2-bed · 1,395 sqftMazaya 04, Liwan · 12th floor · completed 2014

1212, Mazaya 04

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1212 · DLD and Ejari recordsUpdated 5 November 2021
Last soldAED 1.04M8 December 2014
Current rentAED 40K /yr5 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1212, Mazaya 04

What is 1212 worth today?

Last sold for AED 1,036,089 in 2014

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5 Nov 2021RentedNew contract
AED 40,000/yr12 months · AED 29 per sqft
21 Aug 2020RentedRenewal
AED 53,000/yr12 months · AED 38 per sqft
20 Jul 2019RentedRenewal
AED 58,010/yr13 months · AED 41 per sqft
20 Jul 2018RentedNew contract
AED 63,000/yr12 months · AED 45 per sqft
28 Dec 2017RentedNew contract
AED 68,000/yr12 months · AED 49 per sqft
5 Dec 2016RentedRenewal
AED 75,000/yr12 months · AED 54 per sqft
5 Dec 2015RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
8 Dec 2014SoldReady
AED 1,036,089AED 742 per sqft

Source: Dubai Land Department. Updated 5 November 2021.

Key facts

Type
2-bed apartment
Size
1,395 sqft
Floor
12th of 13
Parking
B-14
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,700 /yr
Last sold
AED 1.04M · December 2014
Building
Mazaya 04

About 1212, Mazaya 04

1212 is a two-bedroom apartment of 1,395 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 8 December 2014 for AED 1,036,089, or AED 742 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 5 November 2021, is AED 40,000 a year: a gross yield of 3.9% on the 2014 price, before the service charge of about AED 7,700 a year.

Sales and rents for 1212 over time

Sales
Unit 1212, 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, April 2009: AED 1,036,089 (AED 742 per sqft)Sold, December 2014: AED 1,036,089 (AED 742 per sqft)

1212 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1212, 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, December 2015: AED 80,000 a yearRenewal, December 2016: AED 75,000 a yearNew contract, December 2017: AED 68,000 a yearNew contract, July 2018: AED 63,000 a yearRenewal, July 2019: AED 58,010 a yearRenewal, August 2020: AED 53,000 a yearNew contract, November 2021: AED 40,000 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 1212 sits

All 60 2-beds →

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
12072-bedAED 725K · Feb 2018
1–7 of 12

1212, Mazaya 04 in numbers

  • Sold twice: first on 12 April 2009 for AED 1,036,089, last on 8 December 2014 for AED 1,036,089 (AED 742 per sqft).
  • Rented since December 2015 on 7 Ejari contracts, from AED 80,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 3.9%, before a service charge of about AED 7,700 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 5 November 2021.

Questions about 1212, Mazaya 04

What did unit 1212 last sell for?

AED 1,036,089 on 8 December 2014: AED 742 per sqft for 1,395 sqft. The unit has 2 registered sales; the first was AED 1,036,089 in April 2009.

What is the rent for unit 1212?

AED 40,000 a year on the contract signed on 5 November 2021. The previous contract, from August 2020, was AED 53,000; the unit has been rented since December 2015.

How big is unit 1212?

1,395 sqft (129.6 sqm): a two-bedroom apartment on the 12th floor of a 13-storey tower completed in 2014.

What is unit 1212 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 1212, Mazaya 04

Starts from the last sale price (AED 1.04M, 8 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,036,089
Deposit, UAE resident (20%)
AED 207,218
Deposit, non-resident (40%)
AED 414,436
Monthly over 25 years at 3.7%
AED 4,239

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