2-bed · 1,215 sqftMazaya 03, Liwan · 6th floor · completed 2014

606, Mazaya 03

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

Unit 606 · DLD and Ejari recordsUpdated 12 June 2022
Last soldAED 448K17 June 2015
Current rentAED 41K /yr12 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Mazaya 03

What is 606 worth today?

Last sold for AED 448,170 in 2015

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12 Jun 2022RentedNew contract
AED 41,000/yr12 months · AED 34 per sqft
21 Apr 2021RentedRenewal
AED 45,000/yr13 months · AED 37 per sqft
21 Apr 2020RentedRenewal
AED 50,000/yr12 months · AED 41 per sqft
21 Apr 2019RentedRenewal
AED 57,000/yr12 months · AED 47 per sqft
21 Apr 2018RentedRenewal
AED 65,000/yr12 months · AED 53 per sqft
21 Apr 2017RentedRenewal
AED 70,000/yr12 months · AED 58 per sqft
21 Apr 2016RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
17 Jun 2015Sold by developerReady
AED 448,170AED 368 per sqft

Source: Dubai Land Department. Updated 12 June 2022.

Key facts

Type
2-bed apartment
Size
1,215 sqft
Floor
6th of 14
Parking
B-11
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,000 /yr
Last sold
AED 448K · June 2015
Building
Mazaya 03

About 606, Mazaya 03

606 is a two-bedroom apartment of 1,215 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 448,170, or AED 368 per sqft, in line with the AED 372 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 12 June 2022, is AED 41,000 a year: a gross yield of 9.2% on the 2015 price, before the service charge of about AED 9,000 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical two-bed in Mazaya 03
400K600K800K2009201420192024Typical 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 448,170 (AED 368 per sqft)

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

Rents
Unit 606, 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 55,000New contract, April 2015: AED 70,000 a yearNew contract, April 2016: AED 70,000 a yearRenewal, April 2017: AED 70,000 a yearRenewal, April 2018: AED 65,000 a yearRenewal, April 2019: AED 57,000 a yearRenewal, April 2020: AED 50,000 a yearRenewal, April 2021: AED 45,000 a yearNew contract, June 2022: AED 41,000 a year

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 606 sits

All 58 2-beds →

606 last sold in June 2015 at AED 368 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 6th floor

All 219 units in Mazaya 03
Value
6011-bedAED 386K · May 2009
6021-bedAED 211K · Jun 2015
6031-bedAED 464K · May 2009
6041-bedAED 270K · Mar 2021
6052-bedAED 834K · May 2009
6071-bedAED 638K · Jun 2015
6081-bedAED 345K · Jun 2015
1–7 of 17

606, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 17 June 2015 for AED 448,170, or AED 368 per sqft.
  • Rented since April 2015 on 8 Ejari contracts, from AED 70,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2015 price is 9.2%, before a service charge of about AED 9,000 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 12 June 2022.

Questions about 606, Mazaya 03

What did unit 606 last sell for?

AED 448,170 on 17 June 2015, sold by the developer: AED 368 per sqft for 1,215 sqft. It is the only registered sale of the unit.

What is the rent for unit 606?

AED 41,000 a year on the contract signed on 12 June 2022. The previous contract, from April 2021, was AED 45,000; the unit has been rented since April 2015.

How big is unit 606?

1,215 sqft (112.9 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2014.

What is unit 606 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 606, Mazaya 03

Starts from the last sale price (AED 448K, 17 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 448,170
Deposit, UAE resident (20%)
AED 89,634
Deposit, non-resident (40%)
AED 179,268
Monthly over 25 years at 3.7%
AED 1,834

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