2-bed · 1,086 sqftMazaya 23, Liwan · 2nd floor · completed 2013

205, Mazaya 23

Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 21 July 2022
Last soldAED 589K21 July 2022
Current rentAED 37K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Mazaya 23

What is 205 worth today?

Last sold for AED 588,750 in 2022

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21 Jul 2022Sold by developerReady
AED 588,750AED 542 per sqft
1 Jun 2021RentedNew contract
AED 37,000/yr12 months · AED 34 per sqft
1 Aug 2020RentedRenewal
AED 45,000/yr6 months · AED 41 per sqft
1 Aug 2019RentedNew contract
AED 45,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 21 July 2022.

Key facts

Type
2-bed apartment
Size
1,086 sqft
Floor
2nd of 6
Parking
G-52
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 13,400 /yr
Last sold
AED 589K · July 2022
Building
Mazaya 23

About 205, Mazaya 23

205 is a two-bedroom apartment of 1,086 sqft on the 2nd floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. The developer sold it on 21 July 2022 for AED 588,750, or AED 542 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 June 2021, is AED 37,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 13,400 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in Mazaya 23
600K700K800K2009201320172021Typical sale price by year: 2009 AED 775,998; 2014 AED 730,000; 2016 AED 772,500; 2022 AED 651,134Sold by developer, July 2022: AED 588,750 (AED 542 per sqft)

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

Rents
Unit 205, each contractTypical two-bed in Mazaya 23
40K60K80K2014201820222026Typical rent by year: 2014 AED 70,423; 2015 AED 69,000; 2016 AED 75,000; 2017 AED 69,000; 2018 AED 54,000; 2019 AED 46,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 43,700; 2023 AED 48,750; 2024 AED 52,250; 2025 AED 63,000; 2026 AED 71,000New contract, August 2019: AED 45,000 a yearRenewal, August 2020: AED 45,000 a yearNew contract, June 2021: AED 37,000 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 23, and where 205 sits

All 15 2-beds →

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. 205's AED 37,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jan 2026850,000
30 Jun 2025790,000
17 Oct 2024650,000
1 Mar 2024500,000
1 2-bed sale in the last 12 months

Mazaya 23

Building

55 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%
Mazaya 23, Liwan: prices, sales and rents →

Other units on the 2nd floor

All 55 units in Mazaya 23
Value
2011-bedAED 510K · Oct 2025
2022-bedAED 651K · Jul 2022
2031-bedAED 190K · Apr 2014
2041-bedAED 615K · Nov 2017
2061-bedAED 440K · Mar 2024
2071-bedAED 550K · Oct 2025
2082-bedAED 650K · Oct 2024
1–7 of 11

205, Mazaya 23 in numbers

  • Sold once: by Al Mazaya Real Estate on 21 July 2022 for AED 588,750, or AED 542 per sqft.
  • Rented since August 2019 on 3 Ejari contracts, from AED 45,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 13,400 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 21 July 2022.

Questions about 205, Mazaya 23

What did unit 205 last sell for?

AED 588,750 on 21 July 2022, sold by the developer: AED 542 per sqft for 1,086 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 37,000 a year on the contract signed on 1 June 2021. The previous contract, from August 2020, was AED 45,000; the unit has been rented since August 2019.

How big is unit 205?

1,086 sqft (100.9 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2013.

What is unit 205 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.

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Mortgage on 205, Mazaya 23

Starts from the last sale price (AED 589K, 21 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 588,750
Deposit, UAE resident (20%)
AED 117,750
Deposit, non-resident (40%)
AED 235,500
Monthly over 25 years at 3.7%
AED 2,409

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