1-bed · 834 sqftMazaya 03, Liwan · 2nd floor · completed 2014

217, Mazaya 03

Sold prices and rental history: sold twice, last in June 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 19 December 2022
Last soldAED 810K22 June 2015
Current rentAED 24K /yr19 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Mazaya 03

What is 217 worth today?

Last sold for AED 810,000 in 2015

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19 Dec 2022RentedNew contract
AED 24,000/yr12 months · AED 29 per sqft
1 Sep 2021RentedNew contract
AED 25,000/yr12 months · AED 30 per sqft
10 Feb 2019RentedNew contract
AED 37,000/yr12 months · AED 45 per sqft
30 Nov 2017RentedNew contract
AED 46,000/yr12 months · AED 55 per sqft
22 Jun 2015SoldReady
AED 810,000AED 971 per sqft
4 May 2009Sold by developerOff-plan
AED 423,854AED 508 per sqft

Source: Dubai Land Department. Updated 19 December 2022.

Key facts

Type
1-bed apartment
Size
834 sqft
Floor
2nd of 14
Parking
G-91
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,100 /yr
Last sold
AED 810K · June 2015
Building
Mazaya 03

About 217, Mazaya 03

217 is a one-bedroom apartment of 834 sqft on the 2nd floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 22 June 2015 for AED 810,000, or AED 971 per sqft, 161% above the AED 372 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 19 December 2022, is AED 24,000 a year: a gross yield of 3.0% on the 2015 price, before the service charge of about AED 6,100 a year.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical one-bed in Mazaya 03
250K500K750K2009201420192024Typical 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 423,854 (AED 508 per sqft)Sold, June 2015: AED 810,000 (AED 971 per sqft)

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

Rents
Unit 217, each contractTypical one-bed in Mazaya 03
20K40K201520182021Typical 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, November 2017: AED 46,000 a yearNew contract, February 2019: AED 37,000 a yearNew contract, September 2021: AED 25,000 a yearNew contract, December 2022: AED 24,000 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 217 sits

All 147 1-beds →

217 last sold in June 2015 at AED 971 per sqft, 161% above what one-beds in Mazaya 03 were fetching at the time (AED 372). 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

217, Mazaya 03 in numbers

  • Sold twice: first on 4 May 2009 for AED 423,854, last on 22 June 2015 for AED 810,000 (AED 971 per sqft).
  • Rented since November 2017 on 4 Ejari contracts, from AED 46,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2015 price is 3.0%, before a service charge of about AED 6,100 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 19 December 2022.

Questions about 217, Mazaya 03

What did unit 217 last sell for?

AED 810,000 on 22 June 2015: AED 971 per sqft for 834 sqft. The unit has 2 registered sales; the first was AED 423,854 in May 2009.

What is the rent for unit 217?

AED 24,000 a year on the contract signed on 19 December 2022. The previous contract, from September 2021, was AED 25,000; the unit has been rented since November 2017.

How big is unit 217?

834 sqft (77.5 sqm): a one-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2014.

What is unit 217 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 217, Mazaya 03

Starts from the last sale price (AED 810K, 22 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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