3-bed · 1,646 sqftMazaya 03, Liwan · 12th floor · completed 2014

1205, Mazaya 03

Sold prices and rental history: sold twice, last in April 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 10 May 2021
Last soldAED 800K14 April 2021
Current rentAED 43K /yr10 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Mazaya 03

What is 1205 worth today?

Last sold for AED 800,000 in 2021

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10 May 2021RentedRenewal
AED 43,200/yr5 months · AED 26 per sqft
14 Apr 2021SoldReady
AED 800,000AED 485 per sqft
10 May 2020RentedRenewal
AED 67,000/yr12 months · AED 41 per sqft
10 May 2019RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
10 May 2018RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
10 May 2017RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
10 May 2016RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
10 May 2015RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 10 May 2021.

Key facts

Type
3-bed apartment
Size
1,646 sqft
Floor
12th of 14
Parking
B-17,B-18
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,100 /yr
Last sold
AED 800K · April 2021
Building
Mazaya 03

About 1205, Mazaya 03

1205 is a three-bedroom apartment of 1,646 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 14 April 2021 for AED 800,000, or AED 485 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 10 May 2021, is AED 43,200 a year: a gross yield of 5.4% on the 2021 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical three-bed in Mazaya 03
1M2009201320172021Typical sale price by year: 2009 AED 1,295,787; 2015 AED 691,231Sold by developer, May 2009: AED 1,220,592 (AED 741 per sqft)Sold, April 2021: AED 800,000 (AED 485 per sqft)

1205 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1205, each contractTypical three-bed in Mazaya 03
50K100K2015201720192021Typical rent by year: 2015 AED 105,000; 2016 AED 95,000; 2017 AED 80,000; 2019 AED 72,500; 2020 AED 65,000; 2021 AED 52,000New contract, May 2015: AED 90,000 a yearRenewal, May 2016: AED 90,000 a yearRenewal, May 2017: AED 90,000 a yearRenewal, May 2018: AED 90,000 a yearRenewal, May 2019: AED 90,000 a yearRenewal, May 2020: AED 67,000 a yearRenewal, May 2021: AED 43,200 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Mazaya 03, and where 1205 sits

All 13 3-beds →

Over the last 12 months three-beds sold for AED 930,000, around AED 512 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Sep 2026930,000
17 Oct 20171,025,000
6 Dec 2015821,848
9 Sep 2015667,500
1 3-bed sale 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
12031-bedAED 265K · Dec 2015
12042-bedAED 425K · Aug 2021
12061-bedAED 575K · Dec 2016
12073-bedAED 1.3M · May 2009
12082-bedNo registered sale
1–7 of 11

1205, Mazaya 03 in numbers

  • Sold twice: first on 5 May 2009 for AED 1,220,592, last on 14 April 2021 for AED 800,000 (AED 485 per sqft).
  • Rented since May 2015 on 7 Ejari contracts, from AED 90,000 to AED 43,200 a year.
  • At AED 43,200 a year the gross yield on the 2021 price is 5.4%, before a service charge of about AED 12,100 a year (AED 7.37 per sqft).
  • Three-beds in Mazaya 03 sold for AED 930,000–930,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.

Source: Dubai Land Department. Updated 10 May 2021.

Questions about 1205, Mazaya 03

What did unit 1205 last sell for?

AED 800,000 on 14 April 2021: AED 485 per sqft for 1,646 sqft. The unit has 2 registered sales; the first was AED 1,220,592 in May 2009.

What is the rent for unit 1205?

AED 43,200 a year on the contract renewed on 10 May 2021. The previous contract, from May 2020, was AED 67,000; the unit has been rented since May 2015.

How big is unit 1205?

1,646 sqft (152.9 sqm): a three-bedroom apartment on the 12th floor of a 14-storey tower completed in 2014.

What is unit 1205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 03 sold for AED 930,000 to 930,000 in the last 12 months, around AED 512 per sqft.

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Mortgage on 1205, Mazaya 03

Starts from the last sale price (AED 800K, 14 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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