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1-bed · 642 sqftMazaya 03, Liwan · 2nd floor · completed 2014

204, Mazaya 03

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

Unit 204 · DLD and Ejari recordsUpdated 20 July 2020
Last soldAED 220K29 November 2015
Current rentAED 36K /yr20 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Mazaya 03

What is 204 worth today?

Last sold for AED 219,566 in 2015

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20 Jul 2020RentedNew contract
AED 36,000/yr12 months · AED 56 per sqft
29 May 2018RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
29 Nov 2015Sold by developerReady
AED 219,566AED 341 per sqft
1 Jun 2015RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 20 July 2020.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
2nd of 14
Parking
G-73
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 220K · November 2015
Building
Mazaya 03

About 204, Mazaya 03

204 is a one-bedroom apartment of 642 sqft on the 2nd floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 29 November 2015 for AED 219,566, or AED 341 per sqft, 9% below the AED 374 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 20 July 2020, is AED 36,000 a year: a gross yield of 16.4% on the 2015 price, before the service charge of about AED 4,700 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Mazaya 03
200K400K2009201420192024Typical 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, November 2015: AED 219,566 (AED 341 per sqft)

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

Rents
Unit 204, 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, June 2015: AED 50,000 a yearNew contract, May 2018: AED 40,000 a yearNew contract, July 2020: AED 36,000 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 204 sits

All 147 1-beds →

204 last sold in November 2015 at AED 341 per sqft, 9% below what one-beds in Mazaya 03 were fetching at the time (AED 374). 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 2nd floor

All 219 units in Mazaya 03
Value
2021-bedAED 405K · Jul 2016
2031-bedAED 450K · May 2009
2052-bedAED 810K · May 2009
2062-bedAED 828K · May 2009
2071-bedAED 336K · Jul 2015
2081-bedAED 499K · Nov 2025
2091-bedAED 612K · May 2009
1–7 of 17

204, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 29 November 2015 for AED 219,566, or AED 341 per sqft.
  • Rented since June 2015 on 3 Ejari contracts, from AED 50,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2015 price is 16.4%, 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 20 July 2020.

Questions about 204, Mazaya 03

What did unit 204 last sell for?

AED 219,566 on 29 November 2015, sold by the developer: AED 341 per sqft for 642 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 36,000 a year on the contract signed on 20 July 2020. The previous contract, from May 2018, was AED 40,000; the unit has been rented since June 2015.

How big is unit 204?

642 sqft (59.6 sqm): a one-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2014.

What is unit 204 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 204, Mazaya 03

Starts from the last sale price (AED 220K, 29 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 219,566
Deposit, UAE resident (20%)
AED 43,913
Deposit, non-resident (40%)
AED 87,826
Monthly over 25 years at 3.7%
AED 898

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