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1-bed · 913 sqftMazaya 10B, Liwan · 1st floor · completed 2014

118, Mazaya 10B

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 22 August 2023
Last soldAED 641K11 May 2009
Current rentAED 44K /yr22 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118, Mazaya 10B

What is 118 worth today?

Last sold for AED 641,207 in 2009

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22 Aug 2023RentedNew contract
AED 44,000/yr12 months · AED 48 per sqft
1 Jul 2023RentedRenewal
AED 36,500/yr12 months · AED 40 per sqft
1 Jul 2022RentedRenewal
AED 36,500/yr12 months · AED 40 per sqft
1 Jul 2021RentedNew contract
AED 31,000/yr12 months · AED 34 per sqft
27 May 2020RentedRenewal
AED 37,000/yr12 months · AED 40 per sqft
27 May 2019RentedNew contract
AED 41,000/yr12 months · AED 45 per sqft
13 Mar 2015RentedNew contract
AED 59,000/yr12 months · AED 64 per sqft
11 May 2009Sold by developerOff-plan
AED 641,207AED 702 per sqft

Source: Dubai Land Department. Updated 22 August 2023.

Key facts

Type
1-bed apartment
Size
913 sqft
Floor
1st of 5
Parking
G-9
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 641K · May 2009
Building
Mazaya 10B

About 118, Mazaya 10B

118 is a one-bedroom apartment of 913 sqft on the 1st floor of Mazaya 10B, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 11 May 2009 for AED 641,207, or AED 702 per sqft, in line with the AED 709 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 22 August 2023, is AED 44,000 a year: a gross yield of 6.9% on the 2009 price, before the service charge of about AED 8,600 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical one-bed in Mazaya 10B
400K600K2009201420192024Typical sale price by year: 2009 AED 502,991; 2014 AED 501,876; 2015 AED 500,502; 2016 AED 464,841; 2017 AED 552,500; 2022 AED 315,000; 2023 AED 380,000; 2024 AED 490,000; 2025 AED 570,417; 2026 AED 650,000Sold by developer, May 2009: AED 641,207 (AED 702 per sqft)

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

Rents
Unit 118, each contractTypical one-bed in Mazaya 10B
40K60K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 54,500; 2016 AED 53,000; 2017 AED 52,000; 2018 AED 44,000; 2019 AED 36,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 28,750; 2023 AED 33,000; 2024 AED 38,000; 2025 AED 50,000; 2026 AED 48,300New contract, March 2015: AED 59,000 a yearNew contract, May 2019: AED 41,000 a yearRenewal, May 2020: AED 37,000 a yearNew contract, July 2021: AED 31,000 a yearRenewal, July 2022: AED 36,500 a yearRenewal, July 2023: AED 36,500 a yearNew contract, August 2023: AED 44,000 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 10B, and where 118 sits

All 60 1-beds →

118 last sold in May 2009 at AED 702 per sqft, in line with what one-beds in Mazaya 10B were fetching at the time (AED 709). Over the last 12 months one-beds sold for AED 470,000 to 800,000, around AED 879 per sqft, and rent for AED 38,000 to 75,000 a year. 118's AED 44,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Aug 2026650,000
8 May 2026470,000
5 Mar 2026800,000
18 Nov 2025499,000
4 1-bed sales in the last 12 months

Mazaya 10B

Building

115 apartments, 1-bed to 4-bed over 5 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 7 sold in the last 12 months.

Typical price per sqft
AED 864
Typical sale
AED 800K
Typical rent
AED 53K /yr
Typical yield
7.7%
Mazaya 10B, Liwan: prices, sales and rents →

Other units on the 1st floor

All 115 units in Mazaya 10B
Value
1011-bedAED 582K · May 2009
1021-bedAED 620K · Mar 2015
1033-bedAED 1.25M · May 2009
1042-bedAED 1M · Dec 2024
1053-bedAED 825K · Sep 2024
1063-bedAED 750K · Jun 2021
1071-bedAED 496K · Apr 2014
1–7 of 22

118, Mazaya 10B in numbers

  • Sold once: by Al Mazaya Real Estate on 11 May 2009 for AED 641,207, or AED 702 per sqft.
  • Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 59,000 to AED 31,000 in 2021 and recovered to AED 44,000 by August 2023.
  • At AED 44,000 a year the gross yield on the 2009 price is 6.9%, before a service charge of about AED 8,600 a year (AED 9.45 per sqft).
  • One-beds in Mazaya 10B sold for AED 470,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 864 per sqft.

Source: Dubai Land Department. Updated 22 August 2023.

Questions about 118, Mazaya 10B

What did unit 118 last sell for?

AED 641,207 on 11 May 2009, sold by the developer: AED 702 per sqft for 913 sqft. It is the only registered sale of the unit.

What is the rent for unit 118?

AED 44,000 a year on the contract signed on 22 August 2023. The previous contract, from July 2023, was AED 36,500; the unit has been rented since March 2015.

How big is unit 118?

913 sqft (84.8 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2014.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 10B sold for AED 470,000 to 800,000 in the last 12 months, around AED 879 per sqft.

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Mortgage on 118, Mazaya 10B

Starts from the last sale price (AED 641K, 11 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 641,207
Deposit, UAE resident (20%)
AED 128,241
Deposit, non-resident (40%)
AED 256,483
Monthly over 25 years at 3.7%
AED 2,623

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