2-bed · 1,526 sqftMazaya 15, Liwan · 10th floor · completed 2014

1005, Mazaya 15

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

Unit 1005 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 992K27 July 2015
Current rentAED 64K /yr18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Mazaya 15

What is 1005 worth today?

Last sold for AED 992,000 in 2015

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18 Oct 2024RentedRenewal
AED 64,000/yr12 months · AED 42 per sqft
18 Oct 2023RentedRenewal
AED 57,500/yr12 months · AED 38 per sqft
18 Oct 2022RentedRenewal
AED 52,000/yr12 months · AED 34 per sqft
18 Oct 2021RentedRenewal
AED 52,000/yr12 months · AED 34 per sqft
18 Oct 2020RentedRenewal
AED 57,000/yr12 months · AED 37 per sqft
18 Oct 2019RentedRenewal
AED 64,000/yr12 months · AED 42 per sqft
18 Oct 2015RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
27 Jul 2015Sold by developerReady
AED 992,000AED 650 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
2-bed apartment
Size
1,526 sqft
Floor
10th of 10
Parking
G-78
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 14,700 /yr
Last sold
AED 992K · July 2015
Building
Mazaya 15

About 1005, Mazaya 15

1005 is a two-bedroom apartment of 1,526 sqft on the 10th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 27 July 2015 for AED 992,000, or AED 650 per sqft, 70% above the AED 382 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 18 October 2024, is AED 64,000 a year: a gross yield of 6.5% on the 2015 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical two-bed in Mazaya 15
600K800K1M2009201420192024Typical sale price by year: 2009 AED 815,687; 2015 AED 584,072; 2016 AED 650,158; 2017 AED 1,000,000; 2024 AED 800,000; 2025 AED 935,000Sold by developer, July 2015: AED 992,000 (AED 650 per sqft)

1005 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1005, each contractTypical two-bed in Mazaya 15
50K75K20152018202120242027Typical rent by year: 2015 AED 85,000; 2016 AED 80,000; 2017 AED 67,500; 2018 AED 65,000; 2019 AED 58,500; 2020 AED 47,500; 2021 AED 43,500; 2022 AED 43,750; 2023 AED 56,313; 2024 AED 55,063; 2025 AED 56,891; 2026 AED 74,000New contract, October 2015: AED 90,000 a yearRenewal, October 2019: AED 64,000 a yearRenewal, October 2020: AED 57,000 a yearRenewal, October 2021: AED 52,000 a yearRenewal, October 2022: AED 52,000 a yearRenewal, October 2023: AED 57,500 a yearRenewal, October 2024: AED 64,000 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 15, and where 1005 sits

All 24 2-beds →

1005 last sold in July 2015 at AED 650 per sqft, 70% above what two-beds in Mazaya 15 were fetching at the time (AED 382). 1005's AED 64,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Jun 2025870,000
13 May 20251,080,000
9 May 2025700,000
17 Mar 20251,000,000
0 2-bed sales in the last 12 months

Mazaya 15

Building

82 apartments, 1-bed to 3-bed over 10 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 1 sold in the last 12 months.

Typical price per sqft
AED 573
Typical sale
AED 656K
Typical rent
AED 53K /yr
Typical yield
11.3%
Mazaya 15, Liwan: prices, sales and rents →

Other units on the 10th floor

All 82 units in Mazaya 15
Value
10011-bedAED 550K · Jun 2016
10023-bedAED 1.05M · Jun 2024
10032-bedAED 989K · Sep 2015
10041-bedAED 564K · Jun 2016
10063-bedAED 687K · Aug 2015

1005, Mazaya 15 in numbers

  • Sold once: by Al Mazaya Real Estate on 27 July 2015 for AED 992,000, or AED 650 per sqft.
  • Rented since October 2015 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 52,000 in 2022 and recovered to AED 64,000 by October 2024.
  • At AED 64,000 a year the gross yield on the 2015 price is 6.5%, before a service charge of about AED 14,700 a year (AED 9.65 per sqft).

Source: Dubai Land Department. Updated 18 October 2024.

Questions about 1005, Mazaya 15

What did unit 1005 last sell for?

AED 992,000 on 27 July 2015, sold by the developer: AED 650 per sqft for 1,526 sqft. It is the only registered sale of the unit.

What is the rent for unit 1005?

AED 64,000 a year on the contract renewed on 18 October 2024. The previous contract, from October 2023, was AED 57,500; the unit has been rented since October 2015.

How big is unit 1005?

1,526 sqft (141.8 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.

What is unit 1005 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 1005, Mazaya 15

Starts from the last sale price (AED 992K, 27 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 992,000
Deposit, UAE resident (20%)
AED 198,400
Deposit, non-resident (40%)
AED 396,800
Monthly over 25 years at 3.7%
AED 4,059

Plus AED 46,674 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →