617, Mazaya 03
Sold prices and rental history: sold 3 times, last in September 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 617, Mazaya 03
What is 617 worth today?
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Source: Dubai Land Department. Updated 1 February 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 781 sqft
- Floor
- 6th of 14
- Parking
- G-87
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 5,800 /yr
- Last sold
- AED 565K · September 2016
- Building
- Mazaya 03
About 617, Mazaya 03
617 is a one-bedroom apartment of 781 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 22 September 2016 for AED 565,000, or AED 723 per sqft, in line with the AED 707 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 February 2021, is AED 26,000 a year: a gross yield of 4.6% on the 2016 price, before the service charge of about AED 5,800 a year.
Sales and rents for 617 over time
617 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 617 sits
All 147 1-beds →617 last sold in September 2016 at AED 723 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 707). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20264 June 2026 | 934 sqft | 515,000 | 551 | ||
| 30 Apr 202630 April 2026 | 618 sqft | 410,270 | 664 | ||
| 4 Apr 20264 April 2026 | 641 sqft | 400,000 | 624 | ||
| 31 Jan 202631 January 2026 | 593 sqft | 450,000 | 759 |
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 | |
| 614 | 2-bed | 1,098 sqft | AED 785KAED 785,000 · Jan 2018January 2018 | 37,000 /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 | |
| 618 | 1-bed | 515 sqft | AED 380KAED 380,000 · Jun 2015June 2015 | 25,000 /yr |
617, Mazaya 03 in numbers
- Sold 3 times: first on 12 July 2012 for AED 266,221, last on 22 September 2016 for AED 565,000 (AED 723 per sqft).
- Rented since June 2016 on 4 Ejari contracts, from AED 55,000 to AED 26,000 a year.
- At AED 26,000 a year the gross yield on the 2016 price is 4.6%, before a service charge of about AED 5,800 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 1 February 2021.
Questions about 617, Mazaya 03
What did unit 617 last sell for?
AED 565,000 on 22 September 2016: AED 723 per sqft for 781 sqft. The unit has 3 registered sales; the first was AED 266,221 in July 2012.
What is the rent for unit 617?
AED 26,000 a year on the contract signed on 1 February 2021. The previous contract, from January 2020, was AED 35,094; the unit has been rented since June 2016.
How big is unit 617?
781 sqft (72.6 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2014.
What is unit 617 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 617, Mazaya 03
Starts from the last sale price (AED 565K, 22 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 565,000
- Deposit, UAE resident (20%)
- AED 113,000
- Deposit, non-resident (40%)
- AED 226,000
- Monthly over 25 years at 3.7%
- AED 2,312
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →