1-bed · 806 sqftMazaya 03, Liwan · 13th floor · completed 2014

1309, 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.

Unit 1309 · DLD and Ejari recordsUpdated 10 January 2025
Last soldAED 617K6 May 2009
Current rentAED 50K /yr10 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Mazaya 03

What is 1309 worth today?

Last sold for AED 617,275 in 2009

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10 Jan 2025RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
21 Oct 2021RentedRenewal
AED 33,000/yr12 months · AED 41 per sqft
21 Oct 2020RentedRenewal
AED 33,000/yr12 months · AED 41 per sqft
21 Oct 2019RentedNew contract
AED 33,000/yr12 months · AED 41 per sqft
1 Aug 2018RentedRenewal
AED 42,000/yr12 months · AED 52 per sqft
1 Aug 2017RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
24 May 2016RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
6 May 2009Sold by developerOff-plan
AED 617,275AED 765 per sqft

Source: Dubai Land Department. Updated 10 January 2025.

Key facts

Type
1-bed apartment
Size
806 sqft
Floor
13th of 14
Parking
G-6
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,900 /yr
Last sold
AED 617K · May 2009
Building
Mazaya 03

About 1309, Mazaya 03

1309 is a one-bedroom apartment of 806 sqft on the 13th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 6 May 2009 for AED 617,275, or AED 765 per sqft, 6% above the AED 722 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 10 January 2025, is AED 50,000 a year: a gross yield of 8.1% on the 2009 price, before the service charge of about AED 5,900 a year.

Sales and rents for 1309 over time

Sales
Unit 1309, 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 617,275 (AED 765 per sqft)

1309 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1309, each contractTypical one-bed in Mazaya 03
20K40K60K2015201820212024Typical 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, May 2016: AED 55,000 a yearNew contract, August 2017: AED 45,000 a yearRenewal, August 2018: AED 42,000 a yearNew contract, October 2019: AED 33,000 a yearRenewal, October 2020: AED 33,000 a yearRenewal, October 2021: AED 33,000 a yearNew contract, January 2025: AED 50,000 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 1309 sits

All 147 1-beds →

1309 last sold in May 2009 at AED 765 per sqft, 6% above what one-beds in Mazaya 03 were fetching at the time (AED 722). 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
13031-bedAED 540K · Aug 2015
13042-bedAED 701K · Jul 2019
13053-bedAED 1M · Oct 2013
13061-bedAED 662K · May 2009
13073-bedAED 1.25M · Jul 2015
1–7 of 11

1309, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 6 May 2009 for AED 617,275, or AED 765 per sqft.
  • Rented since May 2016 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 33,000 in 2021 and recovered to AED 50,000 by January 2025.
  • At AED 50,000 a year the gross yield on the 2009 price is 8.1%, 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 10 January 2025.

Questions about 1309, Mazaya 03

What did unit 1309 last sell for?

AED 617,275 on 6 May 2009, sold by the developer: AED 765 per sqft for 806 sqft. It is the only registered sale of the unit.

What is the rent for unit 1309?

AED 50,000 a year on the contract signed on 10 January 2025. The previous contract, from October 2021, was AED 33,000; the unit has been rented since May 2016.

How big is unit 1309?

806 sqft (74.9 sqm): a one-bedroom apartment on the 13th floor of a 14-storey tower completed in 2014.

What is unit 1309 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 1309, Mazaya 03

Starts from the last sale price (AED 617K, 6 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 617,275
Deposit, UAE resident (20%)
AED 123,455
Deposit, non-resident (40%)
AED 246,910
Monthly over 25 years at 3.7%
AED 2,525

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