2-bed · 1,283 sqftMazaya 14, Liwan · 1st floor · completed 2016

108, Mazaya 14

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 642K15 December 2016
Current rentAED 54K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Mazaya 14

What is 108 worth today?

Last sold for AED 641,590 in 2016

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15 May 2024RentedNew contract
AED 53,500/yr12 months · AED 42 per sqft
15 May 2021RentedNew contract
AED 47,000/yr12 months · AED 37 per sqft
10 May 2020RentedNew contract
AED 52,000/yr12 months · AED 41 per sqft
10 May 2018RentedNew contract
AED 68,000/yr12 months · AED 53 per sqft
15 Dec 2016Sold by developerOff-plan
AED 641,590AED 500 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
2-bed apartment
Size
1,283 sqft
Floor
1st of 11
Parking
G-119
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 17,500 /yr
Last sold
AED 642K · December 2016
Building
Mazaya 14

About 108, Mazaya 14

108 is a two-bedroom apartment of 1,283 sqft on the 1st 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 641,590, 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 2018 on 4 Ejari contracts. The current contract, signed on 15 May 2024, is AED 53,500 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 17,500 a year.

Sales and rents for 108 over time

Rents
Unit 108, each contractTypical two-bed in Mazaya 14
60K2016201920222025Typical 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, May 2018: AED 68,000 a yearNew contract, May 2020: AED 52,000 a yearNew contract, May 2021: AED 47,000 a yearNew contract, May 2024: AED 53,500 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 108 sits

All 22 2-beds →

108 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). 108's AED 53,500 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 48K /yr
Typical yield
Mazaya 14, Liwan: prices, sales and rents →

Other units on the 1st floor

All 121 units in Mazaya 14
Value
1011-bedAED 450K · Dec 2016
1021-bedAED 515K · Dec 2016
1031-bedAED 401K · Dec 2016
1041-bedAED 480K · Dec 2016
1051-bedAED 421K · Dec 2016
1061-bedAED 429K · Dec 2016
107StudioAED 259K · Dec 2016
1–7 of 10

108, 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 641,590, or AED 500 per sqft.
  • Rented since May 2018 on 4 Ejari contracts. The rent fell from AED 68,000 to AED 47,000 in 2021 and recovered to AED 53,500 by May 2024.
  • At AED 53,500 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 17,500 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 15 May 2024.

Questions about 108, Mazaya 14

What did unit 108 last sell for?

AED 641,590 on 15 December 2016, sold by the developer: AED 500 per sqft for 1,283 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 53,500 a year on the contract signed on 15 May 2024. The previous contract, from May 2021, was AED 47,000; the unit has been rented since May 2018.

How big is unit 108?

1,283 sqft (119.2 sqm): a two-bedroom apartment on the 1st floor of a 11-storey tower completed in 2016.

What is unit 108 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 108, Mazaya 14

Starts from the last sale price (AED 642K, 15 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 641,590
Deposit, UAE resident (20%)
AED 128,318
Deposit, non-resident (40%)
AED 256,636
Monthly over 25 years at 3.7%
AED 2,625

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