1-bed · 619 sqftMazaya 03, Liwan · 1st floor · completed 2014

112, Mazaya 03

Sold prices and rental history: sold once, by the developer in July 2016, and rented once, from November 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 20 July 2016
Last soldAED 210K20 July 2016
Current rentAED 50K /yr5 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Mazaya 03

What is 112 worth today?

Last sold for AED 209,597 in 2016

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20 Jul 2016Sold by developerReady
AED 209,597AED 338 per sqft
5 Nov 2015RentedNew contract
AED 50,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 20 July 2016.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
1st of 14
Parking
G-23
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,600 /yr
Last sold
AED 210K · July 2016
Building
Mazaya 03

About 112, Mazaya 03

112 is a one-bedroom apartment of 619 sqft on the 1st floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 20 July 2016 for AED 209,597, or AED 338 per sqft, 52% below the AED 697 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 November 2015. The current contract, signed on 5 November 2015, is AED 50,000 a year: a gross yield of 23.9% on the 2016 price, before the service charge of about AED 4,600 a year.

Sales and rents for 112 over time

Sales
Unit 112, 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, July 2016: AED 209,597 (AED 338 per sqft)

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

Rents
Unit 112, 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, November 2015: AED 50,000 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 112 sits

All 147 1-beds →

112 last sold in July 2016 at AED 338 per sqft, 52% below what one-beds in Mazaya 03 were fetching at the time (AED 697). 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

112, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 20 July 2016 for AED 209,597, or AED 338 per sqft.
  • Rented since November 2015 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 23.9%, 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 20 July 2016.

Questions about 112, Mazaya 03

What did unit 112 last sell for?

AED 209,597 on 20 July 2016, sold by the developer: AED 338 per sqft for 619 sqft. It is the only registered sale of the unit.

What is the rent for unit 112?

AED 50,000 a year on the contract signed on 5 November 2015.

How big is unit 112?

619 sqft (57.5 sqm): a one-bedroom apartment on the 1st floor of a 14-storey tower completed in 2014.

What is unit 112 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 112, Mazaya 03

Starts from the last sale price (AED 210K, 20 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 209,597
Deposit, UAE resident (20%)
AED 41,919
Deposit, non-resident (40%)
AED 83,839
Monthly over 25 years at 3.7%
AED 858

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