1-bed · 708 sqftMazaya - Farah Tower 2, Liwan · 3rd floor · completed 2012

308, Mazaya - Farah Tower 2

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 24 November 2019
Last soldAED 353K24 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya - Farah Tower 2

What is 308 worth today?

Last sold for AED 353,000 in 2019

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24 Nov 2019Sold by developerReady
AED 353,000AED 498 per sqft

Source: Dubai Land Department. Updated 24 November 2019.

Key facts

Type
1-bed apartment
Size
708 sqft
Floor
3rd of 5
Parking
G-18
Developer
Al Mazaya Real Estate
Completed
2012
Service charge
AED 7,800 /yr
Last sold
AED 353K · November 2019

About 308, Mazaya - Farah Tower 2

308 is a one-bedroom apartment of 708 sqft on the 3rd 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 24 November 2019 for AED 353,000, or AED 498 per sqft, in line with the AED 498 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 308 over time

Sales
Unit 308, 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, November 2019: AED 353,000 (AED 498 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Mazaya - Farah Tower 2
40K2017202020232026Typical 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 50,000

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 308 sits

All 38 1-beds →

308 last sold in November 2019 at AED 498 per sqft, in line with what one-beds in Mazaya - Farah Tower 2 were fetching at the time (AED 498). 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.

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 3rd floor

All 57 units in Mazaya - Farah Tower 2
Value
3013-bedAED 700K · Sep 2020
3021-bedAED 499K · Jan 2026
3031-bedAED 520K · Mar 2025
3042-bedAED 485K · Aug 2020
3052-bedAED 1.05M · Jul 2017
3061-bedAED 370K · Oct 2022
3071-bedAED 380K · Dec 2022
1–7 of 12

308, Mazaya - Farah Tower 2 in numbers

  • Sold once: by Al Mazaya Real Estate on 24 November 2019 for AED 353,000, or AED 498 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 24 November 2019.

Questions about 308, Mazaya - Farah Tower 2

What did unit 308 last sell for?

AED 353,000 on 24 November 2019, sold by the developer: AED 498 per sqft for 708 sqft. It is the only registered sale of the unit.

How big is unit 308?

708 sqft (65.8 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2012.

What is unit 308 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 308, Mazaya - Farah Tower 2

Starts from the last sale price (AED 353K, 24 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 353,000
Deposit, UAE resident (20%)
AED 70,600
Deposit, non-resident (40%)
AED 141,200
Monthly over 25 years at 3.7%
AED 1,444

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