Studio · 639 sqftMazaya 26, Liwan · 2nd floor · completed 2017

204, Mazaya 26

Sold prices and rental history: sold once, by the developer in October 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 1 September 2021
Last soldAED 319K17 October 2017
Current rentAED 29K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Mazaya 26

What is 204 worth today?

Last sold for AED 319,314 in 2017

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1 Sep 2021RentedRenewal
AED 29,100/yr60 months · AED 46 per sqft
1 Sep 2020RentedNew contract
AED 28,000/yr12 months · AED 44 per sqft
1 Jan 2018RentedNew contract
AED 40,000/yr12 months · AED 63 per sqft
17 Oct 2017Sold by developerOff-plan
AED 319,314AED 500 per sqft

Source: Dubai Land Department. Updated 1 September 2021.

Key facts

Type
Studio apartment
Size
639 sqft
Floor
2nd of 9
Parking
G-30
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2017
Service charge
AED 7,400 /yr
Last sold
AED 319K · October 2017
Building
Mazaya 26

About 204, Mazaya 26

204 is a studio of 639 sqft on the 2nd 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 319,314, or AED 500 per sqft.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 29,100 a year: a gross yield of 9.1% on the 2017 price, before the service charge of about AED 7,400 a year.

Sales and rents for 204 over time

Rents
Unit 204, each contractTypical studio in Mazaya 26
30K40K2018202120242027Typical rent by year: 2018 AED 40,000; 2019 AED 36,000; 2020 AED 28,000; 2021 AED 24,000; 2022 AED 26,000; 2023 AED 29,000; 2024 AED 34,500; 2025 AED 33,000; 2026 AED 40,000New contract, January 2018: AED 40,000 a yearNew contract, September 2020: AED 28,000 a yearRenewal, September 2021: AED 29,100 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mazaya 26, and where 204 sits

All 9 studios →

204's AED 29,100 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
31 Oct 2017319,314
31 Oct 2017319,314
29 Oct 2017319,314
29 Oct 2017319,314
0 studio 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 2nd floor

All 99 units in Mazaya 26
Value
2011-bedAED 476K · Oct 2017
2021-bedAED 430K · Oct 2017
2031-bedAED 421K · Oct 2017
2051-bedAED 398K · Oct 2017
2061-bedAED 408K · Oct 2017
2071-bedAED 455K · Oct 2017
2081-bedAED 411K · Oct 2017
1–7 of 10

204, 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 319,314, or AED 500 per sqft.
  • Rented since January 2018 on 3 Ejari contracts, from AED 40,000 to AED 29,100 a year.
  • At AED 29,100 a year the gross yield on the 2017 price is 9.1%, before a service charge of about AED 7,400 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 1 September 2021.

Questions about 204, Mazaya 26

What did unit 204 last sell for?

AED 319,314 on 17 October 2017, sold by the developer: AED 500 per sqft for 639 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 29,100 a year on the contract renewed on 1 September 2021. The previous contract, from September 2020, was AED 28,000; the unit has been rented since January 2018.

How big is unit 204?

639 sqft (59.4 sqm): a studio on the 2nd floor of a 9-storey tower completed in 2017.

What is unit 204 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 204, Mazaya 26

Starts from the last sale price (AED 319K, 17 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 319,314
Deposit, UAE resident (20%)
AED 63,863
Deposit, non-resident (40%)
AED 127,726
Monthly over 25 years at 3.7%
AED 1,306

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