2-bed · 1,463 sqftMazaya 04, Liwan · 12th floor · completed 2014

1206, Mazaya 04

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

Unit 1206 · DLD and Ejari recordsUpdated 1 June 2019
Last soldAED 557K5 January 2015
Current rentAED 50K /yr1 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Mazaya 04

What is 1206 worth today?

Last sold for AED 556,650 in 2015

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1 Jun 2019RentedNew contract
AED 50,000/yr12 months · AED 34 per sqft
1 Feb 2017RentedRenewal
AED 80,000/yr12 months · AED 55 per sqft
1 Feb 2016RentedNew contract
AED 80,000/yr12 months · AED 55 per sqft
1 Feb 2015RentedNew contract
AED 80,000/yr12 months · AED 55 per sqft
5 Jan 2015SoldReady
AED 556,650AED 380 per sqft
14 May 2009Sold by developerOff-plan
AED 1,113,299AED 761 per sqft

Source: Dubai Land Department. Updated 1 June 2019.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
12th of 13
Parking
B-15
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 557K · January 2015
Building
Mazaya 04

About 1206, Mazaya 04

1206 is a two-bedroom apartment of 1,463 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 5 January 2015 for AED 556,650, or AED 380 per sqft, in line with the AED 384 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 June 2019, is AED 50,000 a year: a gross yield of 9.0% on the 2015 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, May 2009: AED 1,113,299 (AED 761 per sqft)Sold, January 2015: AED 556,650 (AED 380 per sqft)

1206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, 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 2015: AED 80,000 a yearNew contract, February 2016: AED 80,000 a yearRenewal, February 2017: AED 80,000 a yearNew contract, June 2019: 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 1206 sits

All 60 2-beds →

1206 last sold in January 2015 at AED 380 per sqft, in line with what two-beds in Mazaya 04 were fetching at the time (AED 384). 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
12012-bedAED 635K · Dec 2017
12022-bedAED 400K · Mar 2015
12032-bedAED 820K · Mar 2015
12041-bedAED 391K · Feb 2015
12051-bedAED 391K · Dec 2014
12072-bedAED 725K · Feb 2018
12082-bedAED 450K · Jan 2021
1–7 of 12

1206, Mazaya 04 in numbers

  • Sold twice: first on 14 May 2009 for AED 1,113,299, last on 5 January 2015 for AED 556,650 (AED 380 per sqft).
  • Rented since February 2015 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 2015 price is 9.0%, before a service charge of about AED 8,000 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 2019.

Questions about 1206, Mazaya 04

What did unit 1206 last sell for?

AED 556,650 on 5 January 2015: AED 380 per sqft for 1,463 sqft. The unit has 2 registered sales; the first was AED 1,113,299 in May 2009.

What is the rent for unit 1206?

AED 50,000 a year on the contract signed on 1 June 2019. The previous contract, from February 2017, was AED 80,000; the unit has been rented since February 2015.

How big is unit 1206?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 12th floor of a 13-storey tower completed in 2014.

What is unit 1206 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 1206, Mazaya 04

Starts from the last sale price (AED 557K, 5 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 556,650
Deposit, UAE resident (20%)
AED 111,330
Deposit, non-resident (40%)
AED 222,660
Monthly over 25 years at 3.7%
AED 2,277

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