Home
Dubai prices
About
Research
1-bed · 638 sqftMazaya 03, Liwan · 14th floor · completed 2014

1402, 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 1402 · DLD and Ejari recordsUpdated 1 June 2022
Last soldAED 481K4 May 2009
Current rentAED 26K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1402

Property timeline for 1402, Mazaya 03

What is 1402 worth today?

Last sold for AED 481,493 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2022RentedNew contract
AED 26,000/yr12 months · AED 41 per sqft
15 Apr 2021RentedNew contract
AED 25,000/yr12 months · AED 39 per sqft
5 Feb 2020RentedNew contract
AED 32,000/yr12 months · AED 50 per sqft
10 Apr 2016RentedNew contract
AED 50,000/yr12 months · AED 78 per sqft
10 Apr 2015RentedNew contract
AED 45,000/yr12 months · AED 71 per sqft
4 May 2009Sold by developerOff-plan
AED 481,493AED 754 per sqft

Source: Dubai Land Department. Updated 1 June 2022.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
14th of 14
Parking
G-114
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 481K · May 2009
Building
Mazaya 03

About 1402, Mazaya 03

1402 is a one-bedroom apartment of 638 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 481,493, or AED 754 per sqft, 8% 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 1 June 2022, is AED 26,000 a year: a gross yield of 5.4% on the 2009 price, before the service charge of about AED 4,700 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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 481,493 (AED 754 per sqft)

1402 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1402, 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 50,000 a yearNew contract, February 2020: AED 32,000 a yearNew contract, April 2021: AED 25,000 a yearNew contract, June 2022: AED 26,000 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 1402 sits

All 147 1-beds →

1402 last sold in May 2009 at AED 754 per sqft, 8% 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
14011-bedAED 399K · 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

1402, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 4 May 2009 for AED 481,493, or AED 754 per sqft.
  • Rented since April 2015 on 5 Ejari contracts, from AED 45,000 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2009 price is 5.4%, 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 1 June 2022.

Questions about 1402, Mazaya 03

What did unit 1402 last sell for?

AED 481,493 on 4 May 2009, sold by the developer: AED 754 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 26,000 a year on the contract signed on 1 June 2022. The previous contract, from April 2021, was AED 25,000; the unit has been rented since April 2015.

How big is unit 1402?

638 sqft (59.3 sqm): a one-bedroom apartment on the 14th floor of a 14-storey tower completed in 2014.

What is unit 1402 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.

Selling 1402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1402, Mazaya 03

Starts from the last sale price (AED 481K, 4 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 481,493
Deposit, UAE resident (20%)
AED 96,299
Deposit, non-resident (40%)
AED 192,597
Monthly over 25 years at 3.7%
AED 1,970

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