216, Mazaya 12
Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 216, Mazaya 12
What is 216 worth today?
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Source: Dubai Land Department. Updated 8 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 558 sqft
- Floor
- 2nd of 6
- Parking
- G-13
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 5,500 /yr
- Last sold
- AED 178K · February 2009
- Building
- Mazaya 12
About 216, Mazaya 12
216 is a one-bedroom apartment of 558 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 1 February 2009 for AED 178,317, or AED 319 per sqft, 53% below the AED 683 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 8 August 2024, is AED 45,000 a year: a gross yield of 25.2% on the 2009 price, before the service charge of about AED 5,500 a year.
Sales and rents for 216 over time
216 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 12, and where 216 sits
All 60 1-beds →216 last sold in February 2009 at AED 319 per sqft, 53% below what one-beds in Mazaya 12 were fetching at the time (AED 683). Over the last 12 months one-beds sold for AED 515,000 to 600,000, around AED 636 per sqft, and rent for AED 24,000 to 68,000 a year. 216's AED 45,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 May 20265 May 2026 | 771 sqft | 515,000 | 668 | ||
| 24 Nov 202524 November 2025 | 995 sqft | 600,000 | 603 | ||
| 9 Aug 20259 August 2025 | 570 sqft | 600,000 | 1,052 | ||
| 21 Jul 202521 July 2025 | 771 sqft | 500,000 | 648 |
Mazaya 12
Building96 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%
Other units on the 2nd floor
All 96 units in Mazaya 12| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,058 sqft | AED 769KAED 769,351 · May 2009May 2009 | 52,000 /yr | |
| 202 | 2-bed | 1,217 sqft | AED 730KAED 729,990 · Nov 2015November 2015 | 67,000 /yr | |
| 203 | 1-bed | 771 sqft | AED 572KAED 571,502 · Jan 2009January 2009 | 38,000 /yr | |
| 204 | 1-bed | 781 sqft | AED 286KAED 285,751 · Jun 2015June 2015 | ||
| 205 | 2-bed | 1,218 sqft | AED 590KAED 590,000 · Jun 2024June 2024 | 80,000 /yr | |
| 206 | 2-bed | 1,052 sqft | AED 530KAED 530,000 · Jun 2023June 2023 | 62,500 /yr | |
| 207 | 1-bed | 569 sqft | AED 178KAED 178,317 · Feb 2009February 2009 | 45,000 /yr | |
| 208 | 1-bed | 570 sqft | AED 178KAED 178,317 · Feb 2009February 2009 | 44,000 /yr | |
| 209 | 2-bed | 1,053 sqft | AED 385KAED 385,000 · Mar 2016March 2016 | 42,000 /yr | |
| 210 | 1-bed | 771 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | 36,000 /yr | |
| 211 | 1-bed | 946 sqft | AED 618KAED 617,756 · Dec 2014December 2014 | 45,000 /yr | |
| 212 | 1-bed | 995 sqft | AED 697KAED 697,000 · Jun 2015June 2015 | 60,000 /yr | |
| 213 | 1-bed | 945 sqft | AED 420KAED 420,000 · Jul 2019July 2019 | 36,000 /yr | |
| 214 | 1-bed | 771 sqft | AED 355KAED 355,000 · May 2023May 2023 | 26,500 /yr | |
| 215 | 3-bed | 1,610 sqft | AED 750KAED 750,000 · Jun 2022June 2022 | 63,000 /yr |
216, Mazaya 12 in numbers
- Sold once: by Al Mazaya Real Estate on 1 February 2009 for AED 178,317, or AED 319 per sqft.
- Rented since May 2015 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 33,000 in 2023 and recovered to AED 45,000 by August 2024.
- At AED 45,000 a year the gross yield on the 2009 price is 25.2%, before a service charge of about AED 5,500 a year (AED 9.78 per sqft).
- One-beds in Mazaya 12 sold for AED 515,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 712 per sqft.
Source: Dubai Land Department. Updated 8 August 2024.
Questions about 216, Mazaya 12
What did unit 216 last sell for?
AED 178,317 on 1 February 2009, sold by the developer: AED 319 per sqft for 558 sqft. It is the only registered sale of the unit.
What is the rent for unit 216?
AED 45,000 a year on the contract signed on 8 August 2024. The previous contract, from June 2023, was AED 33,000; the unit has been rented since May 2015.
How big is unit 216?
558 sqft (51.8 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2014.
What is unit 216 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 12 sold for AED 515,000 to 600,000 in the last 12 months, around AED 636 per sqft.
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Mortgage on 216, Mazaya 12
Starts from the last sale price (AED 178K, 1 February 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 178,317
- Deposit, UAE resident (20%)
- AED 35,663
- Deposit, non-resident (40%)
- AED 71,327
- Monthly over 25 years at 3.7%
- AED 730
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →