3-bed · 1,802 sqftMazaya 10A, Liwan · 5th floor · completed 2014

515, Mazaya 10A

Sold prices and rental history: sold twice, last in September 2017, and rented once, from February 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 19 September 2017
Last soldAED 500K19 September 2017
Current rentAED 100K /yr22 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Mazaya 10A

What is 515 worth today?

Last sold for AED 500,000 in 2017

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19 Sep 2017SoldReady
AED 500,000AED 277 per sqft
22 Feb 2016RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
5 May 2009Sold by developerOff-plan
AED 1,264,549AED 701 per sqft

Source: Dubai Land Department. Updated 19 September 2017.

Key facts

Type
3-bed apartment
Size
1,802 sqft
Floor
5th of 6
Parking
G-150,G-151
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 17,000 /yr
Last sold
AED 500K · September 2017
Building
Mazaya 10A

About 515, Mazaya 10A

515 is a three-bedroom apartment of 1,802 sqft on the 5th floor of Mazaya 10A, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 19 September 2017 for AED 500,000, or AED 277 per sqft, 13% below the AED 320 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 February 2016. The current contract, signed on 22 February 2016, is AED 100,000 a year: a gross yield of 20.0% on the 2017 price, before the service charge of about AED 17,000 a year.

Sales and rents for 515 over time

Rents
Unit 515, each contractTypical three-bed in Mazaya 10A
60K80K100K2015201820212024Typical rent by year: 2015 AED 100,000; 2021 AED 60,000; 2022 AED 60,000; 2023 AED 70,000; 2025 AED 75,000New contract, February 2016: AED 100,000 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 10A, and where 515 sits

All 4 3-beds →

515 last sold in September 2017 at AED 277 per sqft, 13% below what three-beds in Mazaya 10A were fetching at the time (AED 320).

Recent 3-bed salesUnit no.Price (AED)Summary
4 Oct 2021700,000
13 Nov 2016490,000
13 Oct 2016850,000
24 Dec 20141,123,358
0 3-bed sales in the last 12 months

Mazaya 10A

Building

115 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 9 sold in the last 12 months.

Typical price per sqft
AED 811
Typical sale
AED 615K
Typical rent
AED 48K /yr
Typical yield
7.4%
Mazaya 10A, Liwan: prices, sales and rents →

Other units on the 5th floor

All 115 units in Mazaya 10A
Value
5011-bedAED 318K · Jan 2021
5021-bedAED 615K · Jul 2026
5031-bedAED 440K · Jul 2013
5041-bedAED 409K · May 2009
5051-bedAED 575K · Mar 2025
5063-bedAED 700K · Oct 2021
5073-bedAED 1.23M · May 2009
1–7 of 19

515, Mazaya 10A in numbers

  • Sold twice: first on 5 May 2009 for AED 1,264,549, last on 19 September 2017 for AED 500,000 (AED 277 per sqft).
  • Rented since February 2016 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2017 price is 20.0%, before a service charge of about AED 17,000 a year (AED 9.45 per sqft).

Source: Dubai Land Department. Updated 19 September 2017.

Questions about 515, Mazaya 10A

What did unit 515 last sell for?

AED 500,000 on 19 September 2017: AED 277 per sqft for 1,802 sqft. The unit has 2 registered sales; the first was AED 1,264,549 in May 2009.

What is the rent for unit 515?

AED 100,000 a year on the contract signed on 22 February 2016.

How big is unit 515?

1,802 sqft (167.4 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.

What is unit 515 worth today?

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

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Mortgage on 515, Mazaya 10A

Starts from the last sale price (AED 500K, 19 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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