1-bed · 698 sqftMazaya 15, Liwan · 2nd floor · completed 2014

205, Mazaya 15

Sold prices and rental history: sold 3 times, last in July 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 5 December 2023
Last soldAED 510K11 July 2017
Current rentAED 32K /yr5 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Mazaya 15

What is 205 worth today?

Last sold for AED 510,000 in 2017

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5 Dec 2023RentedRenewal
AED 31,625/yr12 months · AED 45 per sqft
5 Dec 2022RentedNew contract
AED 28,750/yr12 months · AED 41 per sqft
5 Dec 2018RentedNew contract
AED 36,000/yr12 months · AED 51 per sqft
1 Nov 2017RentedNew contract
AED 45,000/yr12 months · AED 64 per sqft
11 Jul 2017SoldReady
AED 510,000AED 730 per sqft
17 Jul 2016RentedNew contract
AED 52,000/yr12 months · AED 74 per sqft
30 Oct 2013SoldOff-plan
AED 360,000AED 515 per sqft
26 Apr 2009Sold by developerOff-plan
AED 494,721AED 708 per sqft

Source: Dubai Land Department. Updated 5 December 2023.

Key facts

Type
1-bed apartment
Size
698 sqft
Floor
2nd of 10
Parking
G-22
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 510K · July 2017
Building
Mazaya 15

About 205, Mazaya 15

205 is a one-bedroom apartment of 698 sqft on the 2nd floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 11 July 2017 for AED 510,000, or AED 730 per sqft, in line with the AED 730 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 5 December 2023, is AED 31,625 a year: a gross yield of 6.2% on the 2017 price, before the service charge of about AED 6,700 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical one-bed in Mazaya 15
400K600K2009201420192024Typical sale price by year: 2009 AED 531,221; 2013 AED 374,500; 2015 AED 332,286; 2016 AED 564,292; 2017 AED 530,000; 2018 AED 565,000; 2022 AED 317,500; 2023 AED 387,000; 2024 AED 442,500; 2025 AED 537,500; 2026 AED 585,000Sold by developer, April 2009: AED 494,721 (AED 708 per sqft)Sold, October 2013: AED 360,000 (AED 515 per sqft)Sold, July 2017: AED 510,000 (AED 730 per sqft)

205 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 205, each contractTypical one-bed in Mazaya 15
40K20152018202120242027Typical rent by year: 2015 AED 53,000; 2016 AED 51,500; 2017 AED 46,000; 2018 AED 41,500; 2019 AED 35,000; 2020 AED 29,918; 2021 AED 25,600; 2022 AED 28,875; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 46,000; 2026 AED 50,000New contract, July 2016: AED 52,000 a yearNew contract, November 2017: AED 45,000 a yearNew contract, December 2018: AED 36,000 a yearNew contract, December 2022: AED 28,750 a yearRenewal, December 2023: AED 31,625 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 15, and where 205 sits

All 48 1-beds →

205 last sold in July 2017 at AED 730 per sqft, in line with what one-beds in Mazaya 15 were fetching at the time (AED 730). Over the last 12 months one-beds sold for AED 495,000 to 655,979, around AED 730 per sqft, and rent for AED 38,808 to 56,000 a year. 205's AED 31,625 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 2026620,000
8 Jun 2026495,000
15 Apr 2026550,000
6 Jan 2026655,979
4 1-bed sales in the last 12 months

Mazaya 15

Building

82 apartments, 1-bed to 3-bed over 10 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 6 sold in the last 12 months.

Typical price per sqft
AED 737
Typical sale
AED 638K
Typical rent
AED 52K /yr
Typical yield
8.8%
Mazaya 15, Liwan: prices, sales and rents →

Other units on the 2nd floor

All 82 units in Mazaya 15
Value
2011-bedAED 300K · Nov 2020
2021-bedAED 495K · Jun 2026
2032-bedAED 418K · Sep 2015
2041-bedAED 410K · Oct 2023
2061-bedAED 495K · Mar 2024
2071-bedAED 495K · Apr 2009
2081-bedAED 380K · Feb 2023
1–7 of 9

205, Mazaya 15 in numbers

  • Sold 3 times: first on 26 April 2009 for AED 494,721, last on 11 July 2017 for AED 510,000 (AED 730 per sqft).
  • Rented since July 2016 on 5 Ejari contracts, from AED 52,000 to AED 31,625 a year.
  • At AED 31,625 a year the gross yield on the 2017 price is 6.2%, before a service charge of about AED 6,700 a year (AED 9.65 per sqft).
  • One-beds in Mazaya 15 sold for AED 495,000–655,979 in the 12 months to November 2026; the building's median across all types is AED 737 per sqft.

Source: Dubai Land Department. Updated 5 December 2023.

Questions about 205, Mazaya 15

What did unit 205 last sell for?

AED 510,000 on 11 July 2017: AED 730 per sqft for 698 sqft. The unit has 3 registered sales; the first was AED 494,721 in April 2009.

What is the rent for unit 205?

AED 31,625 a year on the contract renewed on 5 December 2023. The previous contract, from December 2022, was AED 28,750; the unit has been rented since July 2016.

How big is unit 205?

698 sqft (64.8 sqm): a one-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2014.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 15 sold for AED 495,000 to 655,979 in the last 12 months, around AED 730 per sqft.

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Mortgage on 205, Mazaya 15

Starts from the last sale price (AED 510K, 11 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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