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1-bed · 636 sqftMazaya 03, Liwan · 3rd floor · completed 2014

303, Mazaya 03

Sold prices and rental history: sold twice, last in May 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 1 September 2021
Last soldAED 490K8 May 2016
Current rentAED 30K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, Mazaya 03

What is 303 worth today?

Last sold for AED 490,000 in 2016

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1 Sep 2021RentedRenewal
AED 30,000/yr12 months · AED 47 per sqft
1 Sep 2020RentedRenewal
AED 33,000/yr12 months · AED 52 per sqft
1 Sep 2019RentedRenewal
AED 40,950/yr12 months · AED 64 per sqft
1 Sep 2018RentedNew contract
AED 39,000/yr12 months · AED 61 per sqft
15 Jul 2017RentedNew contract
AED 50,000/yr12 months · AED 79 per sqft
8 May 2016SoldReady
AED 490,000AED 769 per sqft
4 May 2009Sold by developerOff-plan
AED 453,730AED 712 per sqft

Source: Dubai Land Department. Updated 1 September 2021.

Key facts

Type
1-bed apartment
Size
636 sqft
Floor
3rd of 14
Parking
G-115
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 490K · May 2016
Building
Mazaya 03

About 303, Mazaya 03

303 is a one-bedroom apartment of 636 sqft on the 3rd floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 8 May 2016 for AED 490,000, or AED 769 per sqft, 105% above the AED 376 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 30,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 4,700 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Mazaya 03
300K400K500K2009201420192024Typical 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 453,730 (AED 712 per sqft)Sold, May 2016: AED 490,000 (AED 769 per sqft)

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

Rents
Unit 303, 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, July 2017: AED 50,000 a yearNew contract, September 2018: AED 39,000 a yearRenewal, September 2019: AED 40,950 a yearRenewal, September 2020: AED 33,000 a yearRenewal, September 2021: 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 303 sits

All 147 1-beds →

303 last sold in May 2016 at AED 769 per sqft, 105% above what one-beds in Mazaya 03 were fetching at the time (AED 376). 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 3rd floor

All 219 units in Mazaya 03
Value
3011-bedAED 20K · Jun 2023
3021-bedAED 408K · Jul 2016
3041-bedAED 443K · May 2009
3052-bedAED 816K · May 2009
3062-bedAED 834K · May 2009
3071-bedAED 339K · Jun 2015
3081-bedAED 658K · May 2009
1–7 of 18

303, Mazaya 03 in numbers

  • Sold twice: first on 4 May 2009 for AED 453,730, last on 8 May 2016 for AED 490,000 (AED 769 per sqft).
  • Rented since July 2017 on 5 Ejari contracts, from AED 50,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2016 price is 6.1%, before a service charge of about AED 4,700 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 1 September 2021.

Questions about 303, Mazaya 03

What did unit 303 last sell for?

AED 490,000 on 8 May 2016: AED 769 per sqft for 636 sqft. The unit has 2 registered sales; the first was AED 453,730 in May 2009.

What is the rent for unit 303?

AED 30,000 a year on the contract renewed on 1 September 2021. The previous contract, from September 2020, was AED 33,000; the unit has been rented since July 2017.

How big is unit 303?

636 sqft (59.1 sqm): a one-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2014.

What is unit 303 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 303, Mazaya 03

Starts from the last sale price (AED 490K, 8 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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