404, Mazaya - Farah Tower 2
Sold prices and rental history: sold once, by the developer in August 2020, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Mazaya - Farah Tower 2
What is 404 worth today?
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Source: Dubai Land Department. Updated 13 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,239 sqft
- Floor
- 4th of 5
- Parking
- G-55
- Developer
- Al Mazaya Real Estate
- Completed
- 2012
- Service charge
- AED 13,600 /yr
- Last sold
- AED 480K · August 2020
- Building
- Mazaya - Farah Tower 2
About 404, Mazaya - Farah Tower 2
404 is a two-bedroom apartment of 1,239 sqft on the 4th 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 3 August 2020 for AED 480,000, or AED 387 per sqft, 5% below the AED 406 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 13 January 2025, is AED 70,000 a year: a gross yield of 14.6% on the 2020 price, before the service charge of about AED 13,600 a year.
Sales and rents for 404 over time
404 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 2, and where 404 sits
All 15 2-beds →404 last sold in August 2020 at AED 387 per sqft, 5% below what two-beds in Mazaya - Farah Tower 2 were fetching at the time (AED 406). 404's AED 70,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 May 202522 May 2025 | 1,680 sqft | 1,100,000 | 654 | ||
| 3 Apr 20253 April 2025 | 1,160 sqft | 825,000 | 711 | ||
| 13 Feb 202513 February 2025 | 1,160 sqft | 800,000 | 689 | ||
| 28 Apr 202128 April 2021 | 1,160 sqft | 460,000 | 396 |
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 4th floor
All 57 units in Mazaya - Farah Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,806 sqft | AED 725KAED 725,000 · Mar 2021March 2021 | ||
| 402 | 1-bed | 672 sqft | AED 515KAED 515,000 · Apr 2025April 2025 | 50,000 /yr | |
| 403 | 1-bed | 714 sqft | No registered sale | ||
| 405 | 2-bed | 1,680 sqft | AED 1.05MAED 1,050,000 · Aug 2017August 2017 | ||
| 406 | 1-bed | 1,057 sqft | AED 470KAED 470,000 · Feb 2023February 2023 | ||
| 408 | 1-bed | 708 sqft | AED 351KAED 351,000 · Nov 2019November 2019 | 49,000 /yr | |
| 409 | 1-bed | 681 sqft | AED 208KAED 208,380 · May 2009May 2009 | 45,000 /yr | |
| 410 | 1-bed | 701 sqft | AED 353KAED 353,000 · Nov 2019November 2019 | 56,000 /yr | |
| 411 | 2-bed | 1,160 sqft | AED 1.4MAED 1,398,814 · May 2009May 2009 | ||
| 412 | 1-bed | 1,043 sqft | AED 380KAED 380,000 · Sep 2020September 2020 | ||
| 413 | 1-bed | 1,021 sqft | No registered sale |
404, Mazaya - Farah Tower 2 in numbers
- Sold once: by Al Mazaya Real Estate on 3 August 2020 for AED 480,000, or AED 387 per sqft.
- Rented since September 2020 on 3 Ejari contracts, from AED 41,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2020 price is 14.6%, before a service charge of about AED 13,600 a year (AED 11.02 per sqft).
Source: Dubai Land Department. Updated 13 January 2025.
Questions about 404, Mazaya - Farah Tower 2
What did unit 404 last sell for?
AED 480,000 on 3 August 2020, sold by the developer: AED 387 per sqft for 1,239 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 70,000 a year on the contract signed on 13 January 2025. The previous contract, from January 2025, was AED 70,000; the unit has been rented since September 2020.
How big is unit 404?
1,239 sqft (115.1 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2012.
What is unit 404 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 404, Mazaya - Farah Tower 2
Starts from the last sale price (AED 480K, 3 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →