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1-bed · 834 sqftMazaya 03, Liwan · 3rd floor · completed 2014

317, Mazaya 03

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317 · DLD and Ejari recordsUpdated 15 June 2021
Last soldAED 341K17 June 2015
Current rentAED 26K /yr15 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 317, Mazaya 03

What is 317 worth today?

Last sold for AED 341,085 in 2015

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15 Jun 2021RentedNew contract
AED 26,000/yr12 months · AED 31 per sqft
1 Aug 2020RentedRenewal
AED 33,000/yr12 months · AED 40 per sqft
1 Aug 2019RentedRenewal
AED 37,000/yr12 months · AED 45 per sqft
1 Aug 2018RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
17 Jun 2015Sold by developerReady
AED 341,085AED 408 per sqft

Source: Dubai Land Department. Updated 15 June 2021.

Key facts

Type
1-bed apartment
Size
834 sqft
Floor
3rd of 14
Parking
G-92
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,100 /yr
Last sold
AED 341K · June 2015
Building
Mazaya 03

About 317, Mazaya 03

317 is a one-bedroom apartment of 834 sqft on the 3rd floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 17 June 2015 for AED 341,085, or AED 408 per sqft, 10% above the AED 372 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 June 2021, is AED 26,000 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 6,100 a year.

Sales and rents for 317 over time

Sales
Unit 317, 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, June 2015: AED 341,085 (AED 408 per sqft)

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

Rents
Unit 317, 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 2018: AED 42,000 a yearRenewal, August 2019: AED 37,000 a yearRenewal, August 2020: AED 33,000 a yearNew contract, June 2021: AED 26,000 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 317 sits

All 147 1-beds →

317 last sold in June 2015 at AED 408 per sqft, 10% 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 3rd floor

All 219 units in Mazaya 03
Value
3011-bedAED 20K · Jun 2023
3021-bedAED 408K · Jul 2016
3031-bedAED 490K · May 2016
3041-bedAED 443K · May 2009
3052-bedAED 816K · May 2009
3062-bedAED 834K · May 2009
3071-bedAED 339K · Jun 2015
1–7 of 18

317, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 17 June 2015 for AED 341,085, or AED 408 per sqft.
  • Rented since August 2018 on 4 Ejari contracts, from AED 42,000 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2015 price is 7.6%, 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 15 June 2021.

Questions about 317, Mazaya 03

What did unit 317 last sell for?

AED 341,085 on 17 June 2015, sold by the developer: AED 408 per sqft for 834 sqft. It is the only registered sale of the unit.

What is the rent for unit 317?

AED 26,000 a year on the contract signed on 15 June 2021. The previous contract, from August 2020, was AED 33,000; the unit has been rented since August 2018.

How big is unit 317?

834 sqft (77.5 sqm): a one-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2014.

What is unit 317 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 317, Mazaya 03

Starts from the last sale price (AED 341K, 17 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 341,085
Deposit, UAE resident (20%)
AED 68,217
Deposit, non-resident (40%)
AED 136,434
Monthly over 25 years at 3.7%
AED 1,395

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