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Farah Tower 1 in Liwan - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Rents in Farah Tower 1

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
29972772,000

The cap rate (rental yield) of investments into Farah Tower 1 project is 8.2% on average.

The price of an apartment in Farah Tower 1 is 8,309 AED/sqm on average.

The long term rent of an apartment in Farah Tower 1 is 727 AED/sqm/year on average.

Rent for 2 bedroom apartment in Farah Tower 1 is 72,000 AED or 727 AED/sqm.

About Farah Tower 1

'Farah Tower 1' in 'Liwan' area project description

Farah Tower 1 is a completed 10-storey residential building in the Liwan area of Dubai Land, part of the Queue Point Liwan and Farah Buildings master development. Developed by Mazaya Holding with architectural design by the National Engineering Bureau, it was completed in 2010 and offers freehold ownership. The tower stands on plot 358-0 (also referenced as R020 or plot 65) and contains 81 units, primarily 1-, 2-, and 3-bedroom apartments.

The layout features practical configurations for modern living. One-bedroom units start at around 650 square feet, expanding to 850 square feet in larger variants, including a balcony, master bedroom, living/dining area, and kitchen. Two- and three-bedroom apartments include open kitchens merged with living rooms, en-suite bathrooms for each bedroom, powder rooms, laundry rooms, and spacious balconies.

Located in Wadi Al Safa 2 within Liwan, Farah Tower 1 benefits from its position in a growing residential cluster. Queue Point provides easy access to major roads like Al Khail Road and Sheikh Mohammed Bin Zayed Road, facilitating connectivity across Dubai. To reach the nearest beaches, such as Jumeirah Beach, residents can drive southeast via Al Khail Road (E44) for about 20-25 minutes (approximately 20 km), or head to Umm Suqeim Beach via similar routes in under 30 minutes depending on traffic.

Nearby projects enhance the area's appeal as a residential hub:
- Mazaya 5, Mazaya 6, Mazaya 7, Mazaya 8, Mazaya 9, Mazaya 10A, and Mazaya 10B, all in Queue Point, Liwan, or Dubai Land, mostly completed.
- Albero by Oro24 in Liwan, Dubai Land (off-plan, completion March 2027, 192 units).
- Wadi Al Safa 2 in Liwan, Dubai Land (completed).

The Liwan market supports a stable residential environment with a mix of completed and emerging developments, catering to families and professionals seeking affordable housing near urban amenities. Farah Tower 1's readiness and configuration position it well within this competitive landscape. Amenities include fire sprinklers, earthquake-resistant structure, and power backup for resident safety and convenience. With 9-10 floors above ground, it exemplifies mid-rise living in a freehold community.



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