2-bed · 1,294 sqftMazaya 03, Liwan · 13th floor · completed 2014

1312, Mazaya 03

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

Unit 1312 · DLD and Ejari recordsUpdated 15 February 2022
Last soldAED 470K8 July 2015
Current rentAED 43K /yr15 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1312, Mazaya 03

What is 1312 worth today?

Last sold for AED 470,000 in 2015

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15 Feb 2022RentedNew contract
AED 43,000/yr12 months · AED 33 per sqft
13 Sep 2020RentedRenewal
AED 42,000/yr12 months · AED 33 per sqft
14 Sep 2019RentedRenewal
AED 52,140/yr12 months · AED 40 per sqft
14 Sep 2018RentedRenewal
AED 65,000/yr12 months · AED 50 per sqft
15 Sep 2017RentedRenewal
AED 74,199/yr12 months · AED 57 per sqft
15 Sep 2016RentedRenewal
AED 80,000/yr12 months · AED 62 per sqft
15 Sep 2015RentedNew contract
AED 83,000/yr12 months · AED 64 per sqft
8 Jul 2015SoldReady
AED 470,000AED 363 per sqft

Source: Dubai Land Department. Updated 15 February 2022.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
13th of 14
Parking
B-91
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,500 /yr
Last sold
AED 470K · July 2015
Building
Mazaya 03

About 1312, Mazaya 03

1312 is a two-bedroom apartment of 1,294 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 8 July 2015 for AED 470,000, or AED 363 per sqft, in line with the AED 371 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 15 February 2022, is AED 43,000 a year: a gross yield of 9.2% on the 2015 price, before the service charge of about AED 9,500 a year.

Sales and rents for 1312 over time

Sales
Unit 1312, each saleTypical two-bed in Mazaya 03
500K750K2009201420192024Typical sale price by year: 2009 AED 884,813; 2013 AED 479,859; 2015 AED 468,271; 2016 AED 775,000; 2017 AED 760,000; 2018 AED 785,000; 2019 AED 580,000; 2021 AED 500,000; 2026 AED 700,000Sold by developer, April 2014: AED 417,858 (AED 322 per sqft)Sold, July 2015: AED 470,000 (AED 363 per sqft)

1312 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1312, each contractTypical two-bed in Mazaya 03
40K60K80K2015201820212024Typical rent by year: 2015 AED 74,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 60,000; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 41,000; 2024 AED 55,000New contract, September 2015: AED 83,000 a yearRenewal, September 2016: AED 80,000 a yearRenewal, September 2017: AED 74,199 a yearRenewal, September 2018: AED 65,000 a yearRenewal, September 2019: AED 52,140 a yearRenewal, September 2020: AED 42,000 a yearNew contract, February 2022: AED 43,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 03, and where 1312 sits

All 58 2-beds →

1312 last sold in July 2015 at AED 363 per sqft, in line with what two-beds in Mazaya 03 were fetching at the time (AED 371). Over the last 12 months two-beds sold for AED 680,000 to 700,000, around AED 561 per sqft, and rent for AED 50,000 to 50,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
12 May 2026700,000
29 Apr 2026700,000
13 Feb 2026680,000
30 Mar 2022452,000
3 2-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

1312, Mazaya 03 in numbers

  • Sold twice: first on 10 April 2014 for AED 417,858, last on 8 July 2015 for AED 470,000 (AED 363 per sqft).
  • Rented since September 2015 on 7 Ejari contracts, from AED 83,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2015 price is 9.2%, before a service charge of about AED 9,500 a year (AED 7.37 per sqft).
  • Two-beds in Mazaya 03 sold for AED 680,000–700,000 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 2022.

Questions about 1312, Mazaya 03

What did unit 1312 last sell for?

AED 470,000 on 8 July 2015: AED 363 per sqft for 1,294 sqft. The unit has 2 registered sales; the first was AED 417,858 in April 2014.

What is the rent for unit 1312?

AED 43,000 a year on the contract signed on 15 February 2022. The previous contract, from September 2020, was AED 42,000; the unit has been rented since September 2015.

How big is unit 1312?

1,294 sqft (120.2 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2014.

What is unit 1312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 03 sold for AED 680,000 to 700,000 in the last 12 months, around AED 561 per sqft.

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Mortgage on 1312, Mazaya 03

Starts from the last sale price (AED 470K, 8 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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