602, Mazaya 03
Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Mazaya 03
What is 602 worth today?
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Source: Dubai Land Department. Updated 10 December 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 594 sqft
- Floor
- 6th of 14
- Parking
- G-55
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 4,400 /yr
- Last sold
- AED 211K · June 2015
- Building
- Mazaya 03
About 602, Mazaya 03
602 is a one-bedroom apartment of 594 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 17 June 2015 for AED 211,342, or AED 355 per sqft, 5% below the AED 372 one-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 10 December 2021, is AED 24,000 a year: a gross yield of 11.4% on the 2015 price, before the service charge of about AED 4,400 a year.
Sales and rents for 602 over time
602 has sold once; 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 602 sits
All 147 1-beds →602 last sold in June 2015 at AED 355 per sqft, 5% below what one-beds in Mazaya 03 were fetching at the time (AED 372). 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 6th floor
All 219 units in Mazaya 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 522 sqft | AED 386KAED 386,177 · May 2009May 2009 | 24,000 /yr | |
| 603 | 1-bed | 641 sqft | AED 464KAED 464,200 · May 2009May 2009 | 28,000 /yr | |
| 604 | 1-bed | 642 sqft | AED 270KAED 270,000 · Mar 2021March 2021 | 23,000 /yr | |
| 605 | 2-bed | 1,168 sqft | AED 834KAED 834,466 · May 2009May 2009 | 40,000 /yr | |
| 606 | 2-bed | 1,215 sqft | AED 448KAED 448,170 · Jun 2015June 2015 | 41,000 /yr | |
| 607 | 1-bed | 910 sqft | AED 638KAED 638,000 · Jun 2015June 2015 | 31,000 /yr | |
| 608 | 1-bed | 895 sqft | AED 345KAED 344,570 · Jun 2015June 2015 | 30,000 /yr | |
| 609 | 1-bed | 934 sqft | AED 652KAED 652,146 · May 2009May 2009 | 24,000 /yr | |
| 610 | 1-bed | 954 sqft | AED 671KAED 670,750 · Jun 2015June 2015 | 32,000 /yr | |
| 611 | 1-bed | 910 sqft | AED 634KAED 634,301 · Jan 2014January 2014 | 25,000 /yr | |
| 612 | 1-bed | 607 sqft | AED 400KAED 400,000 · Jun 2018June 2018 | 23,000 /yr | |
| 613 | 2-bed | 1,295 sqft | AED 472KAED 471,722 · Jun 2015June 2015 | 35,000 /yr | |
| 614 | 2-bed | 1,098 sqft | AED 785KAED 785,000 · Jan 2018January 2018 | 37,000 /yr | |
| 615 | 1-bed | 632 sqft | AED 360KAED 360,380 · Aug 2016August 2016 | 23,000 /yr | |
| 616 | 1-bed | 834 sqft | AED 691KAED 691,264 · May 2009May 2009 | 24,000 /yr | |
| 617 | 1-bed | 781 sqft | AED 565KAED 565,000 · Sep 2016September 2016 | 26,000 /yr | |
| 618 | 1-bed | 515 sqft | AED 380KAED 380,000 · Jun 2015June 2015 | 25,000 /yr |
602, Mazaya 03 in numbers
- Sold once: by Al Mazaya Real Estate on 17 June 2015 for AED 211,342, or AED 355 per sqft.
- Rented since September 2020 on 2 Ejari contracts, at AED 24,000 a year.
- At AED 24,000 a year the gross yield on the 2015 price is 11.4%, before a service charge of about AED 4,400 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 10 December 2021.
Questions about 602, Mazaya 03
What did unit 602 last sell for?
AED 211,342 on 17 June 2015, sold by the developer: AED 355 per sqft for 594 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 24,000 a year on the contract signed on 10 December 2021. The previous contract, from September 2020, was AED 24,000.
How big is unit 602?
594 sqft (55.2 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2014.
What is unit 602 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 602, Mazaya 03
Starts from the last sale price (AED 211K, 17 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 211,342
- Deposit, UAE resident (20%)
- AED 42,268
- Deposit, non-resident (40%)
- AED 84,537
- Monthly over 25 years at 3.7%
- AED 865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →