1-bed · 806 sqftMazaya 03, Liwan · 12th floor · completed 2014

1209, Mazaya 03

Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 15 February 2021
Last soldAED 585K14 April 2016
Current rentAED 30K /yr15 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Mazaya 03

What is 1209 worth today?

Last sold for AED 585,000 in 2016

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15 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 37 per sqft
15 Feb 2020RentedNew contract
AED 33,000/yr12 months · AED 41 per sqft
25 Jan 2019RentedRenewal
AED 40,000/yr12 months · AED 50 per sqft
25 Jan 2018RentedNew contract
AED 44,000/yr12 months · AED 55 per sqft
1 Jan 2017RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
14 Apr 2016Sold by developerReady
AED 585,000AED 725 per sqft

Source: Dubai Land Department. Updated 15 February 2021.

Key facts

Type
1-bed apartment
Size
806 sqft
Floor
12th of 14
Parking
G-7
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,900 /yr
Last sold
AED 585K · April 2016
Building
Mazaya 03

About 1209, Mazaya 03

1209 is a one-bedroom apartment of 806 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 April 2016 for AED 585,000, or AED 725 per sqft, 93% above the AED 376 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 15 February 2021, is AED 30,000 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 5,900 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, 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, April 2016: AED 585,000 (AED 725 per sqft)

1209 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1209, 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, January 2017: AED 48,000 a yearNew contract, January 2018: AED 44,000 a yearRenewal, January 2019: AED 40,000 a yearNew contract, February 2020: AED 33,000 a yearNew contract, February 2021: AED 30,000 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 1209 sits

All 147 1-beds →

1209 last sold in April 2016 at AED 725 per sqft, 93% above what one-beds in Mazaya 03 were fetching at the time (AED 376). 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
12061-bedAED 575K · Dec 2016
12073-bedAED 1.3M · May 2009
1–7 of 11

1209, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 14 April 2016 for AED 585,000, or AED 725 per sqft.
  • Rented since January 2017 on 5 Ejari contracts, from AED 48,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2016 price is 5.1%, before a service charge of about AED 5,900 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 15 February 2021.

Questions about 1209, Mazaya 03

What did unit 1209 last sell for?

AED 585,000 on 14 April 2016, sold by the developer: AED 725 per sqft for 806 sqft. It is the only registered sale of the unit.

What is the rent for unit 1209?

AED 30,000 a year on the contract signed on 15 February 2021. The previous contract, from February 2020, was AED 33,000; the unit has been rented since January 2017.

How big is unit 1209?

806 sqft (74.9 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower completed in 2014.

What is unit 1209 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 1209, Mazaya 03

Starts from the last sale price (AED 585K, 14 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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