1-bed · 609 sqftMazaya 03, Liwan · 1st floor · completed 2014

113, Mazaya 03

Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 5 March 2021
Last soldAED 210K17 June 2015
Current rentAED 22K /yr5 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, Mazaya 03

What is 113 worth today?

Last sold for AED 209,597 in 2015

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5 Mar 2021RentedRenewal
AED 22,000/yr12 months · AED 36 per sqft
5 Mar 2020RentedRenewal
AED 29,000/yr12 months · AED 47 per sqft
5 Mar 2019RentedNew contract
AED 32,000/yr12 months · AED 52 per sqft
17 Jun 2015Sold by developerReady
AED 209,597AED 343 per sqft

Source: Dubai Land Department. Updated 5 March 2021.

Key facts

Type
1-bed apartment
Size
609 sqft
Floor
1st of 14
Parking
G-58
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,500 /yr
Last sold
AED 210K · June 2015
Building
Mazaya 03

About 113, Mazaya 03

113 is a one-bedroom apartment of 609 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 17 June 2015 for AED 209,597, or AED 343 per sqft, 8% below the AED 372 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 5 March 2021, is AED 22,000 a year: a gross yield of 10.5% on the 2015 price, before the service charge of about AED 4,500 a year.

Sales and rents for 113 over time

Sales
Unit 113, 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 209,597 (AED 343 per sqft)

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

Rents
Unit 113, 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, March 2019: AED 32,000 a yearRenewal, March 2020: AED 29,000 a yearRenewal, March 2021: AED 22,000 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 113 sits

All 147 1-beds →

113 last sold in June 2015 at AED 343 per sqft, 8% below what one-beds in Mazaya 03 were fetching at the time (AED 372). 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

113, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 17 June 2015 for AED 209,597, or AED 343 per sqft.
  • Rented since March 2019 on 3 Ejari contracts, from AED 32,000 to AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2015 price is 10.5%, before a service charge of about AED 4,500 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 5 March 2021.

Questions about 113, Mazaya 03

What did unit 113 last sell for?

AED 209,597 on 17 June 2015, sold by the developer: AED 343 per sqft for 609 sqft. It is the only registered sale of the unit.

What is the rent for unit 113?

AED 22,000 a year on the contract renewed on 5 March 2021. The previous contract, from March 2020, was AED 29,000; the unit has been rented since March 2019.

How big is unit 113?

609 sqft (56.6 sqm): a one-bedroom apartment on the 1st floor of a 14-storey tower completed in 2014.

What is unit 113 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 113, Mazaya 03

Starts from the last sale price (AED 210K, 17 June 2015). 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 →