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1-bed · 834 sqftMazaya 03, Liwan · 4th floor · completed 2014

417, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 20 June 2020
Last soldAED 673K5 May 2009
Current rentAED 31K /yr20 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 417, Mazaya 03

What is 417 worth today?

Last sold for AED 672,981 in 2009

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20 Jun 2020RentedRenewal
AED 31,000/yr12 months · AED 37 per sqft
20 Jun 2019RentedNew contract
AED 36,000/yr12 months · AED 43 per sqft
7 Jun 2018RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft
7 Jun 2017RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft
7 Jun 2016RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
7 Jun 2015RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
5 May 2009Sold by developerOff-plan
AED 672,981AED 806 per sqft

Source: Dubai Land Department. Updated 20 June 2020.

Key facts

Type
1-bed apartment
Size
834 sqft
Floor
4th of 14
Parking
G-93
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,100 /yr
Last sold
AED 673K · May 2009
Building
Mazaya 03

About 417, Mazaya 03

417 is a one-bedroom apartment of 834 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 5 May 2009 for AED 672,981, or AED 806 per sqft, 14% above the AED 710 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 20 June 2020, is AED 31,000 a year: a gross yield of 4.6% on the 2009 price, before the service charge of about AED 6,100 a year.

Sales and rents for 417 over time

Sales
Unit 417, each saleTypical one-bed in Mazaya 03
400K600K2009201420192024Typical 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 672,981 (AED 806 per sqft)

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

Rents
Unit 417, each contractTypical one-bed in Mazaya 03
20K40K60K20152017201920212023Typical 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 55,000 a yearRenewal, June 2016: AED 55,000 a yearRenewal, June 2017: AED 50,000 a yearRenewal, June 2018: AED 50,000 a yearNew contract, June 2019: AED 36,000 a yearRenewal, June 2020: AED 31,000 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 417 sits

All 147 1-beds →

417 last sold in May 2009 at AED 806 per sqft, 14% above what one-beds in Mazaya 03 were fetching at the time (AED 710). 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

417, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 5 May 2009 for AED 672,981, or AED 806 per sqft.
  • Rented since June 2015 on 6 Ejari contracts, from AED 55,000 to AED 31,000 a year.
  • At AED 31,000 a year the gross yield on the 2009 price is 4.6%, before a service charge of about AED 6,100 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 June 2020.

Questions about 417, Mazaya 03

What did unit 417 last sell for?

AED 672,981 on 5 May 2009, sold by the developer: AED 806 per sqft for 834 sqft. It is the only registered sale of the unit.

What is the rent for unit 417?

AED 31,000 a year on the contract renewed on 20 June 2020. The previous contract, from June 2019, was AED 36,000; the unit has been rented since June 2015.

How big is unit 417?

834 sqft (77.5 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower completed in 2014.

What is unit 417 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 417, Mazaya 03

Starts from the last sale price (AED 673K, 5 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 672,981
Deposit, UAE resident (20%)
AED 134,596
Deposit, non-resident (40%)
AED 269,192
Monthly over 25 years at 3.7%
AED 2,753

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