2-bed · 1,505 sqftMazaya 04, Liwan · 12th floor · completed 2014

1207, Mazaya 04

Sold prices and rental history: sold twice, last in February 2018, and rented once, from April 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 13 February 2018
Last soldAED 725K13 February 2018
Current rentAED 80K /yr20 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Mazaya 04

What is 1207 worth today?

Last sold for AED 725,000 in 2018

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13 Feb 2018SoldReady
AED 725,000AED 481 per sqft
29 Nov 2015Sold by developerReady
AED 546,918AED 363 per sqft
20 Apr 2015RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 13 February 2018.

Key facts

Type
2-bed apartment
Size
1,505 sqft
Floor
12th of 13
Parking
B-24
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,300 /yr
Last sold
AED 725K · February 2018
Building
Mazaya 04

About 1207, Mazaya 04

1207 is a two-bedroom apartment of 1,505 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 13 February 2018 for AED 725,000, or AED 481 per sqft, 24% below the AED 632 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 April 2015. The current contract, signed on 20 April 2015, is AED 80,000 a year: a gross yield of 11.0% on the 2018 price, before the service charge of about AED 8,300 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, 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, November 2015: AED 546,918 (AED 363 per sqft)Sold, February 2018: AED 725,000 (AED 481 per sqft)

1207 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1207, 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, April 2015: AED 80,000 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 1207 sits

All 60 2-beds →

1207 last sold in February 2018 at AED 481 per sqft, 24% below what two-beds in Mazaya 04 were fetching at the time (AED 632). 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
12062-bedAED 557K · Jan 2015
12082-bedAED 450K · Jan 2021
1–7 of 12

1207, Mazaya 04 in numbers

  • Sold twice: first on 29 November 2015 for AED 546,918, last on 13 February 2018 for AED 725,000 (AED 481 per sqft).
  • Rented since April 2015 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2018 price is 11.0%, 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 13 February 2018.

Questions about 1207, Mazaya 04

What did unit 1207 last sell for?

AED 725,000 on 13 February 2018: AED 481 per sqft for 1,505 sqft. The unit has 2 registered sales; the first was AED 546,918 in November 2015.

What is the rent for unit 1207?

AED 80,000 a year on the contract signed on 20 April 2015.

How big is unit 1207?

1,505 sqft (139.8 sqm): a two-bedroom apartment on the 12th floor of a 13-storey tower completed in 2014.

What is unit 1207 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 1207, Mazaya 04

Starts from the last sale price (AED 725K, 13 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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