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1-bed · 933 sqftMazaya 03, Liwan · 2nd floor · completed 2014

209, 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 209 · DLD and Ejari recordsUpdated 4 June 2022
Last soldAED 612K4 May 2009
Current rentAED 30K /yr4 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 209, Mazaya 03

What is 209 worth today?

Last sold for AED 612,352 in 2009

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4 Jun 2022RentedRenewal
AED 30,000/yr12 months · AED 32 per sqft
4 Jun 2021RentedRenewal
AED 30,000/yr12 months · AED 32 per sqft
4 Jun 2020RentedNew contract
AED 35,000/yr12 months · AED 37 per sqft
4 Jun 2019RentedRenewal
AED 40,000/yr12 months · AED 43 per sqft
11 Apr 2018RentedNew contract
AED 47,000/yr14 months · AED 50 per sqft
1 Apr 2015RentedNew contract
AED 60,000/yr12 months · AED 64 per sqft
4 May 2009Sold by developerOff-plan
AED 612,352AED 656 per sqft

Source: Dubai Land Department. Updated 4 June 2022.

Key facts

Type
1-bed apartment
Size
933 sqft
Floor
2nd of 14
Parking
B-43
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 612K · May 2009
Building
Mazaya 03

About 209, Mazaya 03

209 is a one-bedroom apartment of 933 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 612,352, or AED 656 per sqft, 6% below the AED 698 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 4 June 2022, is AED 30,000 a year: a gross yield of 4.9% on the 2009 price, before the service charge of about AED 6,900 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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 612,352 (AED 656 per sqft)

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

Rents
Unit 209, 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, April 2015: AED 60,000 a yearNew contract, April 2018: AED 47,000 a yearRenewal, June 2019: AED 40,000 a yearNew contract, June 2020: AED 35,000 a yearRenewal, June 2021: AED 30,000 a yearRenewal, June 2022: 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 209 sits

All 147 1-beds →

209 last sold in May 2009 at AED 656 per sqft, 6% below 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 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
2062-bedAED 828K · May 2009
2071-bedAED 336K · Jul 2015
2081-bedAED 499K · Nov 2025
1–7 of 17

209, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 4 May 2009 for AED 612,352, or AED 656 per sqft.
  • Rented since April 2015 on 6 Ejari contracts, from AED 60,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2009 price is 4.9%, before a service charge of about AED 6,900 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 4 June 2022.

Questions about 209, Mazaya 03

What did unit 209 last sell for?

AED 612,352 on 4 May 2009, sold by the developer: AED 656 per sqft for 933 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 30,000 a year on the contract renewed on 4 June 2022. The previous contract, from June 2021, was AED 30,000; the unit has been rented since April 2015.

How big is unit 209?

933 sqft (86.7 sqm): a one-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2014.

What is unit 209 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 209, Mazaya 03

Starts from the last sale price (AED 612K, 4 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 612,352
Deposit, UAE resident (20%)
AED 122,470
Deposit, non-resident (40%)
AED 244,941
Monthly over 25 years at 3.7%
AED 2,505

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