907, Mazaya - Farah Tower 1
Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 907, Mazaya - Farah Tower 1
What is 907 worth today?
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Source: Dubai Land Department. Updated 7 June 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,066 sqft
- Floor
- 9th of 9
- Parking
- G-63
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,000 /yr
- Last sold
- AED 800K · October 2015
- Building
- Mazaya - Farah Tower 1
About 907, Mazaya - Farah Tower 1
907 is a two-bedroom apartment of 1,066 sqft on the 9th 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 5 October 2015 for AED 800,000, or AED 750 per sqft, 50% above the AED 501 two-beds in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 7 June 2021, is AED 40,000 a year: a gross yield of 5.0% on the 2015 price, before the service charge of about AED 12,000 a year.
Sales and rents for 907 over time
907 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 907 sits
All 18 2-beds →907 last sold in October 2015 at AED 750 per sqft, 50% above what two-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 501). 907's AED 40,000 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 9th floor
All 81 units in Mazaya - Farah Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 1-bed | 651 sqft | AED 545KAED 545,000 · Oct 2015October 2015 | 45,000 /yr | |
| 902 | 1-bed | 758 sqft | AED 600KAED 600,000 · Aug 2015August 2015 | 16,000 /yr | |
| 903 | 1-bed | 651 sqft | AED 599KAED 599,385 · May 2009May 2009 | 30,000 /yr | |
| 904 | 1-bed | 814 sqft | AED 600KAED 600,000 · Feb 2025February 2025 | 58,000 /yr | |
| 905 | 1-bed | 815 sqft | AED 773KAED 772,629 · May 2009May 2009 | 54,000 /yr | |
| 906 | 2-bed | 1,067 sqft | AED 1.39MAED 1,386,761 · May 2009May 2009 | ||
| 908 | 1-bed | 812 sqft | AED 630KAED 630,000 · Oct 2015October 2015 | 48,000 /yr | |
| 909 | 1-bed | 811 sqft | AED 550KAED 550,000 · Sep 2024September 2024 | 48,000 /yr |
907, Mazaya - Farah Tower 1 in numbers
- Sold once: by Al Mazaya Real Estate on 5 October 2015 for AED 800,000, or AED 750 per sqft.
- Rented since August 2016 on 2 Ejari contracts, from AED 75,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2015 price is 5.0%, before a service charge of about AED 12,000 a year (AED 11.30 per sqft).
Source: Dubai Land Department. Updated 7 June 2021.
Questions about 907, Mazaya - Farah Tower 1
What did unit 907 last sell for?
AED 800,000 on 5 October 2015, sold by the developer: AED 750 per sqft for 1,066 sqft. It is the only registered sale of the unit.
What is the rent for unit 907?
AED 40,000 a year on the contract signed on 7 June 2021. The previous contract, from August 2016, was AED 75,000.
How big is unit 907?
1,066 sqft (99.0 sqm): a two-bedroom apartment on the 9th floor of a 9-storey tower completed in 2014.
What is unit 907 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 907, Mazaya - Farah Tower 1
Starts from the last sale price (AED 800K, 5 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →