2-bed · 1,521 sqftMazaya 04, Liwan · 1st floor · completed 2014

107, Mazaya 04

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 1 June 2020
Last soldAED 1.1M15 December 2014
Current rentAED 50K /yr1 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Mazaya 04

What is 107 worth today?

Last sold for AED 1,104,000 in 2014

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1 Jun 2020RentedRenewal
AED 50,000/yr12 months · AED 33 per sqft
1 Jun 2019RentedNew contract
AED 55,000/yr12 months · AED 36 per sqft
1 Apr 2018RentedRenewal
AED 74,000/yr24 months · AED 49 per sqft
1 Apr 2017RentedRenewal
AED 80,000/yr12 months · AED 53 per sqft
15 Dec 2014Sold by developerReady
AED 1,104,000AED 725 per sqft

Source: Dubai Land Department. Updated 1 June 2020.

Key facts

Type
2-bed apartment
Size
1,521 sqft
Floor
1st of 13
Parking
B-17
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,300 /yr
Last sold
AED 1.1M · December 2014
Building
Mazaya 04

About 107, Mazaya 04

107 is a two-bedroom apartment of 1,521 sqft on the 1st floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 15 December 2014 for AED 1,104,000, or AED 725 per sqft, 7% above the AED 675 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 June 2020, is AED 50,000 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 8,300 a year.

Sales and rents for 107 over time

Sales
Unit 107, 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, December 2014: AED 1,104,000 (AED 725 per sqft)

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

Rents
Unit 107, 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 40,000Renewal, April 2017: AED 80,000 a yearRenewal, April 2018: AED 74,000 a yearNew contract, June 2019: AED 55,000 a yearRenewal, June 2020: AED 50,000 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 107 sits

All 60 2-beds →

107 last sold in December 2014 at AED 725 per sqft, 7% above what two-beds in Mazaya 04 were fetching at the time (AED 675). 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 1st floor

All 216 units in Mazaya 04
Value
1012-bedAED 354K · Feb 2015
1022-bedAED 395K · Oct 2015
1032-bedAED 415K · Apr 2015
1041-bedAED 399K · Jun 2015
1051-bedAED 702K · Dec 2014
1062-bedAED 530K · Feb 2021
1082-bedAED 460K · Aug 2021
1–7 of 12

107, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 15 December 2014 for AED 1,104,000, or AED 725 per sqft.
  • Rented since April 2017 on 4 Ejari contracts, from AED 80,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2014 price is 4.5%, before a service charge of about AED 8,300 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 1 June 2020.

Questions about 107, Mazaya 04

What did unit 107 last sell for?

AED 1,104,000 on 15 December 2014, sold by the developer: AED 725 per sqft for 1,521 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 50,000 a year on the contract renewed on 1 June 2020. The previous contract, from June 2019, was AED 55,000; the unit has been rented since April 2017.

How big is unit 107?

1,521 sqft (141.3 sqm): a two-bedroom apartment on the 1st floor of a 13-storey tower completed in 2014.

What is unit 107 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 107, Mazaya 04

Starts from the last sale price (AED 1.1M, 15 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,104,000
Deposit, UAE resident (20%)
AED 220,800
Deposit, non-resident (40%)
AED 441,600
Monthly over 25 years at 3.7%
AED 4,517

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