3-bed · 1,565 sqftMazaya 08, Liwan · 2nd floor · completed 2017

207, Mazaya 08

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

Unit 207 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 1.1M21 August 2017
Current rentAED 90K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Mazaya 08

What is 207 worth today?

Last sold for AED 1,100,000 in 2017

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1 Feb 2024RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
20 Oct 2023RentedRenewal
AED 60,000/yr12 months · AED 38 per sqft
20 Oct 2022RentedRenewal
AED 60,000/yr12 months · AED 38 per sqft
20 Oct 2021RentedRenewal
AED 58,000/yr12 months · AED 37 per sqft
20 Oct 2020RentedRenewal
AED 58,000/yr12 months · AED 37 per sqft
20 Oct 2019RentedRenewal
AED 66,000/yr12 months · AED 42 per sqft
20 Sep 2018RentedRenewal
AED 70,615/yr13 months · AED 45 per sqft
20 Sep 2017RentedNew contract
AED 83,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
3-bed apartment
Size
1,565 sqft
Floor
2nd of 9
Parking
G-66
Developer
Al Mazaya Real Estate
Completed
2017
Service charge
AED 13,900 /yr
Last sold
AED 1.1M · August 2017
Building
Mazaya 08

About 207, Mazaya 08

207 is a three-bedroom apartment of 1,565 sqft on the 2nd floor of Mazaya 08, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Real Estate. The developer sold it on 21 August 2017 for AED 1,100,000, or AED 702 per sqft, 8% above the AED 653 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 February 2024, is AED 90,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 13,900 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical three-bed in Mazaya 08
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 1,020,579; 2017 AED 1,027,599; 2020 AED 850,000; 2023 AED 930,000; 2025 AED 1,200,000Sold by developer, August 2017: AED 1,100,000 (AED 702 per sqft)

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

Rents
Unit 207, each contractTypical three-bed in Mazaya 08
60K80K2017202020232026Typical rent by year: 2017 AED 85,000; 2018 AED 76,000; 2019 AED 71,500; 2020 AED 58,000; 2021 AED 60,000; 2022 AED 60,000; 2023 AED 66,000; 2024 AED 90,000; 2025 AED 87,350; 2026 AED 91,500New contract, September 2017: AED 83,000 a yearRenewal, September 2018: AED 70,615 a yearRenewal, October 2019: AED 66,000 a yearRenewal, October 2020: AED 58,000 a yearRenewal, October 2021: AED 58,000 a yearRenewal, October 2022: AED 60,000 a yearRenewal, October 2023: AED 60,000 a yearNew contract, February 2024: AED 90,000 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 08, and where 207 sits

All 18 3-beds →

207 last sold in August 2017 at AED 702 per sqft, 8% above what three-beds in Mazaya 08 were fetching at the time (AED 653). Over the last 12 months three-beds sold for AED 1,250,000, around AED 798 per sqft, and rent for AED 72,000 to 100,000 a year. 207's AED 90,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Nov 20251,250,000
4 Apr 20251,220,000
17 Mar 20251,170,000
21 Jan 20251,180,000
1 3-bed sale in the last 12 months

Mazaya 08

Building

90 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Real Estate. 5 sold in the last 12 months.

Typical price per sqft
AED 798
Typical sale
AED 850K
Typical rent
AED 56K /yr
Typical yield
7.6%
Mazaya 08, Liwan: prices, sales and rents →

Other units on the 2nd floor

All 90 units in Mazaya 08
Value
2012-bedAED 781K · Aug 2017
2022-bedAED 585K · Jan 2024
2032-bedAED 740K · May 2025
2042-bedAED 903K · Nov 2017
2051-bedAED 370K · Sep 2020
2061-bedAED 555K · Oct 2024
2083-bedAED 1.1M · Oct 2017
1–7 of 9

207, Mazaya 08 in numbers

  • Sold once: by Al Mazaya Real Estate on 21 August 2017 for AED 1,100,000, or AED 702 per sqft.
  • Rented since September 2017 on 8 Ejari contracts. The rent fell from AED 83,000 to AED 58,000 in 2021 and recovered to AED 90,000 by February 2024.
  • At AED 90,000 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 13,900 a year (AED 8.86 per sqft).
  • Three-beds in Mazaya 08 sold for AED 1,250,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 798 per sqft.

Source: Dubai Land Department. Updated 1 February 2024.

Questions about 207, Mazaya 08

What did unit 207 last sell for?

AED 1,100,000 on 21 August 2017, sold by the developer: AED 702 per sqft for 1,565 sqft. It is the only registered sale of the unit.

What is the rent for unit 207?

AED 90,000 a year on the contract signed on 1 February 2024. The previous contract, from October 2023, was AED 60,000; the unit has been rented since September 2017.

How big is unit 207?

1,565 sqft (145.4 sqm): a three-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2017.

What is unit 207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 08 sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 798 per sqft.

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Mortgage on 207, Mazaya 08

Starts from the last sale price (AED 1.1M, 21 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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