1-bed · 895 sqftMazaya 03, Liwan · 6th floor · completed 2014

608, 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 608 · DLD and Ejari recordsUpdated 25 August 2021
Last soldAED 345K17 June 2015
Current rentAED 30K /yr25 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Mazaya 03

What is 608 worth today?

Last sold for AED 344,570 in 2015

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25 Aug 2021RentedRenewal
AED 30,000/yr12 months · AED 34 per sqft
25 Aug 2020RentedRenewal
AED 30,000/yr12 months · AED 34 per sqft
25 Aug 2019RentedRenewal
AED 40,000/yr12 months · AED 45 per sqft
25 Aug 2018RentedRenewal
AED 48,000/yr12 months · AED 54 per sqft
25 Aug 2017RentedNew contract
AED 49,000/yr12 months · AED 55 per sqft
17 Jun 2015Sold by developerReady
AED 344,570AED 384 per sqft
18 Apr 2015RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 25 August 2021.

Key facts

Type
1-bed apartment
Size
895 sqft
Floor
6th of 14
Parking
G-120
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 345K · June 2015
Building
Mazaya 03

About 608, Mazaya 03

608 is a one-bedroom apartment of 895 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 344,570, or AED 384 per sqft, 3% above the AED 372 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 25 August 2021, is AED 30,000 a year: a gross yield of 8.7% on the 2015 price, before the service charge of about AED 6,600 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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, June 2015: AED 344,570 (AED 384 per sqft)

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

Rents
Unit 608, each contractTypical one-bed in Mazaya 03
20K40K60K20152017201920212023Typical 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, April 2015: AED 60,000 a yearNew contract, August 2017: AED 49,000 a yearRenewal, August 2018: AED 48,000 a yearRenewal, August 2019: AED 40,000 a yearRenewal, August 2020: AED 30,000 a yearRenewal, August 2021: AED 30,000 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 608 sits

All 147 1-beds →

608 last sold in June 2015 at AED 384 per sqft, 3% above 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 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
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
6062-bedAED 448K · Jun 2015
6071-bedAED 638K · Jun 2015
1–7 of 17

608, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 17 June 2015 for AED 344,570, or AED 384 per sqft.
  • Rented since April 2015 on 6 Ejari contracts, from AED 60,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2015 price is 8.7%, before a service charge of about AED 6,600 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 25 August 2021.

Questions about 608, Mazaya 03

What did unit 608 last sell for?

AED 344,570 on 17 June 2015, sold by the developer: AED 384 per sqft for 895 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 30,000 a year on the contract renewed on 25 August 2021. The previous contract, from August 2020, was AED 30,000; the unit has been rented since April 2015.

How big is unit 608?

895 sqft (83.1 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2014.

What is unit 608 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 608, Mazaya 03

Starts from the last sale price (AED 345K, 17 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 344,570
Deposit, UAE resident (20%)
AED 68,914
Deposit, non-resident (40%)
AED 137,828
Monthly over 25 years at 3.7%
AED 1,410

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