Studio · 742 sqftMazaya 16, Liwan · 1st floor · completed 2016

107, Mazaya 16

Sold prices and rental history: sold once, by the developer in January 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 371K16 January 2017
Current rentAED 33K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Mazaya 16

What is 107 worth today?

Last sold for AED 370,820 in 2017

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1 Feb 2025RentedRenewal
AED 33,000/yr12 months · AED 44 per sqft
1 Feb 2025RentedRenewal
AED 33,000/yr12 months · AED 44 per sqft
1 Feb 2024RentedNew contract
AED 30,000/yr12 months · AED 40 per sqft
16 Jan 2017Sold by developerOff-plan
AED 370,820AED 500 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
Studio apartment
Size
742 sqft
Floor
1st of 9
Parking
G-21
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 10,100 /yr
Last sold
AED 371K · January 2017
Building
Mazaya 16

About 107, Mazaya 16

107 is a studio of 742 sqft on the 1st floor of Mazaya 16, a 9-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 16 January 2017 for AED 370,820, or AED 500 per sqft, in line with the AED 501 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 33,000 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 10,100 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical studio in Mazaya 16
350K201620172018Typical sale price by year: 2016 AED 311,743; 2017 AED 313,880Sold by developer, January 2017: AED 370,820 (AED 500 per sqft)

107 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 107, each contractTypical studio in Mazaya 16
30K40K2017202020232026Typical rent by year: 2017 AED 38,000; 2018 AED 38,000; 2019 AED 27,500; 2020 AED 25,500; 2021 AED 23,000; 2022 AED 24,160; 2023 AED 29,334; 2024 AED 32,000; 2025 AED 33,500; 2026 AED 37,000New contract, February 2024: AED 30,000 a yearRenewal, February 2025: AED 33,000 a yearRenewal, February 2025: AED 33,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mazaya 16, and where 107 sits

All 18 studios →

107 last sold in January 2017 at AED 500 per sqft, in line with what studios in Mazaya 16 were fetching at the time (AED 501). 107's AED 33,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Jan 2017313,880
16 Jan 2017313,880
16 Jan 2017313,880
16 Jan 2017313,880
0 studio sales in the last 12 months

Mazaya 16

Building

108 apartments, studios to 2-bed over 9 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 47K /yr
Typical yield
Mazaya 16, Liwan: prices, sales and rents →

Other units on the 1st floor

All 108 units in Mazaya 16
Value
1011-bedAED 780K · Sep 2016
1021-bedAED 535K · Dec 2016
103StudioAED 200K · Jan 2017
1041-bedAED 526K · Jan 2017
1051-bedAED 625K · Sep 2016
1061-bedAED 712K · Sep 2016
1081-bedAED 575K · Sep 2016
1–7 of 11

107, Mazaya 16 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 16 January 2017 for AED 370,820, or AED 500 per sqft.
  • Rented since February 2024 on 3 Ejari contracts, from AED 30,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2017 price is 8.9%, before a service charge of about AED 10,100 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 1 February 2025.

Questions about 107, Mazaya 16

What did unit 107 last sell for?

AED 370,820 on 16 January 2017, sold by the developer: AED 500 per sqft for 742 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 33,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2025, was AED 33,000; the unit has been rented since February 2024.

How big is unit 107?

742 sqft (68.9 sqm): a studio on the 1st floor of a 9-storey tower completed in 2016.

What is unit 107 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 107, Mazaya 16

Starts from the last sale price (AED 371K, 16 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 370,820
Deposit, UAE resident (20%)
AED 74,164
Deposit, non-resident (40%)
AED 148,328
Monthly over 25 years at 3.7%
AED 1,517

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