1-bed · 855 sqftMazaya 26, Liwan · 6th floor · completed 2017

611, 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 611 · DLD and Ejari recordsUpdated 1 February 2022
Last soldAED 427K24 October 2017
Current rentAED 38K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Mazaya 26

What is 611 worth today?

Last sold for AED 427,492 in 2017

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1 Feb 2022RentedRenewal
AED 37,813/yr48 months · AED 44 per sqft
1 Jan 2021RentedNew contract
AED 33,000/yr13 months · AED 39 per sqft
12 Apr 2020RentedNew contract
AED 37,000/yr12 months · AED 43 per sqft
1 Apr 2019RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
20 Jan 2018RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft
24 Oct 2017Sold by developerOff-plan
AED 427,492AED 500 per sqft

Source: Dubai Land Department. Updated 1 February 2022.

Key facts

Type
1-bed apartment
Size
855 sqft
Floor
6th of 9
Parking
G-10
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2017
Service charge
AED 9,900 /yr
Last sold
AED 427K · October 2017
Building
Mazaya 26

About 611, Mazaya 26

611 is a one-bedroom apartment of 855 sqft on the 6th 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 24 October 2017 for AED 427,492, 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 5 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 37,813 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 9,900 a year.

Sales and rents for 611 over time

Rents
Unit 611, 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, January 2018: AED 52,000 a yearNew contract, April 2019: AED 40,000 a yearNew contract, April 2020: AED 37,000 a yearNew contract, January 2021: AED 33,000 a yearRenewal, February 2022: AED 37,813 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 611 sits

All 72 1-beds →

611 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). 611's AED 37,813 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 6th floor

All 99 units in Mazaya 26
Value
6011-bedAED 476K · Oct 2017
6021-bedAED 430K · Oct 2017
6031-bedAED 421K · Oct 2017
604StudioAED 319K · Oct 2017
6051-bedAED 398K · Oct 2017
6061-bedAED 408K · Oct 2017
6071-bedAED 455K · Oct 2017
1–7 of 10

611, Mazaya 26 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 24 October 2017 for AED 427,492, or AED 500 per sqft.
  • Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 52,000 to AED 33,000 in 2021 and recovered to AED 37,813 by February 2022.
  • At AED 37,813 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 9,900 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 1 February 2022.

Questions about 611, Mazaya 26

What did unit 611 last sell for?

AED 427,492 on 24 October 2017, sold by the developer: AED 500 per sqft for 855 sqft. It is the only registered sale of the unit.

What is the rent for unit 611?

AED 37,813 a year on the contract renewed on 1 February 2022. The previous contract, from January 2021, was AED 33,000; the unit has been rented since January 2018.

How big is unit 611?

855 sqft (79.4 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit 611 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 611, Mazaya 26

Starts from the last sale price (AED 427K, 24 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 427,492
Deposit, UAE resident (20%)
AED 85,498
Deposit, non-resident (40%)
AED 170,997
Monthly over 25 years at 3.7%
AED 1,749

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