707, Mazaya - Farah Tower 1
Sold prices and rental history: sold once, by the developer in March 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 707, Mazaya - Farah Tower 1
What is 707 worth today?
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Source: Dubai Land Department. Updated 15 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,066 sqft
- Floor
- 7th of 9
- Parking
- G-68
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,000 /yr
- Last sold
- AED 600K · March 2019
- Building
- Mazaya - Farah Tower 1
About 707, Mazaya - Farah Tower 1
707 is a two-bedroom apartment of 1,066 sqft on the 7th 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 6 March 2019 for AED 600,000, or AED 562 per sqft.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 60,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 12,000 a year.
Sales and rents for 707 over time
707 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 1, and where 707 sits
All 18 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202422 July 2024 | 1,081 sqft | 700,000 | 647 | ||
| 10 Oct 202210 October 2022 | 1,082 sqft | 545,000 | 503 | ||
| 14 Feb 202214 February 2022 | 1,067 sqft | 535,000 | 501 | ||
| 30 Aug 202030 August 2020 | 1,067 sqft | 515,000 | 482 |
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 7th floor
All 81 units in Mazaya - Farah Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 651 sqft | AED 375KAED 375,000 · Feb 2019February 2019 | ||
| 702 | 1-bed | 758 sqft | AED 600KAED 600,000 · Jan 2016January 2016 | 30,000 /yr | |
| 703 | 1-bed | 651 sqft | AED 550KAED 550,000 · Feb 2026February 2026 | 27,000 /yr | |
| 704 | 1-bed | 814 sqft | AED 335KAED 335,000 · May 2022May 2022 | 44,100 /yr | |
| 705 | 1-bed | 815 sqft | AED 415KAED 415,000 · Mar 2017March 2017 | 42,000 /yr | |
| 706 | 2-bed | 1,067 sqft | AED 1.36MAED 1,358,460 · May 2009May 2009 | 52,030 /yr | |
| 708 | 1-bed | 812 sqft | AED 600KAED 600,000 · Jun 2016June 2016 | 53,000 /yr | |
| 709 | 1-bed | 811 sqft | AED 751KAED 751,047 · May 2009May 2009 | 43,000 /yr |
707, Mazaya - Farah Tower 1 in numbers
- Sold once: by Al Mazaya Real Estate on 6 March 2019 for AED 600,000, or AED 562 per sqft.
- Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 52,000 to AED 45,000 in 2021 and recovered to AED 60,000 by February 2025.
- At AED 60,000 a year the gross yield on the 2019 price is 10.0%, before a service charge of about AED 12,000 a year (AED 11.30 per sqft).
Source: Dubai Land Department. Updated 15 February 2025.
Questions about 707, Mazaya - Farah Tower 1
What did unit 707 last sell for?
AED 600,000 on 6 March 2019, sold by the developer: AED 562 per sqft for 1,066 sqft. It is the only registered sale of the unit.
What is the rent for unit 707?
AED 60,000 a year on the contract renewed on 15 February 2025. The previous contract, from February 2024, was AED 60,000; the unit has been rented since April 2019.
How big is unit 707?
1,066 sqft (99.0 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2014.
What is unit 707 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 707, Mazaya - Farah Tower 1
Starts from the last sale price (AED 600K, 6 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →