3-bed · 1,732 sqftMazaya 04, Liwan · 12th floor · completed 2014

1209, Mazaya 04

Sold prices and rental history: sold twice, last in January 2021, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 1 July 2021
Last soldAED 720K3 January 2021
Current rentAED 52K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Mazaya 04

What is 1209 worth today?

Last sold for AED 720,000 in 2021

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1 Jul 2021RentedRenewal
AED 52,000/yr12 months · AED 30 per sqft
3 Jan 2021SoldReady
AED 720,000AED 415 per sqft
19 Aug 2017RentedNew contract
AED 95,000/yr12 months · AED 55 per sqft
6 Dec 2015Sold by developerReady
AED 614,015AED 354 per sqft
10 Jul 2015RentedNew contract
AED 105,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 July 2021.

Key facts

Type
3-bed apartment
Size
1,732 sqft
Floor
12th of 13
Parking
G-112
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,500 /yr
Last sold
AED 720K · January 2021
Building
Mazaya 04

About 1209, Mazaya 04

1209 is a three-bedroom apartment of 1,732 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 3 January 2021 for AED 720,000, or AED 415 per sqft.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 1 July 2021, is AED 52,000 a year: a gross yield of 7.2% on the 2021 price, before the service charge of about AED 9,500 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical three-bed in Mazaya 04
500K1M2009201320172021Typical sale price by year: 2009 AED 1,218,797; 2015 AED 609,399Sold by developer, December 2015: AED 614,015 (AED 354 per sqft)Sold, January 2021: AED 720,000 (AED 415 per sqft)

1209 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1209, each contractTypical three-bed in Mazaya 04
50K75K100K2015201720192021Typical rent by year: 2015 AED 105,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 79,000; 2019 AED 69,000; 2020 AED 60,000; 2021 AED 52,000New contract, July 2015: AED 105,000 a yearNew contract, August 2017: AED 95,000 a yearRenewal, July 2021: AED 52,000 a year

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

3-beds in Mazaya 04, and where 1209 sits

All 16 3-beds →

Over the last 12 months three-beds sold for AED 870,000, around AED 514 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Jul 2026870,000
13 May 2022790,000
9 Feb 2022680,000
16 Dec 2019900,000
1 3-bed sale 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
12072-bedAED 725K · Feb 2018
1–7 of 12

1209, Mazaya 04 in numbers

  • Sold twice: first on 6 December 2015 for AED 614,015, last on 3 January 2021 for AED 720,000 (AED 415 per sqft).
  • Rented since July 2015 on 3 Ejari contracts, from AED 105,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2021 price is 7.2%, before a service charge of about AED 9,500 a year (AED 5.49 per sqft).
  • Three-beds in Mazaya 04 sold for AED 870,000–870,000 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 July 2021.

Questions about 1209, Mazaya 04

What did unit 1209 last sell for?

AED 720,000 on 3 January 2021: AED 415 per sqft for 1,732 sqft. The unit has 2 registered sales; the first was AED 614,015 in December 2015.

What is the rent for unit 1209?

AED 52,000 a year on the contract renewed on 1 July 2021. The previous contract, from August 2017, was AED 95,000; the unit has been rented since July 2015.

How big is unit 1209?

1,732 sqft (160.9 sqm): a three-bedroom apartment on the 12th floor of a 13-storey tower completed in 2014.

What is unit 1209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 04 sold for AED 870,000 to 870,000 in the last 12 months, around AED 514 per sqft.

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Mortgage on 1209, Mazaya 04

Starts from the last sale price (AED 720K, 3 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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