2-bed · 1,663 sqftMazaya 03, Liwan · 11th floor · completed 2014

1104, Mazaya 03

Sold prices and rental history: sold twice, last in September 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 23 February 2022
Last soldAED 650K8 September 2015
Current rentAED 45K /yr23 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Mazaya 03

What is 1104 worth today?

Last sold for AED 650,000 in 2015

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23 Feb 2022RentedNew contract
AED 45,000/yr12 months · AED 27 per sqft
1 Feb 2019RentedRenewal
AED 66,000/yr6 months · AED 40 per sqft
1 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 42 per sqft
16 Jan 2018RentedNew contract
AED 80,000/yr12 months · AED 48 per sqft
22 Jan 2017RentedNew contract
AED 90,000/yr12 months · AED 54 per sqft
8 Sep 2015SoldReady
AED 650,000AED 390 per sqft
5 May 2009Sold by developerOff-plan
AED 1,266,664AED 761 per sqft

Source: Dubai Land Department. Updated 23 February 2022.

Key facts

Type
2-bed apartment
Size
1,663 sqft
Floor
11th of 14
Parking
B-27,B-28
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,300 /yr
Last sold
AED 650K · September 2015
Building
Mazaya 03

About 1104, Mazaya 03

1104 is a two-bedroom apartment of 1,663 sqft on the 11th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 8 September 2015 for AED 650,000, or AED 390 per sqft, 5% above the AED 373 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 23 February 2022, is AED 45,000 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 12,300 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical two-bed in Mazaya 03
500K1M2009201420192024Typical sale price by year: 2009 AED 884,813; 2013 AED 479,859; 2015 AED 468,271; 2016 AED 775,000; 2017 AED 760,000; 2018 AED 785,000; 2019 AED 580,000; 2021 AED 500,000; 2026 AED 700,000Sold by developer, May 2009: AED 1,266,664 (AED 761 per sqft)Sold, September 2015: AED 650,000 (AED 390 per sqft)

1104 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1104, each contractTypical two-bed in Mazaya 03
50K75K2015201820212024Typical rent by year: 2015 AED 74,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 60,000; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 41,000; 2024 AED 55,000New contract, January 2017: AED 90,000 a yearNew contract, January 2018: AED 80,000 a yearNew contract, February 2018: AED 70,000 a yearRenewal, February 2019: AED 66,000 a yearNew contract, February 2022: AED 45,000 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 03, and where 1104 sits

All 58 2-beds →

1104 last sold in September 2015 at AED 390 per sqft, 5% above what two-beds in Mazaya 03 were fetching at the time (AED 373). Over the last 12 months two-beds sold for AED 680,000 to 700,000, around AED 561 per sqft, and rent for AED 50,000 to 50,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
12 May 2026700,000
29 Apr 2026700,000
13 Feb 2026680,000
30 Mar 2022452,000
3 2-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 11th floor

All 219 units in Mazaya 03
Value
11012-bedAED 909K · May 2009
11021-bedAED 242K · Jun 2015
11031-bedAED 375K · Apr 2019
11053-bedAED 600K · Jun 2015
11061-bedAED 720K · Dec 2015
11073-bedAED 632K · Aug 2015
11082-bedAED 540K · Sep 2015
1–7 of 11

1104, Mazaya 03 in numbers

  • Sold twice: first on 5 May 2009 for AED 1,266,664, last on 8 September 2015 for AED 650,000 (AED 390 per sqft).
  • Rented since January 2017 on 5 Ejari contracts, from AED 90,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2015 price is 6.9%, before a service charge of about AED 12,300 a year (AED 7.37 per sqft).
  • Two-beds in Mazaya 03 sold for AED 680,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.

Source: Dubai Land Department. Updated 23 February 2022.

Questions about 1104, Mazaya 03

What did unit 1104 last sell for?

AED 650,000 on 8 September 2015: AED 390 per sqft for 1,663 sqft. The unit has 2 registered sales; the first was AED 1,266,664 in May 2009.

What is the rent for unit 1104?

AED 45,000 a year on the contract signed on 23 February 2022. The previous contract, from February 2019, was AED 66,000; the unit has been rented since January 2017.

How big is unit 1104?

1,663 sqft (154.5 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2014.

What is unit 1104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 03 sold for AED 680,000 to 700,000 in the last 12 months, around AED 561 per sqft.

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Mortgage on 1104, Mazaya 03

Starts from the last sale price (AED 650K, 8 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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