1-bed · 515 sqftMazaya 03, Liwan · 6th floor · completed 2014

618, 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 618 · DLD and Ejari recordsUpdated 1 December 2021
Last soldAED 380K10 June 2015
Current rentAED 25K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 618, Mazaya 03

What is 618 worth today?

Last sold for AED 380,000 in 2015

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1 Dec 2021RentedRenewal
AED 25,000/yr12 months · AED 49 per sqft
1 Jun 2021RentedNew contract
AED 24,000/yr6 months · AED 47 per sqft
1 Dec 2019RentedRenewal
AED 30,000/yr12 months · AED 58 per sqft
1 Dec 2018RentedRenewal
AED 35,000/yr12 months · AED 68 per sqft
1 Dec 2017RentedNew contract
AED 40,000/yr12 months · AED 78 per sqft
2 Sep 2016RentedRenewal
AED 50,000/yr12 months · AED 97 per sqft
2 Sep 2015RentedNew contract
AED 50,000/yr12 months · AED 97 per sqft
10 Jun 2015Sold by developerReady
AED 380,000AED 737 per sqft

Source: Dubai Land Department. Updated 1 December 2021.

Key facts

Type
1-bed apartment
Size
515 sqft
Floor
6th of 14
Parking
G-39
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,800 /yr
Last sold
AED 380K · June 2015
Building
Mazaya 03

About 618, Mazaya 03

618 is a one-bedroom apartment of 515 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 10 June 2015 for AED 380,000, or AED 737 per sqft, in line with the AED 732 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 25,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 3,800 a year.

Sales and rents for 618 over time

Sales
Unit 618, 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 380,000 (AED 737 per sqft)

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

Rents
Unit 618, each contractTypical one-bed in Mazaya 03
20K40K20152017201920212023Typical 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, September 2015: AED 50,000 a yearRenewal, September 2016: AED 50,000 a yearNew contract, December 2017: AED 40,000 a yearRenewal, December 2018: AED 35,000 a yearRenewal, December 2019: AED 30,000 a yearNew contract, June 2021: AED 24,000 a yearRenewal, December 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 618 sits

All 147 1-beds →

618 last sold in June 2015 at AED 737 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 732). 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

618, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 10 June 2015 for AED 380,000, or AED 737 per sqft.
  • Rented since September 2015 on 7 Ejari contracts, from AED 50,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 3,800 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 December 2021.

Questions about 618, Mazaya 03

What did unit 618 last sell for?

AED 380,000 on 10 June 2015, sold by the developer: AED 737 per sqft for 515 sqft. It is the only registered sale of the unit.

What is the rent for unit 618?

AED 25,000 a year on the contract renewed on 1 December 2021. The previous contract, from June 2021, was AED 24,000; the unit has been rented since September 2015.

How big is unit 618?

515 sqft (47.8 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2014.

What is unit 618 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 618, Mazaya 03

Starts from the last sale price (AED 380K, 10 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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