1-bed · 811 sqftMazaya - Farah Tower 1, Liwan · 6th floor · completed 2014

609, Mazaya - Farah Tower 1

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 26 February 2023
Last soldAED 650K6 September 2015
Current rentAED 31K /yr26 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Mazaya - Farah Tower 1

What is 609 worth today?

Last sold for AED 650,000 in 2015

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26 Feb 2023RentedRenewal
AED 30,500/yr12 months · AED 38 per sqft
26 Feb 2023RentedNew contract
AED 31,900/yr12 months · AED 40 per sqft
26 Feb 2022RentedNew contract
AED 29,000/yr12 months · AED 36 per sqft
1 Mar 2021RentedRenewal
AED 28,000/yr12 months · AED 35 per sqft
1 Mar 2020RentedNew contract
AED 32,000/yr12 months · AED 40 per sqft
26 Jan 2019RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
26 Jul 2018RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
1 Mar 2017RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 26 February 2023.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
6th of 9
Parking
G-08
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,200 /yr
Last sold
AED 650K · September 2015

About 609, Mazaya - Farah Tower 1

609 is a one-bedroom apartment of 811 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 6 September 2015 for AED 650,000, or AED 801 per sqft, 76% above the AED 456 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 26 February 2023, is AED 30,500 a year: a gross yield of 4.7% on the 2015 price, before the service charge of about AED 9,200 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical one-bed in Mazaya - Farah Tower 1
400K600K2009201420192024Typical sale price by year: 2009 AED 704,860; 2015 AED 550,000; 2016 AED 460,000; 2017 AED 415,000; 2019 AED 405,000; 2020 AED 300,000; 2021 AED 300,000; 2024 AED 497,500; 2025 AED 600,000; 2026 AED 550,000Sold by developer, September 2015: AED 650,000 (AED 801 per sqft)

609 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 609, each contractTypical one-bed in Mazaya - Farah Tower 1
40K60K20152018202120242027Typical rent by year: 2015 AED 57,000; 2016 AED 50,000; 2017 AED 47,000; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 29,000; 2023 AED 34,000; 2024 AED 40,425; 2025 AED 45,000; 2026 AED 43,832New contract, September 2015: AED 58,000 a yearNew contract, December 2015: AED 58,000 a yearNew contract, March 2017: AED 50,000 a yearNew contract, July 2018: AED 40,000 a yearNew contract, January 2019: AED 40,000 a yearNew contract, March 2020: AED 32,000 a yearRenewal, March 2021: AED 28,000 a yearNew contract, February 2022: AED 29,000 a yearRenewal, February 2023: AED 30,500 a yearNew contract, February 2023: AED 31,900 a year

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 609 sits

All 63 1-beds →

609 last sold in September 2015 at AED 801 per sqft, 76% above what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 456). 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. 609's AED 30,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 2026570,000
9 Jul 2026595,000
17 Feb 2026550,000
11 Feb 2026550,000
5 1-bed sales in the last 12 months

Mazaya - Farah Tower 1

Building

81 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%
Mazaya - Farah Tower 1, Liwan: prices, sales and rents →

Other units on the 6th floor

All 81 units in Mazaya - Farah Tower 1
Value
6011-bedAED 550K · Feb 2026
6021-bedAED 364K · Feb 2023
6031-bedAED 530K · Sep 2015
6041-bedAED 300K · Nov 2021
6051-bedAED 300K · Nov 2021
6062-bedAED 535K · Feb 2022
6072-bedAED 979K · May 2009
1–7 of 8

609, Mazaya - Farah Tower 1 in numbers

  • Sold once: by Al Mazaya Real Estate on 6 September 2015 for AED 650,000, or AED 801 per sqft.
  • Rented since September 2015 on 10 Ejari contracts, from AED 58,000 to AED 30,500 a year.
  • At AED 30,500 a year the gross yield on the 2015 price is 4.7%, 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 26 February 2023.

Questions about 609, Mazaya - Farah Tower 1

What did unit 609 last sell for?

AED 650,000 on 6 September 2015, sold by the developer: AED 801 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 609?

AED 30,500 a year on the contract renewed on 26 February 2023. The previous contract, from February 2023, was AED 31,900; the unit has been rented since September 2015.

How big is unit 609?

811 sqft (75.3 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2014.

What is unit 609 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 609, Mazaya - Farah Tower 1

Starts from the last sale price (AED 650K, 6 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →