Farah Tower 1
About the project Farah Tower 1
(sq. ft.)
Farah Tower 1 is a 10-storey residential complex located in Dubailand, Dubai. The development is part of Queue Point. The project was developed by Mazaya Holding, and the architectural design was implemented by the National Engineering Bureau. The building was completed in 2010.
There are a total of 65 residential units, including one- to three-bedroom apartments. Properties have open kitchens and living rooms. Each bedroom has a bathroom. Two- and three-bedroom apartments also have powder rooms, laundry rooms, and spacious balconies.
The building provides a variety of amenities and services, including:
- Underground parking
- Central air conditioning
- Children’s playground
- Garden for walking
- Barbecue area
- Guest parking near the complex
- Two high-speed elevators for quick movement around the building
- Round-the-clock security services and video surveillance system
Apartments range in size from 635 sq. ft. to 1,252 sq. ft. Properties range in price from AED 320,000 (USD 87,000) to AED 600,000 (USD 163,500).
*The price is valid for 2021
Property Information
- Location Dubailand, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-3BR
- Area from 635 sq. ft.
Location
Dubailand is a large area with many residential, commercial, and entertainment facilities. It is divided into several smaller areas. Farah Tower 1 is located in the community of Liwanat at the intersection of Mohammed Bin Zayed Road and Al Ain-Dubai Road, two of Dubai’s main highways. As a result, residents can take advantage of direct routes to other parts of the emirate.
Liwan has a well-developed infrastructure. The nearest bus stop, Liwan Mazaya, can be reached within a three-minute walk of the tower. Cabs are also available throughout the neighbourhood and provide convenient ways to get around the city.
There are many social and leisure facilities located within a 15-minute walk of the residences, including:
- British Orchard Nursery
- Liwan Lake Garden Community Garden
- Liwan Lake Mosque
- Liwan FFC Cafe
The complex is situated within a 20-minutes drive of several popular destinations, including:
- Sarhad Darbar, Sandwichy, and Shakespeare & Co. Restaurant
- Choithrams, NAJI, Green Park, Al Madina, and West Zone Supermarket
- GEMS Wellington Academy
- Nad Al Sheba Health Centre
- IMG Worlds of Adventure, Dubai’s largest theme park
- Global Village Park
- Dubai Fountain
- Dubai Butterfly Garden
Dubai International Airport can be reached within a 25-minute drive of the apartments.
Payback
Farah Tower 1 offers an advantageous location, which contributes to a high return on investment rate. As of now, properties have a return rate that ranges from 6% to 7%. The annual rental rate for an apartment ranges from AED 32,000 (USD 8,500) to AED 68,000 (USD 18,500). The estimated payback period on investments ranges from 14 to 18 years.
*The price is valid for 2021
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Internet City, Dubai, UAE
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