2-bed · 1,053 sqftMazaya 12, Liwan · 1st floor · completed 2014

109, Mazaya 12

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

Unit 109 · DLD and Ejari recordsUpdated 1 January 2021
Last soldAED 371K29 March 2015
Current rentAED 33K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Mazaya 12

What is 109 worth today?

Last sold for AED 371,404 in 2015

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1 Jan 2021RentedNew contract
AED 33,000/yr12 months · AED 31 per sqft
1 Mar 2020RentedNew contract
AED 40,000/yr12 months · AED 38 per sqft
10 Aug 2018RentedRenewal
AED 56,000/yr12 months · AED 53 per sqft
10 Aug 2017RentedNew contract
AED 58,000/yr12 months · AED 55 per sqft
29 Mar 2015Sold by developerReady
AED 371,404AED 352 per sqft
15 Mar 2015RentedNew contract
AED 72,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 January 2021.

Key facts

Type
2-bed apartment
Size
1,053 sqft
Floor
1st of 6
Parking
B-23
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 10,300 /yr
Last sold
AED 371K · March 2015
Building
Mazaya 12

About 109, Mazaya 12

109 is a two-bedroom apartment of 1,053 sqft on the 1st floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 29 March 2015 for AED 371,404, or AED 352 per sqft, 46% below the AED 654 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 January 2021, is AED 33,000 a year: a gross yield of 8.9% on the 2015 price, before the service charge of about AED 10,300 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical two-bed in Mazaya 12
400K600K800K20092013201720212025Typical sale price by year: 2009 AED 777,695; 2014 AED 742,552; 2015 AED 729,990; 2016 AED 767,500; 2019 AED 600,000; 2024 AED 599,380Sold by developer, March 2015: AED 371,404 (AED 352 per sqft)

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

Rents
Unit 109, each contractTypical two-bed in Mazaya 12
40K60K20152018202120242027Typical rent by year: 2015 AED 72,000; 2016 AED 71,000; 2017 AED 66,820; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 35,500; 2022 AED 38,500; 2023 AED 48,070; 2024 AED 55,500; 2025 AED 58,000; 2026 AED 63,000New contract, March 2015: AED 72,000 a yearNew contract, August 2017: AED 58,000 a yearRenewal, August 2018: AED 56,000 a yearNew contract, March 2020: AED 40,000 a yearNew contract, January 2021: AED 33,000 a year

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

2-beds in Mazaya 12, and where 109 sits

All 30 2-beds →

109 last sold in March 2015 at AED 352 per sqft, 46% below what two-beds in Mazaya 12 were fetching at the time (AED 654). Over the last 12 months two-beds sold for AED 800,000, around AED 755 per sqft, and rent for AED 55,650 to 80,000 a year. 109's AED 33,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 2026800,000
22 Nov 2024680,000
8 Nov 2024775,000
9 Sep 2024593,760
1 2-bed sale in the last 12 months

Mazaya 12

Building

96 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 712
Typical sale
AED 700K
Typical rent
AED 50K /yr
Typical yield
8.6%
Mazaya 12, Liwan: prices, sales and rents →

Other units on the 1st floor

All 96 units in Mazaya 12
Value
1012-bedAED 790K · Feb 2016
1022-bedAED 792K · Dec 2014
1031-bedAED 285K · Dec 2021
1041-bedAED 281K · Jun 2015
1052-bedAED 518K · Jul 2022
1062-bedAED 757K · Jan 2009
1071-bedAED 400K · Apr 2025
1–7 of 15

109, Mazaya 12 in numbers

  • Sold once: by Al Mazaya Real Estate on 29 March 2015 for AED 371,404, or AED 352 per sqft.
  • Rented since March 2015 on 5 Ejari contracts, from AED 72,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2015 price is 8.9%, before a service charge of about AED 10,300 a year (AED 9.78 per sqft).
  • Two-beds in Mazaya 12 sold for AED 800,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 712 per sqft.

Source: Dubai Land Department. Updated 1 January 2021.

Questions about 109, Mazaya 12

What did unit 109 last sell for?

AED 371,404 on 29 March 2015, sold by the developer: AED 352 per sqft for 1,053 sqft. It is the only registered sale of the unit.

What is the rent for unit 109?

AED 33,000 a year on the contract signed on 1 January 2021. The previous contract, from March 2020, was AED 40,000; the unit has been rented since March 2015.

How big is unit 109?

1,053 sqft (97.8 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2014.

What is unit 109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 12 sold for AED 800,000 to 800,000 in the last 12 months, around AED 755 per sqft.

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Mortgage on 109, Mazaya 12

Starts from the last sale price (AED 371K, 29 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 371,404
Deposit, UAE resident (20%)
AED 74,281
Deposit, non-resident (40%)
AED 148,562
Monthly over 25 years at 3.7%
AED 1,520

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