3-bed · 288 sqftMazaya 04, Liwan · 2nd floor · completed 2014

215, Mazaya 04

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

Unit 215 · DLD and Ejari recordsUpdated 20 August 2021
Last soldAED 605K3 September 2015
Current rentAED 62K /yr20 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Mazaya 04

What is 215 worth today?

Last sold for AED 604,983 in 2015

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20 Aug 2021RentedRenewal
AED 62,000/yr12 months · AED 36 per sqft
20 Aug 2020RentedRenewal
AED 62,000/yr12 months · AED 36 per sqft
20 Aug 2019RentedNew contract
AED 68,000/yr12 months · AED 39 per sqft
10 Jan 2018RentedNew contract
AED 85,000/yr12 months · AED 49 per sqft
7 Oct 2015RentedNew contract
AED 110,000/yr12 months · AED 63 per sqft
3 Sep 2015Sold by developerReady
AED 604,983AED 349 per sqft

Source: Dubai Land Department. Updated 20 August 2021.

Key facts

Type
3-bed apartment
Size
288 sqft
Floor
2nd of 13
Parking
B-71
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 1,600 /yr
Last sold
AED 605K · September 2015
Building
Mazaya 04

About 215, Mazaya 04

215 is a three-bedroom apartment of 288 sqft on the 2nd floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 3 September 2015 for AED 604,983, or AED 349 per sqft, in line with the AED 357 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 20 August 2021, is AED 62,000 a year: a gross yield of 10.3% on the 2015 price, before the service charge of about AED 1,600 a year.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical three-bed in Mazaya 04
500K1M2009201120132015Typical sale price by year: 2009 AED 1,218,797; 2015 AED 609,399Sold by developer, September 2015: AED 604,983 (AED 349 per sqft)

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

Rents
Unit 215, each contractTypical three-bed in Mazaya 04
50K100K2015201720192021Typical rent by year: 2015 AED 105,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 79,000; 2019 AED 69,000; 2020 AED 60,000; 2021 AED 52,000New contract, October 2015: AED 110,000 a yearNew contract, January 2018: AED 85,000 a yearNew contract, August 2019: AED 68,000 a yearRenewal, August 2020: AED 62,000 a yearRenewal, August 2021: AED 62,000 a year

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

3-beds in Mazaya 04, and where 215 sits

All 16 3-beds →

215 last sold in September 2015 at AED 349 per sqft, in line with what three-beds in Mazaya 04 were fetching at the time (AED 357). Over the last 12 months three-beds sold for AED 870,000, around AED 514 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Jul 2026870,000
13 May 2022790,000
9 Feb 2022680,000
3 Jan 2021720,000
1 3-bed sale 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 2nd floor

All 216 units in Mazaya 04
Value
2011-bedAED 414K · Dec 2025
2022-bedAED 377K · Jan 2015
2032-bedAED 700K · Sep 2017
2041-bedAED 340K · Apr 2026
2051-bedAED 388K · Apr 2009
2061-bedAED 379K · Dec 2014
2071-bedAED 305K · Sep 2026
1–7 of 18

215, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 3 September 2015 for AED 604,983, or AED 349 per sqft.
  • Rented since October 2015 on 5 Ejari contracts, from AED 110,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2015 price is 10.3%, before a service charge of about AED 1,600 a year (AED 5.49 per sqft).
  • Three-beds in Mazaya 04 sold for AED 870,000–870,000 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 August 2021.

Questions about 215, Mazaya 04

What did unit 215 last sell for?

AED 604,983 on 3 September 2015, sold by the developer: AED 349 per sqft for 288 sqft. It is the only registered sale of the unit.

What is the rent for unit 215?

AED 62,000 a year on the contract renewed on 20 August 2021. The previous contract, from August 2020, was AED 62,000; the unit has been rented since October 2015.

How big is unit 215?

288 sqft (26.8 sqm): a three-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2014.

What is unit 215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 04 sold for AED 870,000 to 870,000 in the last 12 months, around AED 514 per sqft.

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Mortgage on 215, Mazaya 04

Starts from the last sale price (AED 605K, 3 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 604,983
Deposit, UAE resident (20%)
AED 120,997
Deposit, non-resident (40%)
AED 241,993
Monthly over 25 years at 3.7%
AED 2,475

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