2-bed · 1,168 sqftMazaya 03, Liwan · 8th floor · completed 2014

805, 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 805 · DLD and Ejari recordsUpdated 27 March 2022
Last soldAED 890K7 May 2009
Current rentAED 39K /yr27 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Mazaya 03

What is 805 worth today?

Last sold for AED 890,097 in 2009

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27 Mar 2022RentedNew contract
AED 39,000/yr12 months · AED 34 per sqft
1 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 34 per sqft
1 Feb 2020RentedNew contract
AED 45,000/yr12 months · AED 39 per sqft
5 Jan 2019RentedRenewal
AED 59,000/yr12 months · AED 51 per sqft
5 Jan 2018RentedNew contract
AED 63,000/yr12 months · AED 54 per sqft
1 Mar 2017RentedNew contract
AED 65,000/yr12 months · AED 56 per sqft
20 Jan 2016RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft
15 Apr 2015RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 27 March 2022.

Key facts

Type
2-bed apartment
Size
1,168 sqft
Floor
8th of 14
Parking
B-10
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 890K · May 2009
Building
Mazaya 03

About 805, Mazaya 03

805 is a two-bedroom apartment of 1,168 sqft on the 8th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 7 May 2009 for AED 890,097, or AED 762 per sqft, 6% above the AED 721 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 27 March 2022, is AED 39,000 a year: a gross yield of 4.4% on the 2009 price, before the service charge of about AED 8,600 a year.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical two-bed in Mazaya 03
400K600K800K2009201420192024Typical sale price by year: 2009 AED 884,813; 2013 AED 479,859; 2015 AED 468,271; 2016 AED 775,000; 2017 AED 760,000; 2018 AED 785,000; 2019 AED 580,000; 2021 AED 500,000; 2026 AED 700,000Sold by developer, May 2009: AED 890,097 (AED 762 per sqft)

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

Rents
Unit 805, each contractTypical two-bed in Mazaya 03
40K60K80K2015201820212024Typical rent by year: 2015 AED 74,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 60,000; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 41,000; 2024 AED 55,000New contract, April 2015: AED 75,000 a yearNew contract, January 2016: AED 75,000 a yearNew contract, March 2017: AED 65,000 a yearNew contract, January 2018: AED 63,000 a yearRenewal, January 2019: AED 59,000 a yearNew contract, February 2020: AED 45,000 a yearNew contract, February 2021: AED 40,000 a yearNew contract, March 2022: AED 39,000 a year

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 805 sits

All 58 2-beds →

805 last sold in May 2009 at AED 762 per sqft, 6% above what two-beds in Mazaya 03 were fetching at the time (AED 721). 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 salesUnit no.Price (AED)Summary
12 May 2026700,000
29 Apr 2026700,000
13 Feb 2026680,000
30 Mar 2022452,000
3 2-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 8th floor

All 219 units in Mazaya 03
Value
8011-bedAED 196K · Jul 2016
8021-bedAED 429K · May 2009
8031-bedAED 471K · May 2009
8041-bedAED 460K · May 2009
8062-bedAED 580K · May 2019
8071-bedAED 460K · Dec 2017
8081-bedAED 448K · Apr 2017
1–7 of 17

805, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 7 May 2009 for AED 890,097, or AED 762 per sqft.
  • Rented since April 2015 on 8 Ejari contracts, from AED 75,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2009 price is 4.4%, before a service charge of about AED 8,600 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 27 March 2022.

Questions about 805, Mazaya 03

What did unit 805 last sell for?

AED 890,097 on 7 May 2009, sold by the developer: AED 762 per sqft for 1,168 sqft. It is the only registered sale of the unit.

What is the rent for unit 805?

AED 39,000 a year on the contract signed on 27 March 2022. The previous contract, from February 2021, was AED 40,000; the unit has been rented since April 2015.

How big is unit 805?

1,168 sqft (108.5 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2014.

What is unit 805 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 805, Mazaya 03

Starts from the last sale price (AED 890K, 7 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 890,097
Deposit, UAE resident (20%)
AED 178,019
Deposit, non-resident (40%)
AED 356,039
Monthly over 25 years at 3.7%
AED 3,642

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