2-bed · 1,054 sqftMazaya 24, Liwan · 2nd floor · completed 2014

208, Mazaya 24

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 442K5 February 2015
Current rentAED 51K /yr16 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Mazaya 24

What is 208 worth today?

Last sold for AED 442,455 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 May 2024RentedRenewal
AED 51,000/yr12 months · AED 48 per sqft
16 May 2024RentedRenewal
AED 51,000/yr12 months · AED 48 per sqft
16 May 2022RentedRenewal
AED 35,000/yr12 months · AED 33 per sqft
16 May 2021RentedRenewal
AED 35,000/yr12 months · AED 33 per sqft
16 May 2020RentedNew contract
AED 39,000/yr12 months · AED 37 per sqft
25 Feb 2019RentedNew contract
AED 48,000/yr12 months · AED 46 per sqft
1 Feb 2018RentedNew contract
AED 58,000/yr12 months · AED 55 per sqft
8 Dec 2016RentedNew contract
AED 68,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
2-bed apartment
Size
1,054 sqft
Floor
2nd of 5
Parking
G-64
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,700 /yr
Last sold
AED 442K · February 2015
Building
Mazaya 24

About 208, Mazaya 24

208 is a two-bedroom apartment of 1,054 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 5 February 2015 for AED 442,455, or AED 419 per sqft, 42% below the AED 723 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 16 May 2024, is AED 51,000 a year: a gross yield of 11.5% on the 2015 price, before the service charge of about AED 12,700 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical two-bed in Mazaya 24
500K750K2009201420192024Typical sale price by year: 2009 AED 771,295; 2014 AED 762,000; 2015 AED 448,734; 2016 AED 582,500; 2024 AED 665,000; 2026 AED 840,000Sold by developer, April 2009: AED 884,910 (AED 839 per sqft)Sold, February 2015: AED 442,455 (AED 419 per sqft)

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

Rents
Unit 208, each contractTypical two-bed in Mazaya 24
40K60K2014201820222026Typical rent by year: 2014 AED 72,000; 2015 AED 70,000; 2016 AED 66,500; 2017 AED 60,000; 2018 AED 57,000; 2019 AED 48,000; 2020 AED 39,889; 2021 AED 35,000; 2022 AED 38,500; 2023 AED 48,000; 2024 AED 55,125; 2025 AED 65,000; 2026 AED 62,500New contract, December 2014: AED 72,000 a yearRenewal, December 2015: AED 72,000 a yearNew contract, December 2016: AED 68,000 a yearNew contract, February 2018: AED 58,000 a yearNew contract, February 2019: AED 48,000 a yearNew contract, May 2020: AED 39,000 a yearRenewal, May 2021: AED 35,000 a yearRenewal, May 2022: AED 35,000 a yearRenewal, May 2024: AED 51,000 a yearRenewal, May 2024: AED 51,000 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 24, and where 208 sits

All 20 2-beds →

208 last sold in February 2015 at AED 419 per sqft, 42% below what two-beds in Mazaya 24 were fetching at the time (AED 723). Over the last 12 months two-beds sold for AED 800,000 to 860,000, around AED 797 per sqft, and rent for AED 35,000 to 66,000 a year. 208's AED 51,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Oct 2026860,000
8 May 2026840,000
20 Feb 2026800,000
19 Nov 2024675,000
3 2-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
2061-bedAED 340K · Jan 2024
2071-bedAED 450K · Jan 2026
1–7 of 12

208, Mazaya 24 in numbers

  • Sold twice: first on 8 April 2009 for AED 884,910, last on 5 February 2015 for AED 442,455 (AED 419 per sqft).
  • Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 72,000 to AED 35,000 in 2022 and recovered to AED 51,000 by May 2024.
  • At AED 51,000 a year the gross yield on the 2015 price is 11.5%, before a service charge of about AED 12,700 a year (AED 12.09 per sqft).
  • Two-beds in Mazaya 24 sold for AED 800,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 804 per sqft.

Source: Dubai Land Department. Updated 16 May 2024.

Questions about 208, Mazaya 24

What did unit 208 last sell for?

AED 442,455 on 5 February 2015: AED 419 per sqft for 1,054 sqft. The unit has 2 registered sales; the first was AED 884,910 in April 2009.

What is the rent for unit 208?

AED 51,000 a year on the contract renewed on 16 May 2024. The previous contract, from May 2024, was AED 51,000; the unit has been rented since December 2014.

How big is unit 208?

1,054 sqft (97.9 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2014.

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 24 sold for AED 800,000 to 860,000 in the last 12 months, around AED 797 per sqft.

Selling 208? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 208, Mazaya 24

Starts from the last sale price (AED 442K, 5 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 442,455
Deposit, UAE resident (20%)
AED 88,491
Deposit, non-resident (40%)
AED 176,982
Monthly over 25 years at 3.7%
AED 1,810

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