2-bed · 514 sqftMazaya 04, Liwan · 6th floor · completed 2014

602, Mazaya 04

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

Unit 602 · DLD and Ejari recordsUpdated 10 August 2020
Last soldAED 377K16 June 2015
Current rentAED 40K /yr10 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Mazaya 04

What is 602 worth today?

Last sold for AED 377,147 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 39 per sqft
20 Nov 2018RentedNew contract
AED 52,000/yr12 months · AED 50 per sqft
15 Nov 2017RentedNew contract
AED 57,000/yr12 months · AED 55 per sqft
28 Aug 2016RentedRenewal
AED 72,000/yr12 months · AED 70 per sqft
28 Aug 2015RentedNew contract
AED 72,000/yr12 months · AED 70 per sqft
16 Jun 2015Sold by developerReady
AED 377,147AED 366 per sqft

Source: Dubai Land Department. Updated 10 August 2020.

Key facts

Type
2-bed apartment
Size
514 sqft
Floor
6th of 13
Parking
B-30
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 2,800 /yr
Last sold
AED 377K · June 2015
Building
Mazaya 04

About 602, Mazaya 04

602 is a two-bedroom apartment of 514 sqft on the 6th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 16 June 2015 for AED 377,147, or AED 366 per sqft, 6% below the AED 388 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 10 August 2020, is AED 40,000 a year: a gross yield of 10.6% on the 2015 price, before the service charge of about AED 2,800 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Mazaya 04
400K600K800K2009201420192024Typical 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, June 2015: AED 377,147 (AED 366 per sqft)

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

Rents
Unit 602, 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, August 2015: AED 72,000 a yearRenewal, August 2016: AED 72,000 a yearNew contract, November 2017: AED 57,000 a yearNew contract, November 2018: AED 52,000 a yearNew contract, August 2020: 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 602 sits

All 60 2-beds →

602 last sold in June 2015 at AED 366 per sqft, 6% below what two-beds in Mazaya 04 were fetching at the time (AED 388). 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 6th floor

All 216 units in Mazaya 04
Value
6011-bedAED 300K · Mar 2023
6032-bedAED 620K · Oct 2026
6041-bedAED 194K · Apr 2019
6051-bedAED 388K · Mar 2009
6061-bedAED 600K · May 2015
6071-bedAED 392K · Feb 2015
6081-bedAED 342K · Jan 2022
1–7 of 16

602, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 16 June 2015 for AED 377,147, or AED 366 per sqft.
  • Rented since August 2015 on 5 Ejari contracts, from AED 72,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2015 price is 10.6%, before a service charge of about AED 2,800 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 2020.

Questions about 602, Mazaya 04

What did unit 602 last sell for?

AED 377,147 on 16 June 2015, sold by the developer: AED 366 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 40,000 a year on the contract signed on 10 August 2020. The previous contract, from November 2018, was AED 52,000; the unit has been rented since August 2015.

How big is unit 602?

514 sqft (47.8 sqm): a two-bedroom apartment on the 6th floor of a 13-storey tower completed in 2014.

What is unit 602 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.

Selling 602? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 602, Mazaya 04

Starts from the last sale price (AED 377K, 16 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 377,147
Deposit, UAE resident (20%)
AED 75,429
Deposit, non-resident (40%)
AED 150,859
Monthly over 25 years at 3.7%
AED 1,543

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