1-bed · 874 sqftMazaya 03, Liwan · 12th floor · completed 2014

1206, Mazaya 03

Sold prices and rental history: sold 3 times, last in December 2016, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 1 February 2020
Last soldAED 575K15 December 2016
Current rentAED 34K /yr1 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Mazaya 03

What is 1206 worth today?

Last sold for AED 575,000 in 2016

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1 Feb 2020RentedNew contract
AED 34,000/yr12 months · AED 39 per sqft
15 Dec 2016SoldReady
AED 575,000AED 657 per sqft
21 Nov 2015RentedNew contract
AED 60,000/yr12 months · AED 69 per sqft
5 Oct 2015SoldReady
AED 665,000AED 760 per sqft
5 May 2009Sold by developerOff-plan
AED 665,888AED 761 per sqft

Source: Dubai Land Department. Updated 1 February 2020.

Key facts

Type
1-bed apartment
Size
874 sqft
Floor
12th of 14
Parking
G-95
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 575K · December 2016
Building
Mazaya 03

About 1206, Mazaya 03

1206 is a one-bedroom apartment of 874 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 15 December 2016 for AED 575,000, or AED 657 per sqft, 8% below the AED 718 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 February 2020, is AED 34,000 a year: a gross yield of 5.9% on the 2016 price, before the service charge of about AED 6,400 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical one-bed in Mazaya 03
400K600K2009201420192024Typical 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 665,888 (AED 761 per sqft)Sold, October 2015: AED 665,000 (AED 760 per sqft)Sold, December 2016: AED 575,000 (AED 657 per sqft)

1206 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, each contractTypical one-bed in Mazaya 03
20K40K60K20152017201920212023Typical 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, November 2015: AED 60,000 a yearNew contract, February 2020: AED 34,000 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 1206 sits

All 147 1-beds →

1206 last sold in December 2016 at AED 657 per sqft, 8% below what one-beds in Mazaya 03 were fetching at the time (AED 718). 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
12031-bedAED 265K · Dec 2015
12042-bedAED 425K · Aug 2021
12053-bedAED 800K · Apr 2021
12073-bedAED 1.3M · May 2009
12082-bedNo registered sale
1–7 of 11

1206, Mazaya 03 in numbers

  • Sold 3 times: first on 5 May 2009 for AED 665,888, last on 15 December 2016 for AED 575,000 (AED 657 per sqft).
  • Rented since November 2015 on 2 Ejari contracts, from AED 60,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2016 price is 5.9%, before a service charge of about AED 6,400 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 February 2020.

Questions about 1206, Mazaya 03

What did unit 1206 last sell for?

AED 575,000 on 15 December 2016: AED 657 per sqft for 874 sqft. The unit has 3 registered sales; the first was AED 665,888 in May 2009.

What is the rent for unit 1206?

AED 34,000 a year on the contract signed on 1 February 2020. The previous contract, from November 2015, was AED 60,000.

How big is unit 1206?

874 sqft (81.2 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower completed in 2014.

What is unit 1206 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 1206, Mazaya 03

Starts from the last sale price (AED 575K, 15 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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