1-bed · 609 sqftMazaya 03, Liwan · 5th floor · completed 2014

513, Mazaya 03

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

Unit 513 · DLD and Ejari recordsUpdated 1 October 2021
Last soldAED 216K15 September 2015
Current rentAED 24K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Mazaya 03

What is 513 worth today?

Last sold for AED 216,147 in 2015

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1 Oct 2021RentedRenewal
AED 24,000/yr12 months · AED 39 per sqft
1 Oct 2020RentedNew contract
AED 24,000/yr12 months · AED 39 per sqft
23 Jul 2019RentedNew contract
AED 32,000/yr12 months · AED 52 per sqft
7 Jun 2018RentedRenewal
AED 44,875/yr12 months · AED 73 per sqft
7 Jun 2017RentedRenewal
AED 45,000/yr12 months · AED 73 per sqft
7 Jun 2016RentedRenewal
AED 50,000/yr12 months · AED 81 per sqft
15 Sep 2015Sold by developerReady
AED 216,147AED 354 per sqft
7 Jun 2015RentedNew contract
AED 47,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 October 2021.

Key facts

Type
1-bed apartment
Size
609 sqft
Floor
5th of 14
Parking
G-62
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,500 /yr
Last sold
AED 216K · September 2015
Building
Mazaya 03

About 513, Mazaya 03

513 is a one-bedroom apartment of 609 sqft on the 5th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 15 September 2015 for AED 216,147, or AED 354 per sqft, 5% below the AED 374 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 24,000 a year: a gross yield of 11.1% on the 2015 price, before the service charge of about AED 4,500 a year.

Sales and rents for 513 over time

Sales
Unit 513, 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, September 2015: AED 216,147 (AED 354 per sqft)

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

Rents
Unit 513, 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 47,000 a yearRenewal, June 2016: AED 50,000 a yearRenewal, June 2017: AED 45,000 a yearRenewal, June 2018: AED 44,875 a yearNew contract, July 2019: AED 32,000 a yearNew contract, October 2020: AED 24,000 a yearRenewal, October 2021: AED 24,000 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 513 sits

All 147 1-beds →

513 last sold in September 2015 at AED 354 per sqft, 5% below 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 5th floor

All 219 units in Mazaya 03
Value
5011-bedAED 228K · Sep 2016
5021-bedAED 365K · Mar 2019
5031-bedAED 249K · Jun 2015
5041-bedAED 449K · May 2009
5052-bedAED 680K · Feb 2026
5062-bedAED 760K · Aug 2017
5071-bedAED 341K · Jul 2015
1–7 of 18

513, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 15 September 2015 for AED 216,147, or AED 354 per sqft.
  • Rented since June 2015 on 7 Ejari contracts, from AED 47,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2015 price is 11.1%, 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 1 October 2021.

Questions about 513, Mazaya 03

What did unit 513 last sell for?

AED 216,147 on 15 September 2015, sold by the developer: AED 354 per sqft for 609 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 24,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 24,000; the unit has been rented since June 2015.

How big is unit 513?

609 sqft (56.6 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2014.

What is unit 513 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 513, Mazaya 03

Starts from the last sale price (AED 216K, 15 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 216,147
Deposit, UAE resident (20%)
AED 43,229
Deposit, non-resident (40%)
AED 86,459
Monthly over 25 years at 3.7%
AED 884

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