Studio · 511 sqftMazaya 05, Liwan · 12th floor · completed 2018

1209, Mazaya 05

Sold prices and rental history: sold once, by the developer in December 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 1 September 2020
Last soldAED 480K16 December 2019
Current rentAED 30K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Mazaya 05

What is 1209 worth today?

Last sold for AED 480,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2020RentedNew contract
AED 30,000/yr14 months · AED 59 per sqft
1 Feb 2020RentedNew contract
AED 30,000/yr13 months · AED 59 per sqft
16 Dec 2019Sold by developerReady
AED 480,000AED 939 per sqft

Source: Dubai Land Department. Updated 1 September 2020.

Key facts

Type
Studio apartment
Size
511 sqft
Floor
12th of 14
Parking
G-131
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2018
Service charge
AED 4,900 /yr
Last sold
AED 480K · December 2019
Building
Mazaya 05

About 1209, Mazaya 05

1209 is a studio of 511 sqft on the 12th floor of Mazaya 05, a 14-storey tower in Liwan completed in 2018 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 16 December 2019 for AED 480,000, or AED 939 per sqft, 8% below the AED 1,018 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 September 2020, is AED 30,000 a year: a gross yield of 6.3% on the 2019 price, before the service charge of about AED 4,900 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical studio in Mazaya 05
300K400K500K20182020202220242026Typical sale price by year: 2018 AED 444,186; 2019 AED 520,278; 2023 AED 300,000; 2025 AED 440,000Sold by developer, December 2019: AED 480,000 (AED 939 per sqft)

1209 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1209, each contractTypical studio in Mazaya 05
20K30K40K2018202120242027Typical rent by year: 2018 AED 34,500; 2019 AED 30,000; 2020 AED 26,500; 2021 AED 22,750; 2022 AED 25,000; 2023 AED 28,394; 2024 AED 30,320; 2025 AED 36,000; 2026 AED 40,250New contract, February 2020: AED 30,000 a yearNew contract, September 2020: AED 30,000 a year

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

Studios in Mazaya 05, and where 1209 sits

All 14 studios →

1209 last sold in December 2019 at AED 939 per sqft, 8% below what studios in Mazaya 05 were fetching at the time (AED 1,018). 1209's AED 30,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2025440,000
22 May 2025400,000
27 Feb 2025475,000
20 Oct 2023300,000
0 studio sales in the last 12 months

Mazaya 05

Building

154 apartments, studios to 2-bed over 14 floors in Liwan, completed in 2018 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . 8 sold in the last 12 months.

Typical price per sqft
AED 842
Typical sale
AED 693K
Typical rent
AED 53K /yr
Typical yield
7.7%
Mazaya 05, Liwan: prices, sales and rents →

Other units on the 12th floor

All 154 units in Mazaya 05
Value
12011-bedAED 760K · Feb 2020
12022-bedAED 620K · Jun 2021
12032-bedAED 1.06M · Dec 2025
12041-bedAED 659K · Jul 2019
12051-bedAED 668K · Jul 2019
12061-bedAED 660K · Jul 2019
12071-bedAED 634K · Jan 2019
1–7 of 10

1209, Mazaya 05 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 16 December 2019 for AED 480,000, or AED 939 per sqft.
  • Rented since February 2020 on 2 Ejari contracts, at AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2019 price is 6.3%, before a service charge of about AED 4,900 a year (AED 9.68 per sqft).

Source: Dubai Land Department. Updated 1 September 2020.

Questions about 1209, Mazaya 05

What did unit 1209 last sell for?

AED 480,000 on 16 December 2019, sold by the developer: AED 939 per sqft for 511 sqft. It is the only registered sale of the unit.

What is the rent for unit 1209?

AED 30,000 a year on the contract signed on 1 September 2020. The previous contract, from February 2020, was AED 30,000.

How big is unit 1209?

511 sqft (47.5 sqm): a studio on the 12th floor of a 14-storey tower completed in 2018.

What is unit 1209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1209? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1209, Mazaya 05

Starts from the last sale price (AED 480K, 16 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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