1-bed · 859 sqftMazaya 26, Liwan · 8th floor · completed 2017

802, Mazaya 26

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

Unit 802 · DLD and Ejari recordsUpdated 12 June 2022
Last soldAED 430K31 October 2017
Current rentAED 36K /yr12 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Mazaya 26

What is 802 worth today?

Last sold for AED 429,699 in 2017

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12 Jun 2022RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
1 Mar 2021RentedRenewal
AED 31,000/yr12 months · AED 36 per sqft
1 Mar 2020RentedRenewal
AED 38,000/yr12 months · AED 44 per sqft
1 Mar 2019RentedRenewal
AED 43,000/yr12 months · AED 50 per sqft
31 Oct 2017Sold by developerOff-plan
AED 429,699AED 500 per sqft

Source: Dubai Land Department. Updated 12 June 2022.

Key facts

Type
1-bed apartment
Size
859 sqft
Floor
8th of 9
Parking
G-71
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2017
Service charge
AED 10,000 /yr
Last sold
AED 430K · October 2017
Building
Mazaya 26

About 802, Mazaya 26

802 is a one-bedroom apartment of 859 sqft on the 8th 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 31 October 2017 for AED 429,699, 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 2019 on 4 Ejari contracts. The current contract, signed on 12 June 2022, is AED 36,000 a year: a gross yield of 8.4% on the 2017 price, before the service charge of about AED 10,000 a year.

Sales and rents for 802 over time

Rents
Unit 802, 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 46,000Renewal, March 2019: AED 43,000 a yearRenewal, March 2020: AED 38,000 a yearRenewal, March 2021: AED 31,000 a yearNew contract, June 2022: AED 36,000 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 802 sits

All 72 1-beds →

802 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). 802's AED 36,000 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 47K /yr
Typical yield
Mazaya 26, Liwan: prices, sales and rents →

Other units on the 8th floor

All 99 units in Mazaya 26
Value
8011-bedAED 476K · Oct 2017
8031-bedAED 421K · Oct 2017
804StudioAED 319K · Oct 2017
8051-bedAED 398K · Oct 2017
8061-bedAED 408K · Oct 2017
8071-bedAED 455K · Oct 2017
8081-bedAED 411K · Oct 2017
1–7 of 10

802, Mazaya 26 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 31 October 2017 for AED 429,699, or AED 500 per sqft.
  • Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 43,000 to AED 31,000 in 2021 and recovered to AED 36,000 by June 2022.
  • At AED 36,000 a year the gross yield on the 2017 price is 8.4%, before a service charge of about AED 10,000 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 12 June 2022.

Questions about 802, Mazaya 26

What did unit 802 last sell for?

AED 429,699 on 31 October 2017, sold by the developer: AED 500 per sqft for 859 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 36,000 a year on the contract signed on 12 June 2022. The previous contract, from March 2021, was AED 31,000; the unit has been rented since March 2019.

How big is unit 802?

859 sqft (79.8 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit 802 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 802, Mazaya 26

Starts from the last sale price (AED 430K, 31 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 429,699
Deposit, UAE resident (20%)
AED 85,940
Deposit, non-resident (40%)
AED 171,880
Monthly over 25 years at 3.7%
AED 1,758

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