2-bed · 1,239 sqftMazaya 02, Liwan · 6th floor · completed 2014

602, Mazaya 02

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 19 December 2024
Last soldAED 780K19 December 2024
Current rentAED 38K /yr20 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Mazaya 02

What is 602 worth today?

Last sold for AED 780,000 in 2024

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19 Dec 2024SoldReady
AED 780,000AED 629 per sqft
20 Aug 2023RentedRenewal
AED 38,000/yr12 months · AED 31 per sqft
20 Aug 2022RentedRenewal
AED 38,000/yr12 months · AED 31 per sqft
20 Aug 2021RentedRenewal
AED 38,000/yr12 months · AED 31 per sqft
25 Aug 2019RentedRenewal
AED 50,000/yr12 months · AED 40 per sqft
25 Aug 2018RentedRenewal
AED 56,000/yr12 months · AED 45 per sqft
8 Mar 2018SoldReady
AED 496,013AED 400 per sqft
24 Aug 2015Sold by developerOff-plan
AED 496,013AED 400 per sqft

Source: Dubai Land Department. Updated 19 December 2024.

Key facts

Type
2-bed apartment
Size
1,239 sqft
Floor
6th of 9
Parking
G-47
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 780K · December 2024
Building
Mazaya 02

About 602, Mazaya 02

602 is a two-bedroom apartment of 1,239 sqft on the 6th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 19 December 2024 for AED 780,000, or AED 629 per sqft, 15% above the AED 547 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 20 August 2023, is AED 38,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 11,800 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Mazaya 02
500K750K1M2009201420192024Typical sale price by year: 2009 AED 926,448; 2015 AED 456,690; 2017 AED 860,022; 2018 AED 449,453; 2019 AED 750,000; 2023 AED 694,500; 2024 AED 730,000; 2025 AED 717,500Sold by developer, August 2015: AED 496,013 (AED 400 per sqft)Sold, March 2018: AED 496,013 (AED 400 per sqft)Sold, December 2024: AED 780,000 (AED 629 per sqft)

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

Rents
Unit 602, each contractTypical two-bed in Mazaya 02
40K60K2017202020232026Typical rent by year: 2017 AED 67,636; 2018 AED 62,000; 2019 AED 53,500; 2020 AED 48,966; 2021 AED 39,950; 2022 AED 43,000; 2023 AED 47,300; 2024 AED 54,669; 2025 AED 67,000Renewal, August 2018: AED 56,000 a yearRenewal, August 2019: AED 50,000 a yearRenewal, August 2021: AED 38,000 a yearRenewal, August 2022: AED 38,000 a yearRenewal, August 2023: AED 38,000 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 02, and where 602 sits

All 28 2-beds →

602 last sold in December 2024 at AED 629 per sqft, 15% above what two-beds in Mazaya 02 were fetching at the time (AED 547). 602's AED 38,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Apr 2025777,898
28 Apr 2025695,000
31 Jan 2025710,000
23 Jan 2025725,000
0 2-bed sales in the last 12 months

Mazaya 02

Building

91 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 751
Typical sale
AED 550K
Typical rent
AED 58K /yr
Typical yield
7.8%
Mazaya 02, Liwan: prices, sales and rents →

Other units on the 6th floor

All 91 units in Mazaya 02
Value
6011-bedAED 474K · Aug 2016
6032-bedAED 690K · Feb 2024
6041-bedAED 400K · Jun 2022
6051-bedAED 670K · Jun 2016
6061-bedAED 445K · Jun 2025
6071-bedAED 523K · May 2009
6081-bedAED 266K · Jan 2018
1–7 of 11

602, Mazaya 02 in numbers

  • Sold 3 times: first on 24 August 2015 for AED 496,013, last on 19 December 2024 for AED 780,000 (AED 629 per sqft).
  • Rented since August 2018 on 5 Ejari contracts, from AED 56,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 11,800 a year (AED 9.51 per sqft).

Source: Dubai Land Department. Updated 19 December 2024.

Questions about 602, Mazaya 02

What did unit 602 last sell for?

AED 780,000 on 19 December 2024: AED 629 per sqft for 1,239 sqft. The unit has 3 registered sales; the first was AED 496,013 in August 2015.

What is the rent for unit 602?

AED 38,000 a year on the contract renewed on 20 August 2023. The previous contract, from August 2022, was AED 38,000; the unit has been rented since August 2018.

How big is unit 602?

1,239 sqft (115.1 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2014.

What is unit 602 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 602, Mazaya 02

Starts from the last sale price (AED 780K, 19 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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