1-bed · 515 sqftMazaya 03, Liwan · 8th floor · completed 2014

818, Mazaya 03

Sold prices and rental history: sold twice, last in December 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 818 · DLD and Ejari recordsUpdated 2 April 2022
Last soldAED 450K6 December 2016
Current rentAED 20K /yr2 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 818, Mazaya 03

What is 818 worth today?

Last sold for AED 450,000 in 2016

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2 Apr 2022RentedRenewal
AED 20,000/yr12 months · AED 39 per sqft
2 Apr 2021RentedNew contract
AED 20,000/yr12 months · AED 39 per sqft
15 Sep 2018RentedNew contract
AED 36,000/yr12 months · AED 70 per sqft
25 Jun 2017RentedNew contract
AED 39,000/yr12 months · AED 75 per sqft
6 Dec 2016SoldReady
AED 450,000AED 873 per sqft
25 Apr 2016RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
6 May 2009Sold by developerOff-plan
AED 385,082AED 747 per sqft

Source: Dubai Land Department. Updated 2 April 2022.

Key facts

Type
1-bed apartment
Size
515 sqft
Floor
8th of 14
Parking
G-41
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,800 /yr
Last sold
AED 450K · December 2016
Building
Mazaya 03

About 818, Mazaya 03

818 is a one-bedroom apartment of 515 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 6 December 2016 for AED 450,000, or AED 873 per sqft, 22% above the AED 718 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 2 April 2022, is AED 20,000 a year: a gross yield of 4.4% on the 2016 price, before the service charge of about AED 3,800 a year.

Sales and rents for 818 over time

Sales
Unit 818, 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, May 2009: AED 385,082 (AED 747 per sqft)Sold, December 2016: AED 450,000 (AED 873 per sqft)

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

Rents
Unit 818, 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, April 2016: AED 45,000 a yearNew contract, June 2017: AED 39,000 a yearNew contract, September 2018: AED 36,000 a yearNew contract, April 2021: AED 20,000 a yearRenewal, April 2022: AED 20,000 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 818 sits

All 147 1-beds →

818 last sold in December 2016 at AED 873 per sqft, 22% above what one-beds in Mazaya 03 were fetching at the time (AED 718). 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

818, Mazaya 03 in numbers

  • Sold twice: first on 6 May 2009 for AED 385,082, last on 6 December 2016 for AED 450,000 (AED 873 per sqft).
  • Rented since April 2016 on 5 Ejari contracts, from AED 45,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2016 price is 4.4%, 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 2 April 2022.

Questions about 818, Mazaya 03

What did unit 818 last sell for?

AED 450,000 on 6 December 2016: AED 873 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 385,082 in May 2009.

What is the rent for unit 818?

AED 20,000 a year on the contract renewed on 2 April 2022. The previous contract, from April 2021, was AED 20,000; the unit has been rented since April 2016.

How big is unit 818?

515 sqft (47.8 sqm): a one-bedroom apartment on the 8th floor of a 14-storey tower completed in 2014.

What is unit 818 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 818, Mazaya 03

Starts from the last sale price (AED 450K, 6 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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