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1-bed · 891 sqftMazaya 04, Liwan · 12th floor · completed 2014

1213, Mazaya 04

Sold prices and rental history: sold 3 times, last in September 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1213 · DLD and Ejari recordsUpdated 19 September 2019
Last soldAED 445K19 September 2019
Current rentAED 48K /yr1 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1213, Mazaya 04

What is 1213 worth today?

Last sold for AED 445,000 in 2019

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19 Sep 2019SoldReady
AED 445,000AED 499 per sqft
1 Jan 2019RentedNew contract
AED 48,000/yr12 months · AED 54 per sqft
15 Jul 2015RentedNew contract
AED 44,879/yr12 months · AED 50 per sqft
14 Jul 2015SoldReady
AED 337,500AED 379 per sqft
19 May 2015Sold by developerReady
AED 338,690AED 380 per sqft

Source: Dubai Land Department. Updated 19 September 2019.

Key facts

Type
1-bed apartment
Size
891 sqft
Floor
12th of 13
Parking
G-50
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,900 /yr
Last sold
AED 445K · September 2019
Building
Mazaya 04

About 1213, Mazaya 04

1213 is a one-bedroom apartment of 891 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 19 September 2019 for AED 445,000, or AED 499 per sqft, 21% below the AED 631 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 January 2019, is AED 48,000 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 4,900 a year.

Sales and rents for 1213 over time

Sales
Unit 1213, each saleTypical one-bed in Mazaya 04
300K400K500K2009201420192024Typical sale price by year: 2009 AED 412,907; 2013 AED 389,160; 2014 AED 392,326; 2015 AED 390,794; 2016 AED 460,000; 2017 AED 470,000; 2018 AED 380,000; 2019 AED 340,000; 2020 AED 300,000; 2021 AED 277,500; 2022 AED 277,500; 2023 AED 300,000; 2025 AED 335,000; 2026 AED 316,530Sold by developer, May 2015: AED 338,690 (AED 380 per sqft)Sold, July 2015: AED 337,500 (AED 379 per sqft)Sold, September 2019: AED 445,000 (AED 499 per sqft)

1213 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1213, each contractTypical one-bed in Mazaya 04
20K40K60K2014201820222026Typical rent by year: 2014 AED 48,000; 2015 AED 48,000; 2016 AED 48,867; 2017 AED 45,514; 2018 AED 40,000; 2019 AED 32,500; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 26,500; 2023 AED 25,000; 2024 AED 35,000; 2025 AED 49,000; 2026 AED 55,000New contract, July 2015: AED 44,879 a yearNew contract, January 2019: AED 48,000 a year

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

1-beds in Mazaya 04, and where 1213 sits

All 140 1-beds →

1213 last sold in September 2019 at AED 499 per sqft, 21% below what one-beds in Mazaya 04 were fetching at the time (AED 631). Over the last 12 months one-beds sold for AED 90,000 to 507,360, around AED 569 per sqft, and rent for AED 22,000 to 60,000 a year. 1213's AED 48,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 2026305,000
24 Aug 2026410,000
13 Aug 2026300,000
19 Jul 2026305,000
18 1-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

1213, Mazaya 04 in numbers

  • Sold 3 times: first on 19 May 2015 for AED 338,690, last on 19 September 2019 for AED 445,000 (AED 499 per sqft).
  • Rented since July 2015 on 2 Ejari contracts, from AED 44,879 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2019 price is 10.8%, before a service charge of about AED 4,900 a year (AED 5.49 per sqft).
  • One-beds in Mazaya 04 sold for AED 90,000–507,360 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 19 September 2019.

Questions about 1213, Mazaya 04

What did unit 1213 last sell for?

AED 445,000 on 19 September 2019: AED 499 per sqft for 891 sqft. The unit has 3 registered sales; the first was AED 338,690 in May 2015.

What is the rent for unit 1213?

AED 48,000 a year on the contract signed on 1 January 2019. The previous contract, from July 2015, was AED 44,879.

How big is unit 1213?

891 sqft (82.8 sqm): a one-bedroom apartment on the 12th floor of a 13-storey tower completed in 2014.

What is unit 1213 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 04 sold for AED 90,000 to 507,360 in the last 12 months, around AED 569 per sqft.

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Mortgage on 1213, Mazaya 04

Starts from the last sale price (AED 445K, 19 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 445,000
Deposit, UAE resident (20%)
AED 89,000
Deposit, non-resident (40%)
AED 178,000
Monthly over 25 years at 3.7%
AED 1,821

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