2-bed · 1,463 sqftMazaya 04, Liwan · 13th floor · completed 2014

1306, Mazaya 04

Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 25 March 2020
Last soldAED 530K29 November 2015
Current rentAED 47K /yr25 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Mazaya 04

What is 1306 worth today?

Last sold for AED 529,590 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Mar 2020RentedNew contract
AED 47,000/yr12 months · AED 32 per sqft
10 Aug 2019RentedRenewal
AED 60,000/yr12 months · AED 41 per sqft
9 Aug 2018RentedNew contract
AED 60,000/yr12 months · AED 41 per sqft
25 May 2017RentedNew contract
AED 75,000/yr12 months · AED 51 per sqft
29 Nov 2015Sold by developerReady
AED 529,590AED 362 per sqft
1 Apr 2015RentedNew contract
AED 82,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 25 March 2020.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
13th of 13
Parking
B-16
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 530K · November 2015
Building
Mazaya 04

About 1306, Mazaya 04

1306 is a two-bedroom apartment of 1,463 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 29 November 2015 for AED 529,590, or AED 362 per sqft, 6% below the AED 386 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 25 March 2020, is AED 47,000 a year: a gross yield of 8.9% on the 2015 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, 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, November 2015: AED 529,590 (AED 362 per sqft)

1306 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1306, 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, April 2015: AED 82,000 a yearNew contract, May 2017: AED 75,000 a yearNew contract, August 2018: AED 60,000 a yearRenewal, August 2019: AED 60,000 a yearNew contract, March 2020: AED 47,000 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 1306 sits

All 60 2-beds →

1306 last sold in November 2015 at AED 362 per sqft, 6% below what two-beds in Mazaya 04 were fetching at the time (AED 386). 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
13022-bedAED 760K · Apr 2009
13032-bedAED 540K · Nov 2020
13041-bedAED 391K · Dec 2014
13051-bedAED 391K · Dec 2014
13072-bedAED 575K · Mar 2015
13082-bedAED 366K · Jan 2015
1–7 of 12

1306, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 29 November 2015 for AED 529,590, or AED 362 per sqft.
  • Rented since April 2015 on 5 Ejari contracts, from AED 82,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2015 price is 8.9%, before a service charge of about AED 8,000 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 25 March 2020.

Questions about 1306, Mazaya 04

What did unit 1306 last sell for?

AED 529,590 on 29 November 2015, sold by the developer: AED 362 per sqft for 1,463 sqft. It is the only registered sale of the unit.

What is the rent for unit 1306?

AED 47,000 a year on the contract signed on 25 March 2020. The previous contract, from August 2019, was AED 60,000; the unit has been rented since April 2015.

How big is unit 1306?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 13th floor of a 13-storey tower completed in 2014.

What is unit 1306 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.

Selling 1306? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1306, Mazaya 04

Starts from the last sale price (AED 530K, 29 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 529,590
Deposit, UAE resident (20%)
AED 105,918
Deposit, non-resident (40%)
AED 211,836
Monthly over 25 years at 3.7%
AED 2,167

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