3-bed · 1,692 sqftMazaya 04, Liwan · 8th floor · completed 2014

815, Mazaya 04

Sold prices and rental history: sold once, by the developer in April 2009, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 815 · DLD and Ejari recordsUpdated 9 October 2020
Last soldAED 1.22M13 April 2009
Current rentAED 32K /yr9 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 815, Mazaya 04

What is 815 worth today?

Last sold for AED 1,218,797 in 2009

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9 Oct 2020RentedNew contract
AED 31,829/yr12 months · AED 19 per sqft
1 Sep 2015RentedNew contract
AED 100,000/yr12 months · AED 59 per sqft
13 Apr 2009Sold by developerOff-plan
AED 1,218,797AED 720 per sqft

Source: Dubai Land Department. Updated 9 October 2020.

Key facts

Type
3-bed apartment
Size
1,692 sqft
Floor
8th of 13
Parking
B-21
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,300 /yr
Last sold
AED 1.22M · April 2009
Building
Mazaya 04

About 815, Mazaya 04

815 is a three-bedroom apartment of 1,692 sqft on the 8th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 13 April 2009 for AED 1,218,797, or AED 720 per sqft, in line with the AED 720 three-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 9 October 2020, is AED 31,829 a year: a gross yield of 2.6% on the 2009 price, before the service charge of about AED 9,300 a year.

Sales and rents for 815 over time

Sales
Unit 815, each saleTypical three-bed in Mazaya 04
500K1M2009201120132015Typical sale price by year: 2009 AED 1,218,797; 2015 AED 609,399Sold by developer, April 2009: AED 1,218,797 (AED 720 per sqft)

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

Rents
Unit 815, each contractTypical three-bed in Mazaya 04
50K100K2015201720192021Typical rent by year: 2015 AED 105,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 79,000; 2019 AED 69,000; 2020 AED 60,000; 2021 AED 52,000New contract, September 2015: AED 100,000 a yearNew contract, October 2020: AED 31,829 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Mazaya 04, and where 815 sits

All 16 3-beds →

815 last sold in April 2009 at AED 720 per sqft, in line with what three-beds in Mazaya 04 were fetching at the time (AED 720). Over the last 12 months three-beds sold for AED 870,000, around AED 514 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Jul 2026870,000
13 May 2022790,000
9 Feb 2022680,000
3 Jan 2021720,000
1 3-bed sale 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 8th floor

All 216 units in Mazaya 04
Value
8011-bedAED 639K · Apr 2009
8022-bedAED 750K · Nov 2016
8032-bedAED 826K · Apr 2009
8041-bedAED 295K · Mar 2021
8051-bedAED 305K · Jul 2026
8061-bedAED 335K · May 2018
8071-bedAED 335K · Oct 2025
1–7 of 16

815, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 13 April 2009 for AED 1,218,797, or AED 720 per sqft.
  • Rented since September 2015 on 2 Ejari contracts, from AED 100,000 to AED 31,829 a year.
  • At AED 31,829 a year the gross yield on the 2009 price is 2.6%, before a service charge of about AED 9,300 a year (AED 5.49 per sqft).
  • Three-beds in Mazaya 04 sold for AED 870,000–870,000 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 9 October 2020.

Questions about 815, Mazaya 04

What did unit 815 last sell for?

AED 1,218,797 on 13 April 2009, sold by the developer: AED 720 per sqft for 1,692 sqft. It is the only registered sale of the unit.

What is the rent for unit 815?

AED 31,829 a year on the contract signed on 9 October 2020. The previous contract, from September 2015, was AED 100,000.

How big is unit 815?

1,692 sqft (157.2 sqm): a three-bedroom apartment on the 8th floor of a 13-storey tower completed in 2014.

What is unit 815 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 04 sold for AED 870,000 to 870,000 in the last 12 months, around AED 514 per sqft.

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Mortgage on 815, Mazaya 04

Starts from the last sale price (AED 1.22M, 13 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,218,797
Deposit, UAE resident (20%)
AED 243,759
Deposit, non-resident (40%)
AED 487,519
Monthly over 25 years at 3.7%
AED 4,986

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