1-bed · 822 sqftMazaya 26, Liwan · 9th floor · completed 2017

908, 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 908 · DLD and Ejari recordsUpdated 1 February 2019
Last soldAED 411K31 October 2017
Current rentAED 46K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Mazaya 26

What is 908 worth today?

Last sold for AED 411,131 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Feb 2019RentedNew contract
AED 46,000/yr12 months · AED 56 per sqft
20 Jan 2018RentedNew contract
AED 52,000/yr12 months · AED 63 per sqft
31 Oct 2017Sold by developerOff-plan
AED 411,131AED 500 per sqft

Source: Dubai Land Department. Updated 1 February 2019.

Key facts

Type
1-bed apartment
Size
822 sqft
Floor
9th of 9
Parking
G-50
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2017
Service charge
AED 9,600 /yr
Last sold
AED 411K · October 2017
Building
Mazaya 26

About 908, Mazaya 26

908 is a one-bedroom apartment of 822 sqft on the 9th 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 411,131, 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 since 2018 on 2 Ejari contracts. The current contract, signed on 1 February 2019, is AED 46,000 a year: a gross yield of 11.2% on the 2017 price, before the service charge of about AED 9,600 a year.

Sales and rents for 908 over time

Rents
Unit 908, 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, February 2019: AED 46,000 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 908 sits

All 72 1-beds →

908 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). 908's AED 46,000 is in the lower half 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 9th floor

All 99 units in Mazaya 26
Value
9011-bedAED 476K · Oct 2017
9021-bedAED 430K · Oct 2017
9031-bedAED 421K · Oct 2017
904StudioAED 319K · Oct 2017
9051-bedAED 398K · Oct 2017
9061-bedAED 408K · Oct 2017
9071-bedAED 455K · Oct 2017
1–7 of 10

908, 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 411,131, or AED 500 per sqft.
  • Rented since January 2018 on 2 Ejari contracts, from AED 52,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2017 price is 11.2%, before a service charge of about AED 9,600 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 1 February 2019.

Questions about 908, Mazaya 26

What did unit 908 last sell for?

AED 411,131 on 31 October 2017, sold by the developer: AED 500 per sqft for 822 sqft. It is the only registered sale of the unit.

What is the rent for unit 908?

AED 46,000 a year on the contract signed on 1 February 2019. The previous contract, from January 2018, was AED 52,000.

How big is unit 908?

822 sqft (76.4 sqm): a one-bedroom apartment on the 9th floor of a 9-storey tower completed in 2017.

What is unit 908 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 908? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 908, Mazaya 26

Starts from the last sale price (AED 411K, 31 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 411,131
Deposit, UAE resident (20%)
AED 82,226
Deposit, non-resident (40%)
AED 164,452
Monthly over 25 years at 3.7%
AED 1,682

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