1-bed · 579 sqftMazaya 23, Liwan · 1st floor · completed 2013

112, Mazaya 23

Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 1 July 2021
Last soldAED 392K6 November 2014
Current rentAED 24K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Mazaya 23

What is 112 worth today?

Last sold for AED 391,810 in 2014

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1 Jul 2021RentedNew contract
AED 24,000/yr12 months · AED 41 per sqft
1 Nov 2018RentedNew contract
AED 39,000/yr12 months · AED 67 per sqft
26 Mar 2018RentedNew contract
AED 40,000/yr12 months · AED 69 per sqft
1 Aug 2017RentedNew contract
AED 43,000/yr12 months · AED 74 per sqft
6 Nov 2014SoldReady
AED 391,810AED 676 per sqft
15 Oct 2014RentedNew contract
AED 45,000/yr12 months · AED 77 per sqft
1 Jul 2014RentedNew contract
AED 40,000/yr12 months · AED 69 per sqft
11 Feb 2009Sold by developerOff-plan
AED 391,810AED 676 per sqft

Source: Dubai Land Department. Updated 1 July 2021.

Key facts

Type
1-bed apartment
Size
579 sqft
Floor
1st of 6
Parking
G-26
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 7,200 /yr
Last sold
AED 392K · November 2014
Building
Mazaya 23

About 112, Mazaya 23

112 is a one-bedroom apartment of 579 sqft on the 1st floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 6 November 2014 for AED 391,810, or AED 676 per sqft, in line with the AED 676 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 July 2021, is AED 24,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 7,200 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical one-bed in Mazaya 23
400K500K600K2009201420192024Typical sale price by year: 2009 AED 432,352; 2014 AED 432,352; 2015 AED 540,000; 2016 AED 523,500; 2017 AED 610,000; 2018 AED 400,000; 2024 AED 410,000; 2025 AED 540,000Sold by developer, February 2009: AED 391,810 (AED 676 per sqft)Sold, November 2014: AED 391,810 (AED 676 per sqft)

112 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 112, each contractTypical one-bed in Mazaya 23
20K40K20142017202020232026Typical rent by year: 2014 AED 45,000; 2015 AED 48,000; 2016 AED 47,000; 2017 AED 45,061; 2018 AED 42,000; 2019 AED 35,500; 2020 AED 27,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 32,600; 2024 AED 41,000; 2025 AED 45,500New contract, July 2014: AED 40,000 a yearNew contract, October 2014: AED 45,000 a yearNew contract, August 2017: AED 43,000 a yearNew contract, March 2018: AED 40,000 a yearNew contract, November 2018: AED 39,000 a yearNew contract, July 2021: AED 24,000 a year

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

1-beds in Mazaya 23, and where 112 sits

All 35 1-beds →

112 last sold in November 2014 at AED 676 per sqft, in line with what one-beds in Mazaya 23 were fetching at the time (AED 676). Over the last 12 months one-beds sold for AED 550,000, around AED 900 per sqft, and rent for AED 44,500 to 55,000 a year. 112's AED 24,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Dec 2025550,000
19 Jun 2025500,000
28 May 2025570,000
12 May 2025530,000
1 1-bed sale in the last 12 months

Mazaya 23

Building

55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 2 sold in the last 12 months.

Typical price per sqft
AED 836
Typical sale
AED 700K
Typical rent
AED 53K /yr
Typical yield
9.2%
Mazaya 23, Liwan: prices, sales and rents →

Other units on the 1st floor

All 55 units in Mazaya 23
Value
1011-bedAED 275K · Mar 2022
1022-bedAED 500K · Mar 2024
1031-bedAED 150K · Oct 2014
1041-bedAED 643K · Aug 2015
1052-bedAED 460K · Mar 2020
1061-bedAED 419K · Oct 2014
1071-bedAED 419K · Feb 2009
1–7 of 11

112, Mazaya 23 in numbers

  • Sold twice: first on 11 February 2009 for AED 391,810, last on 6 November 2014 for AED 391,810 (AED 676 per sqft).
  • Rented since July 2014 on 6 Ejari contracts, from AED 40,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 7,200 a year (AED 12.38 per sqft).
  • One-beds in Mazaya 23 sold for AED 550,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 836 per sqft.

Source: Dubai Land Department. Updated 1 July 2021.

Questions about 112, Mazaya 23

What did unit 112 last sell for?

AED 391,810 on 6 November 2014: AED 676 per sqft for 579 sqft. The unit has 2 registered sales; the first was AED 391,810 in February 2009.

What is the rent for unit 112?

AED 24,000 a year on the contract signed on 1 July 2021. The previous contract, from November 2018, was AED 39,000; the unit has been rented since July 2014.

How big is unit 112?

579 sqft (53.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2013.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 23 sold for AED 550,000 to 550,000 in the last 12 months, around AED 900 per sqft.

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Mortgage on 112, Mazaya 23

Starts from the last sale price (AED 392K, 6 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 391,810
Deposit, UAE resident (20%)
AED 78,362
Deposit, non-resident (40%)
AED 156,724
Monthly over 25 years at 3.7%
AED 1,603

Plus AED 19,366 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →