3-bed · 863 sqftMazaya 03, Liwan · 10th floor · completed 2014

1005, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 30 April 2021
Last soldAED 1.2M5 May 2009
Current rentAED 52K /yr30 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Mazaya 03

What is 1005 worth today?

Last sold for AED 1,199,874 in 2009

Unlock today's estimate, updated daily, with

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

30 Apr 2021RentedNew contract
AED 52,000/yr12 months · AED 32 per sqft
1 Oct 2019RentedNew contract
AED 65,000/yr12 months · AED 39 per sqft
1 Oct 2017RentedNew contract
AED 74,000/yr12 months · AED 45 per sqft
19 Aug 2016RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
25 May 2015RentedNew contract
AED 105,000/yr12 months · AED 64 per sqft
5 May 2009Sold by developerOff-plan
AED 1,199,874AED 728 per sqft

Source: Dubai Land Department. Updated 30 April 2021.

Key facts

Type
3-bed apartment
Size
863 sqft
Floor
10th of 14
Parking
G-107
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 1.2M · May 2009
Building
Mazaya 03

About 1005, Mazaya 03

1005 is a three-bedroom apartment of 863 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 5 May 2009 for AED 1,199,874, or AED 728 per sqft, in line with the AED 737 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 30 April 2021, is AED 52,000 a year: a gross yield of 4.3% on the 2009 price, before the service charge of about AED 6,400 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical three-bed in Mazaya 03
1M2009201120132015Typical sale price by year: 2009 AED 1,295,787; 2015 AED 691,231Sold by developer, May 2009: AED 1,199,874 (AED 728 per sqft)

1005 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1005, each contractTypical three-bed in Mazaya 03
50K75K100K2015201720192021Typical rent by year: 2015 AED 105,000; 2016 AED 95,000; 2017 AED 80,000; 2019 AED 72,500; 2020 AED 65,000; 2021 AED 52,000New contract, May 2015: AED 105,000 a yearNew contract, August 2016: AED 85,000 a yearNew contract, October 2017: AED 74,000 a yearNew contract, October 2019: AED 65,000 a yearNew contract, April 2021: AED 52,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Mazaya 03, and where 1005 sits

All 13 3-beds →

1005 last sold in May 2009 at AED 728 per sqft, in line with what three-beds in Mazaya 03 were fetching at the time (AED 737). Over the last 12 months three-beds sold for AED 930,000, around AED 512 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Sep 2026930,000
14 Apr 2021800,000
17 Oct 20171,025,000
6 Dec 2015821,848
1 3-bed sale 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
10031-bedAED 233K · Aug 2015
10042-bedAED 620K · Oct 2021
10061-bedAED 344K · Jul 2015
10073-bedAED 1.25M · May 2015
10082-bedAED 1.15M · May 2015
1–7 of 11

1005, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 5 May 2009 for AED 1,199,874, or AED 728 per sqft.
  • Rented since May 2015 on 5 Ejari contracts, from AED 105,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2009 price is 4.3%, before a service charge of about AED 6,400 a year (AED 7.37 per sqft).
  • Three-beds in Mazaya 03 sold for AED 930,000–930,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.

Source: Dubai Land Department. Updated 30 April 2021.

Questions about 1005, Mazaya 03

What did unit 1005 last sell for?

AED 1,199,874 on 5 May 2009, sold by the developer: AED 728 per sqft for 863 sqft. It is the only registered sale of the unit.

What is the rent for unit 1005?

AED 52,000 a year on the contract signed on 30 April 2021. The previous contract, from October 2019, was AED 65,000; the unit has been rented since May 2015.

How big is unit 1005?

863 sqft (80.2 sqm): a three-bedroom apartment on the 10th floor of a 14-storey tower completed in 2014.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 03 sold for AED 930,000 to 930,000 in the last 12 months, around AED 512 per sqft.

Selling 1005? 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 1005, Mazaya 03

Starts from the last sale price (AED 1.2M, 5 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,199,874
Deposit, UAE resident (20%)
AED 239,975
Deposit, non-resident (40%)
AED 479,950
Monthly over 25 years at 3.7%
AED 4,909

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