2-bed · 1,098 sqftMazaya 03, Liwan · 4th floor · completed 2014

415, Mazaya 03

Sold prices and rental history: sold once, by the developer in June 2015, and rented once, from May 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 15 May 2016
Last soldAED 385K17 June 2015
Current rentAED 70K /yr15 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, Mazaya 03

What is 415 worth today?

Last sold for AED 385,405 in 2015

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15 May 2016RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft
17 Jun 2015Sold by developerReady
AED 385,405AED 350 per sqft

Source: Dubai Land Department. Updated 15 May 2016.

Key facts

Type
2-bed apartment
Size
1,098 sqft
Floor
4th of 14
Parking
B-41
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,100 /yr
Last sold
AED 385K · June 2015
Building
Mazaya 03

About 415, Mazaya 03

415 is a two-bedroom apartment of 1,098 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 17 June 2015 for AED 385,405, or AED 350 per sqft, 6% below the AED 372 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 May 2016. The current contract, signed on 15 May 2016, is AED 70,000 a year: a gross yield of 18.2% on the 2015 price, before the service charge of about AED 8,100 a year.

Sales and rents for 415 over time

Sales
Unit 415, each saleTypical two-bed in Mazaya 03
500K750K2009201420192024Typical sale price by year: 2009 AED 884,813; 2013 AED 479,859; 2015 AED 468,271; 2016 AED 775,000; 2017 AED 760,000; 2018 AED 785,000; 2019 AED 580,000; 2021 AED 500,000; 2026 AED 700,000Sold by developer, June 2015: AED 385,405 (AED 350 per sqft)

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

Rents
Unit 415, each contractTypical two-bed in Mazaya 03
40K60K80K2015201820212024Typical rent by year: 2015 AED 74,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 60,000; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 41,000; 2024 AED 55,000New contract, May 2016: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 03, and where 415 sits

All 58 2-beds →

415 last sold in June 2015 at AED 350 per sqft, 6% below what two-beds in Mazaya 03 were fetching at the time (AED 372). Over the last 12 months two-beds sold for AED 680,000 to 700,000, around AED 561 per sqft, and rent for AED 50,000 to 50,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
12 May 2026700,000
29 Apr 2026700,000
13 Feb 2026680,000
30 Mar 2022452,000
3 2-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

415, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 17 June 2015 for AED 385,405, or AED 350 per sqft.
  • Rented since May 2016 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2015 price is 18.2%, before a service charge of about AED 8,100 a year (AED 7.37 per sqft).
  • Two-beds in Mazaya 03 sold for AED 680,000–700,000 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 May 2016.

Questions about 415, Mazaya 03

What did unit 415 last sell for?

AED 385,405 on 17 June 2015, sold by the developer: AED 350 per sqft for 1,098 sqft. It is the only registered sale of the unit.

What is the rent for unit 415?

AED 70,000 a year on the contract signed on 15 May 2016.

How big is unit 415?

1,098 sqft (102.0 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2014.

What is unit 415 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 03 sold for AED 680,000 to 700,000 in the last 12 months, around AED 561 per sqft.

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Mortgage on 415, Mazaya 03

Starts from the last sale price (AED 385K, 17 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 385,405
Deposit, UAE resident (20%)
AED 77,081
Deposit, non-resident (40%)
AED 154,162
Monthly over 25 years at 3.7%
AED 1,577

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