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1-bed · 934 sqftMazaya 03, Liwan · 8th floor · completed 2014

809, Mazaya 03

Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 20 September 2020
Last soldAED 470K11 December 2017
Current rentAED 34K /yr20 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 809, Mazaya 03

What is 809 worth today?

Last sold for AED 470,000 in 2017

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20 Sep 2020RentedNew contract
AED 34,000/yr12 months · AED 36 per sqft
20 Sep 2019RentedNew contract
AED 37,000/yr12 months · AED 40 per sqft
11 Dec 2017SoldReady
AED 470,000AED 503 per sqft
1 Jun 2017RentedNew contract
AED 51,000/yr12 months · AED 55 per sqft
24 Mar 2015RentedNew contract
AED 58,000/yr12 months · AED 62 per sqft
7 May 2009Sold by developerOff-plan
AED 697,120AED 746 per sqft

Source: Dubai Land Department. Updated 20 September 2020.

Key facts

Type
1-bed apartment
Size
934 sqft
Floor
8th of 14
Parking
G-122
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 470K · December 2017
Building
Mazaya 03

About 809, Mazaya 03

809 is a one-bedroom apartment of 934 sqft on the 8th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 11 December 2017 for AED 470,000, or AED 503 per sqft, 23% below the AED 657 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 20 September 2020, is AED 34,000 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 6,900 a year.

Sales and rents for 809 over time

Sales
Unit 809, 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 697,120 (AED 746 per sqft)Sold, December 2017: AED 470,000 (AED 503 per sqft)

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

Rents
Unit 809, 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, March 2015: AED 58,000 a yearNew contract, June 2017: AED 51,000 a yearNew contract, September 2019: AED 37,000 a yearNew contract, September 2020: AED 34,000 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 809 sits

All 147 1-beds →

809 last sold in December 2017 at AED 503 per sqft, 23% below what one-beds in Mazaya 03 were fetching at the time (AED 657). 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 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
8052-bedAED 890K · May 2009
8062-bedAED 580K · May 2019
8071-bedAED 460K · Dec 2017
1–7 of 17

809, Mazaya 03 in numbers

  • Sold twice: first on 7 May 2009 for AED 697,120, last on 11 December 2017 for AED 470,000 (AED 503 per sqft).
  • Rented since March 2015 on 4 Ejari contracts, from AED 58,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 6,900 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 20 September 2020.

Questions about 809, Mazaya 03

What did unit 809 last sell for?

AED 470,000 on 11 December 2017: AED 503 per sqft for 934 sqft. The unit has 2 registered sales; the first was AED 697,120 in May 2009.

What is the rent for unit 809?

AED 34,000 a year on the contract signed on 20 September 2020. The previous contract, from September 2019, was AED 37,000; the unit has been rented since March 2015.

How big is unit 809?

934 sqft (86.8 sqm): a one-bedroom apartment on the 8th floor of a 14-storey tower completed in 2014.

What is unit 809 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 809, Mazaya 03

Starts from the last sale price (AED 470K, 11 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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