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1-bed · 806 sqftMazaya 03, Liwan · 11th floor · completed 2014

1109, Mazaya 03

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

Unit 1109 · DLD and Ejari recordsUpdated 1 July 2020
Last soldAED 585K26 July 2015
Current rentAED 30K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1109, Mazaya 03

What is 1109 worth today?

Last sold for AED 585,000 in 2015

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1 Jul 2020RentedRenewal
AED 30,000/yr12 months · AED 37 per sqft
1 Jul 2019RentedRenewal
AED 35,000/yr12 months · AED 43 per sqft
1 Jul 2018RentedRenewal
AED 45,000/yr12 months · AED 56 per sqft
30 Jun 2017RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
26 Jul 2015Sold by developerReady
AED 585,000AED 725 per sqft
10 May 2015RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 July 2020.

Key facts

Type
1-bed apartment
Size
806 sqft
Floor
11th of 14
Parking
G-8
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,900 /yr
Last sold
AED 585K · July 2015
Building
Mazaya 03

About 1109, Mazaya 03

1109 is a one-bedroom apartment of 806 sqft on the 11th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 26 July 2015 for AED 585,000, or AED 725 per sqft, 93% above the AED 375 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 July 2020, is AED 30,000 a year: a gross yield of 5.1% on the 2015 price, before the service charge of about AED 5,900 a year.

Sales and rents for 1109 over time

Sales
Unit 1109, each saleTypical one-bed in Mazaya 03
400K600K2009201420192024Typical 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, July 2015: AED 585,000 (AED 725 per sqft)

1109 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1109, each contractTypical one-bed in Mazaya 03
20K40K60K20152017201920212023Typical 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, May 2015: AED 55,000 a yearNew contract, June 2017: AED 45,000 a yearRenewal, July 2018: AED 45,000 a yearRenewal, July 2019: AED 35,000 a yearRenewal, July 2020: AED 30,000 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 1109 sits

All 147 1-beds →

1109 last sold in July 2015 at AED 725 per sqft, 93% above what one-beds in Mazaya 03 were fetching at the time (AED 375). 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 11th floor

All 219 units in Mazaya 03
Value
11012-bedAED 909K · May 2009
11021-bedAED 242K · Jun 2015
11031-bedAED 375K · Apr 2019
11042-bedAED 650K · Sep 2015
11053-bedAED 600K · Jun 2015
11061-bedAED 720K · Dec 2015
11073-bedAED 632K · Aug 2015
1–7 of 11

1109, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 26 July 2015 for AED 585,000, or AED 725 per sqft.
  • Rented since May 2015 on 5 Ejari contracts, from AED 55,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2015 price is 5.1%, before a service charge of about AED 5,900 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 July 2020.

Questions about 1109, Mazaya 03

What did unit 1109 last sell for?

AED 585,000 on 26 July 2015, sold by the developer: AED 725 per sqft for 806 sqft. It is the only registered sale of the unit.

What is the rent for unit 1109?

AED 30,000 a year on the contract renewed on 1 July 2020. The previous contract, from July 2019, was AED 35,000; the unit has been rented since May 2015.

How big is unit 1109?

806 sqft (74.9 sqm): a one-bedroom apartment on the 11th floor of a 14-storey tower completed in 2014.

What is unit 1109 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 1109, Mazaya 03

Starts from the last sale price (AED 585K, 26 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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