1-bed · 840 sqftMazaya 02, Liwan · 2nd floor · completed 2014

205, Mazaya 02

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 569K11 May 2009
Current rentAED 43K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Mazaya 02

What is 205 worth today?

Last sold for AED 568,684 in 2009

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1 Oct 2023RentedNew contract
AED 43,000/yr12 months · AED 51 per sqft
1 Nov 2022RentedRenewal
AED 30,000/yr12 months · AED 36 per sqft
1 Nov 2021RentedNew contract
AED 30,000/yr12 months · AED 36 per sqft
1 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 38 per sqft
1 Sep 2019RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
5 Jul 2018RentedNew contract
AED 44,000/yr12 months · AED 52 per sqft
11 May 2009Sold by developerOff-plan
AED 568,684AED 676 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
1-bed apartment
Size
840 sqft
Floor
2nd of 9
Parking
F-03
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 569K · May 2009
Building
Mazaya 02

About 205, Mazaya 02

205 is a one-bedroom apartment of 840 sqft on the 2nd floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 11 May 2009 for AED 568,684, or AED 676 per sqft, in line with the AED 687 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 October 2023, is AED 43,000 a year: a gross yield of 7.6% on the 2009 price, before the service charge of about AED 8,000 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical one-bed in Mazaya 02
400K600K2009201420192024Typical sale price by year: 2009 AED 506,552; 2015 AED 317,285; 2016 AED 508,091; 2017 AED 513,000; 2018 AED 275,213; 2020 AED 325,000; 2022 AED 300,000; 2023 AED 380,000; 2024 AED 385,000; 2025 AED 550,000; 2026 AED 561,825Sold by developer, May 2009: AED 568,684 (AED 676 per sqft)

205 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 205, each contractTypical one-bed in Mazaya 02
30K40K50K2017202020232026Typical rent by year: 2017 AED 47,500; 2018 AED 44,000; 2019 AED 36,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 35,101; 2024 AED 41,140; 2025 AED 48,000; 2026 AED 48,000New contract, July 2018: AED 44,000 a yearNew contract, September 2019: AED 38,000 a yearNew contract, September 2020: AED 32,000 a yearNew contract, November 2021: AED 30,000 a yearRenewal, November 2022: AED 30,000 a yearNew contract, October 2023: AED 43,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mazaya 02, and where 205 sits

All 56 1-beds →

205 last sold in May 2009 at AED 676 per sqft, in line with what one-beds in Mazaya 02 were fetching at the time (AED 687). Over the last 12 months one-beds sold for AED 499,000 to 655,000, around AED 741 per sqft, and rent for AED 41,607 to 60,000 a year. 205's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Oct 2026620,000
26 Oct 2026573,650
27 Apr 2026499,000
29 Jan 2026550,000
7 1-bed sales in the last 12 months

Mazaya 02

Building

91 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.

Typical price per sqft
AED 727 Up 26.2%
Typical sale
AED 597K
Typical rent
AED 53K /yr
Typical yield
8.2%
Mazaya 02, Liwan: prices, sales and rents →

Other units on the 2nd floor

All 91 units in Mazaya 02
Value
2011-bedAED 518K · Nov 2015
2022-bedAED 819K · May 2017
2032-bedAED 820K · Sep 2017
2041-bedAED 354K · Nov 2017
2061-bedAED 666K · Sep 2017
2071-bedAED 253K · Apr 2018
2081-bedAED 556K · Aug 2016
1–7 of 11

205, Mazaya 02 in numbers

  • Sold once: by Al Mazaya Real Estate on 11 May 2009 for AED 568,684, or AED 676 per sqft.
  • Rented since July 2018 on 6 Ejari contracts. The rent fell from AED 44,000 to AED 30,000 in 2022 and recovered to AED 43,000 by October 2023.
  • At AED 43,000 a year the gross yield on the 2009 price is 7.6%, before a service charge of about AED 8,000 a year (AED 9.51 per sqft).
  • One-beds in Mazaya 02 sold for AED 499,000–655,000 in the 12 months to November 2026; the building's median across all types is AED 727 per sqft.

Source: Dubai Land Department. Updated 1 October 2023.

Questions about 205, Mazaya 02

What did unit 205 last sell for?

AED 568,684 on 11 May 2009, sold by the developer: AED 676 per sqft for 840 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 43,000 a year on the contract signed on 1 October 2023. The previous contract, from November 2022, was AED 30,000; the unit has been rented since July 2018.

How big is unit 205?

840 sqft (78.0 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2014.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 02 sold for AED 499,000 to 655,000 in the last 12 months, around AED 741 per sqft.

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Mortgage on 205, Mazaya 02

Starts from the last sale price (AED 569K, 11 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 568,684
Deposit, UAE resident (20%)
AED 113,737
Deposit, non-resident (40%)
AED 227,474
Monthly over 25 years at 3.7%
AED 2,327

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →