2-bed · 1,030 sqftMazaya 04, Liwan · 13th floor · completed 2014

1302, Mazaya 04

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 20 November 2020
Last soldAED 760K13 April 2009
Current rentAED 50K /yr20 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Mazaya 04

What is 1302 worth today?

Last sold for AED 759,798 in 2009

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20 Nov 2020RentedRenewal
AED 50,000/yr12 months · AED 48 per sqft
20 Nov 2019RentedRenewal
AED 55,000/yr12 months · AED 53 per sqft
20 Nov 2018RentedRenewal
AED 60,000/yr12 months · AED 58 per sqft
20 Nov 2017RentedNew contract
AED 60,000/yr12 months · AED 58 per sqft
1 Aug 2016RentedNew contract
AED 68,000/yr12 months · AED 66 per sqft
13 Apr 2009Sold by developerOff-plan
AED 759,798AED 737 per sqft

Source: Dubai Land Department. Updated 20 November 2020.

Key facts

Type
2-bed apartment
Size
1,030 sqft
Floor
13th of 13
Parking
G-36
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,700 /yr
Last sold
AED 760K · April 2009
Building
Mazaya 04

About 1302, Mazaya 04

1302 is a two-bedroom apartment of 1,030 sqft on the 13th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 13 April 2009 for AED 759,798, or AED 737 per sqft, in line with the AED 740 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 20 November 2020, is AED 50,000 a year: a gross yield of 6.6% on the 2009 price, before the service charge of about AED 5,700 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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, April 2009: AED 759,798 (AED 737 per sqft)

1302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1302, 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, August 2016: AED 68,000 a yearNew contract, November 2017: AED 60,000 a yearRenewal, November 2018: AED 60,000 a yearRenewal, November 2019: AED 55,000 a yearRenewal, November 2020: AED 50,000 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 1302 sits

All 60 2-beds →

1302 last sold in April 2009 at AED 737 per sqft, in line with what two-beds in Mazaya 04 were fetching at the time (AED 740). 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 13th floor

All 216 units in Mazaya 04
Value
13012-bedAED 708K · May 2009
13032-bedAED 540K · Nov 2020
13041-bedAED 391K · Dec 2014
13051-bedAED 391K · Dec 2014
13062-bedAED 530K · Nov 2015
13072-bedAED 575K · Mar 2015
13082-bedAED 366K · Jan 2015
1–7 of 12

1302, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 13 April 2009 for AED 759,798, or AED 737 per sqft.
  • Rented since August 2016 on 5 Ejari contracts, from AED 68,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2009 price is 6.6%, before a service charge of about AED 5,700 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 20 November 2020.

Questions about 1302, Mazaya 04

What did unit 1302 last sell for?

AED 759,798 on 13 April 2009, sold by the developer: AED 737 per sqft for 1,030 sqft. It is the only registered sale of the unit.

What is the rent for unit 1302?

AED 50,000 a year on the contract renewed on 20 November 2020. The previous contract, from November 2019, was AED 55,000; the unit has been rented since August 2016.

How big is unit 1302?

1,030 sqft (95.7 sqm): a two-bedroom apartment on the 13th floor of a 13-storey tower completed in 2014.

What is unit 1302 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 1302, Mazaya 04

Starts from the last sale price (AED 760K, 13 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 759,798
Deposit, UAE resident (20%)
AED 151,960
Deposit, non-resident (40%)
AED 303,919
Monthly over 25 years at 3.7%
AED 3,109

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