1-bed · 1,053 sqftMazaya 16, Liwan · 9th floor · completed 2016

904, Mazaya 16

Sold prices and rental history: sold once, by the developer in January 2017, and rented once, from April 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 10 April 2021
Last soldAED 526K16 January 2017
Current rentAED 33K /yr10 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Mazaya 16

What is 904 worth today?

Last sold for AED 526,465 in 2017

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10 Apr 2021RentedNew contract
AED 33,000/yr12 months · AED 31 per sqft
16 Jan 2017Sold by developerOff-plan
AED 526,465AED 500 per sqft

Source: Dubai Land Department. Updated 10 April 2021.

Key facts

Type
1-bed apartment
Size
1,053 sqft
Floor
9th of 9
Parking
G-78
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 14,300 /yr
Last sold
AED 526K · January 2017
Building
Mazaya 16

About 904, Mazaya 16

904 is a one-bedroom apartment of 1,053 sqft on the 9th 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 526,465, or AED 500 per sqft, in line with the AED 500 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 April 2021. The current contract, signed on 10 April 2021, is AED 33,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 14,300 a year.

Sales and rents for 904 over time

Sales
Unit 904, each saleTypical one-bed in Mazaya 16
500K600K201620172018Typical sale price by year: 2016 AED 625,328; 2017 AED 454,185Sold by developer, January 2017: AED 526,465 (AED 500 per sqft)

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

Rents
Unit 904, each contractTypical one-bed in Mazaya 16
30K40K50K2017202020232026Typical rent by year: 2017 AED 53,500; 2018 AED 52,000; 2019 AED 43,500; 2020 AED 37,000; 2021 AED 32,000; 2022 AED 35,000; 2023 AED 38,000; 2024 AED 42,000; 2025 AED 44,000; 2026 AED 47,000New contract, April 2021: AED 33,000 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 16, and where 904 sits

All 72 1-beds →

904 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). 904's AED 33,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jan 2017414,735
16 Jan 2017412,745
16 Jan 2017412,745
16 Jan 2017534,755
0 1-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 9th floor

All 108 units in Mazaya 16
Value
9011-bedAED 520K · Jan 2017
9021-bedAED 535K · Jan 2017
903StudioAED 314K · Sep 2016
9051-bedAED 411K · Jan 2017
9061-bedAED 415K · Jan 2017
907StudioAED 314K · Jan 2017
9081-bedAED 454K · Jan 2017
1–7 of 11

904, 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 526,465, or AED 500 per sqft.
  • Rented since April 2021 on one Ejari contract, at AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 14,300 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 10 April 2021.

Questions about 904, Mazaya 16

What did unit 904 last sell for?

AED 526,465 on 16 January 2017, sold by the developer: AED 500 per sqft for 1,053 sqft. It is the only registered sale of the unit.

What is the rent for unit 904?

AED 33,000 a year on the contract signed on 10 April 2021.

How big is unit 904?

1,053 sqft (97.8 sqm): a one-bedroom apartment on the 9th floor of a 9-storey tower completed in 2016.

What is unit 904 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 904, Mazaya 16

Starts from the last sale price (AED 526K, 16 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 526,465
Deposit, UAE resident (20%)
AED 105,293
Deposit, non-resident (40%)
AED 210,586
Monthly over 25 years at 3.7%
AED 2,154

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