Studio · 628 sqftMazaya 16, Liwan · 6th floor · completed 2016

607, Mazaya 16

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 314K12 January 2017
Current rentAED 34K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Mazaya 16

What is 607 worth today?

Last sold for AED 313,880 in 2017

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10 Oct 2025RentedRenewal
AED 33,500/yr12 months · AED 53 per sqft
10 Oct 2024RentedRenewal
AED 32,000/yr12 months · AED 51 per sqft
10 Oct 2023RentedRenewal
AED 30,000/yr12 months · AED 48 per sqft
10 Oct 2022RentedNew contract
AED 27,000/yr12 months · AED 43 per sqft
1 Mar 2022RentedNew contract
AED 26,000/yr12 months · AED 41 per sqft
20 Feb 2021RentedRenewal
AED 25,000/yr12 months · AED 40 per sqft
20 Feb 2020RentedNew contract
AED 29,000/yr12 months · AED 46 per sqft
12 Jan 2017Sold by developerOff-plan
AED 313,880AED 500 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
Studio apartment
Size
628 sqft
Floor
6th of 9
Parking
G-26
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 8,500 /yr
Last sold
AED 314K · January 2017
Building
Mazaya 16

About 607, Mazaya 16

607 is a studio of 628 sqft on the 6th 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 313,880, or AED 500 per sqft, 36% below the AED 778 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 33,500 a year: a gross yield of 10.7% on the 2017 price, before the service charge of about AED 8,500 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical studio in Mazaya 16
312K313K314K201620172018Typical sale price by year: 2016 AED 311,743; 2017 AED 313,880Sold by developer, January 2017: AED 313,880 (AED 500 per sqft)

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

Rents
Unit 607, 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 2020: AED 29,000 a yearRenewal, February 2021: AED 25,000 a yearNew contract, March 2022: AED 26,000 a yearNew contract, October 2022: AED 27,000 a yearRenewal, October 2023: AED 30,000 a yearRenewal, October 2024: AED 32,000 a yearRenewal, October 2025: AED 33,500 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 607 sits

All 18 studios →

607 last sold in January 2017 at AED 500 per sqft, 36% below what studios in Mazaya 16 were fetching at the time (AED 778). 607's AED 33,500 is in the lower half 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 6th floor

All 108 units in Mazaya 16
Value
6011-bedAED 520K · Jan 2017
6021-bedAED 535K · Jan 2017
603StudioAED 314K · Sep 2016
6041-bedAED 526K · Jan 2017
6051-bedAED 411K · Jan 2017
6061-bedAED 415K · Jan 2017
6081-bedAED 454K · Jan 2017
1–7 of 11

607, 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 313,880, or AED 500 per sqft.
  • Rented since February 2020 on 7 Ejari contracts. The rent fell from AED 29,000 to AED 25,000 in 2021 and recovered to AED 33,500 by October 2025.
  • At AED 33,500 a year the gross yield on the 2017 price is 10.7%, before a service charge of about AED 8,500 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 10 October 2025.

Questions about 607, Mazaya 16

What did unit 607 last sell for?

AED 313,880 on 12 January 2017, sold by the developer: AED 500 per sqft for 628 sqft. It is the only registered sale of the unit.

What is the rent for unit 607?

AED 33,500 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 32,000; the unit has been rented since February 2020.

How big is unit 607?

628 sqft (58.3 sqm): a studio on the 6th floor of a 9-storey tower completed in 2016.

What is unit 607 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 607, Mazaya 16

Starts from the last sale price (AED 314K, 12 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 313,880
Deposit, UAE resident (20%)
AED 62,776
Deposit, non-resident (40%)
AED 125,552
Monthly over 25 years at 3.7%
AED 1,284

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