1-bed · 723 sqftMazaya 24, Liwan · 1st floor · completed 2014

104, Mazaya 24

Sold prices and rental history: sold once, by the developer in March 2009, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 12 August 2019
Last soldAED 493K18 March 2009
Current rentAED 35K /yr12 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Mazaya 24

What is 104 worth today?

Last sold for AED 493,120 in 2009

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12 Aug 2019RentedRenewal
AED 35,000/yr12 months · AED 49 per sqft
1 Jul 2016RentedNew contract
AED 50,000/yr12 months · AED 69 per sqft
18 Mar 2009Sold by developerOff-plan
AED 493,120AED 681 per sqft

Source: Dubai Land Department. Updated 12 August 2019.

Key facts

Type
1-bed apartment
Size
723 sqft
Floor
1st of 5
Parking
G-33
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,700 /yr
Last sold
AED 493K · March 2009
Building
Mazaya 24

About 104, Mazaya 24

104 is a one-bedroom apartment of 723 sqft on the 1st floor of Mazaya 24, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 18 March 2009 for AED 493,120, or AED 681 per sqft, 3% below the AED 705 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 12 August 2019, is AED 35,000 a year: a gross yield of 7.1% on the 2009 price, before the service charge of about AED 8,700 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical one-bed in Mazaya 24
400K2009201420192024Typical sale price by year: 2009 AED 423,391; 2014 AED 479,171; 2015 AED 489,196; 2016 AED 445,000; 2017 AED 418,695; 2022 AED 330,000; 2023 AED 313,750; 2024 AED 370,000; 2026 AED 550,000Sold by developer, March 2009: AED 493,120 (AED 681 per sqft)

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

Rents
Unit 104, each contractTypical one-bed in Mazaya 24
40K20152018202120242027Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 43,000; 2018 AED 40,250; 2019 AED 33,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 33,000; 2024 AED 38,500; 2025 AED 43,000; 2026 AED 47,500New contract, July 2016: AED 50,000 a yearRenewal, August 2019: AED 35,000 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 24, and where 104 sits

All 45 1-beds →

104 last sold in March 2009 at AED 681 per sqft, 3% below what one-beds in Mazaya 24 were fetching at the time (AED 705). Over the last 12 months one-beds sold for AED 425,444 to 640,000, around AED 810 per sqft, and rent for AED 33,000 to 82,000 a year. 104's AED 35,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Jul 2026500,000
26 Jun 2026590,000
3 Mar 2026640,000
17 Feb 2026425,444
7 1-bed sales in the last 12 months

Mazaya 24

Building

65 apartments, 1-bed to 2-bed over 5 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.

Typical price per sqft
AED 804
Typical sale
AED 575K
Typical rent
AED 48K /yr
Typical yield
9.2%
Mazaya 24, Liwan: prices, sales and rents →

Other units on the 1st floor

All 65 units in Mazaya 24
Value
1012-bedAED 766K · Dec 2014
1021-bedAED 590K · Jun 2026
1031-bedAED 580K · Dec 2014
1052-bedAED 625K · May 2024
1061-bedAED 560K · Feb 2026
1071-bedAED 550K · Jan 2026
1082-bedAED 762K · Mar 2016
1–7 of 12

104, Mazaya 24 in numbers

  • Sold once: by Al Mazaya Real Estate on 18 March 2009 for AED 493,120, or AED 681 per sqft.
  • Rented since July 2016 on 2 Ejari contracts, from AED 50,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2009 price is 7.1%, before a service charge of about AED 8,700 a year (AED 12.09 per sqft).
  • One-beds in Mazaya 24 sold for AED 425,444–640,000 in the 12 months to November 2026; the building's median across all types is AED 804 per sqft.

Source: Dubai Land Department. Updated 12 August 2019.

Questions about 104, Mazaya 24

What did unit 104 last sell for?

AED 493,120 on 18 March 2009, sold by the developer: AED 681 per sqft for 723 sqft. It is the only registered sale of the unit.

What is the rent for unit 104?

AED 35,000 a year on the contract renewed on 12 August 2019. The previous contract, from July 2016, was AED 50,000.

How big is unit 104?

723 sqft (67.2 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2014.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 24 sold for AED 425,444 to 640,000 in the last 12 months, around AED 810 per sqft.

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Mortgage on 104, Mazaya 24

Starts from the last sale price (AED 493K, 18 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 493,120
Deposit, UAE resident (20%)
AED 98,624
Deposit, non-resident (40%)
AED 197,248
Monthly over 25 years at 3.7%
AED 2,018

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