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1-bed · 641 sqftMazaya 03, Liwan · 4th floor · completed 2014

403, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 25 December 2022
Last soldAED 457K4 May 2009
Current rentAED 21K /yr25 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 403, Mazaya 03

What is 403 worth today?

Last sold for AED 457,220 in 2009

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25 Dec 2022RentedRenewal
AED 21,000/yr12 months · AED 33 per sqft
25 Dec 2021RentedRenewal
AED 21,000/yr12 months · AED 33 per sqft
25 Dec 2020RentedNew contract
AED 21,000/yr12 months · AED 33 per sqft
1 Aug 2019RentedNew contract
AED 31,000/yr12 months · AED 48 per sqft
12 Jan 2018RentedNew contract
AED 49,866/yr12 months · AED 77 per sqft
4 May 2009Sold by developerOff-plan
AED 457,220AED 713 per sqft

Source: Dubai Land Department. Updated 25 December 2022.

Key facts

Type
1-bed apartment
Size
641 sqft
Floor
4th of 14
Parking
G-136
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 457K · May 2009
Building
Mazaya 03

About 403, Mazaya 03

403 is a one-bedroom apartment of 641 sqft on the 4th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 4 May 2009 for AED 457,220, or AED 713 per sqft, in line with the AED 698 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 25 December 2022, is AED 21,000 a year: a gross yield of 4.6% on the 2009 price, before the service charge of about AED 4,700 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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 457,220 (AED 713 per sqft)

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

Rents
Unit 403, 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, January 2018: AED 49,866 a yearNew contract, August 2019: AED 31,000 a yearNew contract, December 2020: AED 21,000 a yearRenewal, December 2021: AED 21,000 a yearRenewal, December 2022: AED 21,000 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 403 sits

All 147 1-beds →

403 last sold in May 2009 at AED 713 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 698). 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 4th floor

All 219 units in Mazaya 03
Value
4011-bedAED 455K · Dec 2016
4021-bedAED 359K · Nov 2013
4041-bedAED 446K · May 2009
4052-bedAED 510K · Feb 2021
4062-bedAED 580K · Oct 2019
4071-bedNo registered sale
4081-bedNo registered sale
1–7 of 18

403, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 4 May 2009 for AED 457,220, or AED 713 per sqft.
  • Rented since January 2018 on 5 Ejari contracts, from AED 49,866 to AED 21,000 a year.
  • At AED 21,000 a year the gross yield on the 2009 price is 4.6%, 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 25 December 2022.

Questions about 403, Mazaya 03

What did unit 403 last sell for?

AED 457,220 on 4 May 2009, sold by the developer: AED 713 per sqft for 641 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 21,000 a year on the contract renewed on 25 December 2022. The previous contract, from December 2021, was AED 21,000; the unit has been rented since January 2018.

How big is unit 403?

641 sqft (59.6 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower completed in 2014.

What is unit 403 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 403, Mazaya 03

Starts from the last sale price (AED 457K, 4 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 457,220
Deposit, UAE resident (20%)
AED 91,444
Deposit, non-resident (40%)
AED 182,888
Monthly over 25 years at 3.7%
AED 1,871

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