2-bed · 1,330 sqftMazaya 14, Liwan · 1st floor · completed 2016

109, 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.

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Unit 109 · DLD and Ejari recordsUpdated 15 June 2024

Last soldAED 665K15 December 2016

Current rentAED 54K /yr15 June 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 109, Mazaya 14

Today

What is 109 worth today?

Last sold for AED 664,890 in 2016

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15 Jun 2024

15 Jun 2024RentedRenewal

AED 54,000/yr12 months · AED 41 per sqft

15 Jun 2023

15 Jun 2023RentedRenewal

AED 51,000/yr12 months · AED 38 per sqft

15 Jun 2022

15 Jun 2022RentedRenewal

AED 48,000/yr12 months · AED 36 per sqft

15 Jun 2021

15 Jun 2021RentedNew contract

AED 47,000/yr12 months · AED 35 per sqft

1 Dec 2019

1 Dec 2019RentedNew contract

AED 55,000/yr12 months · AED 41 per sqft

10 Dec 2018

10 Dec 2018RentedRenewal

AED 70,000/yr12 months · AED 53 per sqft

10 Dec 2017

10 Dec 2017RentedRenewal

AED 75,000/yr12 months · AED 56 per sqft

15 Dec 2016

15 Dec 2016Sold by developerOff-plan

AED 664,890AED 500 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type: 2-bed apartment
Size: 1,330 sqft
Floor: 1st of 11
Parking: G-115
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 109, Mazaya 14

109 is a two-bedroom apartment of 1,330 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 664,890, 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 8 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 54,000 a year: a gross yield of 8.1% on the 2016 price, before the service charge of about AED 18,100 a year.

Sales and rents for 109 over time

Rents

Unit 109, each contractTypical two-bed in Mazaya 14

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 109 sits

All 22 2-beds →

109 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). 109's AED 54,000 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
15 Jan 201715 January 2017	1,327 sqft	664,945	500
22 Dec 201622 December 2016	1,327 sqft	664,945	500
22 Dec 201622 December 2016	1,281 sqft	641,640	500
22 Dec 201622 December 2016	1,328 sqft	665,055	500

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


101	1-bed	899 sqft	AED 450KAED 449,505 · Dec 2016December 2016	58,000 /yr
102	1-bed	1,029 sqft	AED 515KAED 514,625 · Dec 2016December 2016	47,000 /yr
103	1-bed	803 sqft	AED 401KAED 401,445 · Dec 2016December 2016	41,250 /yr
104	1-bed	960 sqft	AED 480KAED 480,180 · Dec 2016December 2016	47,000 /yr
105	1-bed	842 sqft	AED 421KAED 420,870 · Dec 2016December 2016	38,500 /yr
106	1-bed	858 sqft	AED 429KAED 428,890 · Dec 2016December 2016
107	Studio	518 sqft	AED 259KAED 259,145 · Dec 2016December 2016	42,000 /yr
108	2-bed	1,283 sqft	AED 642KAED 641,590 · Dec 2016December 2016	53,500 /yr
110	Studio	623 sqft	AED 311KAED 311,455 · Dec 2016December 2016	43,000 /yr
111	1-bed	898 sqft	AED 449KAED 448,860 · Dec 2016December 2016	34,650 /yr

1–7 of 10

109, 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 664,890, or AED 500 per sqft.
Rented since December 2016 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 47,000 in 2021 and recovered to AED 54,000 by June 2024.
At AED 54,000 a year the gross yield on the 2016 price is 8.1%, before a service charge of about AED 18,100 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 15 June 2024.

Questions about 109, Mazaya 14

What did unit 109 last sell for?

AED 664,890 on 15 December 2016, sold by the developer: AED 500 per sqft for 1,330 sqft. It is the only registered sale of the unit.

What is the rent for unit 109?

AED 54,000 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 51,000; the unit has been rented since December 2016.

How big is unit 109?

1,330 sqft (123.6 sqm): a two-bedroom apartment on the 1st floor of a 11-storey tower completed in 2016.

What is unit 109 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 109, 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 664,890
Deposit, UAE resident (20%): AED 132,978
Deposit, non-resident (40%): AED 265,956
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 →