2-bed · 1,040 sqftMazaya 24, Liwan · 1st floor · completed 2014

101, Mazaya 24

Sold prices and rental history: sold 3 times, last in December 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 2 June 2024
Last soldAED 766K15 December 2014
Current rentAED 48K /yr2 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Mazaya 24

What is 101 worth today?

Last sold for AED 766,248 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Jun 2024RentedRenewal
AED 48,000/yr12 months · AED 46 per sqft
2 Jun 2021RentedRenewal
AED 35,000/yr12 months · AED 34 per sqft
1 Jun 2020RentedRenewal
AED 39,889/yr12 months · AED 38 per sqft
12 Apr 2018RentedNew contract
AED 56,000/yr12 months · AED 54 per sqft
15 Dec 2014SoldReady
AED 766,248AED 736 per sqft
10 Apr 2014SoldOff-plan
AED 766,248AED 736 per sqft
4 Feb 2009Sold by developerOff-plan
AED 766,248AED 736 per sqft

Source: Dubai Land Department. Updated 2 June 2024.

Key facts

Type
2-bed apartment
Size
1,040 sqft
Floor
1st of 5
Parking
G-60
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,600 /yr
Last sold
AED 766K · December 2014
Building
Mazaya 24

About 101, Mazaya 24

101 is a two-bedroom apartment of 1,040 sqft on the 1st floor of Mazaya 24, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 15 December 2014 for AED 766,248, or AED 736 per sqft, in line with the AED 723 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 2 June 2024, is AED 48,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 12,600 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical two-bed in Mazaya 24
400K600K800K20092013201720212025Typical sale price by year: 2009 AED 771,295; 2014 AED 762,000; 2015 AED 448,734; 2016 AED 582,500; 2024 AED 665,000Sold by developer, February 2009: AED 766,248 (AED 736 per sqft)Sold, April 2014: AED 766,248 (AED 736 per sqft)Sold, December 2014: AED 766,248 (AED 736 per sqft)

101 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 101, each contractTypical two-bed in Mazaya 24
40K60K20142017202020232026Typical rent by year: 2014 AED 68,500; 2015 AED 70,000; 2016 AED 67,000; 2017 AED 60,000; 2018 AED 57,000; 2019 AED 48,000; 2020 AED 41,500; 2021 AED 35,000; 2022 AED 38,800; 2023 AED 48,000; 2024 AED 56,563; 2025 AED 62,500New contract, April 2018: AED 56,000 a yearRenewal, June 2020: AED 39,889 a yearRenewal, June 2021: AED 35,000 a yearRenewal, June 2024: AED 48,000 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 24, and where 101 sits

All 20 2-beds →

101 last sold in December 2014 at AED 736 per sqft, in line with what two-beds in Mazaya 24 were fetching at the time (AED 723).

Recent 2-bed salesUnit no.Price (AED)Summary
19 Nov 2024675,000
12 Jun 2024665,000
1 May 2024625,000
17 May 2023550,000
0 2-bed sales in the last 12 months

Mazaya 24

Building

65 apartments, 1-bed to 2-bed over 5 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 877
Typical sale
AED 500K
Typical rent
AED 45K /yr
Typical yield
8.7%
Mazaya 24, Liwan: prices, sales and rents →

Other units on the 1st floor

All 65 units in Mazaya 24
Value
1021-bedAED 275K · May 2015
1031-bedAED 580K · Dec 2014
1041-bedAED 493K · Mar 2009
1052-bedAED 625K · May 2024
1061-bedAED 560K · Feb 2026
1071-bedAED 550K · Jan 2026
1082-bedAED 762K · Mar 2016
1–7 of 12

101, Mazaya 24 in numbers

  • Sold 3 times: first on 4 February 2009 for AED 766,248, last on 15 December 2014 for AED 766,248 (AED 736 per sqft).
  • Rented since April 2018 on 4 Ejari contracts. The rent fell from AED 56,000 to AED 35,000 in 2021 and recovered to AED 48,000 by June 2024.
  • At AED 48,000 a year the gross yield on the 2014 price is 6.3%, before a service charge of about AED 12,600 a year (AED 12.09 per sqft).

Source: Dubai Land Department. Updated 2 June 2024.

Questions about 101, Mazaya 24

What did unit 101 last sell for?

AED 766,248 on 15 December 2014: AED 736 per sqft for 1,040 sqft. The unit has 3 registered sales; the first was AED 766,248 in February 2009.

What is the rent for unit 101?

AED 48,000 a year on the contract renewed on 2 June 2024. The previous contract, from June 2021, was AED 35,000; the unit has been rented since April 2018.

How big is unit 101?

1,040 sqft (96.6 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2014.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 101? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 101, Mazaya 24

Starts from the last sale price (AED 766K, 15 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 766,248
Deposit, UAE resident (20%)
AED 153,250
Deposit, non-resident (40%)
AED 306,499
Monthly over 25 years at 3.7%
AED 3,135

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