1-bed · 838 sqftMazaya 09, Liwan · 1st floor · completed 2012

108, Mazaya 09

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

Unit 108 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 618K12 November 2017
Current rentAED 50K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Mazaya 09

What is 108 worth today?

Last sold for AED 618,315 in 2017

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1 Sep 2024RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
1 Nov 2023RentedNew contract
AED 36,000/yr12 months · AED 43 per sqft
1 Nov 2022RentedRenewal
AED 33,000/yr12 months · AED 39 per sqft
1 Nov 2021RentedRenewal
AED 29,000/yr12 months · AED 35 per sqft
1 Nov 2020RentedNew contract
AED 29,000/yr12 months · AED 35 per sqft
16 Oct 2019RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
12 Nov 2017Sold by developerOff-plan
AED 618,315AED 738 per sqft
1 Sep 2017RentedNew contract
AED 53,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
1st of 9
Parking
G-03 0
Developer
Al Mazaya Holding Company
Completed
2012
Service charge
AED 9,300 /yr
Last sold
AED 618K · November 2017
Building
Mazaya 09

About 108, Mazaya 09

108 is a one-bedroom apartment of 838 sqft on the 1st floor of Mazaya 09, a 9-storey tower in Liwan completed in 2012 by Al Mazaya Holding Company. The developer sold it on 12 November 2017 for AED 618,315, or AED 738 per sqft, in line with the AED 759 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 September 2024, is AED 50,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 9,300 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical one-bed in Mazaya 09
400K600K2014201820222026Typical sale price by year: 2014 AED 550,000; 2015 AED 512,422; 2016 AED 536,093; 2017 AED 621,126; 2018 AED 580,459; 2022 AED 350,000; 2023 AED 400,000; 2025 AED 575,000; 2026 AED 560,000Sold by developer, November 2017: AED 618,315 (AED 738 per sqft)

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

Rents
Unit 108, each contractTypical one-bed in Mazaya 09
40K2017202020232026Typical rent by year: 2017 AED 46,000; 2018 AED 45,000; 2019 AED 34,000; 2020 AED 30,000; 2021 AED 27,050; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 39,000; 2025 AED 43,890; 2026 AED 50,000New contract, September 2017: AED 53,000 a yearNew contract, October 2019: AED 34,000 a yearNew contract, November 2020: AED 29,000 a yearRenewal, November 2021: AED 29,000 a yearRenewal, November 2022: AED 33,000 a yearNew contract, November 2023: AED 36,000 a yearNew contract, September 2024: AED 50,000 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 09, and where 108 sits

All 45 1-beds →

108 last sold in November 2017 at AED 738 per sqft, in line with what one-beds in Mazaya 09 were fetching at the time (AED 759). Over the last 12 months one-beds sold for AED 510,000 to 620,000, around AED 744 per sqft, and rent for AED 34,650 to 95,000 a year. 108's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 2026560,000
12 Oct 2026510,000
4 Sep 2026620,000
7 May 2026550,000
6 1-bed sales in the last 12 months

Mazaya 09

Building

72 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2012 by Al Mazaya Holding Company. 8 sold in the last 12 months.

Typical price per sqft
AED 726
Typical sale
AED 585K
Typical rent
AED 50K /yr
Typical yield
8.3%
Mazaya 09, Liwan: prices, sales and rents →

Other units on the 1st floor

All 72 units in Mazaya 09
Value
1012-bedAED 650K · Apr 2024
1021-bedAED 502K · Dec 2014
1031-bedAED 320K · Aug 2022
1042-bedAED 733K · Feb 2019
1051-bedAED 460K · Feb 2023
1061-bedAED 420K · Dec 2022
1073-bedAED 1.04M · Dec 2017

108, Mazaya 09 in numbers

  • Sold once: by Al Mazaya Holding Company on 12 November 2017 for AED 618,315, or AED 738 per sqft.
  • Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 53,000 to AED 29,000 in 2021 and recovered to AED 50,000 by September 2024.
  • At AED 50,000 a year the gross yield on the 2017 price is 8.1%, before a service charge of about AED 9,300 a year (AED 11.06 per sqft).
  • One-beds in Mazaya 09 sold for AED 510,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 726 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 108, Mazaya 09

What did unit 108 last sell for?

AED 618,315 on 12 November 2017, sold by the developer: AED 738 per sqft for 838 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 50,000 a year on the contract signed on 1 September 2024. The previous contract, from November 2023, was AED 36,000; the unit has been rented since September 2017.

How big is unit 108?

838 sqft (77.9 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower completed in 2012.

What is unit 108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 09 sold for AED 510,000 to 620,000 in the last 12 months, around AED 744 per sqft.

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Mortgage on 108, Mazaya 09

Starts from the last sale price (AED 618K, 12 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 618,315
Deposit, UAE resident (20%)
AED 123,663
Deposit, non-resident (40%)
AED 247,326
Monthly over 25 years at 3.7%
AED 2,530

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