Mazaya 4 in Liwan - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Mazaya 4
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
1
79
5,228
414,132
The cap rate (rental yield) of investments into Mazaya 4 project is 9.8% on average.
The price of an apartment in Mazaya 4 is 5,228 AED/sqm on average.
The long term rent of an apartment in Mazaya 4 is 631 AED/sqm/year on average.
Price for completed 1 bedroom apartment in Mazaya 4 is 414,132 AED or 5,228 AED/sqm.
Q&A on Mazaya 4
What are the advantages of 'Mazaya 4' project in Dubai for property buyers? What are the disadvantages?
### Advantages of 'Mazaya 4' Project in Liwan Area, Dubai
- Affordability: The 'Mazaya 4' project offers competitively priced properties, making it an attractive option for first-time homebuyers and investors looking for value for money.
- Location: Situated in the Liwan area, the project enjoys good connectivity to major highways like Sheikh Mohammed Bin Zayed Road and Al Ain Road, facilitating easy commutes to key areas in Dubai.
- Amenities: 'Mazaya 4' includes a range of amenities such as swimming pools, fitness centers, and landscaped gardens, contributing to a comfortable living environment.
- Family-Friendly Environment: The project is designed to be family-friendly, with nearby schools, parks, and playgrounds.
- Potential for Capital Appreciation: With the ongoing development in Liwan and surrounding areas, there is good potential for property value appreciation in the coming years.
### Disadvantages of 'Mazaya 4' Project in Liwan Area, Dubai
- Relatively New Development: As Liwan is a relatively new development area, some infrastructure and facilities might still be under development or yet to mature compared to more established areas.
- Traffic Congestion: Due to ongoing construction and development in the area, there might be instances of traffic congestion, particularly during peak hours.
- Limited Retail Options: While amenities are available, retail options like shopping centers and restaurants might be limited compared to more developed areas. Residents might have to travel a bit further for more diverse shopping and dining experiences.
- Rental Yield: Initially, rental yields might be lower compared to more established parts of Dubai. Investors might need to be patient before realizing significant returns.
- Noise and Construction: Being in a developing area, residents might experience noise and inconvenience due to ongoing construction activities in and around the Liwan area.