2-bed · 1,289 sqftMazaya 16, Liwan · 1st floor · completed 2016

110, Mazaya 16

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

Unit 110 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 645K15 January 2017
Current rentAED 56K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 110, Mazaya 16

What is 110 worth today?

Last sold for AED 645,465 in 2017

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1 Dec 2024RentedRenewal
AED 56,000/yr12 months · AED 43 per sqft
1 Dec 2023RentedRenewal
AED 52,000/yr12 months · AED 40 per sqft
1 Dec 2022RentedRenewal
AED 49,500/yr12 months · AED 38 per sqft
1 Dec 2021RentedRenewal
AED 47,000/yr12 months · AED 36 per sqft
1 Dec 2020RentedNew contract
AED 47,000/yr12 months · AED 36 per sqft
1 Apr 2019RentedNew contract
AED 60,162/yr12 months · AED 47 per sqft
1 Mar 2017RentedNew contract
AED 72,000/yr12 months · AED 56 per sqft
15 Jan 2017Sold by developerOff-plan
AED 645,465AED 500 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,289 sqft
Floor
1st of 9
Parking
G-74
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 17,500 /yr
Last sold
AED 645K · January 2017
Building
Mazaya 16

About 110, Mazaya 16

110 is a two-bedroom apartment of 1,289 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 15 January 2017 for AED 645,465, or AED 500 per sqft, 34% below the AED 761 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 56,000 a year: a gross yield of 8.7% on the 2017 price, before the service charge of about AED 17,500 a year.

Sales and rents for 110 over time

Sales
Unit 110, each saleTypical two-bed in Mazaya 16
600K800K201620172018Typical sale price by year: 2016 AED 918,672; 2017 AED 645,300Sold by developer, January 2017: AED 645,465 (AED 500 per sqft)

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

Rents
Unit 110, each contractTypical two-bed in Mazaya 16
60K2017202020232026Typical rent by year: 2017 AED 71,000; 2018 AED 69,000; 2019 AED 59,081; 2020 AED 51,000; 2021 AED 48,000; 2022 AED 50,000; 2023 AED 53,500; 2024 AED 57,000; 2025 AED 60,000; 2026 AED 72,000New contract, March 2017: AED 72,000 a yearNew contract, April 2019: AED 60,162 a yearNew contract, December 2020: AED 47,000 a yearRenewal, December 2021: AED 47,000 a yearRenewal, December 2022: AED 49,500 a yearRenewal, December 2023: AED 52,000 a yearRenewal, December 2024: AED 56,000 a year

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

2-beds in Mazaya 16, and where 110 sits

All 18 2-beds →

110 last sold in January 2017 at AED 500 per sqft, 34% below what two-beds in Mazaya 16 were fetching at the time (AED 761). 110's AED 56,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jan 2017645,515
16 Jan 2017645,515
16 Jan 2017645,300
16 Jan 2017596,810
0 2-bed 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
107StudioAED 371K · Jan 2017
1–7 of 11

110, Mazaya 16 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 15 January 2017 for AED 645,465, or AED 500 per sqft.
  • Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 72,000 to AED 47,000 in 2021 and recovered to AED 56,000 by December 2024.
  • At AED 56,000 a year the gross yield on the 2017 price is 8.7%, before a service charge of about AED 17,500 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 110, Mazaya 16

What did unit 110 last sell for?

AED 645,465 on 15 January 2017, sold by the developer: AED 500 per sqft for 1,289 sqft. It is the only registered sale of the unit.

What is the rent for unit 110?

AED 56,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 52,000; the unit has been rented since March 2017.

How big is unit 110?

1,289 sqft (119.8 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2016.

What is unit 110 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 110, Mazaya 16

Starts from the last sale price (AED 645K, 15 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 645,465
Deposit, UAE resident (20%)
AED 129,093
Deposit, non-resident (40%)
AED 258,186
Monthly over 25 years at 3.7%
AED 2,641

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