3-bed · 1,610 sqftMazaya 12, Liwan · 2nd floor · completed 2014

215, Mazaya 12

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 29 June 2022
Last soldAED 750K29 June 2022
Current rentAED 63K /yr20 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Mazaya 12

What is 215 worth today?

Last sold for AED 750,000 in 2022

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29 Jun 2022SoldReady
AED 750,000AED 465 per sqft
20 Jun 2020RentedRenewal
AED 63,000/yr12 months · AED 39 per sqft
20 Jun 2019RentedNew contract
AED 70,000/yr12 months · AED 43 per sqft
20 Jun 2018RentedRenewal
AED 55,000/yr12 months · AED 34 per sqft
20 Jun 2017RentedRenewal
AED 65,000/yr12 months · AED 40 per sqft
20 Jun 2016RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
20 Mar 2016Sold by developerReady
AED 1,150,900AED 715 per sqft
20 Jun 2015RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 29 June 2022.

Key facts

Type
3-bed apartment
Size
1,610 sqft
Floor
2nd of 6
Parking
G-51
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 15,700 /yr
Last sold
AED 750K · June 2022
Building
Mazaya 12

About 215, Mazaya 12

215 is a three-bedroom apartment of 1,610 sqft on the 2nd floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 29 June 2022 for AED 750,000, or AED 465 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 20 June 2020, is AED 63,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 15,700 a year.

3-beds in Mazaya 12, and where 215 sits

All 6 3-beds →

Over the last 12 months three-beds sold for AED 1,250,000, around AED 776 per sqft, and rent for AED 110,000 to 110,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Jul 20261,250,000
20 Oct 20251,425,000
22 Nov 2022815,000
28 Mar 2018950,000
1 3-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
2012-bedAED 769K · May 2009
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
1–7 of 15

215, Mazaya 12 in numbers

  • Sold twice: first on 20 March 2016 for AED 1,150,900, last on 29 June 2022 for AED 750,000 (AED 465 per sqft).
  • Rented since June 2015 on 6 Ejari contracts. The rent fell from AED 105,000 to AED 55,000 in 2018 and recovered to AED 63,000 by June 2020.
  • At AED 63,000 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 15,700 a year (AED 9.78 per sqft).
  • Three-beds in Mazaya 12 sold for AED 1,250,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 712 per sqft.

Source: Dubai Land Department. Updated 29 June 2022.

Questions about 215, Mazaya 12

What did unit 215 last sell for?

AED 750,000 on 29 June 2022: AED 465 per sqft for 1,610 sqft. The unit has 2 registered sales; the first was AED 1,150,900 in March 2016.

What is the rent for unit 215?

AED 63,000 a year on the contract renewed on 20 June 2020. The previous contract, from June 2019, was AED 70,000; the unit has been rented since June 2015.

How big is unit 215?

1,610 sqft (149.6 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 12 sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 776 per sqft.

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Mortgage on 215, Mazaya 12

Starts from the last sale price (AED 750K, 29 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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