1-bed · 836 sqftMazaya 04, Liwan · 6th floor · completed 2014

614, Mazaya 04

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

Unit 614 · DLD and Ejari recordsUpdated 1 January 2018
Last soldAED 670K22 September 2015
Current rentAED 50K /yr1 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, Mazaya 04

What is 614 worth today?

Last sold for AED 670,000 in 2015

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1 Jan 2018RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft
1 Jan 2017RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
5 Oct 2015RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
22 Sep 2015SoldReady
AED 670,000AED 800 per sqft
8 Apr 2009Sold by developerOff-plan
AED 630,211AED 753 per sqft

Source: Dubai Land Department. Updated 1 January 2018.

Key facts

Type
1-bed apartment
Size
836 sqft
Floor
6th of 13
Parking
G-89
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,600 /yr
Last sold
AED 670K · September 2015
Building
Mazaya 04

About 614, Mazaya 04

614 is a one-bedroom apartment of 836 sqft on the 6th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 22 September 2015 for AED 670,000, or AED 800 per sqft, 14% above the AED 704 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 1 January 2018, is AED 50,000 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 4,600 a year.

Sales and rents for 614 over time

Sales
Unit 614, 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, April 2009: AED 630,211 (AED 753 per sqft)Sold, September 2015: AED 670,000 (AED 800 per sqft)

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

Rents
Unit 614, 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, October 2015: AED 60,000 a yearNew contract, January 2017: AED 50,000 a yearRenewal, January 2018: AED 50,000 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 614 sits

All 140 1-beds →

614 last sold in September 2015 at AED 800 per sqft, 14% above what one-beds in Mazaya 04 were fetching at the time (AED 704). 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. 614's AED 50,000 is in the upper 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
6051-bedAED 388K · Mar 2009
6061-bedAED 600K · May 2015
6071-bedAED 392K · Feb 2015
1–7 of 16

614, Mazaya 04 in numbers

  • Sold twice: first on 8 April 2009 for AED 630,211, last on 22 September 2015 for AED 670,000 (AED 800 per sqft).
  • Rented since October 2015 on 3 Ejari contracts, from AED 60,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2015 price is 7.5%, 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 1 January 2018.

Questions about 614, Mazaya 04

What did unit 614 last sell for?

AED 670,000 on 22 September 2015: AED 800 per sqft for 836 sqft. The unit has 2 registered sales; the first was AED 630,211 in April 2009.

What is the rent for unit 614?

AED 50,000 a year on the contract renewed on 1 January 2018. The previous contract, from January 2017, was AED 50,000; the unit has been rented since October 2015.

How big is unit 614?

836 sqft (77.7 sqm): a one-bedroom apartment on the 6th floor of a 13-storey tower completed in 2014.

What is unit 614 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 614, Mazaya 04

Starts from the last sale price (AED 670K, 22 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

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