Home
Dubai prices
About
Research
1-bed · 515 sqftMazaya 03, Liwan · 1st floor · completed 2014

119, Mazaya 03

Sold prices and rental history: sold twice, last in July 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 119 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 368K17 July 2016
Current rentAED 18K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 119

Property timeline for 119, Mazaya 03

What is 119 worth today?

Last sold for AED 368,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Apr 2022RentedNew contract
AED 18,000/yr12 months · AED 35 per sqft
9 May 2021RentedNew contract
AED 22,000/yr12 months · AED 43 per sqft
15 Feb 2020RentedNew contract
AED 26,000/yr13 months · AED 50 per sqft
10 Oct 2018RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
1 May 2017RentedNew contract
AED 42,000/yr12 months · AED 81 per sqft
17 Jul 2016SoldReady
AED 368,000AED 714 per sqft
3 May 2009Sold by developerOff-plan
AED 365,115AED 708 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
1-bed apartment
Size
515 sqft
Floor
1st of 14
Parking
G-34
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,800 /yr
Last sold
AED 368K · July 2016
Building
Mazaya 03

About 119, Mazaya 03

119 is a one-bedroom apartment of 515 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 17 July 2016 for AED 368,000, or AED 714 per sqft, 5% above the AED 681 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 April 2022, is AED 18,000 a year: a gross yield of 4.9% on the 2016 price, before the service charge of about AED 3,800 a year.

Sales and rents for 119 over time

Sales
Unit 119, 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 365,115 (AED 708 per sqft)Sold, July 2016: AED 368,000 (AED 714 per sqft)

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

Rents
Unit 119, 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, May 2017: AED 42,000 a yearNew contract, October 2018: AED 33,000 a yearNew contract, February 2020: AED 26,000 a yearNew contract, May 2021: AED 22,000 a yearNew contract, April 2022: AED 18,000 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 119 sits

All 147 1-beds →

119 last sold in July 2016 at AED 714 per sqft, 5% above what one-beds in Mazaya 03 were fetching at the time (AED 681). 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

119, Mazaya 03 in numbers

  • Sold twice: first on 3 May 2009 for AED 365,115, last on 17 July 2016 for AED 368,000 (AED 714 per sqft).
  • Rented since May 2017 on 5 Ejari contracts, from AED 42,000 to AED 18,000 a year.
  • At AED 18,000 a year the gross yield on the 2016 price is 4.9%, before a service charge of about AED 3,800 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 April 2022.

Questions about 119, Mazaya 03

What did unit 119 last sell for?

AED 368,000 on 17 July 2016: AED 714 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 365,115 in May 2009.

What is the rent for unit 119?

AED 18,000 a year on the contract signed on 1 April 2022. The previous contract, from May 2021, was AED 22,000; the unit has been rented since May 2017.

How big is unit 119?

515 sqft (47.8 sqm): a one-bedroom apartment on the 1st floor of a 14-storey tower completed in 2014.

What is unit 119 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.

Selling 119? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 119, Mazaya 03

Starts from the last sale price (AED 368K, 17 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 368,000
Deposit, UAE resident (20%)
AED 73,600
Deposit, non-resident (40%)
AED 147,200
Monthly over 25 years at 3.7%
AED 1,506

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