1-bed · 642 sqftMazaya 03, Liwan · 13th floor · completed 2014

1303, Mazaya 03

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

Unit 1303 · DLD and Ejari recordsUpdated 10 August 2021
Last soldAED 540K4 August 2015
Current rentAED 23K /yr10 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Mazaya 03

What is 1303 worth today?

Last sold for AED 540,000 in 2015

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10 Aug 2021RentedNew contract
AED 23,000/yr12 months · AED 36 per sqft
15 Jul 2020RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
15 Jun 2019RentedNew contract
AED 32,000/yr12 months · AED 50 per sqft
15 May 2018RentedNew contract
AED 43,000/yr12 months · AED 67 per sqft
1 Sep 2015RentedNew contract
AED 52,000/yr12 months · AED 81 per sqft
4 Aug 2015SoldReady
AED 540,000AED 840 per sqft
6 May 2009Sold by developerOff-plan
AED 473,172AED 736 per sqft

Source: Dubai Land Department. Updated 10 August 2021.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
13th of 14
Parking
G-10
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 540K · August 2015
Building
Mazaya 03

About 1303, Mazaya 03

1303 is a one-bedroom apartment of 642 sqft on the 13th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 4 August 2015 for AED 540,000, or AED 840 per sqft, 125% above the AED 374 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 10 August 2021, is AED 23,000 a year: a gross yield of 4.3% on the 2015 price, before the service charge of about AED 4,700 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, 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 473,172 (AED 736 per sqft)Sold, August 2015: AED 540,000 (AED 840 per sqft)

1303 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1303, each contractTypical one-bed in Mazaya 03
20K40K20152017201920212023Typical 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, September 2015: AED 52,000 a yearNew contract, May 2018: AED 43,000 a yearNew contract, June 2019: AED 32,000 a yearNew contract, July 2020: AED 30,000 a yearNew contract, August 2021: AED 23,000 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 1303 sits

All 147 1-beds →

1303 last sold in August 2015 at AED 840 per sqft, 125% above what one-beds in Mazaya 03 were fetching at the time (AED 374). 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 13th floor

All 219 units in Mazaya 03
Value
13012-bedAED 909K · May 2009
13021-bedAED 475K · Feb 2016
13042-bedAED 701K · Jul 2019
13053-bedAED 1M · Oct 2013
13061-bedAED 662K · May 2009
13073-bedAED 1.25M · Jul 2015
13082-bedAED 1.27M · May 2009
1–7 of 11

1303, Mazaya 03 in numbers

  • Sold twice: first on 6 May 2009 for AED 473,172, last on 4 August 2015 for AED 540,000 (AED 840 per sqft).
  • Rented since September 2015 on 5 Ejari contracts, from AED 52,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2015 price is 4.3%, before a service charge of about AED 4,700 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 10 August 2021.

Questions about 1303, Mazaya 03

What did unit 1303 last sell for?

AED 540,000 on 4 August 2015: AED 840 per sqft for 642 sqft. The unit has 2 registered sales; the first was AED 473,172 in May 2009.

What is the rent for unit 1303?

AED 23,000 a year on the contract signed on 10 August 2021. The previous contract, from July 2020, was AED 30,000; the unit has been rented since September 2015.

How big is unit 1303?

642 sqft (59.6 sqm): a one-bedroom apartment on the 13th floor of a 14-storey tower completed in 2014.

What is unit 1303 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 1303, Mazaya 03

Starts from the last sale price (AED 540K, 4 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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