1-bed · 567 sqftMazaya 24, Liwan · 2nd floor · completed 2014

206, Mazaya 24

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 24 January 2024
Last soldAED 340K24 January 2024
Current rentAED 28K /yr23 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Mazaya 24

What is 206 worth today?

Last sold for AED 340,000 in 2024

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24 Jan 2024SoldReady
AED 340,000AED 600 per sqft
23 Jan 2023RentedRenewal
AED 28,000/yr12 months · AED 49 per sqft
23 Jan 2022RentedRenewal
AED 23,000/yr12 months · AED 40 per sqft
23 Jan 2021RentedNew contract
AED 20,000/yr12 months · AED 35 per sqft
1 Jul 2019RentedNew contract
AED 30,000/yr12 months · AED 53 per sqft
1 Oct 2017RentedNew contract
AED 41,000/yr12 months · AED 72 per sqft
10 Dec 2014SoldReady
AED 387,612AED 684 per sqft
10 Mar 2009Sold by developerOff-plan
AED 387,612AED 684 per sqft

Source: Dubai Land Department. Updated 24 January 2024.

Key facts

Type
1-bed apartment
Size
567 sqft
Floor
2nd of 5
Parking
G-11
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 340K · January 2024
Building
Mazaya 24

About 206, Mazaya 24

206 is a one-bedroom apartment of 567 sqft on the 2nd floor of Mazaya 24, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 24 January 2024 for AED 340,000, or AED 600 per sqft, 13% above the AED 531 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 23 January 2023, is AED 28,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 6,900 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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 387,612 (AED 684 per sqft)Sold, December 2014: AED 387,612 (AED 684 per sqft)Sold, January 2024: AED 340,000 (AED 600 per sqft)

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

Rents
Unit 206, each contractTypical one-bed in Mazaya 24
20K40K20152018202120242027Typical 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, October 2017: AED 41,000 a yearNew contract, July 2019: AED 30,000 a yearNew contract, January 2021: AED 20,000 a yearRenewal, January 2022: AED 23,000 a yearRenewal, January 2023: AED 28,000 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 206 sits

All 45 1-beds →

206 last sold in January 2024 at AED 600 per sqft, 13% above what one-beds in Mazaya 24 were fetching at the time (AED 531). 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. 206's AED 28,000 is at the bottom 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 2nd floor

All 65 units in Mazaya 24
Value
2012-bedAED 770K · Feb 2009
2021-bedAED 540K · Jul 2025
2031-bedAED 425K · Feb 2026
2041-bedAED 420K · Mar 2024
2052-bedAED 415K · Oct 2016
2071-bedAED 450K · Jan 2026
2082-bedAED 442K · Feb 2015
1–7 of 12

206, Mazaya 24 in numbers

  • Sold 3 times: first on 10 March 2009 for AED 387,612, last on 24 January 2024 for AED 340,000 (AED 600 per sqft).
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 41,000 to AED 20,000 in 2021 and recovered to AED 28,000 by January 2023.
  • At AED 28,000 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 6,900 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 24 January 2024.

Questions about 206, Mazaya 24

What did unit 206 last sell for?

AED 340,000 on 24 January 2024: AED 600 per sqft for 567 sqft. The unit has 3 registered sales; the first was AED 387,612 in March 2009.

What is the rent for unit 206?

AED 28,000 a year on the contract renewed on 23 January 2023. The previous contract, from January 2022, was AED 23,000; the unit has been rented since October 2017.

How big is unit 206?

567 sqft (52.7 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2014.

What is unit 206 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 206, Mazaya 24

Starts from the last sale price (AED 340K, 24 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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