1-bed · 321 sqftMazaya 03, Liwan · 1st floor · completed 2014

103, Mazaya 03

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 21 June 2022
Last soldAED 125K21 June 2022
Current rentAED 20K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Mazaya 03

What is 103 worth today?

Last sold for AED 125,000 in 2022

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21 Jun 2022SoldReady
AED 125,000AED 389 per sqft
1 Feb 2022RentedRenewal
AED 20,000/yr12 months · AED 31 per sqft
1 Feb 2021RentedNew contract
AED 20,000/yr12 months · AED 31 per sqft
31 Dec 2019RentedRenewal
AED 30,000/yr12 months · AED 46 per sqft
31 Dec 2018RentedRenewal
AED 35,000/yr12 months · AED 54 per sqft
31 Dec 2017RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
17 Jun 2015Sold by developerReady
AED 223,375AED 348 per sqft

Source: Dubai Land Department. Updated 21 June 2022.

Key facts

Type
1-bed apartment
Size
321 sqft
Floor
1st of 14
Parking
G-134
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 2,400 /yr
Last sold
AED 125K · June 2022
Building
Mazaya 03

About 103, Mazaya 03

103 is a one-bedroom apartment of 321 sqft on the 1st floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 21 June 2022 for AED 125,000, or AED 389 per sqft, in line with the AED 389 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 20,000 a year: a gross yield of 16.0% on the 2022 price, before the service charge of about AED 2,400 a year.

Sales and rents for 103 over time

Sales
Unit 103, 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, June 2015: AED 223,375 (AED 348 per sqft)Sold, June 2022: AED 125,000 (AED 389 per sqft)

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

Rents
Unit 103, 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, December 2017: AED 40,000 a yearRenewal, December 2018: AED 35,000 a yearRenewal, December 2019: AED 30,000 a yearNew contract, February 2021: AED 20,000 a yearRenewal, February 2022: AED 20,000 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 103 sits

All 147 1-beds →

103 last sold in June 2022 at AED 389 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 389). 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 1st floor

All 219 units in Mazaya 03
Value
1011-bedAED 186K · Jul 2015
1021-bedAED 450K · Jan 2026
1041-bedAED 300K · Sep 2021
1052-bedAED 490K · Jun 2021
1062-bedAED 452K · Mar 2022
1071-bedAED 520K · Jan 2026
1081-bedAED 405K · May 2025
1–7 of 18

103, Mazaya 03 in numbers

  • Sold twice: first on 17 June 2015 for AED 223,375, last on 21 June 2022 for AED 125,000 (AED 389 per sqft).
  • Rented since December 2017 on 5 Ejari contracts, from AED 40,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2022 price is 16.0%, before a service charge of about AED 2,400 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 21 June 2022.

Questions about 103, Mazaya 03

What did unit 103 last sell for?

AED 125,000 on 21 June 2022: AED 389 per sqft for 321 sqft. The unit has 2 registered sales; the first was AED 223,375 in June 2015.

What is the rent for unit 103?

AED 20,000 a year on the contract renewed on 1 February 2022. The previous contract, from February 2021, was AED 20,000; the unit has been rented since December 2017.

How big is unit 103?

321 sqft (29.8 sqm): a one-bedroom apartment on the 1st floor of a 14-storey tower completed in 2014.

What is unit 103 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 103, Mazaya 03

Starts from the last sale price (AED 125K, 21 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 125,000
Deposit, UAE resident (20%)
AED 25,000
Deposit, non-resident (40%)
AED 50,000
Monthly over 25 years at 3.7%
AED 511

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