1-bed · 531 sqftMazaya 04, Liwan · 12th floor · completed 2014

1204, Mazaya 04

Sold prices and rental history: sold 3 times, last in February 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 5 May 2021
Last soldAED 391K19 February 2015
Current rentAED 22K /yr5 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Mazaya 04

What is 1204 worth today?

Last sold for AED 390,800 in 2015

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5 May 2021RentedNew contract
AED 22,000/yr12 months · AED 42 per sqft
1 Nov 2019RentedRenewal
AED 32,000/yr12 months · AED 61 per sqft
1 Nov 2018RentedNew contract
AED 33,000/yr12 months · AED 63 per sqft
25 Sep 2017RentedNew contract
AED 40,000/yr12 months · AED 76 per sqft
19 Feb 2015SoldReady
AED 390,800AED 735 per sqft
25 Jan 2015SoldReady
AED 390,787AED 735 per sqft
12 Apr 2009Sold by developerOff-plan
AED 390,787AED 735 per sqft

Source: Dubai Land Department. Updated 5 May 2021.

Key facts

Type
1-bed apartment
Size
531 sqft
Floor
12th of 13
Parking
G-10
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 2,900 /yr
Last sold
AED 391K · February 2015
Building
Mazaya 04

About 1204, Mazaya 04

1204 is a one-bedroom apartment of 531 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 19 February 2015 for AED 390,800, or AED 735 per sqft, 4% above the AED 704 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 5 May 2021, is AED 22,000 a year: a gross yield of 5.6% on the 2015 price, before the service charge of about AED 2,900 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical one-bed in Mazaya 04
300K400K500K2009201420192024Typical sale price by year: 2009 AED 412,907; 2013 AED 389,160; 2014 AED 392,326; 2015 AED 390,794; 2016 AED 460,000; 2017 AED 470,000; 2018 AED 380,000; 2019 AED 340,000; 2020 AED 300,000; 2021 AED 277,500; 2022 AED 277,500; 2023 AED 300,000; 2025 AED 335,000; 2026 AED 316,530Sold by developer, April 2009: AED 390,787 (AED 735 per sqft)Sold, January 2015: AED 390,787 (AED 735 per sqft)Sold, February 2015: AED 390,800 (AED 735 per sqft)

1204 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in Mazaya 04
20K40K60K2014201820222026Typical rent by year: 2014 AED 48,000; 2015 AED 48,000; 2016 AED 48,867; 2017 AED 45,514; 2018 AED 40,000; 2019 AED 32,500; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 26,500; 2023 AED 25,000; 2024 AED 35,000; 2025 AED 49,000; 2026 AED 55,000New contract, September 2017: AED 40,000 a yearNew contract, November 2018: AED 33,000 a yearRenewal, November 2019: AED 32,000 a yearNew contract, May 2021: AED 22,000 a year

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

1-beds in Mazaya 04, and where 1204 sits

All 140 1-beds →

1204 last sold in February 2015 at AED 735 per sqft, 4% above what one-beds in Mazaya 04 were fetching at the time (AED 704). Over the last 12 months one-beds sold for AED 90,000 to 507,360, around AED 569 per sqft, and rent for AED 22,000 to 60,000 a year. 1204's AED 22,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 2026305,000
24 Aug 2026410,000
13 Aug 2026300,000
19 Jul 2026305,000
18 1-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
12012-bedAED 635K · Dec 2017
12022-bedAED 400K · Mar 2015
12032-bedAED 820K · Mar 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

1204, Mazaya 04 in numbers

  • Sold 3 times: first on 12 April 2009 for AED 390,787, last on 19 February 2015 for AED 390,800 (AED 735 per sqft).
  • Rented since September 2017 on 4 Ejari contracts, from AED 40,000 to AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2015 price is 5.6%, before a service charge of about AED 2,900 a year (AED 5.49 per sqft).
  • One-beds in Mazaya 04 sold for AED 90,000–507,360 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 May 2021.

Questions about 1204, Mazaya 04

What did unit 1204 last sell for?

AED 390,800 on 19 February 2015: AED 735 per sqft for 531 sqft. The unit has 3 registered sales; the first was AED 390,787 in April 2009.

What is the rent for unit 1204?

AED 22,000 a year on the contract signed on 5 May 2021. The previous contract, from November 2019, was AED 32,000; the unit has been rented since September 2017.

How big is unit 1204?

531 sqft (49.3 sqm): a one-bedroom apartment on the 12th floor of a 13-storey tower completed in 2014.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 04 sold for AED 90,000 to 507,360 in the last 12 months, around AED 569 per sqft.

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Mortgage on 1204, Mazaya 04

Starts from the last sale price (AED 391K, 19 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 390,800
Deposit, UAE resident (20%)
AED 78,160
Deposit, non-resident (40%)
AED 156,320
Monthly over 25 years at 3.7%
AED 1,599

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