512, Mazaya 03
Sold prices and rental history: sold 3 times, last in June 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 512, Mazaya 03
What is 512 worth today?
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Source: Dubai Land Department. Updated 15 February 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 619 sqft
- Floor
- 5th of 14
- Parking
- G-116
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 4,600 /yr
- Last sold
- AED 485K · June 2016
- Building
- Mazaya 03
About 512, Mazaya 03
512 is a one-bedroom apartment of 619 sqft on the 5th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 27 June 2016 for AED 485,000, or AED 783 per sqft, 90% above the AED 412 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 15 February 2022, is AED 25,000 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 4,600 a year.
Sales and rents for 512 over time
512 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 512 sits
All 147 1-beds →512 last sold in June 2016 at AED 783 per sqft, 90% above what one-beds in Mazaya 03 were fetching at the time (AED 412). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20264 June 2026 | 934 sqft | 515,000 | 551 | ||
| 30 Apr 202630 April 2026 | 618 sqft | 410,270 | 664 | ||
| 4 Apr 20264 April 2026 | 641 sqft | 400,000 | 624 | ||
| 31 Jan 202631 January 2026 | 593 sqft | 450,000 | 759 |
Mazaya 03
Building219 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%
Other units on the 5th floor
All 219 units in Mazaya 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 521 sqft | AED 228KAED 227,500 · Sep 2016September 2016 | 30,000 /yr | |
| 502 | 1-bed | 593 sqft | AED 365KAED 365,000 · Mar 2019March 2019 | 26,000 /yr | |
| 503 | 1-bed | 641 sqft | AED 249KAED 248,853 · Jun 2015June 2015 | 26,500 /yr | |
| 504 | 1-bed | 642 sqft | AED 449KAED 449,343 · May 2009May 2009 | 38,000 /yr | |
| 505 | 2-bed | 1,168 sqft | AED 680KAED 680,000 · Feb 2026February 2026 | 41,000 /yr | |
| 506 | 2-bed | 1,214 sqft | AED 760KAED 760,000 · Aug 2017August 2017 | 36,000 /yr | |
| 507 | 1-bed | 910 sqft | AED 341KAED 340,625 · Jul 2015July 2015 | 27,000 /yr | |
| 508 | 1-bed | 893 sqft | AED 342KAED 342,140 · Jul 2015July 2015 | 28,000 /yr | |
| 509 | 1-bed | 933 sqft | AED 320KAED 320,000 · May 2021May 2021 | 26,000 /yr | |
| 510 | 1-bed | 618 sqft | AED 467KAED 467,007 · May 2009May 2009 | 26,000 /yr | |
| 511 | 1-bed | 618 sqft | AED 410KAED 410,270 · Apr 2026April 2026 | 23,872 /yr | |
| 513 | 1-bed | 609 sqft | AED 216KAED 216,147 · Sep 2015September 2015 | 24,000 /yr | |
| 514 | 2-bed | 1,294 sqft | AED 890KAED 889,907 · May 2009May 2009 | 72,000 /yr | |
| 515 | 2-bed | 1,098 sqft | AED 408KAED 408,179 · Jun 2015June 2015 | ||
| 516 | 1-bed | 632 sqft | AED 341KAED 341,196 · Mar 2018March 2018 | 28,000 /yr | |
| 517 | 1-bed | 834 sqft | AED 584KAED 584,000 · Jul 2015July 2015 | 45,000 /yr | |
| 518 | 1-bed | 781 sqft | AED 301KAED 300,823 · Mar 2018March 2018 | 35,000 /yr | |
| 519 | 1-bed | 515 sqft | AED 294KAED 294,300 · Jun 2025June 2025 | 22,000 /yr |
512, Mazaya 03 in numbers
- Sold 3 times: first on 10 June 2015 for AED 216,147, last on 27 June 2016 for AED 485,000 (AED 783 per sqft).
- Rented since April 2015 on 5 Ejari contracts, from AED 50,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2016 price is 5.1%, 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 15 February 2022.
Questions about 512, Mazaya 03
What did unit 512 last sell for?
AED 485,000 on 27 June 2016: AED 783 per sqft for 619 sqft. The unit has 3 registered sales; the first was AED 216,147 in June 2015.
What is the rent for unit 512?
AED 25,000 a year on the contract renewed on 15 February 2022. The previous contract, from February 2021, was AED 23,000; the unit has been rented since April 2015.
How big is unit 512?
619 sqft (57.5 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2014.
What is unit 512 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 512, Mazaya 03
Starts from the last sale price (AED 485K, 27 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 485,000
- Deposit, UAE resident (20%)
- AED 97,000
- Deposit, non-resident (40%)
- AED 194,000
- Monthly over 25 years at 3.7%
- AED 1,984
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →