111, Mazaya 23
Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, Mazaya 23
What is 111 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,012 sqft
- Floor
- 1st of 6
- Parking
- G-4
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 12,500 /yr
- Last sold
- AED 704K · May 2014
- Building
- Mazaya 23
About 111, Mazaya 23
111 is a two-bedroom apartment of 1,012 sqft on the 1st floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 26 May 2014 for AED 703,508, or AED 695 per sqft, 7% above the AED 650 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 August 2024, is AED 55,000 a year: a gross yield of 7.8% on the 2014 price, before the service charge of about AED 12,500 a year.
Sales and rents for 111 over time
111 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 23, and where 111 sits
All 15 2-beds →111 last sold in May 2014 at AED 695 per sqft, 7% above what two-beds in Mazaya 23 were fetching at the time (AED 650). Over the last 12 months two-beds sold for AED 850,000, around AED 771 per sqft, and rent for AED 60,000 to 80,000 a year. 111's AED 55,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jan 20262 January 2026 | 1,102 sqft | 850,000 | 771 | ||
| 30 Jun 202530 June 2025 | 1,086 sqft | 790,000 | 727 | ||
| 17 Oct 202417 October 2024 | 1,086 sqft | 650,000 | 598 | ||
| 1 Mar 20241 March 2024 | 1,013 sqft | 500,000 | 493 |
Mazaya 23
Building55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 6 sold in the last 12 months.
- Typical price per sqft
- AED 809
- Typical sale
- AED 585K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.8%
Other units on the 1st floor
All 55 units in Mazaya 23| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 579 sqft | AED 275KAED 275,000 · Mar 2022March 2022 | 40,000 /yr | |
| 102 | 2-bed | 1,013 sqft | AED 500KAED 500,000 · Mar 2024March 2024 | 63,000 /yr | |
| 103 | 1-bed | 576 sqft | AED 150KAED 150,000 · Oct 2014October 2014 | 33,000 /yr | |
| 104 | 1-bed | 803 sqft | AED 643KAED 642,568 · Aug 2015August 2015 | 39,368 /yr | |
| 105 | 2-bed | 1,086 sqft | AED 460KAED 460,000 · Mar 2020March 2020 | 60,000 /yr | |
| 106 | 1-bed | 624 sqft | AED 419KAED 419,446 · Oct 2014October 2014 | 28,000 /yr | |
| 107 | 1-bed | 624 sqft | AED 419KAED 419,446 · Feb 2009February 2009 | 50,400 /yr | |
| 108 | 2-bed | 1,086 sqft | AED 790KAED 790,000 · Jun 2025June 2025 | 52,250 /yr | |
| 109 | 1-bed | 803 sqft | AED 585KAED 585,000 · Mar 2025March 2025 | 55,000 /yr | |
| 110 | 1-bed | 571 sqft | AED 400KAED 400,000 · Jun 2018June 2018 | 20,000 /yr | |
| 112 | 1-bed | 579 sqft | AED 510KAED 510,000 · Oct 2026October 2026 | 24,000 /yr |
111, Mazaya 23 in numbers
- Sold twice: first on 2 March 2009 for AED 692,314, last on 26 May 2014 for AED 703,508 (AED 695 per sqft).
- Rented since May 2015 on 6 Ejari contracts. The rent fell from AED 68,000 to AED 35,000 in 2020 and recovered to AED 55,000 by August 2024.
- At AED 55,000 a year the gross yield on the 2014 price is 7.8%, before a service charge of about AED 12,500 a year (AED 12.38 per sqft).
- Two-beds in Mazaya 23 sold for AED 850,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 809 per sqft.
Source: Dubai Land Department. Updated 1 August 2024.
Questions about 111, Mazaya 23
What did unit 111 last sell for?
AED 703,508 on 26 May 2014: AED 695 per sqft for 1,012 sqft. The unit has 2 registered sales; the first was AED 692,314 in March 2009.
What is the rent for unit 111?
AED 55,000 a year on the contract signed on 1 August 2024. The previous contract, from August 2023, was AED 50,000; the unit has been rented since May 2015.
How big is unit 111?
1,012 sqft (94.0 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2013.
What is unit 111 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 23 sold for AED 850,000 to 850,000 in the last 12 months, around AED 771 per sqft.
Selling 111? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 111, Mazaya 23
Starts from the last sale price (AED 704K, 26 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 703,508
- Deposit, UAE resident (20%)
- AED 140,702
- Deposit, non-resident (40%)
- AED 281,403
- Monthly over 25 years at 3.7%
- AED 2,878
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →