306, Mazaya - Farah Tower 2
Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Mazaya - Farah Tower 2
What is 306 worth today?
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Source: Dubai Land Department. Updated 10 October 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,057 sqft
- Floor
- 3rd of 5
- Parking
- G-11
- Developer
- Al Mazaya Real Estate
- Completed
- 2012
- Service charge
- AED 11,600 /yr
- Last sold
- AED 370K · October 2022
- Building
- Mazaya - Farah Tower 2
About 306, Mazaya - Farah Tower 2
306 is a one-bedroom apartment of 1,057 sqft on the 3rd floor of Mazaya - Farah Tower 2, a 5-storey tower in Liwan completed in 2012 by Al Mazaya Real Estate. It last sold on 10 October 2022 for AED 370,000, or AED 350 per sqft.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 22 August 2020, is AED 35,000 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 11,600 a year.
Sales and rents for 306 over time
306 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 2, and where 306 sits
All 38 1-beds →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. 306's AED 35,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jan 202621 January 2026 | 672 sqft | 499,000 | 742 | ||
| 22 Dec 202522 December 2025 | 680 sqft | 550,000 | 808 | ||
| 18 Apr 202518 April 2025 | 672 sqft | 505,000 | 751 | ||
| 18 Apr 202518 April 2025 | 672 sqft | 515,000 | 766 |
Mazaya - Farah Tower 2
Building57 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%
Other units on the 3rd floor
All 57 units in Mazaya - Farah Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,806 sqft | AED 700KAED 700,000 · Sep 2020September 2020 | ||
| 302 | 1-bed | 672 sqft | AED 499KAED 499,000 · Jan 2026January 2026 | 55,000 /yr | |
| 303 | 1-bed | 714 sqft | AED 520KAED 520,000 · Mar 2025March 2025 | ||
| 304 | 2-bed | 1,239 sqft | AED 485KAED 485,000 · Aug 2020August 2020 | 75,000 /yr | |
| 305 | 2-bed | 1,680 sqft | AED 1.05MAED 1,050,000 · Jul 2017July 2017 | ||
| 307 | 1-bed | 1,024 sqft | AED 380KAED 380,000 · Dec 2022December 2022 | 34,000 /yr | |
| 308 | 1-bed | 708 sqft | AED 353KAED 353,000 · Nov 2019November 2019 | ||
| 309 | 1-bed | 681 sqft | AED 500KAED 500,000 · Aug 2016August 2016 | 45,000 /yr | |
| 310 | 1-bed | 701 sqft | AED 175KAED 175,000 · Dec 2019December 2019 | ||
| 311 | 2-bed | 1,160 sqft | AED 460KAED 460,000 · Jan 2021January 2021 | 65,000 /yr | |
| 312 | 1-bed | 1,043 sqft | AED 650KAED 650,000 · Jan 2025January 2025 | ||
| 313 | 1-bed | 1,021 sqft | No registered sale |
306, Mazaya - Farah Tower 2 in numbers
- Sold twice: first on 4 May 2009 for AED 1,247,956, last on 10 October 2022 for AED 370,000 (AED 350 per sqft).
- Rented since August 2017 on 4 Ejari contracts, from AED 48,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2022 price is 9.5%, before a service charge of about AED 11,600 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 10 October 2022.
Questions about 306, Mazaya - Farah Tower 2
What did unit 306 last sell for?
AED 370,000 on 10 October 2022: AED 350 per sqft for 1,057 sqft. The unit has 2 registered sales; the first was AED 1,247,956 in May 2009.
What is the rent for unit 306?
AED 35,000 a year on the contract renewed on 22 August 2020. The previous contract, from August 2019, was AED 41,000; the unit has been rented since August 2017.
How big is unit 306?
1,057 sqft (98.2 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2012.
What is unit 306 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 306, Mazaya - Farah Tower 2
Starts from the last sale price (AED 370K, 10 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 370,000
- Deposit, UAE resident (20%)
- AED 74,000
- Deposit, non-resident (40%)
- AED 148,000
- Monthly over 25 years at 3.7%
- AED 1,514
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →