2-bed · 1,098 sqftMazaya 03, Liwan · 5th floor · completed 2014

515, Mazaya 03

Sold prices and rental history: sold once, by the developer in June 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 17 June 2015
Last soldAED 408K17 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Mazaya 03

What is 515 worth today?

Last sold for AED 408,179 in 2015

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17 Jun 2015Sold by developerReady
AED 408,179AED 371 per sqft

Source: Dubai Land Department. Updated 17 June 2015.

Key facts

Type
2-bed apartment
Size
1,098 sqft
Floor
5th of 14
Parking
B-60
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,100 /yr
Last sold
AED 408K · June 2015
Building
Mazaya 03

About 515, Mazaya 03

515 is a two-bedroom apartment of 1,098 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 17 June 2015 for AED 408,179, or AED 371 per sqft, in line with the AED 372 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 515 over time

Sales
Unit 515, 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 408,179 (AED 371 per sqft)

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

Rents
Unit 515, 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 55,000

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 515 sits

All 58 2-beds →

515 last sold in June 2015 at AED 371 per sqft, in line with 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 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

515, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 17 June 2015 for AED 408,179, or AED 371 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 17 June 2015.

Questions about 515, Mazaya 03

What did unit 515 last sell for?

AED 408,179 on 17 June 2015, sold by the developer: AED 371 per sqft for 1,098 sqft. It is the only registered sale of the unit.

How big is unit 515?

1,098 sqft (102.0 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2014.

What is unit 515 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 515, Mazaya 03

Starts from the last sale price (AED 408K, 17 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 408,179
Deposit, UAE resident (20%)
AED 81,636
Deposit, non-resident (40%)
AED 163,272
Monthly over 25 years at 3.7%
AED 1,670

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