1-bed · 934 sqftMazaya 03, Liwan · 6th floor · completed 2014

609, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 20 November 2022
Last soldAED 652K5 May 2009
Current rentAED 24K /yr20 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Mazaya 03

What is 609 worth today?

Last sold for AED 652,146 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Nov 2022RentedNew contract
AED 24,000/yr12 months · AED 26 per sqft
28 Nov 2021RentedNew contract
AED 28,000/yr12 months · AED 30 per sqft
26 Nov 2020RentedRenewal
AED 28,000/yr12 months · AED 30 per sqft
26 Nov 2019RentedNew contract
AED 34,000/yr12 months · AED 36 per sqft
20 Sep 2018RentedRenewal
AED 52,000/yr12 months · AED 56 per sqft
20 Sep 2017RentedRenewal
AED 57,000/yr12 months · AED 61 per sqft
20 Sep 2016RentedNew contract
AED 57,000/yr12 months · AED 61 per sqft
20 Mar 2016RentedRenewal
AED 60,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 20 November 2022.

Key facts

Type
1-bed apartment
Size
934 sqft
Floor
6th of 14
Parking
G-121
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 652K · May 2009
Building
Mazaya 03

About 609, Mazaya 03

609 is a one-bedroom apartment of 934 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 5 May 2009 for AED 652,146, or AED 698 per sqft, in line with the AED 710 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 20 November 2022, is AED 24,000 a year: a gross yield of 3.7% on the 2009 price, before the service charge of about AED 6,900 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical one-bed in Mazaya 03
400K600K2009201420192024Typical 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 652,146 (AED 698 per sqft)

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

Rents
Unit 609, each contractTypical one-bed in Mazaya 03
20K40K60K201520182021Typical 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, March 2015: AED 60,000 a yearRenewal, March 2016: AED 60,000 a yearNew contract, September 2016: AED 57,000 a yearRenewal, September 2017: AED 57,000 a yearRenewal, September 2018: AED 52,000 a yearNew contract, November 2019: AED 34,000 a yearRenewal, November 2020: AED 28,000 a yearNew contract, November 2021: AED 28,000 a yearNew contract, November 2022: 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 609 sits

All 147 1-beds →

609 last sold in May 2009 at AED 698 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 710). 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

609, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 5 May 2009 for AED 652,146, or AED 698 per sqft.
  • Rented since March 2015 on 9 Ejari contracts, from AED 60,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2009 price is 3.7%, before a service charge of about AED 6,900 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 20 November 2022.

Questions about 609, Mazaya 03

What did unit 609 last sell for?

AED 652,146 on 5 May 2009, sold by the developer: AED 698 per sqft for 934 sqft. It is the only registered sale of the unit.

What is the rent for unit 609?

AED 24,000 a year on the contract signed on 20 November 2022. The previous contract, from November 2021, was AED 28,000; the unit has been rented since March 2015.

How big is unit 609?

934 sqft (86.8 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2014.

What is unit 609 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.

Selling 609? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 609, Mazaya 03

Starts from the last sale price (AED 652K, 5 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 652,146
Deposit, UAE resident (20%)
AED 130,429
Deposit, non-resident (40%)
AED 260,858
Monthly over 25 years at 3.7%
AED 2,668

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