1-bed · 1,029 sqftMazaya 14, Liwan · 9th floor · completed 2016

902, Mazaya 14

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 515K20 November 2016
Current rentAED 43K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Mazaya 14

What is 902 worth today?

Last sold for AED 514,735 in 2016

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15 Sep 2024RentedNew contract
AED 43,000/yr12 months · AED 42 per sqft
15 Sep 2022RentedRenewal
AED 35,500/yr12 months · AED 34 per sqft
15 Sep 2021RentedRenewal
AED 34,000/yr12 months · AED 33 per sqft
15 Sep 2020RentedNew contract
AED 36,000/yr12 months · AED 35 per sqft
1 Feb 2020RentedNew contract
AED 42,000/yr12 months · AED 41 per sqft
14 Feb 2018RentedNew contract
AED 53,000/yr12 months · AED 51 per sqft
20 Nov 2016Sold by developerOff-plan
AED 514,735AED 500 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
1,029 sqft
Floor
9th of 11
Parking
G-69
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 14,000 /yr
Last sold
AED 515K · November 2016
Building
Mazaya 14

About 902, Mazaya 14

902 is a one-bedroom apartment of 1,029 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 514,735, 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 2018 on 6 Ejari contracts. The current contract, signed on 15 September 2024, is AED 43,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 14,000 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical one-bed in Mazaya 14
450K500K201620172018Typical sale price by year: 2016 AED 449,235; 2017 AED 449,450Sold by developer, November 2016: AED 514,735 (AED 500 per sqft)

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

Rents
Unit 902, 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, February 2018: AED 53,000 a yearNew contract, February 2020: AED 42,000 a yearNew contract, September 2020: AED 36,000 a yearRenewal, September 2021: AED 34,000 a yearRenewal, September 2022: AED 35,500 a yearNew contract, September 2024: AED 43,000 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 902 sits

All 77 1-beds →

902 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). 902's AED 43,000 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 9th floor

All 121 units in Mazaya 14
Value
9011-bedAED 450K · 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

902, 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 514,735, or AED 500 per sqft.
  • Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 53,000 to AED 34,000 in 2021 and recovered to AED 43,000 by September 2024.
  • At AED 43,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 14,000 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 15 September 2024.

Questions about 902, Mazaya 14

What did unit 902 last sell for?

AED 514,735 on 20 November 2016, sold by the developer: AED 500 per sqft for 1,029 sqft. It is the only registered sale of the unit.

What is the rent for unit 902?

AED 43,000 a year on the contract signed on 15 September 2024. The previous contract, from September 2022, was AED 35,500; the unit has been rented since February 2018.

How big is unit 902?

1,029 sqft (95.6 sqm): a one-bedroom apartment on the 9th floor of a 11-storey tower completed in 2016.

What is unit 902 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 902, Mazaya 14

Starts from the last sale price (AED 515K, 20 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 514,735
Deposit, UAE resident (20%)
AED 102,947
Deposit, non-resident (40%)
AED 205,894
Monthly over 25 years at 3.7%
AED 2,106

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