3-bed · 1,813 sqftMazaya 03, Liwan · 13th floor · completed 2014

1310, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1310 · DLD and Ejari recordsUpdated 20 August 2022
Last soldAED 1.32M6 May 2009
Current rentAED 50K /yr20 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1310, Mazaya 03

What is 1310 worth today?

Last sold for AED 1,315,721 in 2009

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20 Aug 2022RentedNew contract
AED 50,000/yr12 months · AED 28 per sqft
20 May 2022RentedNew contract
AED 55,000/yr12 months · AED 30 per sqft
30 Jan 2021RentedRenewal
AED 54,000/yr12 months · AED 30 per sqft
30 Jan 2020RentedNew contract
AED 60,000/yr12 months · AED 33 per sqft
25 Jan 2019RentedNew contract
AED 70,000/yr12 months · AED 39 per sqft
7 May 2015RentedNew contract
AED 105,000/yr12 months · AED 58 per sqft
6 May 2009Sold by developerOff-plan
AED 1,315,721AED 725 per sqft

Source: Dubai Land Department. Updated 20 August 2022.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
13th of 14
Parking
G-105,G-106
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 1.32M · May 2009
Building
Mazaya 03

About 1310, Mazaya 03

1310 is a three-bedroom apartment of 1,813 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 1,315,721, or AED 725 per sqft, in line with the AED 733 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 20 August 2022, is AED 50,000 a year: a gross yield of 3.8% on the 2009 price, before the service charge of about AED 13,400 a year.

Sales and rents for 1310 over time

Sales
Unit 1310, each saleTypical three-bed in Mazaya 03
1M2009201120132015Typical sale price by year: 2009 AED 1,295,787; 2015 AED 691,231Sold by developer, May 2009: AED 1,315,721 (AED 725 per sqft)

1310 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1310, each contractTypical three-bed in Mazaya 03
50K75K100K201520182021Typical rent by year: 2015 AED 105,000; 2016 AED 95,000; 2017 AED 80,000; 2019 AED 72,500; 2020 AED 65,000; 2021 AED 52,000New contract, May 2015: AED 105,000 a yearNew contract, January 2019: AED 70,000 a yearNew contract, January 2020: AED 60,000 a yearRenewal, January 2021: AED 54,000 a yearNew contract, May 2022: AED 55,000 a yearNew contract, August 2022: AED 50,000 a year

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 1310 sits

All 13 3-beds →

1310 last sold in May 2009 at AED 725 per sqft, in line with what three-beds in Mazaya 03 were fetching at the time (AED 733). Over the last 12 months three-beds sold for AED 930,000, around AED 512 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Sep 2026930,000
14 Apr 2021800,000
17 Oct 20171,025,000
6 Dec 2015821,848
1 3-bed sale 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

1310, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 6 May 2009 for AED 1,315,721, or AED 725 per sqft.
  • Rented since May 2015 on 6 Ejari contracts, from AED 105,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2009 price is 3.8%, before a service charge of about AED 13,400 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 20 August 2022.

Questions about 1310, Mazaya 03

What did unit 1310 last sell for?

AED 1,315,721 on 6 May 2009, sold by the developer: AED 725 per sqft for 1,813 sqft. It is the only registered sale of the unit.

What is the rent for unit 1310?

AED 50,000 a year on the contract signed on 20 August 2022. The previous contract, from May 2022, was AED 55,000; the unit has been rented since May 2015.

How big is unit 1310?

1,813 sqft (168.4 sqm): a three-bedroom apartment on the 13th floor of a 14-storey tower completed in 2014.

What is unit 1310 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 1310, Mazaya 03

Starts from the last sale price (AED 1.32M, 6 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,315,721
Deposit, UAE resident (20%)
AED 263,144
Deposit, non-resident (40%)
AED 526,288
Monthly over 25 years at 3.7%
AED 5,383

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