605, Mazaya 03
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 605, Mazaya 03
What is 605 worth today?
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Source: Dubai Land Department. Updated 29 March 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,168 sqft
- Floor
- 6th of 14
- Parking
- B-35
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 8,600 /yr
- Last sold
- AED 834K · May 2009
- Building
- Mazaya 03
About 605, Mazaya 03
605 is a two-bedroom apartment of 1,168 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 7 May 2009 for AED 834,466, or AED 714 per sqft, in line with the AED 721 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 29 March 2021, is AED 40,000 a year: a gross yield of 4.8% on the 2009 price, before the service charge of about AED 8,600 a year.
Sales and rents for 605 over time
605 has sold once; the dashed line is the two-bed median of each year in the building.
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 605 sits
All 58 2-beds →605 last sold in May 2009 at AED 714 per sqft, in line with what two-beds in Mazaya 03 were fetching at the time (AED 721). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 May 202612 May 2026 | 1,246 sqft | 700,000 | 561 | ||
| 29 Apr 202629 April 2026 | 1,501 sqft | 700,000 | 466 | ||
| 13 Feb 202613 February 2026 | 1,168 sqft | 680,000 | 582 | ||
| 30 Mar 202230 March 2022 | 1,214 sqft | 452,000 | 372 |
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 | |
| 602 | 1-bed | 594 sqft | AED 211KAED 211,342 · Jun 2015June 2015 | 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 | |
| 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 |
605, Mazaya 03 in numbers
- Sold once: by Al Mazaya Real Estate on 7 May 2009 for AED 834,466, or AED 714 per sqft.
- Rented since January 2016 on 5 Ejari contracts, from AED 75,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2009 price is 4.8%, before a service charge of about AED 8,600 a year (AED 7.37 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 29 March 2021.
Questions about 605, Mazaya 03
What did unit 605 last sell for?
AED 834,466 on 7 May 2009, sold by the developer: AED 714 per sqft for 1,168 sqft. It is the only registered sale of the unit.
What is the rent for unit 605?
AED 40,000 a year on the contract renewed on 29 March 2021. The previous contract, from March 2020, was AED 45,000; the unit has been rented since January 2016.
How big is unit 605?
1,168 sqft (108.5 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2014.
What is unit 605 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 605, Mazaya 03
Starts from the last sale price (AED 834K, 7 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 834,466
- Deposit, UAE resident (20%)
- AED 166,893
- Deposit, non-resident (40%)
- AED 333,786
- Monthly over 25 years at 3.7%
- AED 3,414
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →