1-bed · 781 sqftMazaya 03, Liwan · 1st floor · completed 2014

118, Mazaya 03

Sold prices and rental history: sold 3 times, last in July 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 364K7 July 2025
Current rentAED 50K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Mazaya 03

What is 118 worth today?

Last sold for AED 364,248 in 2025

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1 Mar 2026RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft
7 Jul 2025SoldReady
AED 364,248AED 466 per sqft
1 Apr 2021RentedNew contract
AED 26,000/yr12 months · AED 33 per sqft
1 Feb 2020RentedNew contract
AED 33,000/yr12 months · AED 42 per sqft
17 Jul 2017SoldReady
AED 490,000AED 627 per sqft
15 Sep 2015Sold by developerReady
AED 262,125AED 335 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
1-bed apartment
Size
781 sqft
Floor
1st of 14
Parking
G-81
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,800 /yr
Last sold
AED 364K · July 2025
Building
Mazaya 03

About 118, Mazaya 03

118 is a one-bedroom apartment of 781 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 7 July 2025 for AED 364,248, or AED 466 per sqft, in line with the AED 464 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 March 2026, is AED 50,000 a year: a gross yield of 13.7% on the 2025 price, before the service charge of about AED 5,800 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical one-bed in Mazaya 03
400K2009201420192024Typical 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, September 2015: AED 262,125 (AED 335 per sqft)Sold, July 2017: AED 490,000 (AED 627 per sqft)Sold, July 2025: AED 364,248 (AED 466 per sqft)

118 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 118, each contractTypical one-bed in Mazaya 03
40K2015201820212024Typical 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, February 2020: AED 33,000 a yearNew contract, April 2021: AED 26,000 a yearNew contract, March 2026: 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 118 sits

All 147 1-beds →

118 last sold in July 2025 at AED 466 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 464). 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

118, Mazaya 03 in numbers

  • Sold 3 times: first on 15 September 2015 for AED 262,125, last on 7 July 2025 for AED 364,248 (AED 466 per sqft).
  • Rented since February 2020 on 3 Ejari contracts. The rent fell from AED 33,000 to AED 26,000 in 2021 and recovered to AED 50,000 by March 2026.
  • At AED 50,000 a year the gross yield on the 2025 price is 13.7%, before a service charge of about AED 5,800 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 March 2026.

Questions about 118, Mazaya 03

What did unit 118 last sell for?

AED 364,248 on 7 July 2025: AED 466 per sqft for 781 sqft. The unit has 3 registered sales; the first was AED 262,125 in September 2015.

What is the rent for unit 118?

AED 50,000 a year on the contract signed on 1 March 2026. The previous contract, from April 2021, was AED 26,000; the unit has been rented since February 2020.

How big is unit 118?

781 sqft (72.6 sqm): a one-bedroom apartment on the 1st floor of a 14-storey tower completed in 2014.

What is unit 118 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 118, Mazaya 03

Starts from the last sale price (AED 364K, 7 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 364,248
Deposit, UAE resident (20%)
AED 72,850
Deposit, non-resident (40%)
AED 145,699
Monthly over 25 years at 3.7%
AED 1,490

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