2-bed · 1,259 sqftMazaya 02, Liwan · 6th floor · completed 2014

603, Mazaya 02

Sold prices and rental history: sold twice, last in February 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 6 February 2024
Last soldAED 690K6 February 2024
Current rentAED 43K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Mazaya 02

What is 603 worth today?

Last sold for AED 690,000 in 2024

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6 Feb 2024SoldReady
AED 690,000AED 547 per sqft
1 Jul 2022RentedNew contract
AED 43,000/yr12 months · AED 34 per sqft
19 Jul 2019RentedNew contract
AED 50,000/yr12 months · AED 40 per sqft
11 Jul 2017RentedNew contract
AED 67,636/yr12 months · AED 54 per sqft
11 May 2009Sold by developerOff-plan
AED 861,984AED 684 per sqft

Source: Dubai Land Department. Updated 6 February 2024.

Key facts

Type
2-bed apartment
Size
1,259 sqft
Floor
6th of 9
Parking
G-66
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,000 /yr
Last sold
AED 690K · February 2024
Building
Mazaya 02

About 603, Mazaya 02

603 is a two-bedroom apartment of 1,259 sqft on the 6th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 6 February 2024 for AED 690,000, or AED 547 per sqft, 6% above the AED 518 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 July 2022, is AED 43,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 12,000 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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 861,984 (AED 684 per sqft)Sold, February 2024: AED 690,000 (AED 547 per sqft)

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

Rents
Unit 603, 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 2017: AED 67,636 a yearNew contract, July 2019: AED 50,000 a yearNew contract, July 2022: AED 43,000 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 603 sits

All 29 2-beds →

603 last sold in February 2024 at AED 547 per sqft, 6% above what two-beds in Mazaya 02 were fetching at the time (AED 518). 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. 603's AED 43,000 is at the bottom 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 6th floor

All 91 units in Mazaya 02
Value
6011-bedAED 474K · Aug 2016
6022-bedAED 915K · Aug 2026
6041-bedAED 400K · Jun 2022
6051-bedAED 670K · Jun 2016
6061-bedAED 445K · Jun 2025
6071-bedAED 523K · May 2009
6081-bedAED 266K · Jan 2018
1–7 of 11

603, Mazaya 02 in numbers

  • Sold twice: first on 11 May 2009 for AED 861,984, last on 6 February 2024 for AED 690,000 (AED 547 per sqft).
  • Rented since July 2017 on 3 Ejari contracts, from AED 67,636 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2024 price is 6.2%, 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 6 February 2024.

Questions about 603, Mazaya 02

What did unit 603 last sell for?

AED 690,000 on 6 February 2024: AED 547 per sqft for 1,259 sqft. The unit has 2 registered sales; the first was AED 861,984 in May 2009.

What is the rent for unit 603?

AED 43,000 a year on the contract signed on 1 July 2022. The previous contract, from July 2019, was AED 50,000; the unit has been rented since July 2017.

How big is unit 603?

1,259 sqft (117.0 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 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 603, Mazaya 02

Starts from the last sale price (AED 690K, 6 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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