2-bed · 1,327 sqftMazaya 14, Liwan · 6th floor · completed 2016

609, 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.

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Unit 609 · DLD and Ejari recordsUpdated 16 April 2024

Last soldAED 665K22 December 2016

Current rentAED 54K /yr16 April 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 609, Mazaya 14

Today

What is 609 worth today?

Last sold for AED 664,945 in 2016

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16 Apr 2024

16 Apr 2024RentedNew contract

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

16 Apr 2022

16 Apr 2022RentedNew contract

AED 50,000/yr12 months · AED 38 per sqft

5 Apr 2019

5 Apr 2019RentedNew contract

AED 61,000/yr12 months · AED 46 per sqft

1 Jan 2018

1 Jan 2018RentedRenewal

AED 72,000/yr12 months · AED 54 per sqft

1 Jan 2017

1 Jan 2017RentedNew contract

AED 72,000/yr12 months · AED 54 per sqft

22 Dec 2016

22 Dec 2016Sold by developerOff-plan

AED 664,945AED 500 per sqft

Source: Dubai Land Department. Updated 16 April 2024.

Key facts

Type: 2-bed apartment
Size: 1,327 sqft
Floor: 6th of 11
Parking: G-96
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 609, Mazaya 14

609 is a two-bedroom apartment of 1,327 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 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 2017 on 5 Ejari contracts. The current contract, signed on 16 April 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 609 over time

Rents

Unit 609, 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 609 sits

All 22 2-beds →

609 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). 609'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 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
605	1-bed	842 sqft	AED 421KAED 421,035 · Dec 2016December 2016	37,400 /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
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

609, 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 664,945, or AED 500 per sqft.
Rented since January 2017 on 5 Ejari contracts, from AED 72,000 to AED 54,000 a year.
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 16 April 2024.

Questions about 609, Mazaya 14

What did unit 609 last sell for?

AED 664,945 on 22 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 609?

AED 54,000 a year on the contract signed on 16 April 2024. The previous contract, from April 2022, was AED 50,000; the unit has been rented since January 2017.

How big is unit 609?

1,327 sqft (123.3 sqm): a two-bedroom apartment on the 6th floor of a 11-storey tower completed in 2016.

What is unit 609 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 609, Mazaya 14

Starts from the last sale price (AED 665K, 22 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 →