1-bed · 836 sqftMazaya 04, Liwan · 5th floor · completed 2014

514, 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 514 · DLD and Ejari recordsUpdated 18 July 2021
Last soldAED 630K27 November 2014
Current rentAED 29K /yr18 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Mazaya 04

What is 514 worth today?

Last sold for AED 630,211 in 2014

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18 Jul 2021RentedRenewal
AED 29,000/yr12 months · AED 35 per sqft
18 Jul 2020RentedRenewal
AED 29,000/yr12 months · AED 35 per sqft
18 Jul 2019RentedRenewal
AED 29,000/yr12 months · AED 35 per sqft
18 Jul 2018RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft
18 Jul 2017RentedNew contract
AED 45,000/yr12 months · AED 54 per sqft
5 Feb 2016RentedRenewal
AED 52,000/yr12 months · AED 62 per sqft
5 Feb 2015RentedNew contract
AED 52,000/yr12 months · AED 62 per sqft
27 Nov 2014SoldReady
AED 630,211AED 753 per sqft

Source: Dubai Land Department. Updated 18 July 2021.

Key facts

Type
1-bed apartment
Size
836 sqft
Floor
5th of 13
Parking
G-88
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,600 /yr
Last sold
AED 630K · November 2014
Building
Mazaya 04

About 514, Mazaya 04

514 is a one-bedroom apartment of 836 sqft on the 5th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 27 November 2014 for AED 630,211, or AED 753 per sqft, 6% above the AED 709 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 18 July 2021, is AED 29,000 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 4,600 a year.

Sales and rents for 514 over time

Sales
Unit 514, each saleTypical one-bed in Mazaya 04
400K600K2009201420192024Typical 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, March 2009: AED 630,211 (AED 753 per sqft)Sold, November 2014: AED 630,211 (AED 753 per sqft)

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

Rents
Unit 514, 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, February 2015: AED 52,000 a yearRenewal, February 2016: AED 52,000 a yearNew contract, July 2017: AED 45,000 a yearRenewal, July 2018: AED 45,000 a yearRenewal, July 2019: AED 29,000 a yearRenewal, July 2020: AED 29,000 a yearRenewal, July 2021: AED 29,000 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 514 sits

All 140 1-beds →

514 last sold in November 2014 at AED 753 per sqft, 6% above what one-beds in Mazaya 04 were fetching at the time (AED 709). 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. 514's AED 29,000 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 5th floor

All 216 units in Mazaya 04
Value
5011-bedAED 495K · Jul 2018
5022-bedAED 613K · Dec 2014
5032-bedAED 670K · Mar 2018
5041-bedAED 365K · Feb 2015
5051-bedAED 480K · Feb 2017
5061-bedAED 379K · Nov 2015
5071-bedAED 392K · Dec 2014
1–7 of 17

514, Mazaya 04 in numbers

  • Sold twice: first on 25 March 2009 for AED 630,211, last on 27 November 2014 for AED 630,211 (AED 753 per sqft).
  • Rented since February 2015 on 7 Ejari contracts, from AED 52,000 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2014 price is 4.6%, before a service charge of about AED 4,600 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 18 July 2021.

Questions about 514, Mazaya 04

What did unit 514 last sell for?

AED 630,211 on 27 November 2014: AED 753 per sqft for 836 sqft. The unit has 2 registered sales; the first was AED 630,211 in March 2009.

What is the rent for unit 514?

AED 29,000 a year on the contract renewed on 18 July 2021. The previous contract, from July 2020, was AED 29,000; the unit has been rented since February 2015.

How big is unit 514?

836 sqft (77.7 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2014.

What is unit 514 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 514, Mazaya 04

Starts from the last sale price (AED 630K, 27 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 630,211
Deposit, UAE resident (20%)
AED 126,042
Deposit, non-resident (40%)
AED 252,084
Monthly over 25 years at 3.7%
AED 2,578

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