3-bed · 1,549 sqftMazaya 07, Liwan · 6th floor · completed 2017

614, Mazaya 07

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 1.2M23 October 2014
Current rentAED 80K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, Mazaya 07

What is 614 worth today?

Last sold for AED 1,203,348 in 2014

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10 Sep 2024RentedRenewal
AED 80,000/yr12 months · AED 52 per sqft
10 Sep 2023RentedRenewal
AED 70,000/yr12 months · AED 45 per sqft
10 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 42 per sqft
1 Jan 2020RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
1 Jan 2019RentedRenewal
AED 80,000/yr12 months · AED 52 per sqft
23 Oct 2014Sold by developerOff-plan
AED 1,203,348AED 776 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
3-bed apartment
Size
1,549 sqft
Floor
6th of 9
Parking
G-92
Developer
Al Mazaya Holding Company
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 1.2M · October 2014
Building
Mazaya 07

About 614, Mazaya 07

614 is a three-bedroom apartment of 1,549 sqft on the 6th floor of Mazaya 07, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Holding Company. The developer sold it on 23 October 2014 for AED 1,203,348, or AED 776 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 80,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 17,200 a year.

Sales and rents for 614 over time

Rents
Unit 614, each contractTypical three-bed in Mazaya 07
60K80K2017202020232026Typical rent by year: 2017 AED 82,000; 2018 AED 83,000; 2019 AED 74,700; 2020 AED 61,750; 2021 AED 60,000; 2022 AED 61,750; 2025 AED 90,000Renewal, January 2019: AED 80,000 a yearNew contract, January 2020: AED 75,000 a yearNew contract, September 2022: AED 65,000 a yearRenewal, September 2023: AED 70,000 a yearRenewal, September 2024: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Mazaya 07, and where 614 sits

All 9 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
31 Oct 20241,170,000
19 Nov 2020720,000
8 Nov 20161,000,000
26 Sep 20161,001,187
0 3-bed sales in the last 12 months

Mazaya 07

Building

126 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Holding Company. 1 sold in the last 12 months.

Typical price per sqft
AED 749
Typical sale
AED 620K
Typical rent
AED 46K /yr
Typical yield
8.7%
Mazaya 07, Liwan: prices, sales and rents →

Other units on the 6th floor

All 126 units in Mazaya 07
Value
6011-bedAED 547K · Oct 2014
6021-bedAED 543K · Oct 2014
6031-bedAED 543K · Oct 2014
6041-bedAED 542K · Oct 2014
6052-bedAED 831K · Oct 2014
6061-bedAED 732K · Oct 2014
6071-bedAED 699K · Oct 2014
1–7 of 13

614, Mazaya 07 in numbers

  • Sold once: by Al Mazaya Holding Company on 23 October 2014 for AED 1,203,348, or AED 776 per sqft.
  • Rented since January 2019 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2022 and recovered to AED 80,000 by September 2024.
  • At AED 80,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 17,200 a year (AED 11.08 per sqft).

Source: Dubai Land Department. Updated 10 September 2024.

Questions about 614, Mazaya 07

What did unit 614 last sell for?

AED 1,203,348 on 23 October 2014, sold by the developer: AED 776 per sqft for 1,549 sqft. It is the only registered sale of the unit.

What is the rent for unit 614?

AED 80,000 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 70,000; the unit has been rented since January 2019.

How big is unit 614?

1,549 sqft (143.9 sqm): a three-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit 614 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 614, Mazaya 07

Starts from the last sale price (AED 1.2M, 23 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,203,348
Deposit, UAE resident (20%)
AED 240,670
Deposit, non-resident (40%)
AED 481,339
Monthly over 25 years at 3.7%
AED 4,923

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