115, Mazaya 03
Sold prices and rental history: sold once, by the developer in November 2015, and rented once, from August 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 115, Mazaya 03
What is 115 worth today?
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Source: Dubai Land Department. Updated 1 August 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,098 sqft
- Floor
- 1st of 14
- Parking
- B-42
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 8,100 /yr
- Last sold
- AED 377K · November 2015
- Building
- Mazaya 03
About 115, Mazaya 03
115 is a two-bedroom apartment of 1,098 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 16 November 2015 for AED 376,646, or AED 342 per sqft, 8% below the AED 372 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 August 2019. The current contract, signed on 1 August 2019, is AED 53,000 a year: a gross yield of 14.1% on the 2015 price, before the service charge of about AED 8,100 a year.
Sales and rents for 115 over time
115 has sold once; the dashed line is the two-bed median of each year in the building.
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 115 sits
All 58 2-beds →115 last sold in November 2015 at AED 342 per sqft, 8% below what two-beds in Mazaya 03 were fetching at the time (AED 372). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 May 202612 May 2026 | 1,246 sqft | 700,000 | 561 | ||
| 29 Apr 202629 April 2026 | 1,501 sqft | 700,000 | 466 | ||
| 13 Feb 202613 February 2026 | 1,168 sqft | 680,000 | 582 | ||
| 30 Mar 202230 March 2022 | 1,214 sqft | 452,000 | 372 |
Mazaya 03
Building219 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%
Other units on the 1st floor
All 219 units in Mazaya 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 521 sqft | AED 186KAED 185,830 · Jul 2015July 2015 | 40,000 /yr | |
| 102 | 1-bed | 593 sqft | AED 450KAED 450,000 · Jan 2026January 2026 | 25,000 /yr | |
| 103 | 1-bed | 321 sqft | AED 125KAED 125,000 · Jun 2022June 2022 | 20,000 /yr | |
| 104 | 1-bed | 642 sqft | AED 300KAED 300,000 · Sep 2021September 2021 | 25,000 /yr | |
| 105 | 2-bed | 1,168 sqft | AED 490KAED 490,000 · Jun 2021June 2021 | 48,000 /yr | |
| 106 | 2-bed | 1,214 sqft | AED 452KAED 452,000 · Mar 2022March 2022 | 45,000 /yr | |
| 107 | 1-bed | 910 sqft | AED 520KAED 520,000 · Jan 2026January 2026 | 30,000 /yr | |
| 108 | 1-bed | 893 sqft | AED 405KAED 405,000 · May 2025May 2025 | 28,000 /yr | |
| 109 | 1-bed | 933 sqft | AED 629KAED 629,344 · May 2009May 2009 | 27,000 /yr | |
| 110 | 1-bed | 618 sqft | AED 419KAED 419,193 · May 2009May 2009 | 23,000 /yr | |
| 111 | 1-bed | 618 sqft | AED 490KAED 490,000 · Oct 2016October 2016 | 35,000 /yr | |
| 112 | 1-bed | 619 sqft | AED 210KAED 209,597 · Jul 2016July 2016 | 50,000 /yr | |
| 113 | 1-bed | 609 sqft | AED 210KAED 209,597 · Jun 2015June 2015 | 22,000 /yr | |
| 114 | 2-bed | 1,294 sqft | AED 458KAED 458,321 · Jun 2015June 2015 | 45,000 /yr | |
| 116 | 1-bed | 632 sqft | AED 463KAED 463,000 · Oct 2017October 2017 | 25,000 /yr | |
| 117 | 1-bed | 834 sqft | AED 309KAED 308,795 · Jul 2015July 2015 | 30,500 /yr | |
| 118 | 1-bed | 781 sqft | AED 364KAED 364,248 · Jul 2025July 2025 | 50,000 /yr | |
| 119 | 1-bed | 515 sqft | AED 368KAED 368,000 · Jul 2016July 2016 | 18,000 /yr |
115, Mazaya 03 in numbers
- Sold once: by Al Mazaya Real Estate on 16 November 2015 for AED 376,646, or AED 342 per sqft.
- Rented since August 2019 on one Ejari contract, at AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2015 price is 14.1%, before a service charge of about AED 8,100 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 1 August 2019.
Questions about 115, Mazaya 03
What did unit 115 last sell for?
AED 376,646 on 16 November 2015, sold by the developer: AED 342 per sqft for 1,098 sqft. It is the only registered sale of the unit.
What is the rent for unit 115?
AED 53,000 a year on the contract signed on 1 August 2019.
How big is unit 115?
1,098 sqft (102.0 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2014.
What is unit 115 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 115, Mazaya 03
Starts from the last sale price (AED 377K, 16 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 376,646
- Deposit, UAE resident (20%)
- AED 75,329
- Deposit, non-resident (40%)
- AED 150,658
- Monthly over 25 years at 3.7%
- AED 1,541
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →