2-bed · 1,113 sqftMazaya 32, Liwan · 1st floor · completed 2015

101, Mazaya 32

Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 768K23 March 2016
Current rentAED 51K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Mazaya 32

What is 101 worth today?

Last sold for AED 767,738 in 2016

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20 Nov 2023RentedNew contract
AED 51,000/yr12 months · AED 46 per sqft
20 Nov 2019RentedNew contract
AED 48,000/yr12 months · AED 43 per sqft
15 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 49 per sqft
1 May 2018RentedNew contract
AED 60,000/yr12 months · AED 54 per sqft
1 Apr 2017RentedRenewal
AED 70,000/yr12 months · AED 63 per sqft
1 Apr 2016RentedNew contract
AED 70,000/yr12 months · AED 63 per sqft
23 Mar 2016Sold by developerReady
AED 767,738AED 689 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
2-bed apartment
Size
1,113 sqft
Floor
1st of 5
Parking
G-58
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 11,800 /yr
Last sold
AED 768K · March 2016
Building
Mazaya 32

About 101, Mazaya 32

101 is a two-bedroom apartment of 1,113 sqft on the 1st floor of Mazaya 32, a 5-storey tower in Liwan completed in 2015 by Al Mazaya Real Estate. The developer sold it on 23 March 2016 for AED 767,738, or AED 689 per sqft, in line with the AED 689 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 20 November 2023, is AED 51,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 11,800 a year.

Sales and rents for 101 over time

Rents
Unit 101, each contractTypical two-bed in Mazaya 32
40K60K2016201920222025Typical rent by year: 2016 AED 69,000; 2017 AED 65,000; 2018 AED 62,000; 2019 AED 56,000; 2020 AED 47,500; 2021 AED 44,000; 2022 AED 46,500; 2023 AED 51,500; 2024 AED 59,000; 2025 AED 62,000; 2026 AED 68,000New contract, April 2016: AED 70,000 a yearRenewal, April 2017: AED 70,000 a yearNew contract, May 2018: AED 60,000 a yearNew contract, October 2018: AED 55,000 a yearNew contract, November 2019: AED 48,000 a yearNew contract, November 2023: AED 51,000 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 32, and where 101 sits

All 21 2-beds →

101 last sold in March 2016 at AED 689 per sqft, in line with what two-beds in Mazaya 32 were fetching at the time (AED 689). 101's AED 51,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Dec 2016767,664
22 Nov 2016767,813
22 Sep 20161,147,976
30 Jun 2016767,813
0 2-bed sales in the last 12 months

Mazaya 32

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2015 by Al Mazaya Real Estate. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 53K /yr
Typical yield
Mazaya 32, Liwan: prices, sales and rents →

Other units on the 1st floor

All 61 units in Mazaya 32
Value
1021-bedAED 464K · May 2016
1031-bedAED 459K · May 2016
1042-bedAED 768K · Mar 2016
1051-bedAED 624K · Mar 2016
1061-bedAED 578K · Apr 2016
1071-bedAED 607K · Mar 2016
1082-bedAED 752K · Apr 2016
1–7 of 12

101, Mazaya 32 in numbers

  • Sold once: by Al Mazaya Real Estate on 23 March 2016 for AED 767,738, or AED 689 per sqft.
  • Rented since April 2016 on 6 Ejari contracts, from AED 70,000 to AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2016 price is 6.6%, before a service charge of about AED 11,800 a year (AED 10.65 per sqft).

Source: Dubai Land Department. Updated 20 November 2023.

Questions about 101, Mazaya 32

What did unit 101 last sell for?

AED 767,738 on 23 March 2016, sold by the developer: AED 689 per sqft for 1,113 sqft. It is the only registered sale of the unit.

What is the rent for unit 101?

AED 51,000 a year on the contract signed on 20 November 2023. The previous contract, from November 2019, was AED 48,000; the unit has been rented since April 2016.

How big is unit 101?

1,113 sqft (103.4 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2015.

What is unit 101 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 101, Mazaya 32

Starts from the last sale price (AED 768K, 23 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 767,738
Deposit, UAE resident (20%)
AED 153,548
Deposit, non-resident (40%)
AED 307,095
Monthly over 25 years at 3.7%
AED 3,141

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