1-bed · 829 sqftMazaya 16, Liwan · 9th floor · completed 2016

906, 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 906 · DLD and Ejari recordsUpdated 22 May 2025
Last soldAED 415K16 January 2017
Current rentAED 53K /yr22 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Mazaya 16

What is 906 worth today?

Last sold for AED 414,735 in 2017

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22 May 2025RentedRenewal
AED 53,000/yr12 months · AED 64 per sqft
22 May 2024RentedNew contract
AED 53,000/yr12 months · AED 64 per sqft
1 May 2023RentedRenewal
AED 37,000/yr12 months · AED 45 per sqft
1 May 2022RentedRenewal
AED 35,200/yr12 months · AED 42 per sqft
1 May 2019RentedNew contract
AED 44,000/yr12 months · AED 53 per sqft
15 Apr 2018RentedNew contract
AED 48,000/yr12 months · AED 58 per sqft
20 Mar 2017RentedNew contract
AED 53,000/yr12 months · AED 64 per sqft
16 Jan 2017Sold by developerOff-plan
AED 414,735AED 500 per sqft

Source: Dubai Land Department. Updated 22 May 2025.

Key facts

Type
1-bed apartment
Size
829 sqft
Floor
9th of 9
Parking
G-108
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 11,300 /yr
Last sold
AED 415K · January 2017
Building
Mazaya 16

About 906, Mazaya 16

906 is a one-bedroom apartment of 829 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 414,735, 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 2017 on 7 Ejari contracts. The current contract, renewed on 22 May 2025, is AED 53,000 a year: a gross yield of 12.8% on the 2017 price, before the service charge of about AED 11,300 a year.

Sales and rents for 906 over time

Sales
Unit 906, each saleTypical one-bed in Mazaya 16
400K500K600K201620172018Typical sale price by year: 2016 AED 625,328; 2017 AED 454,185Sold by developer, January 2017: AED 414,735 (AED 500 per sqft)

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

Rents
Unit 906, 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, March 2017: AED 53,000 a yearNew contract, April 2018: AED 48,000 a yearNew contract, May 2019: AED 44,000 a yearRenewal, May 2022: AED 35,200 a yearRenewal, May 2023: AED 37,000 a yearNew contract, May 2024: AED 53,000 a yearRenewal, May 2025: AED 53,000 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 906 sits

All 72 1-beds →

906 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). 906's AED 53,000 is in the lower half 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
9041-bedAED 526K · Jan 2017
9051-bedAED 411K · Jan 2017
907StudioAED 314K · Jan 2017
9081-bedAED 454K · Jan 2017
1–7 of 11

906, 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 414,735, or AED 500 per sqft.
  • Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 53,000 to AED 35,200 in 2022 and recovered to AED 53,000 by May 2025.
  • At AED 53,000 a year the gross yield on the 2017 price is 12.8%, before a service charge of about AED 11,300 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 22 May 2025.

Questions about 906, Mazaya 16

What did unit 906 last sell for?

AED 414,735 on 16 January 2017, sold by the developer: AED 500 per sqft for 829 sqft. It is the only registered sale of the unit.

What is the rent for unit 906?

AED 53,000 a year on the contract renewed on 22 May 2025. The previous contract, from May 2024, was AED 53,000; the unit has been rented since March 2017.

How big is unit 906?

829 sqft (77.0 sqm): a one-bedroom apartment on the 9th floor of a 9-storey tower completed in 2016.

What is unit 906 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 906, Mazaya 16

Starts from the last sale price (AED 415K, 16 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 414,735
Deposit, UAE resident (20%)
AED 82,947
Deposit, non-resident (40%)
AED 165,894
Monthly over 25 years at 3.7%
AED 1,697

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