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1-bed · 524 sqftMazaya 03, Liwan · 14th floor · completed 2014

1401, 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 1401 · DLD and Ejari recordsUpdated 25 February 2020
Last soldAED 399K4 May 2009
Current rentAED 27K /yr25 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1401, Mazaya 03

What is 1401 worth today?

Last sold for AED 398,934 in 2009

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25 Feb 2020RentedNew contract
AED 27,000/yr12 months · AED 51 per sqft
10 Apr 2018RentedNew contract
AED 40,000/yr12 months · AED 76 per sqft
10 Apr 2017RentedRenewal
AED 45,000/yr12 months · AED 86 per sqft
10 Apr 2016RentedNew contract
AED 45,000/yr12 months · AED 86 per sqft
10 Apr 2015RentedNew contract
AED 45,000/yr12 months · AED 85 per sqft
4 May 2009Sold by developerOff-plan
AED 398,934AED 760 per sqft

Source: Dubai Land Department. Updated 25 February 2020.

Key facts

Type
1-bed apartment
Size
524 sqft
Floor
14th of 14
Parking
G-47
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,900 /yr
Last sold
AED 399K · May 2009
Building
Mazaya 03

About 1401, Mazaya 03

1401 is a one-bedroom apartment of 524 sqft on the 14th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 4 May 2009 for AED 398,934, or AED 760 per sqft, 9% above the AED 698 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 25 February 2020, is AED 27,000 a year: a gross yield of 6.8% on the 2009 price, before the service charge of about AED 3,900 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical one-bed in Mazaya 03
300K400K500K2009201420192024Typical 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 398,934 (AED 760 per sqft)

1401 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1401, 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, April 2015: AED 45,000 a yearNew contract, April 2016: AED 45,000 a yearRenewal, April 2017: AED 45,000 a yearNew contract, April 2018: AED 40,000 a yearNew contract, February 2020: AED 27,000 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 1401 sits

All 147 1-beds →

1401 last sold in May 2009 at AED 760 per sqft, 9% above what one-beds in Mazaya 03 were fetching at the time (AED 698). 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 14th floor

All 219 units in Mazaya 03
Value
14021-bedAED 481K · May 2009
14031-bedAED 676K · May 2009
14041-bedAED 675K · May 2009
14051-bedAED 698K · May 2009
14061-bedAED 668K · May 2009
14071-bedAED 427K · May 2009

1401, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 4 May 2009 for AED 398,934, or AED 760 per sqft.
  • Rented since April 2015 on 5 Ejari contracts, from AED 45,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2009 price is 6.8%, before a service charge of about AED 3,900 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 25 February 2020.

Questions about 1401, Mazaya 03

What did unit 1401 last sell for?

AED 398,934 on 4 May 2009, sold by the developer: AED 760 per sqft for 524 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 27,000 a year on the contract signed on 25 February 2020. The previous contract, from April 2018, was AED 40,000; the unit has been rented since April 2015.

How big is unit 1401?

524 sqft (48.7 sqm): a one-bedroom apartment on the 14th floor of a 14-storey tower completed in 2014.

What is unit 1401 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 1401, Mazaya 03

Starts from the last sale price (AED 399K, 4 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 398,934
Deposit, UAE resident (20%)
AED 79,787
Deposit, non-resident (40%)
AED 159,574
Monthly over 25 years at 3.7%
AED 1,632

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