2-bed · 1,214 sqftMazaya 03, Liwan · 2nd floor · completed 2014

206, 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 206 · DLD and Ejari recordsUpdated 1 January 2018
Last soldAED 828K4 May 2009
Current rentAED 50K /yr1 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Mazaya 03

What is 206 worth today?

Last sold for AED 828,072 in 2009

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1 Jan 2018RentedRenewal
AED 50,000/yr24 months · AED 41 per sqft
1 Jan 2017RentedNew contract
AED 60,000/yr12 months · AED 49 per sqft
4 May 2009Sold by developerOff-plan
AED 828,072AED 682 per sqft

Source: Dubai Land Department. Updated 1 January 2018.

Key facts

Type
2-bed apartment
Size
1,214 sqft
Floor
2nd of 14
Parking
B-72
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,900 /yr
Last sold
AED 828K · May 2009
Building
Mazaya 03

About 206, Mazaya 03

206 is a two-bedroom apartment of 1,214 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 4 May 2009 for AED 828,072, or AED 682 per sqft, in line with the AED 693 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, renewed on 1 January 2018, is AED 50,000 a year: a gross yield of 6.0% on the 2009 price, before the service charge of about AED 8,900 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Mazaya 03
400K600K800K2009201420192024Typical 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, May 2009: AED 828,072 (AED 682 per sqft)

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

Rents
Unit 206, 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, January 2017: AED 60,000 a yearRenewal, January 2018: AED 50,000 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 206 sits

All 58 2-beds →

206 last sold in May 2009 at AED 682 per sqft, in line with what two-beds in Mazaya 03 were fetching at the time (AED 693). 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 2nd floor

All 219 units in Mazaya 03
Value
2021-bedAED 405K · Jul 2016
2031-bedAED 450K · May 2009
2041-bedAED 220K · Nov 2015
2052-bedAED 810K · May 2009
2071-bedAED 336K · Jul 2015
2081-bedAED 499K · Nov 2025
2091-bedAED 612K · May 2009
1–7 of 17

206, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 4 May 2009 for AED 828,072, or AED 682 per sqft.
  • Rented since January 2017 on 2 Ejari contracts, from AED 60,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2009 price is 6.0%, before a service charge of about AED 8,900 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 1 January 2018.

Questions about 206, Mazaya 03

What did unit 206 last sell for?

AED 828,072 on 4 May 2009, sold by the developer: AED 682 per sqft for 1,214 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 50,000 a year on the contract renewed on 1 January 2018. The previous contract, from January 2017, was AED 60,000.

How big is unit 206?

1,214 sqft (112.8 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2014.

What is unit 206 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 206, Mazaya 03

Starts from the last sale price (AED 828K, 4 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 828,072
Deposit, UAE resident (20%)
AED 165,614
Deposit, non-resident (40%)
AED 331,229
Monthly over 25 years at 3.7%
AED 3,388

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