308, Mazaya - Farah Tower 1
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Mazaya - Farah Tower 1
What is 308 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 837 sqft
- Floor
- 3rd of 9
- Parking
- G-69
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 9,500 /yr
- Last sold
- AED 717K · May 2009
- Building
- Mazaya - Farah Tower 1
About 308, Mazaya - Farah Tower 1
308 is a one-bedroom apartment of 837 sqft on the 3rd floor of Mazaya - Farah Tower 1, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 3 May 2009 for AED 716,514, or AED 856 per sqft, in line with the AED 857 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 15 February 2026, is AED 55,000 a year: a gross yield of 7.7% on the 2009 price, before the service charge of about AED 9,500 a year.
Sales and rents for 308 over time
308 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 1, and where 308 sits
All 62 1-beds →308 last sold in May 2009 at AED 856 per sqft, in line with what one-beds in Mazaya - Farah Tower 1 were fetching at the time (AED 857). Over the last 12 months one-beds sold for AED 550,000, around AED 845 per sqft, and rent for AED 16,000 to 55,000 a year. 308's AED 55,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 651 sqft | 550,000 | 845 | ||
| 11 Feb 202611 February 2026 | 651 sqft | 550,000 | 845 | ||
| 11 Feb 202611 February 2026 | 651 sqft | 550,000 | 845 | ||
| 15 Jul 202515 July 2025 | 651 sqft | 545,000 | 837 |
Mazaya - Farah Tower 1
Building81 apartments, 1-bed to 2-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 3 sold in the last 12 months.
- Typical price per sqft
- AED 845
- Typical sale
- AED 550K
- Typical rent
- AED 46K /yr
- Typical yield
- 6.3%
Other units on the 3rd floor
All 81 units in Mazaya - Farah Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 651 sqft | AED 559KAED 558,748 · May 2009May 2009 | 37,800 /yr | |
| 302 | 1-bed | 759 sqft | AED 327KAED 327,417 · Jun 2015June 2015 | 46,000 /yr | |
| 303 | 1-bed | 651 sqft | AED 265KAED 265,000 · Aug 2015August 2015 | 33,000 /yr | |
| 304 | 1-bed | 834 sqft | AED 300KAED 300,000 · Nov 2020November 2020 | 46,200 /yr | |
| 305 | 1-bed | 834 sqft | AED 350KAED 350,000 · Dec 2020December 2020 | 34,000 /yr | |
| 306 | 2-bed | 1,068 sqft | AED 415KAED 415,000 · Sep 2015September 2015 | 65,000 /yr | |
| 307 | 2-bed | 1,066 sqft | AED 530KAED 530,000 · Jan 2020January 2020 | ||
| 309 | 1-bed | 836 sqft | AED 300KAED 300,000 · Nov 2021November 2021 | 47,000 /yr |
308, Mazaya - Farah Tower 1 in numbers
- Sold once: by Al Mazaya Real Estate on 3 May 2009 for AED 716,514, or AED 856 per sqft.
- Rented since September 2015 on 9 Ejari contracts. The rent fell from AED 58,000 to AED 25,000 in 2022 and recovered to AED 55,000 by February 2026.
- At AED 55,000 a year the gross yield on the 2009 price is 7.7%, before a service charge of about AED 9,500 a year (AED 11.30 per sqft).
- One-beds in Mazaya - Farah Tower 1 sold for AED 550,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 845 per sqft.
Source: Dubai Land Department. Updated 15 February 2026.
Questions about 308, Mazaya - Farah Tower 1
What did unit 308 last sell for?
AED 716,514 on 3 May 2009, sold by the developer: AED 856 per sqft for 837 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 55,000 a year on the contract signed on 15 February 2026. The previous contract, from January 2024, was AED 37,500; the unit has been rented since September 2015.
How big is unit 308?
837 sqft (77.8 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2014.
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 1 sold for AED 550,000 to 550,000 in the last 12 months, around AED 845 per sqft.
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Mortgage on 308, Mazaya - Farah Tower 1
Starts from the last sale price (AED 717K, 3 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 716,514
- Deposit, UAE resident (20%)
- AED 143,303
- Deposit, non-resident (40%)
- AED 286,606
- Monthly over 25 years at 3.7%
- AED 2,931
Plus AED 35,104 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →