2-bed · 1,327 sqftMazaya 14, Liwan · 10th floor · completed 2016

1009, Mazaya 14

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 25 January 2024
Last soldAED 665K15 December 2016
Current rentAED 27K /yr25 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Mazaya 14

What is 1009 worth today?

Last sold for AED 664,945 in 2016

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25 Jan 2024RentedNew contract
AED 26,500/yr48 months · AED 20 per sqft
1 Jan 2022RentedRenewal
AED 50,000/yr12 months · AED 38 per sqft
1 Jan 2021RentedRenewal
AED 53,000/yr12 months · AED 40 per sqft
1 Jan 2020RentedRenewal
AED 60,000/yr12 months · AED 45 per sqft
1 Jan 2019RentedRenewal
AED 69,000/yr12 months · AED 52 per sqft
1 Jan 2018RentedNew contract
AED 72,000/yr12 months · AED 54 per sqft
25 Dec 2016RentedNew contract
AED 73,000/yr12 months · AED 55 per sqft
15 Dec 2016Sold by developerOff-plan
AED 664,945AED 500 per sqft

Source: Dubai Land Department. Updated 25 January 2024.

Key facts

Type
2-bed apartment
Size
1,327 sqft
Floor
10th of 11
Parking
G-122
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 18,100 /yr
Last sold
AED 665K · December 2016
Building
Mazaya 14

About 1009, Mazaya 14

1009 is a two-bedroom apartment of 1,327 sqft on the 10th floor of Mazaya 14, a 11-storey tower in Liwan completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 15 December 2016 for AED 664,945, or AED 500 per sqft, in line with the AED 500 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 25 January 2024, is AED 26,500 a year: a gross yield of 4.0% on the 2016 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1009 over time

Rents
Unit 1009, each contractTypical two-bed in Mazaya 14
25K50K75K2016201920222025Typical rent by year: 2016 AED 74,000; 2017 AED 74,000; 2018 AED 70,000; 2019 AED 62,000; 2020 AED 55,000; 2021 AED 48,000; 2022 AED 50,000; 2023 AED 53,500; 2024 AED 56,500; 2025 AED 60,000; 2026 AED 67,000New contract, December 2016: AED 73,000 a yearNew contract, January 2018: AED 72,000 a yearRenewal, January 2019: AED 69,000 a yearRenewal, January 2020: AED 60,000 a yearRenewal, January 2021: AED 53,000 a yearRenewal, January 2022: AED 50,000 a yearNew contract, January 2024: AED 26,500 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 14, and where 1009 sits

All 22 2-beds →

1009 last sold in December 2016 at AED 500 per sqft, in line with what two-beds in Mazaya 14 were fetching at the time (AED 500). 1009's AED 26,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jan 2017664,945
22 Dec 2016664,945
22 Dec 2016641,640
22 Dec 2016665,055
0 2-bed sales in the last 12 months

Mazaya 14

Building

121 apartments, studios to 2-bed over 11 floors in Liwan, completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 49K /yr
Typical yield
Mazaya 14, Liwan: prices, sales and rents →

Other units on the 10th floor

All 121 units in Mazaya 14
Value
10011-bedAED 450K · Dec 2016
10021-bedAED 515K · Dec 2016
10031-bedAED 402K · Dec 2016
10041-bedAED 480K · Dec 2016
10051-bedAED 421K · Dec 2016
10061-bedAED 429K · Dec 2016
1007StudioAED 259K · Dec 2016
1–7 of 10

1009, Mazaya 14 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 15 December 2016 for AED 664,945, or AED 500 per sqft.
  • Rented since December 2016 on 7 Ejari contracts, from AED 73,000 to AED 26,500 a year.
  • At AED 26,500 a year the gross yield on the 2016 price is 4.0%, before a service charge of about AED 18,100 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 25 January 2024.

Questions about 1009, Mazaya 14

What did unit 1009 last sell for?

AED 664,945 on 15 December 2016, sold by the developer: AED 500 per sqft for 1,327 sqft. It is the only registered sale of the unit.

What is the rent for unit 1009?

AED 26,500 a year on the contract signed on 25 January 2024. The previous contract, from January 2022, was AED 50,000; the unit has been rented since December 2016.

How big is unit 1009?

1,327 sqft (123.3 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2016.

What is unit 1009 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1009, Mazaya 14

Starts from the last sale price (AED 665K, 15 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 664,945
Deposit, UAE resident (20%)
AED 132,989
Deposit, non-resident (40%)
AED 265,978
Monthly over 25 years at 3.7%
AED 2,720

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