1-bed · 547 sqftMazaya 04, Liwan · 6th floor · completed 2014

605, Mazaya 04

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 388K30 March 2009
Current rentAED 25K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Mazaya 04

What is 605 worth today?

Last sold for AED 387,935 in 2009

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1 Apr 2022RentedRenewal
AED 24,500/yr12 months · AED 46 per sqft
1 Apr 2021RentedNew contract
AED 23,500/yr12 months · AED 43 per sqft
7 Mar 2020RentedNew contract
AED 29,000/yr12 months · AED 53 per sqft
22 Jan 2016RentedNew contract
AED 50,000/yr12 months · AED 91 per sqft
30 Mar 2009Sold by developerOff-plan
AED 387,935AED 708 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
1-bed apartment
Size
547 sqft
Floor
6th of 13
Parking
G-127
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,000 /yr
Last sold
AED 388K · March 2009
Building
Mazaya 04

About 605, Mazaya 04

605 is a one-bedroom apartment of 547 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 30 March 2009 for AED 387,935, or AED 708 per sqft, in line with the AED 720 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 24,500 a year: a gross yield of 6.3% on the 2009 price, before the service charge of about AED 3,000 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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, March 2009: AED 387,935 (AED 708 per sqft)

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

Rents
Unit 605, 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 2016: AED 50,000 a yearNew contract, March 2020: AED 29,000 a yearNew contract, April 2021: AED 23,500 a yearRenewal, April 2022: AED 24,500 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 605 sits

All 140 1-beds →

605 last sold in March 2009 at AED 708 per sqft, in line with what one-beds in Mazaya 04 were fetching at the time (AED 720). 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. 605's AED 24,500 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 6th floor

All 216 units in Mazaya 04
Value
6011-bedAED 300K · Mar 2023
6022-bedAED 377K · Jun 2015
6032-bedAED 620K · Oct 2026
6041-bedAED 194K · Apr 2019
6061-bedAED 600K · May 2015
6071-bedAED 392K · Feb 2015
6081-bedAED 342K · Jan 2022
1–7 of 16

605, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 30 March 2009 for AED 387,935, or AED 708 per sqft.
  • Rented since January 2016 on 4 Ejari contracts, from AED 50,000 to AED 24,500 a year.
  • At AED 24,500 a year the gross yield on the 2009 price is 6.3%, 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 1 April 2022.

Questions about 605, Mazaya 04

What did unit 605 last sell for?

AED 387,935 on 30 March 2009, sold by the developer: AED 708 per sqft for 547 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 24,500 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 23,500; the unit has been rented since January 2016.

How big is unit 605?

547 sqft (50.8 sqm): a one-bedroom apartment on the 6th floor of a 13-storey tower completed in 2014.

What is unit 605 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 605, Mazaya 04

Starts from the last sale price (AED 388K, 30 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 387,935
Deposit, UAE resident (20%)
AED 77,587
Deposit, non-resident (40%)
AED 155,174
Monthly over 25 years at 3.7%
AED 1,587

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