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1-bed · 522 sqftMazaya 03, Liwan · 6th floor · completed 2014

601, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 1 December 2020
Last soldAED 386K10 May 2009
Current rentAED 24K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 601, Mazaya 03

What is 601 worth today?

Last sold for AED 386,177 in 2009

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1 Dec 2020RentedNew contract
AED 24,000/yr12 months · AED 46 per sqft
1 Dec 2019RentedRenewal
AED 30,000/yr12 months · AED 58 per sqft
1 Dec 2018RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
10 May 2009Sold by developerOff-plan
AED 386,177AED 740 per sqft

Source: Dubai Land Department. Updated 1 December 2020.

Key facts

Type
1-bed apartment
Size
522 sqft
Floor
6th of 14
Parking
G-32
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,800 /yr
Last sold
AED 386K · May 2009
Building
Mazaya 03

About 601, Mazaya 03

601 is a one-bedroom apartment of 522 sqft on the 6th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 10 May 2009 for AED 386,177, or AED 740 per sqft, in line with the AED 722 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 December 2020, is AED 24,000 a year: a gross yield of 6.2% on the 2009 price, before the service charge of about AED 3,800 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical one-bed in Mazaya 03
300K400K500K2009201420192024Typical 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 386,177 (AED 740 per sqft)

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

Rents
Unit 601, 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, December 2018: AED 33,000 a yearRenewal, December 2019: AED 30,000 a yearNew contract, December 2020: 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 601 sits

All 147 1-beds →

601 last sold in May 2009 at AED 740 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 722). 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 6th floor

All 219 units in Mazaya 03
Value
6021-bedAED 211K · Jun 2015
6031-bedAED 464K · May 2009
6041-bedAED 270K · Mar 2021
6052-bedAED 834K · May 2009
6062-bedAED 448K · Jun 2015
6071-bedAED 638K · Jun 2015
6081-bedAED 345K · Jun 2015
1–7 of 17

601, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 10 May 2009 for AED 386,177, or AED 740 per sqft.
  • Rented since December 2018 on 3 Ejari contracts, from AED 33,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2009 price is 6.2%, before a service charge of about AED 3,800 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 December 2020.

Questions about 601, Mazaya 03

What did unit 601 last sell for?

AED 386,177 on 10 May 2009, sold by the developer: AED 740 per sqft for 522 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 24,000 a year on the contract signed on 1 December 2020. The previous contract, from December 2019, was AED 30,000; the unit has been rented since December 2018.

How big is unit 601?

522 sqft (48.5 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2014.

What is unit 601 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 601, Mazaya 03

Starts from the last sale price (AED 386K, 10 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 386,177
Deposit, UAE resident (20%)
AED 77,235
Deposit, non-resident (40%)
AED 154,471
Monthly over 25 years at 3.7%
AED 1,580

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