2-bed · 1,025 sqftMazaya 04, Liwan · 1st floor · completed 2014

108, Mazaya 04

Sold prices and rental history: sold 3 times, last in August 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 30 August 2021
Last soldAED 460K30 August 2021
Current rentAED 39K /yr3 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Mazaya 04

What is 108 worth today?

Last sold for AED 460,000 in 2021

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30 Aug 2021SoldReady
AED 460,000AED 448 per sqft
3 May 2020RentedNew contract
AED 38,895/yr12 months · AED 38 per sqft
2 May 2020RentedNew contract
AED 38,895/yr12 months · AED 38 per sqft
25 Feb 2019RentedNew contract
AED 48,000/yr12 months · AED 47 per sqft
1 Jun 2018RentedRenewal
AED 65,000/yr12 months · AED 64 per sqft
1 Jun 2017RentedNew contract
AED 65,000/yr12 months · AED 64 per sqft
15 May 2017RentedNew contract
AED 63,000/yr12 months · AED 62 per sqft
20 Mar 2016RentedNew contract
AED 70,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 30 August 2021.

Key facts

Type
2-bed apartment
Size
1,025 sqft
Floor
1st of 13
Parking
B-03
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,600 /yr
Last sold
AED 460K · August 2021
Building
Mazaya 04

About 108, Mazaya 04

108 is a two-bedroom apartment of 1,025 sqft on the 1st floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 30 August 2021 for AED 460,000, or AED 448 per sqft, 5% above the AED 425 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 3 May 2020, is AED 38,895 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 5,600 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical two-bed in Mazaya 04
400K600K800K2009201420192024Typical 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, April 2009: AED 776,778 (AED 757 per sqft)Sold, February 2015: AED 388,389 (AED 378 per sqft)Sold, August 2021: AED 460,000 (AED 448 per sqft)

108 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 108, 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, March 2016: AED 70,000 a yearNew contract, May 2017: AED 63,000 a yearNew contract, June 2017: AED 65,000 a yearRenewal, June 2018: AED 65,000 a yearNew contract, February 2019: AED 48,000 a yearNew contract, May 2020: AED 38,895 a yearNew contract, May 2020: AED 38,895 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 108 sits

All 60 2-beds →

108 last sold in August 2021 at AED 448 per sqft, 5% above what two-beds in Mazaya 04 were fetching at the time (AED 425). 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
1072-bedAED 1.1M · Dec 2014
1–7 of 12

108, Mazaya 04 in numbers

  • Sold 3 times: first on 14 April 2009 for AED 776,778, last on 30 August 2021 for AED 460,000 (AED 448 per sqft).
  • Rented since March 2016 on 7 Ejari contracts, from AED 70,000 to AED 38,895 a year.
  • At AED 38,895 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 5,600 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 30 August 2021.

Questions about 108, Mazaya 04

What did unit 108 last sell for?

AED 460,000 on 30 August 2021: AED 448 per sqft for 1,025 sqft. The unit has 3 registered sales; the first was AED 776,778 in April 2009.

What is the rent for unit 108?

AED 38,895 a year on the contract signed on 3 May 2020. The previous contract, from May 2020, was AED 38,895; the unit has been rented since March 2016.

How big is unit 108?

1,025 sqft (95.2 sqm): a two-bedroom apartment on the 1st floor of a 13-storey tower completed in 2014.

What is unit 108 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 108, Mazaya 04

Starts from the last sale price (AED 460K, 30 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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