109, Mazaya 16
Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 109, Mazaya 16
What is 109 worth today?
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Source: Dubai Land Department. Updated 20 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 825 sqft
- Floor
- 1st of 9
- Parking
- G-89
- Developer
- Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
- Completed
- 2016
- Service charge
- AED 11,200 /yr
- Last sold
- AED 413K · January 2017
- Building
- Mazaya 16
About 109, Mazaya 16
109 is a one-bedroom apartment of 825 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 12 January 2017 for AED 412,745, 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 20 October 2023, is AED 36,500 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 11,200 a year.
Sales and rents for 109 over time
109 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 16, and where 109 sits
All 72 1-beds →109 last sold in January 2017 at AED 500 per sqft, in line with what one-beds in Mazaya 16 were fetching at the time (AED 500). 109's AED 36,500 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jan 201716 January 2017 | 829 sqft | 414,735 | 500 | ||
| 16 Jan 201716 January 2017 | 825 sqft | 412,745 | 500 | ||
| 16 Jan 201716 January 2017 | 825 sqft | 412,745 | 500 | ||
| 16 Jan 201716 January 2017 | 1,070 sqft | 534,755 | 500 |
Mazaya 16
Building108 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
Other units on the 1st floor
All 108 units in Mazaya 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,040 sqft | AED 780KAED 780,255 · Sep 2016September 2016 | 46,200 /yr | |
| 102 | 1-bed | 1,070 sqft | AED 535KAED 534,755 · Dec 2016December 2016 | 47,000 /yr | |
| 103 | Studio | 398 sqft | AED 200KAED 199,835 · Jan 2017January 2017 | 39,000 /yr | |
| 104 | 1-bed | 1,053 sqft | AED 526KAED 526,465 · Jan 2017January 2017 | 42,000 /yr | |
| 105 | 1-bed | 823 sqft | AED 625KAED 625,328 · Sep 2016September 2016 | 46,000 /yr | |
| 106 | 1-bed | 936 sqft | AED 712KAED 711,634 · Sep 2016September 2016 | 45,500 /yr | |
| 107 | Studio | 742 sqft | AED 371KAED 370,820 · Jan 2017January 2017 | 33,000 /yr | |
| 108 | 1-bed | 756 sqft | AED 575KAED 574,773 · Sep 2016September 2016 | 39,750 /yr | |
| 110 | 2-bed | 1,289 sqft | AED 645KAED 645,465 · Jan 2017January 2017 | 56,000 /yr | |
| 111 | 2-bed | 1,191 sqft | AED 597KAED 596,650 · Jan 2017January 2017 | 59,000 /yr | |
| 112 | 1-bed | 817 sqft | AED 613KAED 612,825 · Sep 2016September 2016 | 52,000 /yr |
109, Mazaya 16 in numbers
- Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 12 January 2017 for AED 412,745, or AED 500 per sqft.
- Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 46,500 to AED 32,000 in 2021 and recovered to AED 36,500 by October 2023.
- At AED 36,500 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 11,200 a year (AED 13.60 per sqft).
Source: Dubai Land Department. Updated 20 October 2023.
Questions about 109, Mazaya 16
What did unit 109 last sell for?
AED 412,745 on 12 January 2017, sold by the developer: AED 500 per sqft for 825 sqft. It is the only registered sale of the unit.
What is the rent for unit 109?
AED 36,500 a year on the contract signed on 20 October 2023. The previous contract, from October 2021, was AED 32,000; the unit has been rented since May 2018.
How big is unit 109?
825 sqft (76.6 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower completed in 2016.
What is unit 109 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 109, Mazaya 16
Starts from the last sale price (AED 413K, 12 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 412,745
- Deposit, UAE resident (20%)
- AED 82,549
- Deposit, non-resident (40%)
- AED 165,098
- Monthly over 25 years at 3.7%
- AED 1,689
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →