2-bed · 1,118 sqftMazaya 31, Liwan · 1st floor · completed 2013

111, Mazaya 31

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 13 April 2023
Last soldAED 550K13 April 2023
Current rentAED 59K /yr11 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Mazaya 31

What is 111 worth today?

Last sold for AED 550,000 in 2023

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13 Apr 2023SoldReady
AED 550,000AED 492 per sqft
11 Sep 2018RentedRenewal
AED 59,000/yr12 months · AED 53 per sqft
10 Sep 2017RentedRenewal
AED 57,839/yr12 months · AED 52 per sqft
10 Sep 2016RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft
6 Oct 2015RentedNew contract
AED 70,000/yr12 months · AED 63 per sqft
24 Nov 2014SoldReady
AED 412,404AED 368 per sqft
5 May 2009Sold by developerOff-plan
AED 824,807AED 737 per sqft

Source: Dubai Land Department. Updated 13 April 2023.

Key facts

Type
2-bed apartment
Size
1,118 sqft
Floor
1st of 5
Parking
G-41
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 12,400 /yr
Last sold
AED 550K · April 2023
Building
Mazaya 31

About 111, Mazaya 31

111 is a two-bedroom apartment of 1,118 sqft on the 1st floor of Mazaya 31, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 13 April 2023 for AED 550,000, or AED 492 per sqft, 8% above the AED 457 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 11 September 2018, is AED 59,000 a year: a gross yield of 10.7% on the 2023 price, before the service charge of about AED 12,400 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical two-bed in Mazaya 31
400K600K800K2009201420192024Typical sale price by year: 2009 AED 821,269; 2014 AED 449,370; 2015 AED 447,348; 2018 AED 517,500; 2022 AED 705,000; 2023 AED 575,000; 2024 AED 650,000; 2025 AED 820,000; 2026 AED 820,000Sold by developer, May 2009: AED 824,807 (AED 737 per sqft)Sold, November 2014: AED 412,404 (AED 368 per sqft)Sold, April 2023: AED 550,000 (AED 492 per sqft)

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

Rents
Unit 111, each contractTypical two-bed in Mazaya 31
40K60K80K2014201820222026Typical rent by year: 2014 AED 75,000; 2015 AED 70,000; 2016 AED 71,000; 2017 AED 60,500; 2018 AED 57,000; 2019 AED 46,500; 2020 AED 38,500; 2021 AED 37,750; 2022 AED 41,000; 2023 AED 50,000; 2024 AED 55,200; 2025 AED 64,000; 2026 AED 66,500New contract, October 2015: AED 70,000 a yearNew contract, September 2016: AED 65,000 a yearRenewal, September 2017: AED 57,839 a yearRenewal, September 2018: AED 59,000 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 31, and where 111 sits

All 21 2-beds →

111 last sold in April 2023 at AED 492 per sqft, 8% above what two-beds in Mazaya 31 were fetching at the time (AED 457). Over the last 12 months two-beds sold for AED 750,000 to 830,000, around AED 734 per sqft, and rent for AED 55,790 to 90,000 a year. 111's AED 59,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jun 2026820,000
12 Mar 2026830,000
20 Jan 2026750,000
24 Oct 2025820,000
3 2-bed sales in the last 12 months

Mazaya 31

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 9 sold in the last 12 months.

Typical price per sqft
AED 718
Typical sale
AED 615K
Typical rent
AED 55K /yr
Typical yield
8.7%
Mazaya 31, Liwan: prices, sales and rents →

Other units on the 1st floor

All 61 units in Mazaya 31
Value
1012-bedAED 750K · Jan 2026
1021-bedAED 490K · Jun 2016
1031-bedAED 238K · Feb 2016
1042-bedAED 405K · Jan 2015
1051-bedAED 615K · Aug 2026
1061-bedAED 380K · Jul 2024
1071-bedAED 355K · Sep 2021
1–7 of 12

111, Mazaya 31 in numbers

  • Sold 3 times: first on 5 May 2009 for AED 824,807, last on 13 April 2023 for AED 550,000 (AED 492 per sqft).
  • Rented since October 2015 on 4 Ejari contracts, from AED 70,000 to AED 59,000 a year.
  • At AED 59,000 a year the gross yield on the 2023 price is 10.7%, before a service charge of about AED 12,400 a year (AED 11.07 per sqft).
  • Two-beds in Mazaya 31 sold for AED 750,000–830,000 in the 12 months to November 2026; the building's median across all types is AED 718 per sqft.

Source: Dubai Land Department. Updated 13 April 2023.

Questions about 111, Mazaya 31

What did unit 111 last sell for?

AED 550,000 on 13 April 2023: AED 492 per sqft for 1,118 sqft. The unit has 3 registered sales; the first was AED 824,807 in May 2009.

What is the rent for unit 111?

AED 59,000 a year on the contract renewed on 11 September 2018. The previous contract, from September 2017, was AED 57,839; the unit has been rented since October 2015.

How big is unit 111?

1,118 sqft (103.9 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2013.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 31 sold for AED 750,000 to 830,000 in the last 12 months, around AED 734 per sqft.

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Mortgage on 111, Mazaya 31

Starts from the last sale price (AED 550K, 13 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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