1-bed · 642 sqftMazaya 03, Liwan · 12th floor · completed 2014

1203, Mazaya 03

Sold prices and rental history: sold twice, last in December 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 16 December 2015
Last soldAED 265K16 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Mazaya 03

What is 1203 worth today?

Last sold for AED 265,000 in 2015

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16 Dec 2015SoldReady
AED 265,000AED 412 per sqft
5 May 2009Sold by developerOff-plan
AED 469,768AED 731 per sqft

Source: Dubai Land Department. Updated 16 December 2015.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
12th of 14
Parking
G-11
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 265K · December 2015
Building
Mazaya 03

About 1203, Mazaya 03

1203 is a one-bedroom apartment of 642 sqft on the 12th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 16 December 2015 for AED 265,000, or AED 412 per sqft, 10% above the AED 375 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1203 over time

Sales
Unit 1203, 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, May 2009: AED 469,768 (AED 731 per sqft)Sold, December 2015: AED 265,000 (AED 412 per sqft)

1203 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, 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 25,650

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 1203 sits

All 147 1-beds →

1203 last sold in December 2015 at AED 412 per sqft, 10% above what one-beds in Mazaya 03 were fetching at the time (AED 375). 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
12021-bedAED 241K · Jul 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

1203, Mazaya 03 in numbers

  • Sold twice: first on 5 May 2009 for AED 469,768, last on 16 December 2015 for AED 265,000 (AED 412 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 16 December 2015.

Questions about 1203, Mazaya 03

What did unit 1203 last sell for?

AED 265,000 on 16 December 2015: AED 412 per sqft for 642 sqft. The unit has 2 registered sales; the first was AED 469,768 in May 2009.

How big is unit 1203?

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

What is unit 1203 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 1203, Mazaya 03

Starts from the last sale price (AED 265K, 16 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 265,000
Deposit, UAE resident (20%)
AED 53,000
Deposit, non-resident (40%)
AED 106,000
Monthly over 25 years at 3.7%
AED 1,084

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