1-bed · 855 sqftMazaya 26, Liwan · 8th floor · completed 2017

811, 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 811 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 427K31 October 2017
Current rentAED 39K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 811, Mazaya 26

What is 811 worth today?

Last sold for AED 427,492 in 2017

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15 Sep 2024RentedNew contract
AED 39,000/yr12 months · AED 46 per sqft
15 Mar 2021RentedNew contract
AED 31,000/yr12 months · AED 36 per sqft
15 Mar 2019RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
1 Feb 2018RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft
31 Oct 2017Sold by developerOff-plan
AED 427,492AED 500 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
855 sqft
Floor
8th of 9
Parking
G-12
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 811, Mazaya 26

811 is a one-bedroom apartment of 855 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 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 4 Ejari contracts. The current contract, signed on 15 September 2024, is AED 39,000 a year: a gross yield of 9.1% on the 2017 price, before the service charge of about AED 9,900 a year.

Sales and rents for 811 over time

Rents
Unit 811, 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 yearNew contract, March 2019: AED 40,000 a yearNew contract, March 2021: AED 31,000 a yearNew contract, September 2024: AED 39,000 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 811 sits

All 72 1-beds →

811 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). 811's AED 39,000 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 8th floor

All 99 units in Mazaya 26
Value
8011-bedAED 476K · Oct 2017
8021-bedAED 430K · 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
1–7 of 10

811, 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 427,492, or AED 500 per sqft.
  • Rented since February 2018 on 4 Ejari contracts. The rent fell from AED 52,000 to AED 31,000 in 2021 and recovered to AED 39,000 by September 2024.
  • At AED 39,000 a year the gross yield on the 2017 price is 9.1%, before a service charge of about AED 9,900 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 15 September 2024.

Questions about 811, Mazaya 26

What did unit 811 last sell for?

AED 427,492 on 31 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 811?

AED 39,000 a year on the contract signed on 15 September 2024. The previous contract, from March 2021, was AED 31,000; the unit has been rented since February 2018.

How big is unit 811?

855 sqft (79.4 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit 811 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 811, Mazaya 26

Starts from the last sale price (AED 427K, 31 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 →