2-bed · 1,392 sqftMazaya 04, Liwan · 2nd floor · completed 2014

216, Mazaya 04

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

Unit 216 · DLD and Ejari recordsUpdated 17 February 2022
Last soldAED 541K25 December 2014
Current rentAED 40K /yr17 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Mazaya 04

What is 216 worth today?

Last sold for AED 540,568 in 2014

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17 Feb 2022RentedNew contract
AED 40,000/yr12 months · AED 29 per sqft
18 Feb 2020RentedNew contract
AED 46,000/yr12 months · AED 33 per sqft
12 Dec 2018RentedRenewal
AED 66,000/yr12 months · AED 48 per sqft
12 Dec 2017RentedRenewal
AED 73,000/yr12 months · AED 53 per sqft
12 Dec 2016RentedNew contract
AED 80,000/yr12 months · AED 58 per sqft
12 Dec 2015RentedRenewal
AED 80,000/yr12 months · AED 58 per sqft
25 Dec 2014SoldReady
AED 540,568AED 388 per sqft
12 Dec 2014RentedNew contract
AED 80,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 17 February 2022.

Key facts

Type
2-bed apartment
Size
1,392 sqft
Floor
2nd of 13
Parking
G-114
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,600 /yr
Last sold
AED 541K · December 2014
Building
Mazaya 04

About 216, Mazaya 04

216 is a two-bedroom apartment of 1,392 sqft on the 2nd floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 25 December 2014 for AED 540,568, or AED 388 per sqft, 42% below the AED 674 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 17 February 2022, is AED 40,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 7,600 a year.

Sales and rents for 216 over time

Sales
Unit 216, 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 1,081,136 (AED 776 per sqft)Sold, December 2014: AED 540,568 (AED 388 per sqft)

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

Rents
Unit 216, 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, December 2014: AED 80,000 a yearRenewal, December 2015: AED 80,000 a yearNew contract, December 2016: AED 80,000 a yearRenewal, December 2017: AED 73,000 a yearRenewal, December 2018: AED 66,000 a yearNew contract, February 2020: AED 46,000 a yearNew contract, February 2022: AED 40,000 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 216 sits

All 60 2-beds →

216 last sold in December 2014 at AED 388 per sqft, 42% below what two-beds in Mazaya 04 were fetching at the time (AED 674). 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 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

216, Mazaya 04 in numbers

  • Sold twice: first on 15 April 2009 for AED 1,081,136, last on 25 December 2014 for AED 540,568 (AED 388 per sqft).
  • Rented since December 2014 on 7 Ejari contracts, from AED 80,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 7,600 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 17 February 2022.

Questions about 216, Mazaya 04

What did unit 216 last sell for?

AED 540,568 on 25 December 2014: AED 388 per sqft for 1,392 sqft. The unit has 2 registered sales; the first was AED 1,081,136 in April 2009.

What is the rent for unit 216?

AED 40,000 a year on the contract signed on 17 February 2022. The previous contract, from February 2020, was AED 46,000; the unit has been rented since December 2014.

How big is unit 216?

1,392 sqft (129.3 sqm): a two-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2014.

What is unit 216 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 216, Mazaya 04

Starts from the last sale price (AED 541K, 25 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 540,568
Deposit, UAE resident (20%)
AED 108,114
Deposit, non-resident (40%)
AED 216,227
Monthly over 25 years at 3.7%
AED 2,212

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