2-bed · 1,128 sqftMazaya 01, Liwan · 6th floor · completed 2014

603, Mazaya 01

Sold prices and rental history: sold 5 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 680K31 October 2024
Current rentAED 39K /yr16 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Mazaya 01

What is 603 worth today?

Last sold for AED 680,000 in 2024

Unlock today's estimate, updated daily, with

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

31 Oct 2024SoldReady
AED 680,000AED 603 per sqft
27 Jul 2023SoldReady
AED 580,000AED 514 per sqft
8 Jun 2023SoldReady
AED 615,000AED 545 per sqft
23 Jun 2021SoldReady
AED 450,000AED 399 per sqft
16 Mar 2020RentedRenewal
AED 39,000/yr13 months · AED 35 per sqft
27 Feb 2019RentedNew contract
AED 50,000/yr13 months · AED 44 per sqft
1 Aug 2016RentedRenewal
AED 30,000/yr12 months · AED 27 per sqft
1 Aug 2015RentedNew contract
AED 30,000/yr12 months · AED 27 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
2-bed apartment
Size
1,128 sqft
Floor
6th of 9
Parking
G-75
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,600 /yr
Last sold
AED 680K · October 2024
Building
Mazaya 01

About 603, Mazaya 01

603 is a two-bedroom apartment of 1,128 sqft on the 6th floor of Mazaya 01, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 31 October 2024 for AED 680,000, or AED 603 per sqft, 26% above the AED 477 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 16 March 2020, is AED 39,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 11,600 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical two-bed in Mazaya 01
400K600K800K2009201420192024Typical sale price by year: 2009 AED 791,735; 2014 AED 772,310; 2015 AED 668,204; 2021 AED 450,000; 2022 AED 555,500; 2023 AED 580,000; 2024 AED 523,388; 2025 AED 765,000Sold by developer, August 2014: AED 422,655 (AED 374 per sqft)Sold, June 2021: AED 450,000 (AED 399 per sqft)Sold, June 2023: AED 615,000 (AED 545 per sqft)Sold, July 2023: AED 580,000 (AED 514 per sqft)Sold, October 2024: AED 680,000 (AED 603 per sqft)

603 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 603, each contractTypical two-bed in Mazaya 01
25K50K75K2014201820222026Typical rent by year: 2014 AED 76,500; 2015 AED 75,000; 2016 AED 70,000; 2017 AED 66,520; 2018 AED 59,250; 2019 AED 50,500; 2020 AED 43,000; 2021 AED 39,000; 2022 AED 40,000; 2023 AED 49,200; 2024 AED 57,563; 2025 AED 62,000; 2026 AED 62,250New contract, August 2015: AED 30,000 a yearRenewal, August 2016: AED 30,000 a yearNew contract, February 2019: AED 50,000 a yearRenewal, March 2020: AED 39,000 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 01, and where 603 sits

All 24 2-beds →

603 last sold in October 2024 at AED 603 per sqft, 26% above what two-beds in Mazaya 01 were fetching at the time (AED 477). Over the last 12 months two-beds sold for AED 750,000 to 800,000, around AED 670 per sqft, and rent for AED 57,750 to 74,000 a year. 603's AED 39,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Apr 2026800,000
8 Jan 2026750,000
30 Sep 2025800,000
31 Jul 2025800,000
2 2-bed sales in the last 12 months

Mazaya 01

Building

78 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 13 sold in the last 12 months.

Typical price per sqft
AED 742 Up 14.1%
Typical sale
AED 520K
Typical rent
AED 51K /yr
Typical yield
8.0%
Mazaya 01, Liwan: prices, sales and rents →

Other units on the 6th floor

All 78 units in Mazaya 01
Value
6012-bedAED 825K · Jun 2015
6022-bedAED 1.05M · Aug 2016
6041-bedAED 625K · Apr 2026
6052-bedAED 800K · Apr 2026
6061-bedAED 510K · Oct 2026
6071-bedAED 310K · Oct 2022
6082-bedAED 800K · Sep 2025
1–7 of 8

603, Mazaya 01 in numbers

  • Sold 5 times: first on 7 August 2014 for AED 422,655, last on 31 October 2024 for AED 680,000 (AED 603 per sqft).
  • Rented since August 2015 on 4 Ejari contracts, from AED 30,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 11,600 a year (AED 10.28 per sqft).
  • Two-beds in Mazaya 01 sold for AED 750,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 742 per sqft.

Source: Dubai Land Department. Updated 31 October 2024.

Questions about 603, Mazaya 01

What did unit 603 last sell for?

AED 680,000 on 31 October 2024: AED 603 per sqft for 1,128 sqft. The unit has 5 registered sales; the first was AED 422,655 in August 2014.

What is the rent for unit 603?

AED 39,000 a year on the contract renewed on 16 March 2020. The previous contract, from February 2019, was AED 50,000; the unit has been rented since August 2015.

How big is unit 603?

1,128 sqft (104.8 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2014.

What is unit 603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 01 sold for AED 750,000 to 800,000 in the last 12 months, around AED 670 per sqft.

Selling 603? 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 603, Mazaya 01

Starts from the last sale price (AED 680K, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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