1-bed · 618 sqftMazaya 03, Liwan · 1st floor · completed 2014

111, Mazaya 03

Sold prices and rental history: sold twice, last in October 2016, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 15 July 2019
Last soldAED 490K5 October 2016
Current rentAED 35K /yr15 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Mazaya 03

What is 111 worth today?

Last sold for AED 490,000 in 2016

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15 Jul 2019RentedNew contract
AED 35,000/yr12 months · AED 57 per sqft
15 Jul 2018RentedNew contract
AED 38,000/yr12 months · AED 62 per sqft
5 Oct 2016SoldReady
AED 490,000AED 793 per sqft
4 May 2009Sold by developerOff-plan
AED 419,193AED 678 per sqft

Source: Dubai Land Department. Updated 15 July 2019.

Key facts

Type
1-bed apartment
Size
618 sqft
Floor
1st of 14
Parking
G-64
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,600 /yr
Last sold
AED 490K · October 2016
Building
Mazaya 03

About 111, Mazaya 03

111 is a one-bedroom apartment of 618 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 5 October 2016 for AED 490,000, or AED 793 per sqft, 12% above the AED 707 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 15 July 2019, is AED 35,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 4,600 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Mazaya 03
300K400K500K2009201420192024Typical 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, May 2009: AED 419,193 (AED 678 per sqft)Sold, October 2016: AED 490,000 (AED 793 per sqft)

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

Rents
Unit 111, 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, July 2018: AED 38,000 a yearNew contract, July 2019: AED 35,000 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 111 sits

All 147 1-beds →

111 last sold in October 2016 at AED 793 per sqft, 12% above what one-beds in Mazaya 03 were fetching at the time (AED 707). 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
1031-bedAED 125K · Jun 2022
1041-bedAED 300K · Sep 2021
1052-bedAED 490K · Jun 2021
1062-bedAED 452K · Mar 2022
1071-bedAED 520K · Jan 2026
1–7 of 18

111, Mazaya 03 in numbers

  • Sold twice: first on 4 May 2009 for AED 419,193, last on 5 October 2016 for AED 490,000 (AED 793 per sqft).
  • Rented since July 2018 on 2 Ejari contracts, from AED 38,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 4,600 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 15 July 2019.

Questions about 111, Mazaya 03

What did unit 111 last sell for?

AED 490,000 on 5 October 2016: AED 793 per sqft for 618 sqft. The unit has 2 registered sales; the first was AED 419,193 in May 2009.

What is the rent for unit 111?

AED 35,000 a year on the contract signed on 15 July 2019. The previous contract, from July 2018, was AED 38,000.

How big is unit 111?

618 sqft (57.4 sqm): a one-bedroom apartment on the 1st floor of a 14-storey tower completed in 2014.

What is unit 111 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 111, Mazaya 03

Starts from the last sale price (AED 490K, 5 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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