2-bed · 1,217 sqftMazaya 12, Liwan · 6th floor · completed 2014

602, Mazaya 12

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

Unit 602 · DLD and Ejari recordsUpdated 16 May 2025
Last soldAED 792K14 March 2016
Current rentAED 58K /yr16 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Mazaya 12

What is 602 worth today?

Last sold for AED 791,934 in 2016

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16 May 2025RentedRenewal
AED 58,000/yr12 months · AED 48 per sqft
16 May 2024RentedRenewal
AED 50,000/yr12 months · AED 41 per sqft
16 May 2023RentedNew contract
AED 50,000/yr12 months · AED 41 per sqft
1 May 2021RentedNew contract
AED 34,000/yr12 months · AED 28 per sqft
13 Apr 2019RentedNew contract
AED 52,000/yr12 months · AED 43 per sqft
15 Mar 2017RentedRenewal
AED 75,000/yr12 months · AED 62 per sqft
15 Mar 2016RentedNew contract
AED 75,000/yr12 months · AED 62 per sqft
14 Mar 2016Sold by developerReady
AED 791,934AED 650 per sqft

Source: Dubai Land Department. Updated 16 May 2025.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
6th of 6
Parking
B-33
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,900 /yr
Last sold
AED 792K · March 2016
Building
Mazaya 12

About 602, Mazaya 12

602 is a two-bedroom apartment of 1,217 sqft on the 6th floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 14 March 2016 for AED 791,934, or AED 650 per sqft, 77% above the AED 367 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 16 May 2025, is AED 58,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 11,900 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, March 2016: AED 791,934 (AED 650 per sqft)

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

Rents
Unit 602, 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 2016: AED 75,000 a yearRenewal, March 2017: AED 75,000 a yearNew contract, April 2019: AED 52,000 a yearNew contract, May 2021: AED 34,000 a yearNew contract, May 2023: AED 50,000 a yearRenewal, May 2024: AED 50,000 a yearRenewal, May 2025: AED 58,000 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 602 sits

All 30 2-beds →

602 last sold in March 2016 at AED 650 per sqft, 77% above what two-beds in Mazaya 12 were fetching at the time (AED 367).

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 6th floor

All 96 units in Mazaya 12
Value
6012-bedAED 750K · Oct 2015
6031-bedAED 595K · Apr 2017
6041-bedAED 485K · Aug 2024
6052-bedAED 594K · Sep 2024
6062-bedAED 780K · Nov 2015
6071-bedAED 410K · May 2015
6081-bedAED 410K · Sep 2017
1–7 of 15

602, Mazaya 12 in numbers

  • Sold once: by Al Mazaya Real Estate on 14 March 2016 for AED 791,934, or AED 650 per sqft.
  • Rented since March 2016 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 34,000 in 2021 and recovered to AED 58,000 by May 2025.
  • At AED 58,000 a year the gross yield on the 2016 price is 7.3%, before a service charge of about AED 11,900 a year (AED 9.78 per sqft).

Source: Dubai Land Department. Updated 16 May 2025.

Questions about 602, Mazaya 12

What did unit 602 last sell for?

AED 791,934 on 14 March 2016, sold by the developer: AED 650 per sqft for 1,217 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 58,000 a year on the contract renewed on 16 May 2025. The previous contract, from May 2024, was AED 50,000; the unit has been rented since March 2016.

How big is unit 602?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 6th floor of a 6-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 12

Starts from the last sale price (AED 792K, 14 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 791,934
Deposit, UAE resident (20%)
AED 158,387
Deposit, non-resident (40%)
AED 316,774
Monthly over 25 years at 3.7%
AED 3,240

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