1-bed · 642 sqftMazaya 03, Liwan · 10th floor · completed 2014

1003, Mazaya 03

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

Unit 1003 · DLD and Ejari recordsUpdated 24 March 2022
Last soldAED 233K2 August 2015
Current rentAED 26K /yr24 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Mazaya 03

What is 1003 worth today?

Last sold for AED 233,182 in 2015

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24 Mar 2022RentedRenewal
AED 26,000/yr12 months · AED 40 per sqft
24 Mar 2020RentedNew contract
AED 26,000/yr12 months · AED 40 per sqft
25 Jun 2019RentedRenewal
AED 38,000/yr12 months · AED 59 per sqft
25 Jun 2018RentedRenewal
AED 38,000/yr12 months · AED 59 per sqft
25 Jun 2017RentedRenewal
AED 38,000/yr12 months · AED 59 per sqft
25 Jun 2016RentedRenewal
AED 38,000/yr12 months · AED 59 per sqft
2 Aug 2015Sold by developerReady
AED 233,182AED 363 per sqft
25 Jun 2015RentedNew contract
AED 52,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 24 March 2022.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
10th of 14
Parking
G-13
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 233K · August 2015
Building
Mazaya 03

About 1003, Mazaya 03

1003 is a one-bedroom apartment of 642 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 2 August 2015 for AED 233,182, or AED 363 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 7 Ejari contracts. The current contract, renewed on 24 March 2022, is AED 26,000 a year: a gross yield of 11.2% on the 2015 price, before the service charge of about AED 4,700 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, 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, August 2015: AED 233,182 (AED 363 per sqft)

1003 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Mazaya 03
40K20152017201920212023Typical 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 52,000 a yearRenewal, June 2016: AED 38,000 a yearRenewal, June 2017: AED 38,000 a yearRenewal, June 2018: AED 38,000 a yearRenewal, June 2019: AED 38,000 a yearNew contract, March 2020: AED 26,000 a yearRenewal, March 2022: AED 26,000 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 1003 sits

All 147 1-beds →

1003 last sold in August 2015 at AED 363 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
10021-bedAED 239K · Nov 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

1003, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 2 August 2015 for AED 233,182, or AED 363 per sqft.
  • Rented since June 2015 on 7 Ejari contracts, from AED 52,000 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2015 price is 11.2%, 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 24 March 2022.

Questions about 1003, Mazaya 03

What did unit 1003 last sell for?

AED 233,182 on 2 August 2015, sold by the developer: AED 363 per sqft for 642 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 26,000 a year on the contract renewed on 24 March 2022. The previous contract, from March 2020, was AED 26,000; the unit has been rented since June 2015.

How big is unit 1003?

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

What is unit 1003 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 1003, Mazaya 03

Starts from the last sale price (AED 233K, 2 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 233,182
Deposit, UAE resident (20%)
AED 46,636
Deposit, non-resident (40%)
AED 93,273
Monthly over 25 years at 3.7%
AED 954

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