2-bed · 219 sqftMazaya 32, Liwan · 1st floor · completed 2015

104, Mazaya 32

Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 10 April 2024
Last soldAED 768K23 March 2016
Current rentAED 65K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Mazaya 32

What is 104 worth today?

Last sold for AED 768,035 in 2016

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10 Apr 2024RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft
12 Aug 2019RentedRenewal
AED 56,000/yr12 months · AED 50 per sqft
12 Aug 2018RentedRenewal
AED 64,000/yr12 months · AED 57 per sqft
12 Aug 2017RentedNew contract
AED 64,000/yr12 months · AED 57 per sqft
23 Mar 2016Sold by developerReady
AED 768,035AED 3,514 per sqft

Source: Dubai Land Department. Updated 10 April 2024.

Key facts

Type
2-bed apartment
Size
219 sqft
Floor
1st of 5
Parking
G-63
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 2,300 /yr
Last sold
AED 768K · March 2016
Building
Mazaya 32

About 104, Mazaya 32

104 is a two-bedroom apartment of 219 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 768,035, or AED 3,514 per sqft, 410% above the AED 689 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 10 April 2024, is AED 65,000 a year: a gross yield of 8.5% on the 2016 price, before the service charge of about AED 2,300 a year.

Sales and rents for 104 over time

Rents
Unit 104, 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, August 2017: AED 64,000 a yearRenewal, August 2018: AED 64,000 a yearRenewal, August 2019: AED 56,000 a yearNew contract, April 2024: AED 65,000 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 104 sits

All 21 2-beds →

104 last sold in March 2016 at AED 3,514 per sqft, 410% above what two-beds in Mazaya 32 were fetching at the time (AED 689). 104's AED 65,000 is in the lower half 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
1012-bedAED 768K · Mar 2016
1021-bedAED 464K · May 2016
1031-bedAED 459K · May 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

104, Mazaya 32 in numbers

  • Sold once: by Al Mazaya Real Estate on 23 March 2016 for AED 768,035, or AED 3,514 per sqft.
  • Rented since August 2017 on 4 Ejari contracts. The rent fell from AED 64,000 to AED 56,000 in 2019 and recovered to AED 65,000 by April 2024.
  • At AED 65,000 a year the gross yield on the 2016 price is 8.5%, before a service charge of about AED 2,300 a year (AED 10.65 per sqft).

Source: Dubai Land Department. Updated 10 April 2024.

Questions about 104, Mazaya 32

What did unit 104 last sell for?

AED 768,035 on 23 March 2016, sold by the developer: AED 3,514 per sqft for 219 sqft. It is the only registered sale of the unit.

What is the rent for unit 104?

AED 65,000 a year on the contract signed on 10 April 2024. The previous contract, from August 2019, was AED 56,000; the unit has been rented since August 2017.

How big is unit 104?

219 sqft (20.3 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2015.

What is unit 104 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 104, 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 768,035
Deposit, UAE resident (20%)
AED 153,607
Deposit, non-resident (40%)
AED 307,214
Monthly over 25 years at 3.7%
AED 3,142

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