2-bed · 1,505 sqftMazaya 04, Liwan · 13th floor · completed 2014

1307, Mazaya 04

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

Unit 1307 · DLD and Ejari recordsUpdated 10 August 2018
Last soldAED 575K1 March 2015
Current rentAED 63K /yr10 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1307, Mazaya 04

What is 1307 worth today?

Last sold for AED 574,862 in 2015

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10 Aug 2018RentedRenewal
AED 63,000/yr12 months · AED 42 per sqft
10 Aug 2017RentedNew contract
AED 70,000/yr12 months · AED 46 per sqft
10 Jul 2016RentedRenewal
AED 80,000/yr12 months · AED 53 per sqft
10 Jul 2015RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
1 Mar 2015SoldReady
AED 574,862AED 381 per sqft
20 Dec 2014RentedNew contract
AED 83,000/yr12 months · AED 55 per sqft
13 Apr 2009Sold by developerOff-plan
AED 1,149,724AED 763 per sqft

Source: Dubai Land Department. Updated 10 August 2018.

Key facts

Type
2-bed apartment
Size
1,505 sqft
Floor
13th of 13
Parking
B-23
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,300 /yr
Last sold
AED 575K · March 2015
Building
Mazaya 04

About 1307, Mazaya 04

1307 is a two-bedroom apartment of 1,505 sqft on the 13th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 1 March 2015 for AED 574,862, or AED 381 per sqft, in line with the AED 389 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 10 August 2018, is AED 63,000 a year: a gross yield of 11.0% on the 2015 price, before the service charge of about AED 8,300 a year.

Sales and rents for 1307 over time

Sales
Unit 1307, 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 1,149,724 (AED 763 per sqft)Sold, March 2015: AED 574,862 (AED 381 per sqft)

1307 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1307, each contractTypical two-bed in Mazaya 04
50K75K2014201720202023Typical 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 2014: AED 83,000 a yearNew contract, July 2015: AED 80,000 a yearRenewal, July 2016: AED 80,000 a yearNew contract, August 2017: AED 70,000 a yearRenewal, August 2018: AED 63,000 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 1307 sits

All 60 2-beds →

1307 last sold in March 2015 at AED 381 per sqft, in line with what two-beds in Mazaya 04 were fetching at the time (AED 389). 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
13062-bedAED 530K · Nov 2015
13082-bedAED 366K · Jan 2015
1–7 of 12

1307, Mazaya 04 in numbers

  • Sold twice: first on 13 April 2009 for AED 1,149,724, last on 1 March 2015 for AED 574,862 (AED 381 per sqft).
  • Rented since December 2014 on 5 Ejari contracts, from AED 83,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2015 price is 11.0%, before a service charge of about AED 8,300 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 10 August 2018.

Questions about 1307, Mazaya 04

What did unit 1307 last sell for?

AED 574,862 on 1 March 2015: AED 381 per sqft for 1,505 sqft. The unit has 2 registered sales; the first was AED 1,149,724 in April 2009.

What is the rent for unit 1307?

AED 63,000 a year on the contract renewed on 10 August 2018. The previous contract, from August 2017, was AED 70,000; the unit has been rented since December 2014.

How big is unit 1307?

1,505 sqft (139.8 sqm): a two-bedroom apartment on the 13th floor of a 13-storey tower completed in 2014.

What is unit 1307 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 1307, Mazaya 04

Starts from the last sale price (AED 575K, 1 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 574,862
Deposit, UAE resident (20%)
AED 114,972
Deposit, non-resident (40%)
AED 229,945
Monthly over 25 years at 3.7%
AED 2,352

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