1-bed · 842 sqftMazaya 14, Liwan · 6th floor · completed 2016

605, Mazaya 14

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 605

Unit 605 · DLD and Ejari recordsUpdated 1 March 2022

Last soldAED 421K22 December 2016

Current rentAED 37K /yr1 March 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 605

Property timeline for 605, Mazaya 14

Today

What is 605 worth today?

Last sold for AED 421,035 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2022

1 Mar 2022RentedRenewal

AED 37,400/yr60 months · AED 44 per sqft

1 Mar 2021

1 Mar 2021RentedRenewal

AED 31,000/yr12 months · AED 37 per sqft

1 Mar 2019

1 Mar 2019RentedRenewal

AED 44,127/yr12 months · AED 52 per sqft

1 Mar 2018

1 Mar 2018RentedNew contract

AED 50,000/yr12 months · AED 59 per sqft

25 Jan 2017

25 Jan 2017RentedNew contract

AED 54,000/yr12 months · AED 64 per sqft

22 Dec 2016

22 Dec 2016Sold by developerOff-plan

AED 421,035AED 500 per sqft

Source: Dubai Land Department. Updated 1 March 2022.

Key facts

Type: 1-bed apartment
Size: 842 sqft
Floor: 6th of 11
Parking: G-102
Developer: Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed: 2016
Service charge: AED 11,500 /yr
Last sold: AED 421K · December 2016
Building: Mazaya 14

About 605, Mazaya 14

605 is a one-bedroom apartment of 842 sqft on the 6th 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 22 December 2016 for AED 421,035, or AED 500 per sqft, in line with the AED 500 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 March 2022, is AED 37,400 a year: a gross yield of 8.9% on the 2016 price, before the service charge of about AED 11,500 a year.

Sales and rents for 605 over time

Sales

Unit 605, each saleTypical one-bed in Mazaya 14

605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 605, each contractTypical one-bed in Mazaya 14

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mazaya 14, and where 605 sits

All 77 1-beds →

605 last sold in December 2016 at AED 500 per sqft, in line with what one-beds in Mazaya 14 were fetching at the time (AED 500). 605's AED 37,400 is at the bottom of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
17 Jan 201717 January 2017	1,029 sqft	514,735	500
16 Jan 201716 January 2017	898 sqft	449,235	500
15 Jan 201715 January 2017	858 sqft	429,055	500
15 Jan 201715 January 2017	899 sqft	449,665	500

0 1-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 6th floor

All 121 units in Mazaya 14


601	1-bed	899 sqft	AED 450KAED 449,665 · Jan 2017January 2017	57,000 /yr
602	1-bed	1,029 sqft	AED 515KAED 514,735 · Dec 2016December 2016	45,000 /yr
603	1-bed	804 sqft	AED 402KAED 401,765 · Dec 2016December 2016	37,800 /yr
604	1-bed	961 sqft	AED 480KAED 480,345 · Dec 2016December 2016	60,000 /yr
606	1-bed	858 sqft	AED 429KAED 429,055 · Dec 2016December 2016	55,000 /yr
607	Studio	519 sqft	AED 259KAED 259,305 · Dec 2016December 2016	31,000 /yr
608	2-bed	1,281 sqft	AED 642KAED 641,640 · Dec 2016December 2016	58,000 /yr
609	2-bed	1,327 sqft	AED 665KAED 664,945 · Dec 2016December 2016	54,000 /yr
610	Studio	623 sqft	AED 311KAED 311,350 · Dec 2016December 2016
611	1-bed	898 sqft	AED 449KAED 449,235 · Dec 2016December 2016	58,000 /yr

1–7 of 10

605, Mazaya 14 in numbers

Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 22 December 2016 for AED 421,035, or AED 500 per sqft.
Rented since January 2017 on 5 Ejari contracts. The rent fell from AED 54,000 to AED 31,000 in 2021 and recovered to AED 37,400 by March 2022.
At AED 37,400 a year the gross yield on the 2016 price is 8.9%, before a service charge of about AED 11,500 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 1 March 2022.

Questions about 605, Mazaya 14

What did unit 605 last sell for?

AED 421,035 on 22 December 2016, sold by the developer: AED 500 per sqft for 842 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 37,400 a year on the contract renewed on 1 March 2022. The previous contract, from March 2021, was AED 31,000; the unit has been rented since January 2017.

How big is unit 605?

842 sqft (78.2 sqm): a one-bedroom apartment on the 6th floor of a 11-storey tower completed in 2016.

What is unit 605 worth today?

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

Selling 605? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 605, Mazaya 14

Starts from the last sale price (AED 421K, 22 December 2016). Switch to today's estimate once you have unlocked it.

Price: AED 421,035
Deposit, UAE resident (20%): AED 84,207
Deposit, non-resident (40%): AED 168,414
Monthly over 25 years at 3.7%: AED 1,723

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