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2-bed · 1,394 sqftMazaya 04, Liwan · 10th floor · completed 2014

1016, Mazaya 04

Sold prices and rental history: sold 5 times, last in June 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 3 June 2018
Last soldAED 825K3 June 2018
Current rentAED 80K /yr1 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1016, Mazaya 04

What is 1016 worth today?

Last sold for AED 825,000 in 2018

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3 Jun 2018SoldReady
AED 825,000AED 591 per sqft
3 May 2018SoldReady
AED 585,000AED 419 per sqft
1 Apr 2017RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
1 Apr 2016RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
22 Dec 2014SoldReady
AED 1,008,460AED 723 per sqft
21 Oct 2009Sold by developerOff-plan
AED 1,008,460AED 723 per sqft
21 Oct 2009SoldOff-plan
AED 1,008,460AED 723 per sqft

Source: Dubai Land Department. Updated 3 June 2018.

Key facts

Type
2-bed apartment
Size
1,394 sqft
Floor
10th of 13
Parking
G-70
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,700 /yr
Last sold
AED 825K · June 2018
Building
Mazaya 04

About 1016, Mazaya 04

1016 is a two-bedroom apartment of 1,394 sqft on the 10th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 3 June 2018 for AED 825,000, or AED 591 per sqft, in line with the AED 598 two-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 1 April 2017, is AED 80,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 7,700 a year.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical two-bed in Mazaya 04
500K1M2009201420192024Typical sale price by year: 2009 AED 794,680; 2014 AED 576,631; 2015 AED 529,590; 2016 AED 750,000; 2017 AED 700,000; 2018 AED 725,000; 2020 AED 540,000; 2021 AED 455,000; 2026 AED 585,000Sold by developer, October 2009: AED 1,008,460 (AED 723 per sqft)Sold, October 2009: AED 1,008,460 (AED 723 per sqft)Sold, December 2014: AED 1,008,460 (AED 723 per sqft)Sold, May 2018: AED 585,000 (AED 419 per sqft)Sold, June 2018: AED 825,000 (AED 591 per sqft)

1016 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1016, each contractTypical two-bed in Mazaya 04
40K60K80K2014201720202023Typical rent by year: 2014 AED 80,000; 2015 AED 72,000; 2016 AED 71,000; 2017 AED 65,000; 2018 AED 60,000; 2019 AED 48,000; 2020 AED 42,500; 2021 AED 38,000; 2022 AED 40,000New contract, April 2016: AED 80,000 a yearRenewal, April 2017: AED 80,000 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 04, and where 1016 sits

All 60 2-beds →

1016 last sold in June 2018 at AED 591 per sqft, in line with what two-beds in Mazaya 04 were fetching at the time (AED 598). Over the last 12 months two-beds sold for AED 540,645 to 705,052, around AED 506 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 2026620,000
21 Sep 2026540,645
17 Feb 2026705,052
19 Jan 2026550,000
4 2-bed sales in the last 12 months

Mazaya 04

Building

216 apartments, 1-bed to 3-bed over 13 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 23 sold in the last 12 months.

Typical price per sqft
AED 557 Up 1.5%
Typical sale
AED 340K
Typical rent
AED 53K /yr
Typical yield
14.7%
Mazaya 04, Liwan: prices, sales and rents →

Other units on the 10th floor

All 216 units in Mazaya 04
Value
10011-bedAED 410K · Jul 2026
10022-bedAED 525K · Mar 2025
10032-bedAED 413K · Nov 2015
10041-bedAED 230K · Aug 2023
10051-bedAED 391K · Apr 2009
10061-bedAED 335K · Oct 2015
10071-bedAED 315K · Jun 2026
1–7 of 16

1016, Mazaya 04 in numbers

  • Sold 5 times: first on 21 October 2009 for AED 1,008,460, last on 3 June 2018 for AED 825,000 (AED 591 per sqft).
  • Rented since April 2016 on 2 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2018 price is 9.7%, before a service charge of about AED 7,700 a year (AED 5.49 per sqft).
  • Two-beds in Mazaya 04 sold for AED 540,645–705,052 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 3 June 2018.

Questions about 1016, Mazaya 04

What did unit 1016 last sell for?

AED 825,000 on 3 June 2018: AED 591 per sqft for 1,394 sqft. The unit has 5 registered sales; the first was AED 1,008,460 in October 2009.

What is the rent for unit 1016?

AED 80,000 a year on the contract renewed on 1 April 2017. The previous contract, from April 2016, was AED 80,000.

How big is unit 1016?

1,394 sqft (129.5 sqm): a two-bedroom apartment on the 10th floor of a 13-storey tower completed in 2014.

What is unit 1016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 04 sold for AED 540,645 to 705,052 in the last 12 months, around AED 506 per sqft.

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Mortgage on 1016, Mazaya 04

Starts from the last sale price (AED 825K, 3 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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