2-bed · 1,104 sqftMazaya 03, Liwan · 8th floor · completed 2014

814, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 814 · DLD and Ejari recordsUpdated 15 February 2021
Last soldAED 834K6 May 2009
Current rentAED 30K /yr15 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 814, Mazaya 03

What is 814 worth today?

Last sold for AED 833,876 in 2009

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15 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 27 per sqft
15 Dec 2019RentedNew contract
AED 40,000/yr12 months · AED 36 per sqft
6 May 2009Sold by developerOff-plan
AED 833,876AED 755 per sqft

Source: Dubai Land Department. Updated 15 February 2021.

Key facts

Type
2-bed apartment
Size
1,104 sqft
Floor
8th of 14
Parking
B-4
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,100 /yr
Last sold
AED 834K · May 2009
Building
Mazaya 03

About 814, Mazaya 03

814 is a two-bedroom apartment of 1,104 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 6 May 2009 for AED 833,876, or AED 755 per sqft, 4% above the AED 725 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 February 2021, is AED 30,000 a year: a gross yield of 3.6% on the 2009 price, before the service charge of about AED 8,100 a year.

Sales and rents for 814 over time

Sales
Unit 814, 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 833,876 (AED 755 per sqft)

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

Rents
Unit 814, each contractTypical two-bed in Mazaya 03
25K50K75K2015201820212024Typical 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, December 2019: AED 40,000 a yearNew contract, February 2021: AED 30,000 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 814 sits

All 58 2-beds →

814 last sold in May 2009 at AED 755 per sqft, 4% above what two-beds in Mazaya 03 were fetching at the time (AED 725). 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
8052-bedAED 890K · May 2009
8062-bedAED 580K · May 2019
8071-bedAED 460K · Dec 2017
1–7 of 17

814, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 6 May 2009 for AED 833,876, or AED 755 per sqft.
  • Rented since December 2019 on 2 Ejari contracts, from AED 40,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2009 price is 3.6%, 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 February 2021.

Questions about 814, Mazaya 03

What did unit 814 last sell for?

AED 833,876 on 6 May 2009, sold by the developer: AED 755 per sqft for 1,104 sqft. It is the only registered sale of the unit.

What is the rent for unit 814?

AED 30,000 a year on the contract signed on 15 February 2021. The previous contract, from December 2019, was AED 40,000.

How big is unit 814?

1,104 sqft (102.6 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2014.

What is unit 814 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 814, Mazaya 03

Starts from the last sale price (AED 834K, 6 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 833,876
Deposit, UAE resident (20%)
AED 166,775
Deposit, non-resident (40%)
AED 333,550
Monthly over 25 years at 3.7%
AED 3,412

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