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

208, Mazaya 23

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 650K17 October 2024
Current rentAED 60K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Mazaya 23

What is 208 worth today?

Last sold for AED 650,000 in 2024

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17 Oct 2024SoldReady
AED 650,000AED 598 per sqft
25 May 2024RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
11 Jul 2023RentedNew contract
AED 62,000/yr8 months · AED 57 per sqft
15 Mar 2022RentedNew contract
AED 40,000/yr12 months · AED 37 per sqft
1 Apr 2021RentedRenewal
AED 36,000/yr12 months · AED 33 per sqft
1 Apr 2020RentedRenewal
AED 41,000/yr12 months · AED 38 per sqft
2 Jun 2015RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft
3 Mar 2015SoldReady
AED 868,870AED 800 per sqft

Source: Dubai Land Department. Updated 17 October 2024.

Key facts

Type
2-bed apartment
Size
1,086 sqft
Floor
2nd of 6
Parking
G-49
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 13,400 /yr
Last sold
AED 650K · October 2024
Building
Mazaya 23

About 208, Mazaya 23

208 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. It last sold on 17 October 2024 for AED 650,000, or AED 598 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 25 May 2024, is AED 60,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 13,400 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical two-bed in Mazaya 23
700K800K900K2009201420192024Typical sale price by year: 2009 AED 775,998; 2014 AED 730,000; 2016 AED 772,500; 2022 AED 651,134Sold by developer, July 2014: AED 738,541 (AED 680 per sqft)Sold, March 2015: AED 868,870 (AED 800 per sqft)Sold, October 2024: AED 650,000 (AED 598 per sqft)

208 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 208, 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, June 2015: AED 70,000 a yearRenewal, April 2020: AED 41,000 a yearRenewal, April 2021: AED 36,000 a yearNew contract, March 2022: AED 40,000 a yearNew contract, July 2023: AED 62,000 a yearNew contract, May 2024: AED 60,000 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 208 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. 208's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jan 2026850,000
30 Jun 2025790,000
1 Mar 2024500,000
26 Jul 2022700,000
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
2052-bedAED 589K · Jul 2022
2061-bedAED 440K · Mar 2024
2071-bedAED 550K · Oct 2025
1–7 of 11

208, Mazaya 23 in numbers

  • Sold 3 times: first on 22 July 2014 for AED 738,541, last on 17 October 2024 for AED 650,000 (AED 598 per sqft).
  • Rented since June 2015 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 36,000 in 2021 and recovered to AED 60,000 by May 2024.
  • At AED 60,000 a year the gross yield on the 2024 price is 9.2%, 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 17 October 2024.

Questions about 208, Mazaya 23

What did unit 208 last sell for?

AED 650,000 on 17 October 2024: AED 598 per sqft for 1,086 sqft. The unit has 3 registered sales; the first was AED 738,541 in July 2014.

What is the rent for unit 208?

AED 60,000 a year on the contract signed on 25 May 2024. The previous contract, from July 2023, was AED 62,000; the unit has been rented since June 2015.

How big is unit 208?

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 208 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 208, Mazaya 23

Starts from the last sale price (AED 650K, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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