1-bed · 629 sqftMazaya 32, Liwan · 2nd floor · completed 2015

208, Mazaya 32

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

Unit 208 · DLD and Ejari recordsUpdated 25 July 2020
Last soldAED 459K11 May 2016
Current rentAED 32K /yr25 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Mazaya 32

What is 208 worth today?

Last sold for AED 459,122 in 2016

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25 Jul 2020RentedNew contract
AED 32,000/yr12 months · AED 51 per sqft
25 Jun 2018RentedRenewal
AED 45,000/yr12 months · AED 72 per sqft
25 Jun 2017RentedNew contract
AED 48,000/yr12 months · AED 76 per sqft
1 Apr 2017RentedRenewal
AED 48,000/yr12 months · AED 76 per sqft
11 May 2016Sold by developerReady
AED 459,122AED 729 per sqft
1 Apr 2016RentedNew contract
AED 49,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 25 July 2020.

Key facts

Type
1-bed apartment
Size
629 sqft
Floor
2nd of 5
Parking
G-19
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 6,700 /yr
Last sold
AED 459K · May 2016
Building
Mazaya 32

About 208, Mazaya 32

208 is a one-bedroom apartment of 629 sqft on the 2nd floor of Mazaya 32, a 5-storey tower in Liwan completed in 2015 by Al Mazaya Real Estate. The developer sold it on 11 May 2016 for AED 459,122, or AED 729 per sqft, in line with the AED 709 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 25 July 2020, is AED 32,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 6,700 a year.

Sales and rents for 208 over time

Rents
Unit 208, each contractTypical one-bed in Mazaya 32
40K2016201920222025Typical rent by year: 2016 AED 51,000; 2017 AED 49,000; 2018 AED 45,000; 2019 AED 37,362; 2020 AED 30,500; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 34,750; 2024 AED 39,050; 2025 AED 44,000New contract, April 2016: AED 49,000 a yearRenewal, April 2017: AED 48,000 a yearNew contract, June 2017: AED 48,000 a yearRenewal, June 2018: AED 45,000 a yearNew contract, July 2020: AED 32,000 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 32, and where 208 sits

All 36 1-beds →

208 last sold in May 2016 at AED 729 per sqft, in line with what one-beds in Mazaya 32 were fetching at the time (AED 709). 208's AED 32,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Aug 2017620,102
31 Jul 2017460,380
5 Sep 2016577,763
18 Jul 2016464,387
0 1-bed sales in the last 12 months

Mazaya 32

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2015 by Al Mazaya Real Estate. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 52K /yr
Typical yield
Mazaya 32, Liwan: prices, sales and rents →

Other units on the 2nd floor

All 61 units in Mazaya 32
Value
2013-bedAED 1.12M · Apr 2016
2021-bedAED 459K · Apr 2016
2032-bedAED 768K · Apr 2016
2041-bedAED 617K · Mar 2016
2051-bedAED 577K · Mar 2016
2061-bedAED 607K · Mar 2016
2072-bedAED 752K · Apr 2016
1–7 of 11

208, Mazaya 32 in numbers

  • Sold once: by Al Mazaya Real Estate on 11 May 2016 for AED 459,122, or AED 729 per sqft.
  • Rented since April 2016 on 5 Ejari contracts, from AED 49,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 6,700 a year (AED 10.65 per sqft).

Source: Dubai Land Department. Updated 25 July 2020.

Questions about 208, Mazaya 32

What did unit 208 last sell for?

AED 459,122 on 11 May 2016, sold by the developer: AED 729 per sqft for 629 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 32,000 a year on the contract signed on 25 July 2020. The previous contract, from June 2018, was AED 45,000; the unit has been rented since April 2016.

How big is unit 208?

629 sqft (58.4 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2015.

What is unit 208 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 208, Mazaya 32

Starts from the last sale price (AED 459K, 11 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 459,122
Deposit, UAE resident (20%)
AED 91,824
Deposit, non-resident (40%)
AED 183,649
Monthly over 25 years at 3.7%
AED 1,878

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