614, Mazaya 03
Sold prices and rental history: sold twice, last in January 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 614, Mazaya 03
What is 614 worth today?
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Source: Dubai Land Department. Updated 15 August 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,098 sqft
- Floor
- 6th of 14
- Parking
- B-40
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 8,100 /yr
- Last sold
- AED 785K · January 2018
- Building
- Mazaya 03
About 614, Mazaya 03
614 is a two-bedroom apartment of 1,098 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 18 January 2018 for AED 785,000, or AED 714 per sqft, in line with the AED 714 two-beds in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 15 August 2021, is AED 37,000 a year: a gross yield of 4.7% on the 2018 price, before the service charge of about AED 8,100 a year.
Sales and rents for 614 over time
614 has sold twice; 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 614 sits
All 58 2-beds →614 last sold in January 2018 at AED 714 per sqft, in line with what two-beds in Mazaya 03 were fetching at the time (AED 714). 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 | |
| 605 | 2-bed | 1,168 sqft | AED 834KAED 834,466 · May 2009May 2009 | 40,000 /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 | |
| 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 |
614, Mazaya 03 in numbers
- Sold twice: first on 18 June 2015 for AED 411,099, last on 18 January 2018 for AED 785,000 (AED 714 per sqft).
- Rented since April 2015 on 3 Ejari contracts, from AED 73,000 to AED 37,000 a year.
- At AED 37,000 a year the gross yield on the 2018 price is 4.7%, before a service charge of about AED 8,100 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 15 August 2021.
Questions about 614, Mazaya 03
What did unit 614 last sell for?
AED 785,000 on 18 January 2018: AED 714 per sqft for 1,098 sqft. The unit has 2 registered sales; the first was AED 411,099 in June 2015.
What is the rent for unit 614?
AED 37,000 a year on the contract signed on 15 August 2021. The previous contract, from April 2016, was AED 73,000; the unit has been rented since April 2015.
How big is unit 614?
1,098 sqft (102.0 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2014.
What is unit 614 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 614, Mazaya 03
Starts from the last sale price (AED 785K, 18 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 785,000
- Deposit, UAE resident (20%)
- AED 157,000
- Deposit, non-resident (40%)
- AED 314,000
- Monthly over 25 years at 3.7%
- AED 3,212
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →