1-bed · 910 sqftMazaya 03, Liwan · 6th floor · completed 2014

611, Mazaya 03

Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 5 May 2021
Last soldAED 634K6 January 2014
Current rentAED 25K /yr5 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Mazaya 03

What is 611 worth today?

Last sold for AED 634,301 in 2014

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5 May 2021RentedNew contract
AED 25,000/yr12 months · AED 27 per sqft
15 Jul 2018RentedRenewal
AED 44,000/yr12 months · AED 48 per sqft
15 Jul 2017RentedNew contract
AED 48,000/yr12 months · AED 52 per sqft
1 Jun 2016RentedRenewal
AED 57,000/yr12 months · AED 62 per sqft
1 Jun 2015RentedNew contract
AED 57,000/yr12 months · AED 62 per sqft
6 Jan 2014SoldOff-plan
AED 634,301AED 697 per sqft
11 Nov 2013SoldOff-plan
AED 491,928AED 540 per sqft
5 May 2009Sold by developerOff-plan
AED 634,301AED 697 per sqft

Source: Dubai Land Department. Updated 5 May 2021.

Key facts

Type
1-bed apartment
Size
910 sqft
Floor
6th of 14
Parking
B-52
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 634K · January 2014
Building
Mazaya 03

About 611, Mazaya 03

611 is a one-bedroom apartment of 910 sqft on the 6th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 6 January 2014 for AED 634,301, or AED 697 per sqft, 19% above the AED 588 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 5 May 2021, is AED 25,000 a year: a gross yield of 3.9% on the 2014 price, before the service charge of about AED 6,700 a year.

Sales and rents for 611 over time

Sales
Unit 611, 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 634,301 (AED 697 per sqft)Sold, November 2013: AED 491,928 (AED 540 per sqft)Sold, January 2014: AED 634,301 (AED 697 per sqft)

611 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 611, 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, June 2015: AED 57,000 a yearRenewal, June 2016: AED 57,000 a yearNew contract, July 2017: AED 48,000 a yearRenewal, July 2018: AED 44,000 a yearNew contract, May 2021: AED 25,000 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 611 sits

All 147 1-beds →

611 last sold in January 2014 at AED 697 per sqft, 19% above what one-beds in Mazaya 03 were fetching at the time (AED 588). 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

611, Mazaya 03 in numbers

  • Sold 3 times: first on 5 May 2009 for AED 634,301, last on 6 January 2014 for AED 634,301 (AED 697 per sqft).
  • Rented since June 2015 on 5 Ejari contracts, from AED 57,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2014 price is 3.9%, before a service charge of about AED 6,700 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 5 May 2021.

Questions about 611, Mazaya 03

What did unit 611 last sell for?

AED 634,301 on 6 January 2014: AED 697 per sqft for 910 sqft. The unit has 3 registered sales; the first was AED 634,301 in May 2009.

What is the rent for unit 611?

AED 25,000 a year on the contract signed on 5 May 2021. The previous contract, from July 2018, was AED 44,000; the unit has been rented since June 2015.

How big is unit 611?

910 sqft (84.5 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2014.

What is unit 611 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 611, Mazaya 03

Starts from the last sale price (AED 634K, 6 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 634,301
Deposit, UAE resident (20%)
AED 126,860
Deposit, non-resident (40%)
AED 253,720
Monthly over 25 years at 3.7%
AED 2,595

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