2-bed · 1,096 sqftMazaya 29, Liwan · 1st floor · completed 2013

108, Mazaya 29

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 21 August 2023
Last soldAED 515K21 August 2023
Current rentAED 40K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Mazaya 29

What is 108 worth today?

Last sold for AED 515,000 in 2023

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21 Aug 2023SoldReady
AED 515,000AED 469 per sqft
1 Jun 2022RentedRenewal
AED 40,000/yr12 months · AED 36 per sqft
1 Jun 2021RentedNew contract
AED 35,000/yr12 months · AED 32 per sqft
25 Dec 2018RentedNew contract
AED 49,000/yr12 months · AED 45 per sqft
1 May 2018RentedNew contract
AED 59,000/yr12 months · AED 54 per sqft
12 Mar 2018SoldReady
AED 640,000AED 583 per sqft
16 Jun 2015Sold by developerReady
AED 386,990AED 353 per sqft

Source: Dubai Land Department. Updated 21 August 2023.

Key facts

Type
2-bed apartment
Size
1,096 sqft
Floor
1st of 5
Parking
G-45
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 13,000 /yr
Last sold
AED 515K · August 2023
Building
Mazaya 29

About 108, Mazaya 29

108 is a two-bedroom apartment of 1,096 sqft on the 1st floor of Mazaya 29, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 21 August 2023 for AED 515,000, or AED 469 per sqft, 9% above the AED 430 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 40,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 13,000 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical two-bed in Mazaya 29
400K600K800K20092013201720212025Typical sale price by year: 2009 AED 764,160; 2015 AED 403,495; 2016 AED 806,283; 2018 AED 640,000; 2020 AED 495,000; 2023 AED 557,500; 2024 AED 595,000Sold by developer, June 2015: AED 386,990 (AED 353 per sqft)Sold, March 2018: AED 640,000 (AED 583 per sqft)Sold, August 2023: AED 515,000 (AED 469 per sqft)

108 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 108, each contractTypical two-bed in Mazaya 29
40K60K80K20152018202120242027Typical rent by year: 2015 AED 74,500; 2016 AED 68,805; 2017 AED 72,500; 2018 AED 58,500; 2019 AED 48,000; 2020 AED 44,000; 2021 AED 37,500; 2022 AED 41,000; 2023 AED 48,000; 2024 AED 60,000; 2025 AED 63,500; 2026 AED 68,000New contract, May 2018: AED 59,000 a yearNew contract, December 2018: AED 49,000 a yearNew contract, June 2021: AED 35,000 a yearRenewal, June 2022: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 29, and where 108 sits

All 21 2-beds →

108 last sold in August 2023 at AED 469 per sqft, 9% above what two-beds in Mazaya 29 were fetching at the time (AED 430). Over the last 12 months two-beds sold for AED 750,000, around AED 672 per sqft, and rent for AED 58,368 to 85,000 a year. 108's AED 40,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jan 2026750,000
26 Feb 2025700,000
10 Jan 2025925,000
25 Dec 2024431,273
1 2-bed sale in the last 12 months

Mazaya 29

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 5 sold in the last 12 months.

Typical price per sqft
AED 817
Typical sale
AED 520K
Typical rent
AED 51K /yr
Typical yield
7.4%
Mazaya 29, Liwan: prices, sales and rents →

Other units on the 1st floor

All 61 units in Mazaya 29
Value
1012-bedAED 340K · Feb 2018
1021-bedAED 520K · Feb 2026
1031-bedAED 450K · Oct 2024
1042-bedAED 750K · Nov 2024
1051-bedAED 509K · Oct 2026
1061-bedAED 340K · Aug 2024
1071-bedAED 50K · Mar 2023
1–7 of 12

108, Mazaya 29 in numbers

  • Sold 3 times: first on 16 June 2015 for AED 386,990, last on 21 August 2023 for AED 515,000 (AED 469 per sqft).
  • Rented since May 2018 on 4 Ejari contracts. The rent fell from AED 59,000 to AED 35,000 in 2021 and recovered to AED 40,000 by June 2022.
  • At AED 40,000 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 13,000 a year (AED 11.82 per sqft).
  • Two-beds in Mazaya 29 sold for AED 750,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 817 per sqft.

Source: Dubai Land Department. Updated 21 August 2023.

Questions about 108, Mazaya 29

What did unit 108 last sell for?

AED 515,000 on 21 August 2023: AED 469 per sqft for 1,096 sqft. The unit has 3 registered sales; the first was AED 386,990 in June 2015.

What is the rent for unit 108?

AED 40,000 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 35,000; the unit has been rented since May 2018.

How big is unit 108?

1,096 sqft (101.8 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2013.

What is unit 108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 29 sold for AED 750,000 to 750,000 in the last 12 months, around AED 672 per sqft.

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Mortgage on 108, Mazaya 29

Starts from the last sale price (AED 515K, 21 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 515,000
Deposit, UAE resident (20%)
AED 103,000
Deposit, non-resident (40%)
AED 206,000
Monthly over 25 years at 3.7%
AED 2,107

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