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1-bed · 925 sqftMazaya 03, Liwan · 14th floor · completed 2014

1404, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 7 May 2020
Last soldAED 675K4 May 2009
Current rentAED 30K /yr7 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1404, Mazaya 03

What is 1404 worth today?

Last sold for AED 675,078 in 2009

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7 May 2020RentedNew contract
AED 30,000/yr12 months · AED 32 per sqft
7 May 2018RentedRenewal
AED 50,000/yr12 months · AED 54 per sqft
7 May 2017RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
4 May 2009Sold by developerOff-plan
AED 675,078AED 729 per sqft

Source: Dubai Land Department. Updated 7 May 2020.

Key facts

Type
1-bed apartment
Size
925 sqft
Floor
14th of 14
Parking
B-58
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,800 /yr
Last sold
AED 675K · May 2009
Building
Mazaya 03

About 1404, Mazaya 03

1404 is a one-bedroom apartment of 925 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 675,078, or AED 729 per sqft, 4% above the AED 698 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 7 May 2020, is AED 30,000 a year: a gross yield of 4.4% on the 2009 price, before the service charge of about AED 6,800 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, 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 675,078 (AED 729 per sqft)

1404 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1404, each contractTypical one-bed in Mazaya 03
20K40K60K20152017201920212023Typical 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 2017: AED 55,000 a yearRenewal, May 2018: AED 50,000 a yearNew contract, May 2020: AED 30,000 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 1404 sits

All 147 1-beds →

1404 last sold in May 2009 at AED 729 per sqft, 4% 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
14021-bedAED 481K · May 2009
14031-bedAED 676K · May 2009
14051-bedAED 698K · May 2009
14061-bedAED 668K · May 2009
14071-bedAED 427K · May 2009

1404, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 4 May 2009 for AED 675,078, or AED 729 per sqft.
  • Rented since May 2017 on 3 Ejari contracts, from AED 55,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2009 price is 4.4%, before a service charge of about AED 6,800 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 7 May 2020.

Questions about 1404, Mazaya 03

What did unit 1404 last sell for?

AED 675,078 on 4 May 2009, sold by the developer: AED 729 per sqft for 925 sqft. It is the only registered sale of the unit.

What is the rent for unit 1404?

AED 30,000 a year on the contract signed on 7 May 2020. The previous contract, from May 2018, was AED 50,000; the unit has been rented since May 2017.

How big is unit 1404?

925 sqft (85.9 sqm): a one-bedroom apartment on the 14th floor of a 14-storey tower completed in 2014.

What is unit 1404 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 1404, Mazaya 03

Starts from the last sale price (AED 675K, 4 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 675,078
Deposit, UAE resident (20%)
AED 135,016
Deposit, non-resident (40%)
AED 270,031
Monthly over 25 years at 3.7%
AED 2,762

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