1-bed · 890 sqftMazaya 04, Liwan · 6th floor · completed 2014

617, Mazaya 04

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 2 December 2021
Last soldAED 640K10 May 2009
Current rentAED 27K /yr2 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Mazaya 04

What is 617 worth today?

Last sold for AED 640,006 in 2009

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2 Dec 2021RentedNew contract
AED 27,000/yr12 months · AED 30 per sqft
17 Jun 2020RentedRenewal
AED 30,000/yr12 months · AED 34 per sqft
17 Jun 2019RentedRenewal
AED 39,000/yr12 months · AED 44 per sqft
15 Jun 2018RentedRenewal
AED 44,751/yr12 months · AED 50 per sqft
15 Jun 2017RentedNew contract
AED 47,500/yr12 months · AED 53 per sqft
10 May 2009Sold by developerOff-plan
AED 640,006AED 718 per sqft

Source: Dubai Land Department. Updated 2 December 2021.

Key facts

Type
1-bed apartment
Size
890 sqft
Floor
6th of 13
Parking
G-25
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,900 /yr
Last sold
AED 640K · May 2009
Building
Mazaya 04

About 617, Mazaya 04

617 is a one-bedroom apartment of 890 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 10 May 2009 for AED 640,006, or AED 718 per sqft, in line with the AED 713 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 2 December 2021, is AED 27,000 a year: a gross yield of 4.2% on the 2009 price, before the service charge of about AED 4,900 a year.

Sales and rents for 617 over time

Sales
Unit 617, 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, May 2009: AED 640,006 (AED 718 per sqft)

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

Rents
Unit 617, 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, June 2017: AED 47,500 a yearRenewal, June 2018: AED 44,751 a yearRenewal, June 2019: AED 39,000 a yearRenewal, June 2020: AED 30,000 a yearNew contract, December 2021: AED 27,000 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 617 sits

All 140 1-beds →

617 last sold in May 2009 at AED 718 per sqft, in line with what one-beds in Mazaya 04 were fetching at the time (AED 713). 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. 617's AED 27,000 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 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

617, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 10 May 2009 for AED 640,006, or AED 718 per sqft.
  • Rented since June 2017 on 5 Ejari contracts, from AED 47,500 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2009 price is 4.2%, before a service charge of about AED 4,900 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 2 December 2021.

Questions about 617, Mazaya 04

What did unit 617 last sell for?

AED 640,006 on 10 May 2009, sold by the developer: AED 718 per sqft for 890 sqft. It is the only registered sale of the unit.

What is the rent for unit 617?

AED 27,000 a year on the contract signed on 2 December 2021. The previous contract, from June 2020, was AED 30,000; the unit has been rented since June 2017.

How big is unit 617?

890 sqft (82.7 sqm): a one-bedroom apartment on the 6th floor of a 13-storey tower completed in 2014.

What is unit 617 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 617, Mazaya 04

Starts from the last sale price (AED 640K, 10 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 640,006
Deposit, UAE resident (20%)
AED 128,001
Deposit, non-resident (40%)
AED 256,002
Monthly over 25 years at 3.7%
AED 2,618

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