1-bed · 928 sqftMazaya 24, Liwan · 1st floor · completed 2014

109, Mazaya 24

Sold prices and rental history: sold 5 times, last in November 2024, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 650K12 November 2024
Current rentAED 35K /yr29 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Mazaya 24

What is 109 worth today?

Last sold for AED 650,000 in 2024

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12 Nov 2024SoldReady
AED 650,000AED 700 per sqft
29 Jul 2023RentedRenewal
AED 34,650/yr12 months · AED 37 per sqft
29 Jul 2022RentedNew contract
AED 33,000/yr12 months · AED 36 per sqft
15 Jun 2022SoldReady
AED 300,000AED 323 per sqft
1 Jul 2016RentedNew contract
AED 30,000/yr60 months · AED 32 per sqft
16 Mar 2015SoldReady
AED 638,732AED 688 per sqft
18 Nov 2014SoldReady
AED 730,672AED 787 per sqft
4 Feb 2009Sold by developerOff-plan
AED 730,672AED 787 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

Key facts

Type
1-bed apartment
Size
928 sqft
Floor
1st of 5
Parking
G-21
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,200 /yr
Last sold
AED 650K · November 2024
Building
Mazaya 24

About 109, Mazaya 24

109 is a one-bedroom apartment of 928 sqft on the 1st floor of Mazaya 24, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 12 November 2024 for AED 650,000, or AED 700 per sqft, 21% above the AED 580 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 29 July 2023, is AED 34,650 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 11,200 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical one-bed in Mazaya 24
400K600K800K2009201420192024Typical 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, February 2009: AED 730,672 (AED 787 per sqft)Sold, November 2014: AED 730,672 (AED 787 per sqft)Sold, March 2015: AED 638,732 (AED 688 per sqft)Sold, June 2022: AED 300,000 (AED 323 per sqft)Sold, November 2024: AED 650,000 (AED 700 per sqft)

109 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 109, 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 30,000 a yearNew contract, July 2022: AED 33,000 a yearRenewal, July 2023: AED 34,650 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 109 sits

All 45 1-beds →

109 last sold in November 2024 at AED 700 per sqft, 21% above what one-beds in Mazaya 24 were fetching at the time (AED 580). 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. 109's AED 34,650 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
1041-bedAED 493K · Mar 2009
1052-bedAED 625K · May 2024
1061-bedAED 560K · Feb 2026
1071-bedAED 550K · Jan 2026
1–7 of 12

109, Mazaya 24 in numbers

  • Sold 5 times: first on 4 February 2009 for AED 730,672, last on 12 November 2024 for AED 650,000 (AED 700 per sqft).
  • Rented since July 2016 on 3 Ejari contracts, from AED 30,000 to AED 34,650 a year.
  • At AED 34,650 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 11,200 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 November 2024.

Questions about 109, Mazaya 24

What did unit 109 last sell for?

AED 650,000 on 12 November 2024: AED 700 per sqft for 928 sqft. The unit has 5 registered sales; the first was AED 730,672 in February 2009.

What is the rent for unit 109?

AED 34,650 a year on the contract renewed on 29 July 2023. The previous contract, from July 2022, was AED 33,000; the unit has been rented since July 2016.

How big is unit 109?

928 sqft (86.2 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2014.

What is unit 109 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 109, Mazaya 24

Starts from the last sale price (AED 650K, 12 November 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 →