2-bed · 1,090 sqftMazaya 32, Liwan · 2nd floor · completed 2015

207, Mazaya 32

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

Unit 207 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 752K28 April 2016
Current rentAED 51K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Mazaya 32

What is 207 worth today?

Last sold for AED 751,770 in 2016

Unlock today's estimate, updated daily, with

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

20 Oct 2024RentedNew contract
AED 51,000/yr12 months · AED 47 per sqft
20 Oct 2020RentedRenewal
AED 42,000/yr12 months · AED 39 per sqft
20 Oct 2019RentedRenewal
AED 49,000/yr12 months · AED 45 per sqft
20 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 50 per sqft
20 Aug 2017RentedNew contract
AED 64,000/yr12 months · AED 59 per sqft
5 May 2016RentedNew contract
AED 67,000/yr12 months · AED 62 per sqft
28 Apr 2016Sold by developerReady
AED 751,770AED 689 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
1,090 sqft
Floor
2nd of 5
Parking
G-52
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 11,600 /yr
Last sold
AED 752K · April 2016
Building
Mazaya 32

About 207, Mazaya 32

207 is a two-bedroom apartment of 1,090 sqft on the 2nd floor of Mazaya 32, a 5-storey tower in Liwan completed in 2015 by Al Mazaya Real Estate. The developer sold it on 28 April 2016 for AED 751,770, 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 October 2024, is AED 51,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 11,600 a year.

Sales and rents for 207 over time

Rents
Unit 207, 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, May 2016: AED 67,000 a yearNew contract, August 2017: AED 64,000 a yearNew contract, October 2018: AED 55,000 a yearRenewal, October 2019: AED 49,000 a yearRenewal, October 2020: AED 42,000 a yearNew contract, October 2024: 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 207 sits

All 21 2-beds →

207 last sold in April 2016 at AED 689 per sqft, in line with what two-beds in Mazaya 32 were fetching at the time (AED 689). 207'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 2nd floor

All 61 units in Mazaya 32
Value
2013-bedAED 1.12M · Apr 2016
2021-bedAED 459K · Apr 2016
2032-bedAED 768K · Apr 2016
2041-bedAED 617K · Mar 2016
2051-bedAED 577K · Mar 2016
2061-bedAED 607K · Mar 2016
2081-bedAED 459K · May 2016
1–7 of 11

207, Mazaya 32 in numbers

  • Sold once: by Al Mazaya Real Estate on 28 April 2016 for AED 751,770, or AED 689 per sqft.
  • Rented since May 2016 on 6 Ejari contracts. The rent fell from AED 67,000 to AED 42,000 in 2020 and recovered to AED 51,000 by October 2024.
  • At AED 51,000 a year the gross yield on the 2016 price is 6.8%, before a service charge of about AED 11,600 a year (AED 10.65 per sqft).

Source: Dubai Land Department. Updated 20 October 2024.

Questions about 207, Mazaya 32

What did unit 207 last sell for?

AED 751,770 on 28 April 2016, sold by the developer: AED 689 per sqft for 1,090 sqft. It is the only registered sale of the unit.

What is the rent for unit 207?

AED 51,000 a year on the contract signed on 20 October 2024. The previous contract, from October 2020, was AED 42,000; the unit has been rented since May 2016.

How big is unit 207?

1,090 sqft (101.3 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2015.

What is unit 207 worth today?

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

Selling 207? 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 207, Mazaya 32

Starts from the last sale price (AED 752K, 28 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 751,770
Deposit, UAE resident (20%)
AED 150,354
Deposit, non-resident (40%)
AED 300,708
Monthly over 25 years at 3.7%
AED 3,076

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