1-bed · 571 sqftMazaya 24, Liwan · 1st floor · completed 2014

112, Mazaya 24

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 30 April 2024
Last soldAED 300K30 April 2024
Current rentAED 37K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Mazaya 24

What is 112 worth today?

Last sold for AED 300,000 in 2024

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30 Apr 2024SoldReady
AED 300,000AED 525 per sqft
20 Feb 2024RentedRenewal
AED 37,044/yr12 months · AED 65 per sqft
20 Feb 2023RentedRenewal
AED 35,280/yr12 months · AED 62 per sqft
20 Feb 2022RentedNew contract
AED 33,600/yr12 months · AED 59 per sqft
1 Feb 2021RentedRenewal
AED 28,000/yr12 months · AED 49 per sqft
1 Feb 2020RentedNew contract
AED 28,000/yr12 months · AED 49 per sqft
1 Jun 2019RentedNew contract
AED 30,000/yr12 months · AED 53 per sqft
1 May 2017RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 30 April 2024.

Key facts

Type
1-bed apartment
Size
571 sqft
Floor
1st of 5
Parking
G-08
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 300K · April 2024
Building
Mazaya 24

About 112, Mazaya 24

112 is a one-bedroom apartment of 571 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 30 April 2024 for AED 300,000, or AED 525 per sqft, in line with the AED 531 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 20 February 2024, is AED 37,044 a year: a gross yield of 12.3% on the 2024 price, before the service charge of about AED 6,900 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical one-bed in Mazaya 24
300K400K500K2009201420192024Typical sale price by year: 2009 AED 423,391; 2014 AED 479,951; 2015 AED 489,196; 2016 AED 445,000; 2017 AED 418,695; 2022 AED 330,000; 2023 AED 313,750; 2024 AED 370,000; 2026 AED 500,000Sold by developer, January 2017: AED 418,695 (AED 733 per sqft)Sold, April 2024: AED 300,000 (AED 525 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 24
40K20152018202120242027Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 43,000; 2018 AED 40,250; 2019 AED 33,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 27,963; 2023 AED 33,000; 2024 AED 38,775; 2025 AED 45,000; 2026 AED 44,550New contract, February 2015: AED 46,000 a yearNew contract, May 2017: AED 40,000 a yearNew contract, June 2019: AED 30,000 a yearNew contract, February 2020: AED 28,000 a yearRenewal, February 2021: AED 28,000 a yearNew contract, February 2022: AED 33,600 a yearRenewal, February 2023: AED 35,280 a yearRenewal, February 2024: AED 37,044 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 24, and where 112 sits

All 44 1-beds →

112 last sold in April 2024 at AED 525 per sqft, in line with what one-beds in Mazaya 24 were fetching at the time (AED 531). Over the last 12 months one-beds sold for AED 425,444 to 560,000, around AED 877 per sqft, and rent for AED 33,000 to 56,000 a year. 112's AED 37,044 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 2026425,444
6 Feb 2026560,000
21 Jan 2026550,000
14 Jan 2026450,000
4 1-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
1012-bedAED 766K · Dec 2014
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
1–7 of 12

112, Mazaya 24 in numbers

  • Sold twice: first on 9 January 2017 for AED 418,695, last on 30 April 2024 for AED 300,000 (AED 525 per sqft).
  • Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 46,000 to AED 28,000 in 2021 and recovered to AED 37,044 by February 2024.
  • At AED 37,044 a year the gross yield on the 2024 price is 12.3%, before a service charge of about AED 6,900 a year (AED 12.09 per sqft).
  • One-beds in Mazaya 24 sold for AED 425,444–560,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 30 April 2024.

Questions about 112, Mazaya 24

What did unit 112 last sell for?

AED 300,000 on 30 April 2024: AED 525 per sqft for 571 sqft. The unit has 2 registered sales; the first was AED 418,695 in January 2017.

What is the rent for unit 112?

AED 37,044 a year on the contract renewed on 20 February 2024. The previous contract, from February 2023, was AED 35,280; the unit has been rented since February 2015.

How big is unit 112?

571 sqft (53.0 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2014.

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 24 sold for AED 425,444 to 560,000 in the last 12 months, around AED 877 per sqft.

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Mortgage on 112, Mazaya 24

Starts from the last sale price (AED 300K, 30 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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