Last sold
- AED 979K · May 2009
- Building
- Mazaya - Farah Tower 1
About 607, Mazaya - Farah Tower 1
607 is a two-bedroom apartment of 1,066 sqft on the 6th 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 979,223, or AED 918 per sqft, in line with the AED 902 two-beds in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 15 November 2016, is AED 20,000 a year: a gross yield of 2.0% on the 2009 price, before the service charge of about AED 12,000 a year.
Sales and rents for 607 over time
607 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya - Farah Tower 1, and where 607 sits
All 18 2-beds →607 last sold in May 2009 at AED 918 per sqft, in line with what two-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 902). 607's AED 20,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202422 July 2024 | 1,081 sqft | 700,000 | 647 | ||
| 10 Oct 202210 October 2022 | 1,082 sqft | 545,000 | 503 | ||
| 14 Feb 202214 February 2022 | 1,067 sqft | 535,000 | 501 | ||
| 30 Aug 202030 August 2020 | 1,067 sqft | 515,000 | 482 |
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 | |
| 602 | 1-bed | 758 sqft | AED 364KAED 364,000 · Feb 2023February 2023 | 40,700 /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 | |
| 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 |
607, Mazaya - Farah Tower 1 in numbers
- Sold once: by Al Mazaya Real Estate on 4 May 2009 for AED 979,223, or AED 918 per sqft.
- Rented since November 2015 on 2 Ejari contracts, at AED 20,000 a year.
- At AED 20,000 a year the gross yield on the 2009 price is 2.0%, before a service charge of about AED 12,000 a year (AED 11.30 per sqft).
Source: Dubai Land Department. Updated 15 November 2016.
Questions about 607, Mazaya - Farah Tower 1
What did unit 607 last sell for?
AED 979,223 on 4 May 2009, sold by the developer: AED 918 per sqft for 1,066 sqft. It is the only registered sale of the unit.
What is the rent for unit 607?
AED 20,000 a year on the contract renewed on 15 November 2016. The previous contract, from November 2015, was AED 20,000.
How big is unit 607?
1,066 sqft (99.0 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2014.
What is unit 607 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 607, Mazaya - Farah Tower 1
Starts from the last sale price (AED 979K, 4 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 979,223
- Deposit, UAE resident (20%)
- AED 195,845
- Deposit, non-resident (40%)
- AED 391,689
- Monthly over 25 years at 3.7%
- AED 4,006
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →