408, Mazaya - Farah Tower 2
Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Mazaya - Farah Tower 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 708 sqft
- Floor
- 4th of 5
- Parking
- G-37
- Developer
- Al Mazaya Real Estate
- Completed
- 2012
- Service charge
- AED 7,800 /yr
- Last sold
- AED 351K · November 2019
- Building
- Mazaya - Farah Tower 2
About 408, Mazaya - Farah Tower 2
408 is a one-bedroom apartment of 708 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 24 November 2019 for AED 351,000, or AED 496 per sqft, in line with the AED 498 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 25 September 2026, is AED 49,000 a year: a gross yield of 14.0% on the 2019 price, before the service charge of about AED 7,800 a year.
Sales and rents for 408 over time
408 has sold once; 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 408 sits
All 38 1-beds →408 last sold in November 2019 at AED 496 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. 408's AED 49,000 is in the upper half 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 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 | ||
| 404 | 2-bed | 1,239 sqft | AED 480KAED 480,000 · Aug 2020August 2020 | 70,000 /yr | |
| 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 | ||
| 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 |
408, Mazaya - Farah Tower 2 in numbers
- Sold once: by Al Mazaya Real Estate on 24 November 2019 for AED 351,000, or AED 496 per sqft.
- Rented since December 2019 on 8 Ejari contracts. The rent fell from AED 35,000 to AED 26,000 in 2021 and recovered to AED 49,000 by September 2026.
- At AED 49,000 a year the gross yield on the 2019 price is 14.0%, 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 25 September 2026.
Questions about 408, Mazaya - Farah Tower 2
What did unit 408 last sell for?
AED 351,000 on 24 November 2019, sold by the developer: AED 496 per sqft for 708 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 49,000 a year on the contract signed on 25 September 2026. The previous contract, from September 2025, was AED 51,000; the unit has been rented since December 2019.
How big is unit 408?
708 sqft (65.8 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2012.
What is unit 408 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 408, Mazaya - Farah Tower 2
Starts from the last sale price (AED 351K, 24 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 351,000
- Deposit, UAE resident (20%)
- AED 70,200
- Deposit, non-resident (40%)
- AED 140,400
- Monthly over 25 years at 3.7%
- AED 1,436
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →