3-bed · 1,692 sqftMazaya 04, Liwan · 12th floor · completed 2014

1211, Mazaya 04

Sold prices and rental history: sold 3 times, last in July 2018, and rented once, from December 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1211 · DLD and Ejari recordsUpdated 15 July 2018
Last soldAED 860K15 July 2018
Current rentAED 105K /yr25 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1211, Mazaya 04

What is 1211 worth today?

Last sold for AED 860,000 in 2018

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15 Jul 2018SoldReady
AED 860,000AED 508 per sqft
25 Dec 2015RentedNew contract
AED 105,000/yr12 months · AED 62 per sqft
8 Jan 2015SoldReady
AED 609,399AED 360 per sqft
12 Apr 2009Sold by developerOff-plan
AED 1,218,797AED 720 per sqft

Source: Dubai Land Department. Updated 15 July 2018.

Key facts

Type
3-bed apartment
Size
1,692 sqft
Floor
12th of 13
Parking
B-69
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,300 /yr
Last sold
AED 860K · July 2018
Building
Mazaya 04

About 1211, Mazaya 04

1211 is a three-bedroom apartment of 1,692 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 15 July 2018 for AED 860,000, or AED 508 per sqft.

One Ejari contract is registered, from 25 December 2015. The current contract, signed on 25 December 2015, is AED 105,000 a year: a gross yield of 12.2% on the 2018 price, before the service charge of about AED 9,300 a year.

Sales and rents for 1211 over time

Sales
Unit 1211, each saleTypical three-bed in Mazaya 04
500K1M2009201220152018Typical sale price by year: 2009 AED 1,218,797; 2015 AED 609,399Sold by developer, April 2009: AED 1,218,797 (AED 720 per sqft)Sold, January 2015: AED 609,399 (AED 360 per sqft)Sold, July 2018: AED 860,000 (AED 508 per sqft)

1211 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1211, 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, December 2015: AED 105,000 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 1211 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
3 Jan 2021720,000
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

1211, Mazaya 04 in numbers

  • Sold 3 times: first on 12 April 2009 for AED 1,218,797, last on 15 July 2018 for AED 860,000 (AED 508 per sqft).
  • Rented since December 2015 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 price is 12.2%, before a service charge of about AED 9,300 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 15 July 2018.

Questions about 1211, Mazaya 04

What did unit 1211 last sell for?

AED 860,000 on 15 July 2018: AED 508 per sqft for 1,692 sqft. The unit has 3 registered sales; the first was AED 1,218,797 in April 2009.

What is the rent for unit 1211?

AED 105,000 a year on the contract signed on 25 December 2015.

How big is unit 1211?

1,692 sqft (157.2 sqm): a three-bedroom apartment on the 12th floor of a 13-storey tower completed in 2014.

What is unit 1211 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 1211, Mazaya 04

Starts from the last sale price (AED 860K, 15 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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