1-bed · 822 sqftMazaya 26, Liwan · 1st floor · completed 2017

108, Mazaya 26

Sold prices and rental history: sold once, by the developer in October 2017, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 1 April 2023
Last soldAED 411K17 October 2017
Current rentAED 35K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Mazaya 26

What is 108 worth today?

Last sold for AED 411,131 in 2017

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1 Apr 2023RentedNew contract
AED 34,500/yr12 months · AED 42 per sqft
1 Mar 2021RentedNew contract
AED 31,000/yr13 months · AED 38 per sqft
1 Apr 2019RentedNew contract
AED 40,000/yr12 months · AED 49 per sqft
17 Oct 2017Sold by developerOff-plan
AED 411,131AED 500 per sqft

Source: Dubai Land Department. Updated 1 April 2023.

Key facts

Type
1-bed apartment
Size
822 sqft
Floor
1st of 9
Parking
G-19
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2017
Service charge
AED 9,600 /yr
Last sold
AED 411K · October 2017
Building
Mazaya 26

About 108, Mazaya 26

108 is a one-bedroom apartment of 822 sqft on the 1st floor of Mazaya 26, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 17 October 2017 for AED 411,131, or AED 500 per sqft, in line with the AED 500 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 April 2023, is AED 34,500 a year: a gross yield of 8.4% on the 2017 price, before the service charge of about AED 9,600 a year.

Sales and rents for 108 over time

Rents
Unit 108, each contractTypical one-bed in Mazaya 26
30K40K50K2018202120242027Typical rent by year: 2018 AED 51,000; 2019 AED 44,000; 2020 AED 38,000; 2021 AED 32,000; 2022 AED 34,000; 2023 AED 37,000; 2024 AED 41,500; 2025 AED 44,500; 2026 AED 46,000New contract, April 2019: AED 40,000 a yearNew contract, March 2021: AED 31,000 a yearNew contract, April 2023: AED 34,500 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 26, and where 108 sits

All 72 1-beds →

108 last sold in October 2017 at AED 500 per sqft, in line with what one-beds in Mazaya 26 were fetching at the time (AED 500). 108's AED 34,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
31 Oct 2017454,779
31 Oct 2017407,794
31 Oct 2017411,131
31 Oct 2017475,661
0 1-bed sales in the last 12 months

Mazaya 26

Building

99 apartments, studios to 2-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 48K /yr
Typical yield
Mazaya 26, Liwan: prices, sales and rents →

Other units on the 1st floor

All 99 units in Mazaya 26
Value
1011-bedAED 476K · Oct 2017
1021-bedAED 430K · Oct 2017
1031-bedAED 421K · Oct 2017
104StudioAED 319K · Oct 2017
1051-bedAED 398K · Oct 2017
1061-bedAED 408K · Oct 2017
1071-bedAED 453K · Oct 2017
1–7 of 10

108, Mazaya 26 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 17 October 2017 for AED 411,131, or AED 500 per sqft.
  • Rented since April 2019 on 3 Ejari contracts. The rent fell from AED 40,000 to AED 31,000 in 2021 and recovered to AED 34,500 by April 2023.
  • At AED 34,500 a year the gross yield on the 2017 price is 8.4%, before a service charge of about AED 9,600 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 1 April 2023.

Questions about 108, Mazaya 26

What did unit 108 last sell for?

AED 411,131 on 17 October 2017, sold by the developer: AED 500 per sqft for 822 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 34,500 a year on the contract signed on 1 April 2023. The previous contract, from March 2021, was AED 31,000; the unit has been rented since April 2019.

How big is unit 108?

822 sqft (76.4 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower completed in 2017.

What is unit 108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 108, Mazaya 26

Starts from the last sale price (AED 411K, 17 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 411,131
Deposit, UAE resident (20%)
AED 82,226
Deposit, non-resident (40%)
AED 164,452
Monthly over 25 years at 3.7%
AED 1,682

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