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1-bed · 632 sqftMazaya 03, Liwan · 4th floor · completed 2014

416, Mazaya 03

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

Unit 416 · DLD and Ejari recordsUpdated 20 October 2021
Last soldAED 268K30 August 2015
Current rentAED 23K /yr20 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 416, Mazaya 03

What is 416 worth today?

Last sold for AED 267,500 in 2015

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20 Oct 2021RentedRenewal
AED 23,000/yr12 months · AED 36 per sqft
20 Oct 2020RentedNew contract
AED 23,000/yr12 months · AED 36 per sqft
1 Jun 2018RentedNew contract
AED 39,024/yr12 months · AED 61 per sqft
30 Aug 2015SoldReady
AED 267,500AED 423 per sqft
17 Jun 2015Sold by developerReady
AED 218,563AED 346 per sqft
6 Jun 2015RentedNew contract
AED 48,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 20 October 2021.

Key facts

Type
1-bed apartment
Size
632 sqft
Floor
4th of 14
Parking
G-128
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 268K · August 2015
Building
Mazaya 03

About 416, Mazaya 03

416 is a one-bedroom apartment of 632 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 30 August 2015 for AED 267,500, or AED 423 per sqft, 13% above the AED 374 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 20 October 2021, is AED 23,000 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 4,700 a year.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical one-bed in Mazaya 03
200K400K2009201420192024Typical 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 218,563 (AED 346 per sqft)Sold, August 2015: AED 267,500 (AED 423 per sqft)

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

Rents
Unit 416, 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, June 2015: AED 48,000 a yearNew contract, June 2018: AED 39,024 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 416 sits

All 147 1-beds →

416 last sold in August 2015 at AED 423 per sqft, 13% above what one-beds in Mazaya 03 were fetching at the time (AED 374). 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

416, Mazaya 03 in numbers

  • Sold twice: first on 17 June 2015 for AED 218,563, last on 30 August 2015 for AED 267,500 (AED 423 per sqft).
  • Rented since June 2015 on 4 Ejari contracts, from AED 48,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2015 price is 8.6%, 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 20 October 2021.

Questions about 416, Mazaya 03

What did unit 416 last sell for?

AED 267,500 on 30 August 2015: AED 423 per sqft for 632 sqft. The unit has 2 registered sales; the first was AED 218,563 in June 2015.

What is the rent for unit 416?

AED 23,000 a year on the contract renewed on 20 October 2021. The previous contract, from October 2020, was AED 23,000; the unit has been rented since June 2015.

How big is unit 416?

632 sqft (58.7 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower completed in 2014.

What is unit 416 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 416, Mazaya 03

Starts from the last sale price (AED 268K, 30 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 267,500
Deposit, UAE resident (20%)
AED 53,500
Deposit, non-resident (40%)
AED 107,000
Monthly over 25 years at 3.7%
AED 1,094

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