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1-bed · 641 sqftMazaya 03, Liwan · 12th floor · completed 2014

1202, Mazaya 03

Sold prices and rental history: sold once, by the developer in July 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 1 December 2021
Last soldAED 241K14 July 2015
Current rentAED 25K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1202, Mazaya 03

What is 1202 worth today?

Last sold for AED 240,826 in 2015

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1 Dec 2021RentedNew contract
AED 25,000/yr12 months · AED 39 per sqft
23 Dec 2019RentedNew contract
AED 30,360/yr12 months · AED 47 per sqft
23 Dec 2018RentedNew contract
AED 33,000/yr12 months · AED 51 per sqft
14 Jul 2015Sold by developerReady
AED 240,826AED 375 per sqft

Source: Dubai Land Department. Updated 1 December 2021.

Key facts

Type
1-bed apartment
Size
641 sqft
Floor
12th of 14
Parking
G-16
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 241K · July 2015
Building
Mazaya 03

About 1202, Mazaya 03

1202 is a one-bedroom apartment of 641 sqft on the 12th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 14 July 2015 for AED 240,826, or AED 375 per sqft, in line with the AED 372 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 December 2021, is AED 25,000 a year: a gross yield of 10.4% on the 2015 price, before the service charge of about AED 4,700 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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 2015: AED 240,826 (AED 375 per sqft)

1202 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1202, 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, December 2018: AED 33,000 a yearNew contract, December 2019: AED 30,360 a yearNew contract, December 2021: AED 25,000 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 1202 sits

All 147 1-beds →

1202 last sold in July 2015 at AED 375 per sqft, in line with 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 12th floor

All 219 units in Mazaya 03
Value
12012-bedAED 468K · Sep 2015
12031-bedAED 265K · Dec 2015
12042-bedAED 425K · Aug 2021
12053-bedAED 800K · Apr 2021
12061-bedAED 575K · Dec 2016
12073-bedAED 1.3M · May 2009
12082-bedNo registered sale
1–7 of 11

1202, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 14 July 2015 for AED 240,826, or AED 375 per sqft.
  • Rented since December 2018 on 3 Ejari contracts, from AED 33,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2015 price is 10.4%, before a service charge of about AED 4,700 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 December 2021.

Questions about 1202, Mazaya 03

What did unit 1202 last sell for?

AED 240,826 on 14 July 2015, sold by the developer: AED 375 per sqft for 641 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 25,000 a year on the contract signed on 1 December 2021. The previous contract, from December 2019, was AED 30,360; the unit has been rented since December 2018.

How big is unit 1202?

641 sqft (59.6 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower completed in 2014.

What is unit 1202 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 1202, Mazaya 03

Starts from the last sale price (AED 241K, 14 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 240,826
Deposit, UAE resident (20%)
AED 48,165
Deposit, non-resident (40%)
AED 96,330
Monthly over 25 years at 3.7%
AED 985

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