2-bed · 1,217 sqftMazaya 12, Liwan · 2nd floor · completed 2014

202, Mazaya 12

Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 730K15 November 2015
Current rentAED 55K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Mazaya 12

What is 202 worth today?

Last sold for AED 729,990 in 2015

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1 Dec 2023RentedNew contract
AED 55,000/yr12 months · AED 45 per sqft
22 Jul 2023RentedNew contract
AED 51,000/yr12 months · AED 42 per sqft
16 Mar 2022RentedRenewal
AED 43,000/yr12 months · AED 35 per sqft
16 Mar 2021RentedRenewal
AED 40,000/yr12 months · AED 33 per sqft
16 Mar 2020RentedNew contract
AED 43,000/yr12 months · AED 35 per sqft
8 Mar 2018RentedRenewal
AED 63,000/yr12 months · AED 52 per sqft
8 Mar 2017RentedNew contract
AED 75,000/yr12 months · AED 62 per sqft
15 Nov 2015Sold by developerReady
AED 729,990AED 600 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
2nd of 6
Parking
G-23
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,900 /yr
Last sold
AED 730K · November 2015
Building
Mazaya 12

About 202, Mazaya 12

202 is a two-bedroom apartment of 1,217 sqft on the 2nd floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 15 November 2015 for AED 729,990, or AED 600 per sqft, 4% below the AED 625 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 December 2023, is AED 55,000 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 11,900 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in Mazaya 12
600K700K800K20092013201720212025Typical sale price by year: 2009 AED 777,695; 2014 AED 742,552; 2015 AED 729,990; 2016 AED 767,500; 2019 AED 600,000; 2024 AED 599,380Sold by developer, November 2015: AED 729,990 (AED 600 per sqft)

202 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 202, each contractTypical two-bed in Mazaya 12
40K60K80K2015201820212024Typical rent by year: 2015 AED 72,000; 2016 AED 71,000; 2017 AED 66,820; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 35,500; 2022 AED 39,000; 2023 AED 47,500; 2024 AED 56,000; 2025 AED 59,000New contract, March 2017: AED 75,000 a yearRenewal, March 2018: AED 63,000 a yearNew contract, March 2020: AED 43,000 a yearRenewal, March 2021: AED 40,000 a yearRenewal, March 2022: AED 43,000 a yearNew contract, July 2023: AED 51,000 a yearNew contract, December 2023: AED 55,000 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 12, and where 202 sits

All 30 2-beds →

202 last sold in November 2015 at AED 600 per sqft, 4% below what two-beds in Mazaya 12 were fetching at the time (AED 625).

Recent 2-bed salesUnit no.Price (AED)Summary
22 Nov 2024680,000
8 Nov 2024775,000
9 Sep 2024593,760
26 Aug 2024593,760
0 2-bed sales in the last 12 months

Mazaya 12

Building

96 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 1 sold in the last 12 months.

Typical price per sqft
AED 603
Typical sale
AED 600K
Typical rent
AED 50K /yr
Typical yield
10.9%
Mazaya 12, Liwan: prices, sales and rents →

Other units on the 2nd floor

All 96 units in Mazaya 12
Value
2012-bedAED 769K · May 2009
2031-bedAED 572K · Jan 2009
2041-bedAED 286K · Jun 2015
2052-bedAED 590K · Jun 2024
2062-bedAED 530K · Jun 2023
2071-bedAED 178K · Feb 2009
2081-bedAED 178K · Feb 2009
1–7 of 15

202, Mazaya 12 in numbers

  • Sold once: by Al Mazaya Real Estate on 15 November 2015 for AED 729,990, or AED 600 per sqft.
  • Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 40,000 in 2021 and recovered to AED 55,000 by December 2023.
  • At AED 55,000 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 11,900 a year (AED 9.78 per sqft).

Source: Dubai Land Department. Updated 1 December 2023.

Questions about 202, Mazaya 12

What did unit 202 last sell for?

AED 729,990 on 15 November 2015, sold by the developer: AED 600 per sqft for 1,217 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 55,000 a year on the contract signed on 1 December 2023. The previous contract, from July 2023, was AED 51,000; the unit has been rented since March 2017.

How big is unit 202?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 202 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 202, Mazaya 12

Starts from the last sale price (AED 730K, 15 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 729,990
Deposit, UAE resident (20%)
AED 145,998
Deposit, non-resident (40%)
AED 291,996
Monthly over 25 years at 3.7%
AED 2,987

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