2-bed · 1,394 sqftMazaya 04, Liwan · 8th floor · completed 2014

816, Mazaya 04

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 816 · DLD and Ejari recordsUpdated 1 March 2020
Last soldAED 1.09M14 April 2009
Current rentAED 48K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 816, Mazaya 04

What is 816 worth today?

Last sold for AED 1,088,644 in 2009

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1 Mar 2020RentedNew contract
AED 48,000/yr12 months · AED 34 per sqft
1 Feb 2019RentedNew contract
AED 56,000/yr12 months · AED 40 per sqft
1 Nov 2017RentedNew contract
AED 63,000/yr12 months · AED 45 per sqft
5 Dec 2015RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
5 Dec 2014RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
14 Apr 2009Sold by developerOff-plan
AED 1,088,644AED 780 per sqft

Source: Dubai Land Department. Updated 1 March 2020.

Key facts

Type
2-bed apartment
Size
1,394 sqft
Floor
8th of 13
Parking
B-67
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,700 /yr
Last sold
AED 1.09M · April 2009
Building
Mazaya 04

About 816, Mazaya 04

816 is a two-bedroom apartment of 1,394 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 14 April 2009 for AED 1,088,644, or AED 780 per sqft, 5% above the AED 740 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 March 2020, is AED 48,000 a year: a gross yield of 4.4% on the 2009 price, before the service charge of about AED 7,700 a year.

Sales and rents for 816 over time

Sales
Unit 816, each saleTypical two-bed in Mazaya 04
500K1M2009201420192024Typical 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, April 2009: AED 1,088,644 (AED 780 per sqft)

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

Rents
Unit 816, 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, December 2014: AED 80,000 a yearNew contract, December 2015: AED 80,000 a yearNew contract, November 2017: AED 63,000 a yearNew contract, February 2019: AED 56,000 a yearNew contract, March 2020: AED 48,000 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 816 sits

All 60 2-beds →

816 last sold in April 2009 at AED 780 per sqft, 5% above what two-beds in Mazaya 04 were fetching at the time (AED 740). 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 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

816, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 14 April 2009 for AED 1,088,644, or AED 780 per sqft.
  • Rented since December 2014 on 5 Ejari contracts, from AED 80,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2009 price is 4.4%, before a service charge of about AED 7,700 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 1 March 2020.

Questions about 816, Mazaya 04

What did unit 816 last sell for?

AED 1,088,644 on 14 April 2009, sold by the developer: AED 780 per sqft for 1,394 sqft. It is the only registered sale of the unit.

What is the rent for unit 816?

AED 48,000 a year on the contract signed on 1 March 2020. The previous contract, from February 2019, was AED 56,000; the unit has been rented since December 2014.

How big is unit 816?

1,394 sqft (129.5 sqm): a two-bedroom apartment on the 8th floor of a 13-storey tower completed in 2014.

What is unit 816 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.

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Mortgage on 816, Mazaya 04

Starts from the last sale price (AED 1.09M, 14 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,088,644
Deposit, UAE resident (20%)
AED 217,729
Deposit, non-resident (40%)
AED 435,458
Monthly over 25 years at 3.7%
AED 4,454

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