PropertyIndex

Farah Tower 1

Completed|81 units · 1 building

Farah Tower 1 is a completed development by AL MAZAYA HOLDING COMPANY in Liwan, comprising 81 registered units. 99 sales are registered with the Dubai Land Department, at a current PIX© price of AED 706 per sqft. At AED 706 per sqft, Farah Tower 1 prices 9% below the Liwan median of AED 778 per sqft on registered sales.

PIX© price · 5.5% YoY
600KAED
Typical
706AED
PSF
Gross yield
9.4%
PIX© rent ÷ PIX© price
Sale records
99
DLD · all time
Rent contracts
492
Ejari · all time
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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 2

1 Bed on Floor 2, Farah Tower 1

Size
Record
Nov 2015 to May 2024
Owners
4
Tenants
6
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
4Owner 410 May 20242.4 yrs
Current owner
6Tenant 65 Jan 202212 mo
Owner 3
5Tenant 55 Dec 202012 mo
Owner 3
4Tenant 425 Oct 201912 mo
Owner 3
3Tenant 325 Oct 201812 mo
Owner 3
2Tenant 219 Jan 20189 mo
Ended early
Owner 3
3Owner 36 Feb 20177.3 yrs
Sold with tenant in place
1Tenant 115 Jan 20162.0 yrs
Owner 2
2Owner 212 Nov 201515 mo
Owner 1 · UndisclosedAcquisition date and price not on record
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1 Bed · Floor 2 · Farah Tower 1
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Farah Tower 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
650 - 1,082 sqft
81600K7065.5%57K9.4%
1 Bed · Apartment
650 - 837 sqft
63
2 Bed · Apartment
1,066 - 1,082 sqft
18---
Sales - Project-Wide99 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
13 Aug 20261 BedFarah Tower 1 · Floor 4814570,000701+78.1%Entry LevelStandard Sale
9 Jul 20261 BedFarah Tower 1 · Floor 7811595,000734-20.8%Entry LevelStandard Sale
17 Feb 20261 BedFarah Tower 1 · Floor 6651550,000845+0.9%StandardStandard Sale
Rentals - Project-Wide492 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
7 Sep 20261 BedFarah Tower 1 · Floor 781542,00052-StandardCERTIFICATE
1 Sep 20261 BedFarah Tower 1 · Floor 881437,40046-Entry LevelCONTRACT
20 Aug 20262 BedFarah Tower 1 · Floor 81,06639,96437-StandardCONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Liwan

The closest-priced registered projects in Liwan.

Common questions about Farah Tower 1

Answered from Dubai Land Department registered transactions.

How much does a property in Farah Tower 1 cost?

Property in Farah Tower 1 sells at a current PIX© price of AED 706 per sqft, or about AED 599,615 for a typical unit, based on 99 sales registered with the Dubai Land Department.

Is Farah Tower 1 completed?

Yes. Farah Tower 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Farah Tower 1?

Farah Tower 1 is developed by AL MAZAYA HOLDING COMPANY, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Farah Tower 1?

Farah Tower 1 yields 9.4% gross, calculated from current PIX© rent against current PIX© sale price, across 492 registered Ejari contracts.

How many units are in Farah Tower 1?

Farah Tower 1 holds 81 registered units, per the Dubai Land Department unit register.

Have prices in Farah Tower 1 gone up or down?

Price per sqft has fallen -5.5% over the last 12 months, to AED 706, across 99 registered sales.