1-bed · 858 sqftMazaya 14, Liwan · 8th floor · completed 2016

806, 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.

Unit 806 · DLD and Ejari recordsUpdated 23 September 2024
Last soldAED 429K22 December 2016
Current rentAED 49K /yr23 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Mazaya 14

What is 806 worth today?

Last sold for AED 429,055 in 2016

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23 Sep 2024RentedRenewal
AED 49,000/yr12 months · AED 57 per sqft
23 Sep 2023RentedNew contract
AED 47,000/yr12 months · AED 55 per sqft
15 Sep 2022RentedRenewal
AED 35,000/yr12 months · AED 41 per sqft
15 Sep 2021RentedRenewal
AED 32,000/yr12 months · AED 37 per sqft
15 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 37 per sqft
8 Jul 2019RentedNew contract
AED 38,000/yr12 months · AED 44 per sqft
1 Apr 2019RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
25 Dec 2017RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 23 September 2024.

Key facts

Type
1-bed apartment
Size
858 sqft
Floor
8th of 11
Parking
G-17
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 11,700 /yr
Last sold
AED 429K · December 2016
Building
Mazaya 14

About 806, Mazaya 14

806 is a one-bedroom apartment of 858 sqft on the 8th 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 429,055, 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 8 Ejari contracts. The current contract, renewed on 23 September 2024, is AED 49,000 a year: a gross yield of 11.4% on the 2016 price, before the service charge of about AED 11,700 a year.

Sales and rents for 806 over time

Sales
Unit 806, each saleTypical one-bed in Mazaya 14
430K440K450K201620172018Typical sale price by year: 2016 AED 449,235; 2017 AED 449,450Sold by developer, December 2016: AED 429,055 (AED 500 per sqft)

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

Rents
Unit 806, each contractTypical one-bed in Mazaya 14
30K40K50K2016201920222025Typical rent by year: 2016 AED 54,000; 2017 AED 54,000; 2018 AED 50,250; 2019 AED 43,000; 2020 AED 37,000; 2021 AED 32,000; 2022 AED 34,650; 2023 AED 37,250; 2024 AED 42,000; 2025 AED 45,000; 2026 AED 47,000New contract, December 2017: AED 52,000 a yearNew contract, April 2019: AED 40,000 a yearNew contract, July 2019: AED 38,000 a yearNew contract, September 2020: AED 32,000 a yearRenewal, September 2021: AED 32,000 a yearRenewal, September 2022: AED 35,000 a yearNew contract, September 2023: AED 47,000 a yearRenewal, September 2024: AED 49,000 a year

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 806 sits

All 77 1-beds →

806 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). 806's AED 49,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Jan 2017514,735
16 Jan 2017449,235
15 Jan 2017429,055
15 Jan 2017449,665
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 8th floor

All 121 units in Mazaya 14
Value
8011-bedAED 450K · Dec 2016
8021-bedAED 515K · Dec 2016
8031-bedAED 402K · Dec 2016
8041-bedAED 480K · Dec 2016
8051-bedAED 421K · Dec 2016
807StudioAED 259K · Dec 2016
8082-bedAED 642K · Dec 2016
1–7 of 10

806, 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 429,055, or AED 500 per sqft.
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 52,000 to AED 32,000 in 2021 and recovered to AED 49,000 by September 2024.
  • At AED 49,000 a year the gross yield on the 2016 price is 11.4%, before a service charge of about AED 11,700 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 23 September 2024.

Questions about 806, Mazaya 14

What did unit 806 last sell for?

AED 429,055 on 22 December 2016, sold by the developer: AED 500 per sqft for 858 sqft. It is the only registered sale of the unit.

What is the rent for unit 806?

AED 49,000 a year on the contract renewed on 23 September 2024. The previous contract, from September 2023, was AED 47,000; the unit has been rented since December 2017.

How big is unit 806?

858 sqft (79.7 sqm): a one-bedroom apartment on the 8th floor of a 11-storey tower completed in 2016.

What is unit 806 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 806, Mazaya 14

Starts from the last sale price (AED 429K, 22 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 429,055
Deposit, UAE resident (20%)
AED 85,811
Deposit, non-resident (40%)
AED 171,622
Monthly over 25 years at 3.7%
AED 1,755

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