2-bed · 975 sqftMazaya 04, Liwan · 12th floor · completed 2014

1201, Mazaya 04

Sold prices and rental history: sold twice, last in December 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 5 April 2022
Last soldAED 635K7 December 2017
Current rentAED 37K /yr5 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Mazaya 04

What is 1201 worth today?

Last sold for AED 635,000 in 2017

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5 Apr 2022RentedNew contract
AED 37,000/yr12 months · AED 38 per sqft
1 Apr 2021RentedNew contract
AED 36,000/yr12 months · AED 37 per sqft
1 Feb 2018RentedNew contract
AED 58,000/yr12 months · AED 59 per sqft
7 Dec 2017SoldReady
AED 635,000AED 650 per sqft
12 Apr 2009Sold by developerOff-plan
AED 707,808AED 725 per sqft

Source: Dubai Land Department. Updated 5 April 2022.

Key facts

Type
2-bed apartment
Size
975 sqft
Floor
12th of 13
Parking
G-52
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,400 /yr
Last sold
AED 635K · December 2017
Building
Mazaya 04

About 1201, Mazaya 04

1201 is a two-bedroom apartment of 975 sqft on the 12th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 7 December 2017 for AED 635,000, or AED 650 per sqft, in line with the AED 639 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 5 April 2022, is AED 37,000 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 5,400 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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 707,808 (AED 725 per sqft)Sold, December 2017: AED 635,000 (AED 650 per sqft)

1201 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, 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, February 2018: AED 58,000 a yearNew contract, April 2021: AED 36,000 a yearNew contract, April 2022: AED 37,000 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 1201 sits

All 60 2-beds →

1201 last sold in December 2017 at AED 650 per sqft, in line with what two-beds in Mazaya 04 were fetching at the time (AED 639). 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 12th floor

All 216 units in Mazaya 04
Value
12022-bedAED 400K · Mar 2015
12032-bedAED 820K · Mar 2015
12041-bedAED 391K · Feb 2015
12051-bedAED 391K · Dec 2014
12062-bedAED 557K · Jan 2015
12072-bedAED 725K · Feb 2018
12082-bedAED 450K · Jan 2021
1–7 of 12

1201, Mazaya 04 in numbers

  • Sold twice: first on 12 April 2009 for AED 707,808, last on 7 December 2017 for AED 635,000 (AED 650 per sqft).
  • Rented since February 2018 on 3 Ejari contracts, from AED 58,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2017 price is 5.8%, before a service charge of about AED 5,400 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 5 April 2022.

Questions about 1201, Mazaya 04

What did unit 1201 last sell for?

AED 635,000 on 7 December 2017: AED 650 per sqft for 975 sqft. The unit has 2 registered sales; the first was AED 707,808 in April 2009.

What is the rent for unit 1201?

AED 37,000 a year on the contract signed on 5 April 2022. The previous contract, from April 2021, was AED 36,000; the unit has been rented since February 2018.

How big is unit 1201?

975 sqft (90.6 sqm): a two-bedroom apartment on the 12th floor of a 13-storey tower completed in 2014.

What is unit 1201 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 1201, Mazaya 04

Starts from the last sale price (AED 635K, 7 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 635,000
Deposit, UAE resident (20%)
AED 127,000
Deposit, non-resident (40%)
AED 254,000
Monthly over 25 years at 3.7%
AED 2,598

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