1-bed · 910 sqftMazaya 26, Liwan · 2nd floor · completed 2017

207, Mazaya 26

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

Unit 207 · DLD and Ejari recordsUpdated 10 November 2020
Last soldAED 455K17 October 2017
Current rentAED 33K /yr10 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Mazaya 26

What is 207 worth today?

Last sold for AED 454,779 in 2017

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10 Nov 2020RentedNew contract
AED 33,000/yr12 months · AED 36 per sqft
15 Feb 2020RentedRenewal
AED 40,000/yr12 months · AED 44 per sqft
15 Feb 2019RentedRenewal
AED 48,000/yr12 months · AED 53 per sqft
15 Feb 2018RentedNew contract
AED 52,000/yr12 months · AED 57 per sqft
17 Oct 2017Sold by developerOff-plan
AED 454,779AED 500 per sqft

Source: Dubai Land Department. Updated 10 November 2020.

Key facts

Type
1-bed apartment
Size
910 sqft
Floor
2nd of 9
Parking
G-85
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2017
Service charge
AED 10,600 /yr
Last sold
AED 455K · October 2017
Building
Mazaya 26

About 207, Mazaya 26

207 is a one-bedroom apartment of 910 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 454,779, 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 continuously since 2018 on 4 Ejari contracts. The current contract, signed on 10 November 2020, is AED 33,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 10,600 a year.

Sales and rents for 207 over time

Rents
Unit 207, 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, February 2018: AED 52,000 a yearRenewal, February 2019: AED 48,000 a yearRenewal, February 2020: AED 40,000 a yearNew contract, November 2020: AED 33,000 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 26, and where 207 sits

All 72 1-beds →

207 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). 207's AED 33,000 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 2nd floor

All 99 units in Mazaya 26
Value
2011-bedAED 476K · Oct 2017
2021-bedAED 430K · Oct 2017
2031-bedAED 421K · Oct 2017
204StudioAED 319K · Oct 2017
2051-bedAED 398K · Oct 2017
2061-bedAED 408K · Oct 2017
2081-bedAED 411K · Oct 2017
1–7 of 10

207, 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 454,779, or AED 500 per sqft.
  • Rented since February 2018 on 4 Ejari contracts, from AED 52,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 10,600 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 10 November 2020.

Questions about 207, Mazaya 26

What did unit 207 last sell for?

AED 454,779 on 17 October 2017, sold by the developer: AED 500 per sqft for 910 sqft. It is the only registered sale of the unit.

What is the rent for unit 207?

AED 33,000 a year on the contract signed on 10 November 2020. The previous contract, from February 2020, was AED 40,000; the unit has been rented since February 2018.

How big is unit 207?

910 sqft (84.5 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2017.

What is unit 207 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 207, Mazaya 26

Starts from the last sale price (AED 455K, 17 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 454,779
Deposit, UAE resident (20%)
AED 90,956
Deposit, non-resident (40%)
AED 181,912
Monthly over 25 years at 3.7%
AED 1,861

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