
1207, Mazaya 03
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, Mazaya 03
What is 1207 worth today?
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Source: Dubai Land Department. Updated 1 November 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 1,725 sqft
- Floor
- 12th of 14
- Parking
- G-141,G-142
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.3M · May 2009
- Building
- Mazaya 03
About 1207, Mazaya 03
1207 is a three-bedroom apartment of 1,725 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 4 May 2009 for AED 1,295,787, or AED 751 per sqft.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 November 2021, is AED 50,000 a year: a gross yield of 3.9% on the 2009 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1207 over time
1207 has sold once; the dashed line is the three-bed median of each year in the building.
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 1207 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20264 September 2026 | 1,813 sqft | 930,000 | 512 | ||
| 14 Apr 202114 April 2021 | 1,646 sqft | 800,000 | 485 | ||
| 17 Oct 201717 October 2017 | 1,813 sqft | 1,025,000 | 565 | ||
| 6 Dec 20156 December 2015 | 1,813 sqft | 821,848 | 453 |
Mazaya 03
Building219 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%
Other units on the 12th floor
All 219 units in Mazaya 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,131 sqft | AED 468KAED 467,500 · Sep 2015September 2015 | 42,000 /yr | |
| 1202 | 1-bed | 641 sqft | AED 241KAED 240,826 · Jul 2015July 2015 | 25,000 /yr | |
| 1203 | 1-bed | 642 sqft | AED 265KAED 265,000 · Dec 2015December 2015 | ||
| 1204 | 2-bed | 1,663 sqft | AED 425KAED 425,000 · Aug 2021August 2021 | 60,000 /yr | |
| 1205 | 3-bed | 1,646 sqft | AED 800KAED 800,000 · Apr 2021April 2021 | 43,200 /yr | |
| 1206 | 1-bed | 874 sqft | AED 575KAED 575,000 · Dec 2016December 2016 | 34,000 /yr | |
| 1208 | 2-bed | 1,515 sqft | No registered sale | ||
| 1209 | 1-bed | 806 sqft | AED 585KAED 585,000 · Apr 2016April 2016 | 30,000 /yr | |
| 1210 | 3-bed | 1,813 sqft | AED 822KAED 821,848 · Dec 2015December 2015 | 60,000 /yr | |
| 1211 | 2-bed | 1,501 sqft | AED 1.05MAED 1,045,792 · May 2015May 2015 | 40,000 /yr | |
| 1212 | 2-bed | 1,294 sqft | AED 955KAED 955,000 · Oct 2015October 2015 |
1207, Mazaya 03 in numbers
- Sold once: by Al Mazaya Real Estate on 4 May 2009 for AED 1,295,787, or AED 751 per sqft.
- Rented since August 2016 on 4 Ejari contracts, from AED 108,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2009 price is 3.9%, before a service charge of about AED 12,700 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 1 November 2021.
Questions about 1207, Mazaya 03
What did unit 1207 last sell for?
AED 1,295,787 on 4 May 2009, sold by the developer: AED 751 per sqft for 1,725 sqft. It is the only registered sale of the unit.
What is the rent for unit 1207?
AED 50,000 a year on the contract signed on 1 November 2021. The previous contract, from November 2019, was AED 65,000; the unit has been rented since August 2016.
How big is unit 1207?
1,725 sqft (160.3 sqm): a three-bedroom apartment on the 12th floor of a 14-storey tower completed in 2014.
What is unit 1207 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 1207, Mazaya 03
Starts from the last sale price (AED 1.3M, 4 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,295,787
- Deposit, UAE resident (20%)
- AED 259,157
- Deposit, non-resident (40%)
- AED 518,315
- Monthly over 25 years at 3.7%
- AED 5,301
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →