1-bed · 553 sqftMazaya 04, Liwan · 2nd floor · completed 2014

218, Mazaya 04

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

Unit 218 · DLD and Ejari recordsUpdated 11 September 2021
Last soldAED 426K20 November 2014
Current rentAED 24K /yr11 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 218, Mazaya 04

What is 218 worth today?

Last sold for AED 426,022 in 2014

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11 Sep 2021RentedRenewal
AED 23,987/yr12 months · AED 43 per sqft
11 Sep 2020RentedRenewal
AED 27,000/yr12 months · AED 49 per sqft
11 Sep 2019RentedNew contract
AED 32,000/yr12 months · AED 58 per sqft
1 Feb 2018RentedRenewal
AED 45,000/yr12 months · AED 81 per sqft
20 Jan 2017RentedRenewal
AED 45,027/yr12 months · AED 81 per sqft
20 Jan 2016RentedRenewal
AED 45,000/yr12 months · AED 81 per sqft
20 Jan 2015RentedNew contract
AED 45,000/yr12 months · AED 81 per sqft
20 Nov 2014SoldReady
AED 426,022AED 770 per sqft

Source: Dubai Land Department. Updated 11 September 2021.

Key facts

Type
1-bed apartment
Size
553 sqft
Floor
2nd of 13
Parking
G-74
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,000 /yr
Last sold
AED 426K · November 2014
Building
Mazaya 04

About 218, Mazaya 04

218 is a one-bedroom apartment of 553 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 20 November 2014 for AED 426,022, or AED 770 per sqft, 10% above the AED 702 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 11 September 2021, is AED 23,987 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 3,000 a year.

Sales and rents for 218 over time

Sales
Unit 218, each saleTypical one-bed in Mazaya 04
300K400K500K2009201420192024Typical sale price by year: 2009 AED 412,907; 2013 AED 389,160; 2014 AED 392,326; 2015 AED 390,794; 2016 AED 460,000; 2017 AED 470,000; 2018 AED 380,000; 2019 AED 340,000; 2020 AED 300,000; 2021 AED 277,500; 2022 AED 277,500; 2023 AED 300,000; 2025 AED 335,000; 2026 AED 316,530Sold by developer, February 2009: AED 426,022 (AED 770 per sqft)Sold, November 2014: AED 426,022 (AED 770 per sqft)

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

Rents
Unit 218, each contractTypical one-bed in Mazaya 04
20K40K60K2014201820222026Typical rent by year: 2014 AED 48,000; 2015 AED 48,000; 2016 AED 48,867; 2017 AED 45,514; 2018 AED 40,000; 2019 AED 32,500; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 26,500; 2023 AED 25,000; 2024 AED 35,000; 2025 AED 49,000; 2026 AED 55,000New contract, January 2015: AED 45,000 a yearRenewal, January 2016: AED 45,000 a yearRenewal, January 2017: AED 45,027 a yearRenewal, February 2018: AED 45,000 a yearNew contract, September 2019: AED 32,000 a yearRenewal, September 2020: AED 27,000 a yearRenewal, September 2021: AED 23,987 a year

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

1-beds in Mazaya 04, and where 218 sits

All 140 1-beds →

218 last sold in November 2014 at AED 770 per sqft, 10% above what one-beds in Mazaya 04 were fetching at the time (AED 702). Over the last 12 months one-beds sold for AED 90,000 to 507,360, around AED 569 per sqft, and rent for AED 22,000 to 60,000 a year. 218's AED 23,987 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 2026305,000
24 Aug 2026410,000
13 Aug 2026300,000
19 Jul 2026305,000
18 1-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

218, Mazaya 04 in numbers

  • Sold twice: first on 1 February 2009 for AED 426,022, last on 20 November 2014 for AED 426,022 (AED 770 per sqft).
  • Rented since January 2015 on 7 Ejari contracts, from AED 45,000 to AED 23,987 a year.
  • At AED 23,987 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 3,000 a year (AED 5.49 per sqft).
  • One-beds in Mazaya 04 sold for AED 90,000–507,360 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 11 September 2021.

Questions about 218, Mazaya 04

What did unit 218 last sell for?

AED 426,022 on 20 November 2014: AED 770 per sqft for 553 sqft. The unit has 2 registered sales; the first was AED 426,022 in February 2009.

What is the rent for unit 218?

AED 23,987 a year on the contract renewed on 11 September 2021. The previous contract, from September 2020, was AED 27,000; the unit has been rented since January 2015.

How big is unit 218?

553 sqft (51.4 sqm): a one-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2014.

What is unit 218 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 04 sold for AED 90,000 to 507,360 in the last 12 months, around AED 569 per sqft.

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Mortgage on 218, Mazaya 04

Starts from the last sale price (AED 426K, 20 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 426,022
Deposit, UAE resident (20%)
AED 85,204
Deposit, non-resident (40%)
AED 170,409
Monthly over 25 years at 3.7%
AED 1,743

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