1-bed · 641 sqftMazaya 03, Liwan · 10th floor · completed 2014

1002, Mazaya 03

Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 1 April 2021
Last soldAED 239K29 November 2015
Current rentAED 23K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Mazaya 03

What is 1002 worth today?

Last sold for AED 239,081 in 2015

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1 Apr 2021RentedRenewal
AED 23,000/yr12 months · AED 36 per sqft
1 Apr 2020RentedNew contract
AED 27,000/yr12 months · AED 42 per sqft
1 Feb 2019RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
10 Nov 2016RentedNew contract
AED 48,000/yr12 months · AED 74 per sqft
29 Nov 2015Sold by developerReady
AED 239,081AED 372 per sqft
1 Jun 2015RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 April 2021.

Key facts

Type
1-bed apartment
Size
641 sqft
Floor
10th of 14
Parking
G-18
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 239K · November 2015
Building
Mazaya 03

About 1002, Mazaya 03

1002 is a one-bedroom apartment of 641 sqft on the 10th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 29 November 2015 for AED 239,081, or AED 372 per sqft, in line with the AED 374 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 April 2021, is AED 23,000 a year: a gross yield of 9.6% on the 2015 price, before the service charge of about AED 4,700 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in Mazaya 03
200K400K2009201420192024Typical sale price by year: 2009 AED 461,258; 2013 AED 491,929; 2014 AED 457,725; 2015 AED 321,081; 2016 AED 450,000; 2017 AED 475,000; 2018 AED 400,000; 2019 AED 375,000; 2021 AED 310,000; 2025 AED 378,327; 2026 AED 450,000Sold by developer, November 2015: AED 239,081 (AED 372 per sqft)

1002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in Mazaya 03
20K40K20152017201920212023Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 47,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 25,000; 2022 AED 25,650New contract, June 2015: AED 50,000 a yearNew contract, November 2016: AED 48,000 a yearNew contract, February 2019: AED 30,000 a yearNew contract, April 2020: AED 27,000 a yearRenewal, April 2021: AED 23,000 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 03, and where 1002 sits

All 147 1-beds →

1002 last sold in November 2015 at AED 372 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 374). Over the last 12 months one-beds sold for AED 380,000 to 520,000, around AED 624 per sqft, and rent for AED 40,000 to 50,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jun 2026515,000
30 Apr 2026410,270
4 Apr 2026400,000
31 Jan 2026450,000
7 1-bed sales in the last 12 months

Mazaya 03

Building

219 apartments, studios to 3-bed over 14 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 11 sold in the last 12 months.

Typical price per sqft
AED 571
Typical sale
AED 515K
Typical rent
AED 50K /yr
Typical yield
7.1%
Mazaya 03, Liwan: prices, sales and rents →

Other units on the 10th floor

All 219 units in Mazaya 03
Value
10012-bedAED 909K · May 2009
10031-bedAED 233K · Aug 2015
10042-bedAED 620K · Oct 2021
10053-bedAED 1.2M · May 2009
10061-bedAED 344K · Jul 2015
10073-bedAED 1.25M · May 2015
10082-bedAED 1.15M · May 2015
1–7 of 11

1002, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 29 November 2015 for AED 239,081, or AED 372 per sqft.
  • Rented since June 2015 on 5 Ejari contracts, from AED 50,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2015 price is 9.6%, before a service charge of about AED 4,700 a year (AED 7.37 per sqft).
  • One-beds in Mazaya 03 sold for AED 380,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.

Source: Dubai Land Department. Updated 1 April 2021.

Questions about 1002, Mazaya 03

What did unit 1002 last sell for?

AED 239,081 on 29 November 2015, sold by the developer: AED 372 per sqft for 641 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 23,000 a year on the contract renewed on 1 April 2021. The previous contract, from April 2020, was AED 27,000; the unit has been rented since June 2015.

How big is unit 1002?

641 sqft (59.6 sqm): a one-bedroom apartment on the 10th floor of a 14-storey tower completed in 2014.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 03 sold for AED 380,000 to 520,000 in the last 12 months, around AED 624 per sqft.

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Mortgage on 1002, Mazaya 03

Starts from the last sale price (AED 239K, 29 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 239,081
Deposit, UAE resident (20%)
AED 47,816
Deposit, non-resident (40%)
AED 95,632
Monthly over 25 years at 3.7%
AED 978

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