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1-bed · 609 sqftMazaya 03, Liwan · 4th floor · completed 2014

413, Mazaya 03

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

Unit 413 · DLD and Ejari recordsUpdated 6 October 2021
Last soldAED 480K1 May 2017
Current rentAED 23K /yr6 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 413, Mazaya 03

What is 413 worth today?

Last sold for AED 480,000 in 2017

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6 Oct 2021RentedRenewal
AED 23,000/yr12 months · AED 37 per sqft
6 Oct 2020RentedNew contract
AED 23,000/yr12 months · AED 37 per sqft
2 Aug 2019RentedNew contract
AED 36,000/yr13 months · AED 59 per sqft
1 May 2017SoldReady
AED 480,000AED 787 per sqft
20 Apr 2016RentedRenewal
AED 52,000/yr12 months · AED 85 per sqft
20 Apr 2015RentedNew contract
AED 52,000/yr12 months · AED 85 per sqft
5 May 2009Sold by developerOff-plan
AED 429,018AED 704 per sqft

Source: Dubai Land Department. Updated 6 October 2021.

Key facts

Type
1-bed apartment
Size
609 sqft
Floor
4th of 14
Parking
G-61
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,500 /yr
Last sold
AED 480K · May 2017
Building
Mazaya 03

About 413, Mazaya 03

413 is a one-bedroom apartment of 609 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 1 May 2017 for AED 480,000, or AED 787 per sqft, 9% above the AED 723 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 6 October 2021, is AED 23,000 a year: a gross yield of 4.8% on the 2017 price, before the service charge of about AED 4,500 a year.

Sales and rents for 413 over time

Sales
Unit 413, 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 704 per sqft)Sold, May 2017: AED 480,000 (AED 787 per sqft)

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

Rents
Unit 413, each contractTypical one-bed in Mazaya 03
20K40K20152017201920212023Typical 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 2015: AED 52,000 a yearRenewal, April 2016: AED 52,000 a yearNew contract, August 2019: AED 36,000 a yearNew contract, October 2020: AED 23,000 a yearRenewal, October 2021: AED 23,000 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 413 sits

All 147 1-beds →

413 last sold in May 2017 at AED 787 per sqft, 9% above what one-beds in Mazaya 03 were fetching at the time (AED 723). 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

413, Mazaya 03 in numbers

  • Sold twice: first on 5 May 2009 for AED 429,018, last on 1 May 2017 for AED 480,000 (AED 787 per sqft).
  • Rented since April 2015 on 5 Ejari contracts, from AED 52,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2017 price is 4.8%, before a service charge of about AED 4,500 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 6 October 2021.

Questions about 413, Mazaya 03

What did unit 413 last sell for?

AED 480,000 on 1 May 2017: AED 787 per sqft for 609 sqft. The unit has 2 registered sales; the first was AED 429,018 in May 2009.

What is the rent for unit 413?

AED 23,000 a year on the contract renewed on 6 October 2021. The previous contract, from October 2020, was AED 23,000; the unit has been rented since April 2015.

How big is unit 413?

609 sqft (56.6 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower completed in 2014.

What is unit 413 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 413, Mazaya 03

Starts from the last sale price (AED 480K, 1 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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