1-bed · 619 sqftMazaya 03, Liwan · 4th floor · completed 2014

412, Mazaya 03

Sold prices and rental history: sold twice, last in October 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 1 September 2021
Last soldAED 450K25 October 2015
Current rentAED 33K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Mazaya 03

What is 412 worth today?

Last sold for AED 450,000 in 2015

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1 Sep 2021RentedNew contract
AED 33,352/yr12 months · AED 54 per sqft
11 May 2019RentedNew contract
AED 33,000/yr12 months · AED 54 per sqft
1 Apr 2017RentedNew contract
AED 48,000/yr12 months · AED 78 per sqft
1 Apr 2016RentedNew contract
AED 48,129/yr12 months · AED 78 per sqft
25 Oct 2015SoldReady
AED 450,000AED 727 per sqft
5 May 2009Sold by developerOff-plan
AED 429,018AED 693 per sqft

Source: Dubai Land Department. Updated 1 September 2021.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
4th of 14
Parking
G-117
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,600 /yr
Last sold
AED 450K · October 2015
Building
Mazaya 03

About 412, Mazaya 03

412 is a one-bedroom apartment of 619 sqft on the 4th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 25 October 2015 for AED 450,000, or AED 727 per sqft, 93% above the AED 376 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 September 2021, is AED 33,352 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 4,600 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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 429,018 (AED 693 per sqft)Sold, October 2015: AED 450,000 (AED 727 per sqft)

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

Rents
Unit 412, 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, April 2016: AED 48,129 a yearNew contract, April 2017: AED 48,000 a yearNew contract, May 2019: AED 33,000 a yearNew contract, September 2021: AED 33,352 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 412 sits

All 147 1-beds →

412 last sold in October 2015 at AED 727 per sqft, 93% 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 4th floor

All 219 units in Mazaya 03
Value
4011-bedAED 455K · Dec 2016
4021-bedAED 359K · Nov 2013
4031-bedAED 457K · May 2009
4041-bedAED 446K · May 2009
4052-bedAED 510K · Feb 2021
4062-bedAED 580K · Oct 2019
4071-bedNo registered sale
1–7 of 18

412, Mazaya 03 in numbers

  • Sold twice: first on 5 May 2009 for AED 429,018, last on 25 October 2015 for AED 450,000 (AED 727 per sqft).
  • Rented since April 2016 on 4 Ejari contracts, from AED 48,129 to AED 33,352 a year.
  • At AED 33,352 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 4,600 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 412, Mazaya 03

What did unit 412 last sell for?

AED 450,000 on 25 October 2015: AED 727 per sqft for 619 sqft. The unit has 2 registered sales; the first was AED 429,018 in May 2009.

What is the rent for unit 412?

AED 33,352 a year on the contract signed on 1 September 2021. The previous contract, from May 2019, was AED 33,000; the unit has been rented since April 2016.

How big is unit 412?

619 sqft (57.5 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower completed in 2014.

What is unit 412 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 412, Mazaya 03

Starts from the last sale price (AED 450K, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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