2-bed · 1,098 sqftMazaya 03, Liwan · 2nd floor · completed 2014

215, Mazaya 03

Sold prices and rental history: sold once, by the developer in September 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 20 January 2022
Last soldAED 380K15 September 2015
Current rentAED 37K /yr20 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Mazaya 03

What is 215 worth today?

Last sold for AED 379,566 in 2015

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20 Jan 2022RentedNew contract
AED 37,000/yr12 months · AED 34 per sqft
12 Mar 2020RentedNew contract
AED 45,000/yr12 months · AED 41 per sqft
3 Mar 2019RentedNew contract
AED 50,000/yr12 months · AED 46 per sqft
15 Sep 2015Sold by developerReady
AED 379,566AED 345 per sqft

Source: Dubai Land Department. Updated 20 January 2022.

Key facts

Type
2-bed apartment
Size
1,098 sqft
Floor
2nd of 14
Parking
G-112
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,100 /yr
Last sold
AED 380K · September 2015
Building
Mazaya 03

About 215, Mazaya 03

215 is a two-bedroom apartment of 1,098 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 15 September 2015 for AED 379,566, or AED 345 per sqft, 7% below the AED 371 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 20 January 2022, is AED 37,000 a year: a gross yield of 9.8% on the 2015 price, before the service charge of about AED 8,100 a year.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical two-bed in Mazaya 03
500K750K2009201420192024Typical 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, September 2015: AED 379,566 (AED 345 per sqft)

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

Rents
Unit 215, 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, March 2019: AED 50,000 a yearNew contract, March 2020: AED 45,000 a yearNew contract, January 2022: AED 37,000 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 215 sits

All 58 2-beds →

215 last sold in September 2015 at AED 345 per sqft, 7% below what two-beds in Mazaya 03 were fetching at the time (AED 371). 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
2062-bedAED 828K · May 2009
2071-bedAED 336K · Jul 2015
2081-bedAED 499K · Nov 2025
1–7 of 17

215, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 15 September 2015 for AED 379,566, or AED 345 per sqft.
  • Rented since March 2019 on 3 Ejari contracts, from AED 50,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2015 price is 9.8%, before a service charge of about AED 8,100 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 20 January 2022.

Questions about 215, Mazaya 03

What did unit 215 last sell for?

AED 379,566 on 15 September 2015, sold by the developer: AED 345 per sqft for 1,098 sqft. It is the only registered sale of the unit.

What is the rent for unit 215?

AED 37,000 a year on the contract signed on 20 January 2022. The previous contract, from March 2020, was AED 45,000; the unit has been rented since March 2019.

How big is unit 215?

1,098 sqft (102.0 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2014.

What is unit 215 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 215, Mazaya 03

Starts from the last sale price (AED 380K, 15 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 379,566
Deposit, UAE resident (20%)
AED 75,913
Deposit, non-resident (40%)
AED 151,826
Monthly over 25 years at 3.7%
AED 1,553

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