2-bed · 1,223 sqftMazaya 02, Liwan · 9th floor · completed 2014

902, Mazaya 02

Sold prices and rental history: sold twice, last in January 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 500K22 January 2020
Current rentAED 45K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Mazaya 02

What is 902 worth today?

Last sold for AED 500,000 in 2020

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20 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 37 per sqft
20 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 37 per sqft
20 Oct 2022RentedRenewal
AED 38,000/yr12 months · AED 31 per sqft
20 Oct 2021RentedNew contract
AED 34,000/yr12 months · AED 28 per sqft
2 May 2020RentedNew contract
AED 50,000/yr12 months · AED 41 per sqft
22 Jan 2020SoldReady
AED 500,000AED 408 per sqft
2 May 2019RentedRenewal
AED 54,000/yr12 months · AED 44 per sqft
2 May 2018RentedNew contract
AED 58,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
1,223 sqft
Floor
9th of 9
Parking
G-46
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,600 /yr
Last sold
AED 500K · January 2020
Building
Mazaya 02

About 902, Mazaya 02

902 is a two-bedroom apartment of 1,223 sqft on the 9th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 22 January 2020 for AED 500,000, or AED 408 per sqft, 8% below the AED 444 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 20 October 2024, is AED 45,000 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 11,600 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical two-bed in Mazaya 02
500K750K1M2009201420192024Typical sale price by year: 2009 AED 926,448; 2015 AED 456,690; 2017 AED 860,022; 2018 AED 449,453; 2019 AED 750,000; 2023 AED 694,500; 2024 AED 730,000; 2025 AED 717,500; 2026 AED 915,000Sold by developer, May 2009: AED 862,508 (AED 705 per sqft)Sold, January 2020: AED 500,000 (AED 408 per sqft)

902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 902, each contractTypical two-bed in Mazaya 02
40K60K2017202020232026Typical rent by year: 2017 AED 67,318; 2018 AED 62,000; 2019 AED 54,000; 2020 AED 48,000; 2021 AED 40,000; 2022 AED 43,000; 2023 AED 46,650; 2024 AED 51,600; 2025 AED 67,000; 2026 AED 70,000New contract, May 2018: AED 58,000 a yearRenewal, May 2019: AED 54,000 a yearNew contract, May 2020: AED 50,000 a yearNew contract, October 2021: AED 34,000 a yearRenewal, October 2022: AED 38,000 a yearNew contract, October 2024: AED 45,000 a yearNew contract, October 2024: AED 45,000 a year

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

2-beds in Mazaya 02, and where 902 sits

All 29 2-beds →

902 last sold in January 2020 at AED 408 per sqft, 8% below what two-beds in Mazaya 02 were fetching at the time (AED 444). Over the last 12 months two-beds sold for AED 850,000 to 965,000, around AED 716 per sqft, and rent for AED 52,330 to 85,000 a year. 902's AED 45,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Aug 2026915,000
27 Jul 2026965,000
8 Apr 2026850,000
30 Apr 2025777,898
3 2-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 9th floor

All 91 units in Mazaya 02
Value
9011-bedAED 365K · Apr 2024
9032-bedAED 715K · Oct 2023
9043-bedAED 1.02M · Nov 2020
9053-bedAED 1.2M · Oct 2017
9062-bedAED 1M · Oct 2017
9071-bedAED 550K · Jan 2026
9082-bedAED 800K · Dec 2019
1–7 of 8

902, Mazaya 02 in numbers

  • Sold twice: first on 11 May 2009 for AED 862,508, last on 22 January 2020 for AED 500,000 (AED 408 per sqft).
  • Rented since May 2018 on 7 Ejari contracts. The rent fell from AED 58,000 to AED 34,000 in 2021 and recovered to AED 45,000 by October 2024.
  • At AED 45,000 a year the gross yield on the 2020 price is 9.0%, before a service charge of about AED 11,600 a year (AED 9.51 per sqft).
  • Two-beds in Mazaya 02 sold for AED 850,000–965,000 in the 12 months to November 2026; the building's median across all types is AED 727 per sqft.

Source: Dubai Land Department. Updated 20 October 2024.

Questions about 902, Mazaya 02

What did unit 902 last sell for?

AED 500,000 on 22 January 2020: AED 408 per sqft for 1,223 sqft. The unit has 2 registered sales; the first was AED 862,508 in May 2009.

What is the rent for unit 902?

AED 45,000 a year on the contract signed on 20 October 2024. The previous contract, from October 2024, was AED 45,000; the unit has been rented since May 2018.

How big is unit 902?

1,223 sqft (113.6 sqm): a two-bedroom apartment on the 9th floor of a 9-storey tower completed in 2014.

What is unit 902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 02 sold for AED 850,000 to 965,000 in the last 12 months, around AED 716 per sqft.

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Mortgage on 902, Mazaya 02

Starts from the last sale price (AED 500K, 22 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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