1-bed · 995 sqftMazaya 12, Liwan · 6th floor · completed 2014

612, Mazaya 12

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 14 May 2024
Last soldAED 400K14 May 2024
Current rentAED 30K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Mazaya 12

What is 612 worth today?

Last sold for AED 400,000 in 2024

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14 May 2024SoldReady
AED 400,000AED 402 per sqft
1 Sep 2023RentedRenewal
AED 30,000/yr12 months · AED 30 per sqft
1 Sep 2022RentedRenewal
AED 28,000/yr12 months · AED 28 per sqft
1 Sep 2021RentedNew contract
AED 28,000/yr12 months · AED 28 per sqft
1 Nov 2020RentedNew contract
AED 28,000/yr12 months · AED 28 per sqft
21 Oct 2015SoldReady
AED 580,000AED 583 per sqft
19 May 2015Sold by developerReady
AED 354,851AED 356 per sqft

Source: Dubai Land Department. Updated 14 May 2024.

Key facts

Type
1-bed apartment
Size
995 sqft
Floor
6th of 6
Parking
B-07
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,700 /yr
Last sold
AED 400K · May 2024
Building
Mazaya 12

About 612, Mazaya 12

612 is a one-bedroom apartment of 995 sqft on the 6th floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 14 May 2024 for AED 400,000, or AED 402 per sqft, 22% below the AED 518 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 30,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 9,700 a year.

Sales and rents for 612 over time

Sales
Unit 612, each saleTypical one-bed in Mazaya 12
400K600K2009201420192024Typical sale price by year: 2009 AED 587,600; 2014 AED 470,000; 2015 AED 450,000; 2016 AED 550,000; 2017 AED 492,087; 2022 AED 295,970; 2023 AED 381,500; 2024 AED 400,000; 2025 AED 467,500Sold by developer, May 2015: AED 354,851 (AED 356 per sqft)Sold, October 2015: AED 580,000 (AED 583 per sqft)Sold, May 2024: AED 400,000 (AED 402 per sqft)

612 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 612, each contractTypical one-bed in Mazaya 12
40K20152018202120242027Typical rent by year: 2015 AED 54,000; 2016 AED 52,000; 2017 AED 49,000; 2018 AED 40,500; 2019 AED 35,000; 2020 AED 28,500; 2021 AED 26,000; 2022 AED 28,000; 2023 AED 32,890; 2024 AED 38,000; 2025 AED 41,250; 2026 AED 45,000New contract, November 2020: AED 28,000 a yearNew contract, September 2021: AED 28,000 a yearRenewal, September 2022: AED 28,000 a yearRenewal, September 2023: AED 30,000 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 12, and where 612 sits

All 60 1-beds →

612 last sold in May 2024 at AED 402 per sqft, 22% below what one-beds in Mazaya 12 were fetching at the time (AED 518). 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. 612's AED 30,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 May 2026515,000
24 Nov 2025600,000
9 Aug 2025600,000
21 Jul 2025500,000
2 1-bed sales 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 6th floor

All 96 units in Mazaya 12
Value
6012-bedAED 800K · Aug 2026
6022-bedAED 792K · Mar 2016
6031-bedAED 595K · Apr 2017
6041-bedAED 485K · Aug 2024
6052-bedAED 594K · Sep 2024
6062-bedAED 780K · Nov 2015
6071-bedAED 410K · May 2015
1–7 of 15

612, Mazaya 12 in numbers

  • Sold 3 times: first on 19 May 2015 for AED 354,851, last on 14 May 2024 for AED 400,000 (AED 402 per sqft).
  • Rented since November 2020 on 4 Ejari contracts, from AED 28,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 9,700 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 14 May 2024.

Questions about 612, Mazaya 12

What did unit 612 last sell for?

AED 400,000 on 14 May 2024: AED 402 per sqft for 995 sqft. The unit has 3 registered sales; the first was AED 354,851 in May 2015.

What is the rent for unit 612?

AED 30,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 28,000; the unit has been rented since November 2020.

How big is unit 612?

995 sqft (92.4 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2014.

What is unit 612 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 612, Mazaya 12

Starts from the last sale price (AED 400K, 14 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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