2-bed · 1,259 sqftMazaya 02, Liwan · 3rd floor · completed 2014

303, Mazaya 02

Sold prices and rental history: sold twice, last in November 2023, and rented once, from July 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 7 November 2023
Last soldAED 650K7 November 2023
Current rentAED 58K /yr12 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Mazaya 02

What is 303 worth today?

Last sold for AED 650,000 in 2023

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7 Nov 2023SoldReady
AED 650,000AED 516 per sqft
12 Jul 2018RentedNew contract
AED 58,000/yr12 months · AED 46 per sqft
12 May 2009Sold by developerOff-plan
AED 835,664AED 663 per sqft

Source: Dubai Land Department. Updated 7 November 2023.

Key facts

Type
2-bed apartment
Size
1,259 sqft
Floor
3rd of 9
Parking
G-63
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,000 /yr
Last sold
AED 650K · November 2023
Building
Mazaya 02

About 303, Mazaya 02

303 is a two-bedroom apartment of 1,259 sqft on the 3rd floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 7 November 2023 for AED 650,000, or AED 516 per sqft, in line with the AED 517 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 July 2018. The current contract, signed on 12 July 2018, is AED 58,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 12,000 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in Mazaya 02
500K750K1M2009201420192024Typical sale price by year: 2009 AED 926,448; 2015 AED 456,690; 2017 AED 860,022; 2018 AED 449,453; 2019 AED 750,000; 2023 AED 694,500; 2024 AED 730,000; 2025 AED 717,500; 2026 AED 915,000Sold by developer, May 2009: AED 835,664 (AED 663 per sqft)Sold, November 2023: AED 650,000 (AED 516 per sqft)

303 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 303, each contractTypical two-bed in Mazaya 02
40K60K2017202020232026Typical rent by year: 2017 AED 67,318; 2018 AED 62,000; 2019 AED 54,000; 2020 AED 48,000; 2021 AED 40,000; 2022 AED 43,000; 2023 AED 46,650; 2024 AED 51,600; 2025 AED 67,000; 2026 AED 70,000New contract, July 2018: AED 58,000 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 02, and where 303 sits

All 29 2-beds →

303 last sold in November 2023 at AED 516 per sqft, in line with what two-beds in Mazaya 02 were fetching at the time (AED 517). Over the last 12 months two-beds sold for AED 850,000 to 965,000, around AED 716 per sqft, and rent for AED 52,330 to 85,000 a year. 303's AED 58,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Aug 2026915,000
27 Jul 2026965,000
8 Apr 2026850,000
30 Apr 2025777,898
3 2-bed sales in the last 12 months

Mazaya 02

Building

91 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.

Typical price per sqft
AED 727 Up 26.2%
Typical sale
AED 597K
Typical rent
AED 53K /yr
Typical yield
8.2%
Mazaya 02, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 91 units in Mazaya 02
Value
3011-bedAED 320K · Dec 2020
3022-bedAED 710K · Jan 2025
3041-bedAED 655K · Jan 2026
3051-bedAED 560K · Jun 2025
3061-bedAED 333K · Nov 2015
3071-bedAED 570K · Aug 2025
3081-bedAED 258K · Apr 2018
1–7 of 11

303, Mazaya 02 in numbers

  • Sold twice: first on 12 May 2009 for AED 835,664, last on 7 November 2023 for AED 650,000 (AED 516 per sqft).
  • Rented since July 2018 on one Ejari contract, at AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 12,000 a year (AED 9.51 per sqft).
  • Two-beds in Mazaya 02 sold for AED 850,000–965,000 in the 12 months to November 2026; the building's median across all types is AED 727 per sqft.

Source: Dubai Land Department. Updated 7 November 2023.

Questions about 303, Mazaya 02

What did unit 303 last sell for?

AED 650,000 on 7 November 2023: AED 516 per sqft for 1,259 sqft. The unit has 2 registered sales; the first was AED 835,664 in May 2009.

What is the rent for unit 303?

AED 58,000 a year on the contract signed on 12 July 2018.

How big is unit 303?

1,259 sqft (117.0 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2014.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 02 sold for AED 850,000 to 965,000 in the last 12 months, around AED 716 per sqft.

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Mortgage on 303, Mazaya 02

Starts from the last sale price (AED 650K, 7 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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