2-bed · 1,058 sqftMazaya 12, Liwan · 2nd floor · completed 2014

201, Mazaya 12

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 201 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 769K11 May 2009
Current rentAED 52K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Mazaya 12

What is 201 worth today?

Last sold for AED 769,351 in 2009

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10 May 2024RentedRenewal
AED 52,000/yr12 months · AED 49 per sqft
10 May 2023RentedNew contract
AED 47,000/yr12 months · AED 44 per sqft
15 Oct 2022RentedNew contract
AED 38,000/yr4 months · AED 36 per sqft
15 Oct 2021RentedNew contract
AED 35,000/yr12 months · AED 33 per sqft
26 Sep 2020RentedNew contract
AED 36,000/yr12 months · AED 34 per sqft
25 Aug 2019RentedNew contract
AED 40,000/yr12 months · AED 38 per sqft
8 Jul 2018RentedNew contract
AED 49,600/yr12 months · AED 47 per sqft
4 Jul 2016RentedNew contract
AED 62,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
2-bed apartment
Size
1,058 sqft
Floor
2nd of 6
Parking
B-24
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 10,400 /yr
Last sold
AED 769K · May 2009
Building
Mazaya 12

About 201, Mazaya 12

201 is a two-bedroom apartment of 1,058 sqft on the 2nd floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 11 May 2009 for AED 769,351, or AED 726 per sqft, in line with the AED 734 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 52,000 a year: a gross yield of 6.8% on the 2009 price, before the service charge of about AED 10,400 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in Mazaya 12
600K700K800K20092013201720212025Typical 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, May 2009: AED 769,351 (AED 726 per sqft)

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

Rents
Unit 201, 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, May 2015: AED 63,000 a yearNew contract, July 2016: AED 62,000 a yearNew contract, July 2018: AED 49,600 a yearNew contract, August 2019: AED 40,000 a yearNew contract, September 2020: AED 36,000 a yearNew contract, October 2021: AED 35,000 a yearNew contract, October 2022: AED 38,000 a yearNew contract, May 2023: AED 47,000 a yearRenewal, May 2024: AED 52,000 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 201 sits

All 30 2-beds →

201 last sold in May 2009 at AED 726 per sqft, in line with what two-beds in Mazaya 12 were fetching at the time (AED 734). 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. 201's AED 52,000 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 2nd floor

All 96 units in Mazaya 12
Value
2022-bedAED 730K · Nov 2015
2031-bedAED 572K · Jan 2009
2041-bedAED 286K · Jun 2015
2052-bedAED 590K · Jun 2024
2062-bedAED 530K · Jun 2023
2071-bedAED 178K · Feb 2009
2081-bedAED 178K · Feb 2009
1–7 of 15

201, Mazaya 12 in numbers

  • Sold once: by Al Mazaya Real Estate on 11 May 2009 for AED 769,351, or AED 726 per sqft.
  • Rented since May 2015 on 9 Ejari contracts. The rent fell from AED 63,000 to AED 35,000 in 2021 and recovered to AED 52,000 by May 2024.
  • At AED 52,000 a year the gross yield on the 2009 price is 6.8%, before a service charge of about AED 10,400 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 10 May 2024.

Questions about 201, Mazaya 12

What did unit 201 last sell for?

AED 769,351 on 11 May 2009, sold by the developer: AED 726 per sqft for 1,058 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 52,000 a year on the contract renewed on 10 May 2024. The previous contract, from May 2023, was AED 47,000; the unit has been rented since May 2015.

How big is unit 201?

1,058 sqft (98.3 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 201 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 201, Mazaya 12

Starts from the last sale price (AED 769K, 11 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 769,351
Deposit, UAE resident (20%)
AED 153,870
Deposit, non-resident (40%)
AED 307,740
Monthly over 25 years at 3.7%
AED 3,148

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