1-bed · 708 sqftMazaya - Farah Tower 2, Liwan · 1st floor · completed 2012

108, Mazaya - Farah Tower 2

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 7 June 2024
Last soldAED 215K26 May 2009
Current rentAED 45K /yr7 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Mazaya - Farah Tower 2

What is 108 worth today?

Last sold for AED 215,226 in 2009

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7 Jun 2024RentedNew contract
AED 45,000/yr12 months · AED 64 per sqft
25 May 2022RentedNew contract
AED 32,000/yr12 months · AED 45 per sqft
1 May 2019RentedRenewal
AED 17,500/yr24 months · AED 25 per sqft
1 May 2018RentedNew contract
AED 42,000/yr12 months · AED 59 per sqft
5 Aug 2017RentedNew contract
AED 45,000/yr12 months · AED 63 per sqft
26 May 2009Sold by developerOff-plan
AED 215,226AED 304 per sqft

Source: Dubai Land Department. Updated 7 June 2024.

Key facts

Type
1-bed apartment
Size
708 sqft
Floor
1st of 5
Parking
G-61
Developer
Al Mazaya Real Estate
Completed
2012
Service charge
AED 7,800 /yr
Last sold
AED 215K · May 2009

About 108, Mazaya - Farah Tower 2

108 is a one-bedroom apartment of 708 sqft on the 1st floor of Mazaya - Farah Tower 2, a 5-storey tower in Liwan completed in 2012 by Al Mazaya Real Estate. The developer sold it on 26 May 2009 for AED 215,226, or AED 304 per sqft, in line with the AED 310 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 7 June 2024, is AED 45,000 a year: a gross yield of 20.9% on the 2009 price, before the service charge of about AED 7,800 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical one-bed in Mazaya - Farah Tower 2
200K400K2009201420192024Typical sale price by year: 2009 AED 210,415; 2019 AED 351,000; 2020 AED 325,000; 2025 AED 535,000Sold by developer, May 2009: AED 215,226 (AED 304 per sqft)

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

Rents
Unit 108, each contractTypical one-bed in Mazaya - Farah Tower 2
20K40K2017202020232026Typical rent by year: 2017 AED 45,000; 2018 AED 41,000; 2019 AED 35,000; 2020 AED 28,500; 2021 AED 26,000; 2022 AED 31,500; 2023 AED 33,000; 2024 AED 40,000; 2025 AED 48,522; 2026 AED 50,000New contract, August 2017: AED 45,000 a yearNew contract, May 2018: AED 42,000 a yearRenewal, May 2019: AED 17,500 a yearNew contract, May 2022: AED 32,000 a yearNew contract, June 2024: AED 45,000 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 2, and where 108 sits

All 38 1-beds →

108 last sold in May 2009 at AED 304 per sqft, in line with what one-beds in Mazaya - Farah Tower 2 were fetching at the time (AED 310). Over the last 12 months one-beds sold for AED 499,000 to 550,000, around AED 775 per sqft, and rent for AED 36,105 to 56,000 a year. 108's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jan 2026499,000
22 Dec 2025550,000
18 Apr 2025505,000
18 Apr 2025515,000
2 1-bed sales in the last 12 months

Mazaya - Farah Tower 2

Building

57 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2012 by Al Mazaya Real Estate. 2 sold in the last 12 months.

Typical price per sqft
AED 775
Typical sale
AED 525K
Typical rent
AED 55K /yr
Typical yield
7.9%
Mazaya - Farah Tower 2, Liwan: prices, sales and rents →

Other units on the 1st floor

All 57 units in Mazaya - Farah Tower 2
Value
1013-bedAED 720K · Oct 2020
1021-bedAED 330K · Jul 2020
1031-bedAED 475K · Apr 2024
1042-bedAED 480K · Feb 2021
1052-bedAED 715K · Nov 2019
1061-bedNo registered sale
1091-bedAED 208K · May 2009
1–7 of 9

108, Mazaya - Farah Tower 2 in numbers

  • Sold once: by Al Mazaya Real Estate on 26 May 2009 for AED 215,226, or AED 304 per sqft.
  • Rented since August 2017 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 17,500 in 2019 and recovered to AED 45,000 by June 2024.
  • At AED 45,000 a year the gross yield on the 2009 price is 20.9%, before a service charge of about AED 7,800 a year (AED 11.02 per sqft).
  • One-beds in Mazaya - Farah Tower 2 sold for AED 499,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 775 per sqft.

Source: Dubai Land Department. Updated 7 June 2024.

Questions about 108, Mazaya - Farah Tower 2

What did unit 108 last sell for?

AED 215,226 on 26 May 2009, sold by the developer: AED 304 per sqft for 708 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 45,000 a year on the contract signed on 7 June 2024. The previous contract, from May 2022, was AED 32,000; the unit has been rented since August 2017.

How big is unit 108?

708 sqft (65.8 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2012.

What is unit 108 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 2 sold for AED 499,000 to 550,000 in the last 12 months, around AED 775 per sqft.

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Mortgage on 108, Mazaya - Farah Tower 2

Starts from the last sale price (AED 215K, 26 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 215,226
Deposit, UAE resident (20%)
AED 43,045
Deposit, non-resident (40%)
AED 86,090
Monthly over 25 years at 3.7%
AED 881

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