1-bed · 899 sqftMazaya 14, Liwan · 9th floor · completed 2016

901, Mazaya 14

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

Unit 901 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 450K20 November 2016
Current rentAED 54K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Mazaya 14

What is 901 worth today?

Last sold for AED 449,665 in 2016

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5 Aug 2024RentedNew contract
AED 54,000/yr12 months · AED 60 per sqft
1 Aug 2023RentedNew contract
AED 47,000/yr12 months · AED 52 per sqft
30 Mar 2018RentedRenewal
AED 50,000/yr12 months · AED 56 per sqft
30 Mar 2017RentedNew contract
AED 53,000/yr12 months · AED 59 per sqft
20 Nov 2016Sold by developerOff-plan
AED 449,665AED 500 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
1-bed apartment
Size
899 sqft
Floor
9th of 11
Parking
G-55
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 12,200 /yr
Last sold
AED 450K · November 2016
Building
Mazaya 14

About 901, Mazaya 14

901 is a one-bedroom apartment of 899 sqft on the 9th 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 20 November 2016 for AED 449,665, 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 4 Ejari contracts. The current contract, signed on 5 August 2024, is AED 54,000 a year: a gross yield of 12.0% on the 2016 price, before the service charge of about AED 12,200 a year.

Sales and rents for 901 over time

Sales
Unit 901, each saleTypical one-bed in Mazaya 14
449K449K450K201620172018Typical sale price by year: 2016 AED 449,235; 2017 AED 449,450Sold by developer, November 2016: AED 449,665 (AED 500 per sqft)

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

Rents
Unit 901, 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, March 2017: AED 53,000 a yearRenewal, March 2018: AED 50,000 a yearNew contract, August 2023: AED 47,000 a yearNew contract, August 2024: AED 54,000 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 901 sits

All 77 1-beds →

901 last sold in November 2016 at AED 500 per sqft, in line with what one-beds in Mazaya 14 were fetching at the time (AED 500). 901's AED 54,000 is in the upper 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 9th floor

All 121 units in Mazaya 14
Value
9021-bedAED 515K · Nov 2016
9031-bedAED 402K · Nov 2016
9041-bedAED 480K · Nov 2016
9051-bedAED 421K · Nov 2016
9061-bedAED 429K · Dec 2016
907StudioAED 259K · Dec 2016
9082-bedAED 642K · Dec 2016
1–7 of 10

901, Mazaya 14 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 20 November 2016 for AED 449,665, or AED 500 per sqft.
  • Rented since March 2017 on 4 Ejari contracts. The rent fell from AED 53,000 to AED 47,000 in 2023 and recovered to AED 54,000 by August 2024.
  • At AED 54,000 a year the gross yield on the 2016 price is 12.0%, before a service charge of about AED 12,200 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 5 August 2024.

Questions about 901, Mazaya 14

What did unit 901 last sell for?

AED 449,665 on 20 November 2016, sold by the developer: AED 500 per sqft for 899 sqft. It is the only registered sale of the unit.

What is the rent for unit 901?

AED 54,000 a year on the contract signed on 5 August 2024. The previous contract, from August 2023, was AED 47,000; the unit has been rented since March 2017.

How big is unit 901?

899 sqft (83.5 sqm): a one-bedroom apartment on the 9th floor of a 11-storey tower completed in 2016.

What is unit 901 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 901, Mazaya 14

Starts from the last sale price (AED 450K, 20 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 449,665
Deposit, UAE resident (20%)
AED 89,933
Deposit, non-resident (40%)
AED 179,866
Monthly over 25 years at 3.7%
AED 1,840

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