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1-bed · 781 sqftMazaya 03, Liwan · 2nd floor · completed 2014

218, Mazaya 03

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

Unit 218 · DLD and Ejari recordsUpdated 2 March 2022
Last soldAED 264K20 July 2015
Current rentAED 30K /yr2 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 218, Mazaya 03

What is 218 worth today?

Last sold for AED 264,173 in 2015

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2 Mar 2022RentedNew contract
AED 30,000/yr12 months · AED 38 per sqft
2 Mar 2021RentedNew contract
AED 26,000/yr12 months · AED 33 per sqft
1 Aug 2020RentedNew contract
AED 31,000/yr12 months · AED 40 per sqft
20 Jun 2019RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
20 Aug 2017RentedNew contract
AED 48,000/yr12 months · AED 61 per sqft
20 Jul 2015Sold by developerReady
AED 264,173AED 338 per sqft

Source: Dubai Land Department. Updated 2 March 2022.

Key facts

Type
1-bed apartment
Size
781 sqft
Floor
2nd of 14
Parking
G-82
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,800 /yr
Last sold
AED 264K · July 2015
Building
Mazaya 03

About 218, Mazaya 03

218 is a one-bedroom apartment of 781 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 20 July 2015 for AED 264,173, or AED 338 per sqft, 10% below the AED 374 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 2 March 2022, is AED 30,000 a year: a gross yield of 11.4% on the 2015 price, before the service charge of about AED 5,800 a year.

Sales and rents for 218 over time

Sales
Unit 218, each saleTypical one-bed in Mazaya 03
400K2009201420192024Typical 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, July 2015: AED 264,173 (AED 338 per sqft)

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

Rents
Unit 218, 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, August 2017: AED 48,000 a yearNew contract, June 2019: AED 35,000 a yearNew contract, August 2020: AED 31,000 a yearNew contract, March 2021: AED 26,000 a yearNew contract, March 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 218 sits

All 147 1-beds →

218 last sold in July 2015 at AED 338 per sqft, 10% 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
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

218, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 20 July 2015 for AED 264,173, or AED 338 per sqft.
  • Rented since August 2017 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 26,000 in 2021 and recovered to AED 30,000 by March 2022.
  • At AED 30,000 a year the gross yield on the 2015 price is 11.4%, before a service charge of about AED 5,800 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 2 March 2022.

Questions about 218, Mazaya 03

What did unit 218 last sell for?

AED 264,173 on 20 July 2015, sold by the developer: AED 338 per sqft for 781 sqft. It is the only registered sale of the unit.

What is the rent for unit 218?

AED 30,000 a year on the contract signed on 2 March 2022. The previous contract, from March 2021, was AED 26,000; the unit has been rented since August 2017.

How big is unit 218?

781 sqft (72.6 sqm): a one-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2014.

What is unit 218 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 218, Mazaya 03

Starts from the last sale price (AED 264K, 20 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 264,173
Deposit, UAE resident (20%)
AED 52,835
Deposit, non-resident (40%)
AED 105,669
Monthly over 25 years at 3.7%
AED 1,081

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