1-bed · 769 sqftMazaya 02, Liwan · 6th floor · completed 2014

608, Mazaya 02

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 28 July 2024
Last soldAED 266K21 January 2018
Current rentAED 39K /yr28 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Mazaya 02

What is 608 worth today?

Last sold for AED 266,083 in 2018

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28 Jul 2024RentedRenewal
AED 38,519/yr12 months · AED 50 per sqft
29 Jul 2023RentedRenewal
AED 33,588/yr12 months · AED 44 per sqft
29 Jul 2022RentedNew contract
AED 30,450/yr12 months · AED 40 per sqft
1 Oct 2019RentedRenewal
AED 37,000/yr12 months · AED 48 per sqft
1 Oct 2018RentedRenewal
AED 41,000/yr12 months · AED 54 per sqft
21 Jan 2018Sold by developerReady
AED 266,083AED 346 per sqft
1 Oct 2017RentedNew contract
AED 41,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 28 July 2024.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
6th of 9
Parking
G-37
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,300 /yr
Last sold
AED 266K · January 2018
Building
Mazaya 02

About 608, Mazaya 02

608 is a one-bedroom apartment of 769 sqft on the 6th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 21 January 2018 for AED 266,083, or AED 346 per sqft, 48% below the AED 669 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 28 July 2024, is AED 38,519 a year: a gross yield of 14.5% on the 2018 price, before the service charge of about AED 7,300 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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, January 2018: AED 266,083 (AED 346 per sqft)

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

Rents
Unit 608, 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, October 2017: AED 41,000 a yearRenewal, October 2018: AED 41,000 a yearRenewal, October 2019: AED 37,000 a yearNew contract, July 2022: AED 30,450 a yearRenewal, July 2023: AED 33,588 a yearRenewal, July 2024: AED 38,519 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 608 sits

All 56 1-beds →

608 last sold in January 2018 at AED 346 per sqft, 48% below what one-beds in Mazaya 02 were fetching at the time (AED 669). 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. 608's AED 38,519 is at the bottom 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 6th floor

All 91 units in Mazaya 02
Value
6011-bedAED 474K · Aug 2016
6022-bedAED 915K · Aug 2026
6032-bedAED 690K · Feb 2024
6041-bedAED 400K · Jun 2022
6051-bedAED 670K · Jun 2016
6061-bedAED 445K · Jun 2025
6071-bedAED 523K · May 2009
1–7 of 11

608, Mazaya 02 in numbers

  • Sold once: by Al Mazaya Real Estate on 21 January 2018 for AED 266,083, or AED 346 per sqft.
  • Rented since October 2017 on 6 Ejari contracts. The rent fell from AED 41,000 to AED 30,450 in 2022 and recovered to AED 38,519 by July 2024.
  • At AED 38,519 a year the gross yield on the 2018 price is 14.5%, before a service charge of about AED 7,300 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 28 July 2024.

Questions about 608, Mazaya 02

What did unit 608 last sell for?

AED 266,083 on 21 January 2018, sold by the developer: AED 346 per sqft for 769 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 38,519 a year on the contract renewed on 28 July 2024. The previous contract, from July 2023, was AED 33,588; the unit has been rented since October 2017.

How big is unit 608?

769 sqft (71.4 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2014.

What is unit 608 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 608, Mazaya 02

Starts from the last sale price (AED 266K, 21 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 266,083
Deposit, UAE resident (20%)
AED 53,217
Deposit, non-resident (40%)
AED 106,433
Monthly over 25 years at 3.7%
AED 1,089

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