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1-bed · 641 sqftMazaya 03, Liwan · 9th floor · completed 2014

902, Mazaya 03

Sold prices and rental history: sold once, by the developer in November 2015, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 15 September 2020
Last soldAED 230K29 November 2015
Current rentAED 24K /yr15 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 902, Mazaya 03

What is 902 worth today?

Last sold for AED 230,357 in 2015

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15 Sep 2020RentedNew contract
AED 24,000/yr12 months · AED 37 per sqft
22 Jun 2017RentedNew contract
AED 48,780/yr12 months · AED 76 per sqft
1 May 2016RentedNew contract
AED 50,000/yr12 months · AED 78 per sqft
29 Nov 2015Sold by developerReady
AED 230,357AED 359 per sqft

Source: Dubai Land Department. Updated 15 September 2020.

Key facts

Type
1-bed apartment
Size
641 sqft
Floor
9th of 14
Parking
G-19
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 230K · November 2015
Building
Mazaya 03

About 902, Mazaya 03

902 is a one-bedroom apartment of 641 sqft on the 9th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 29 November 2015 for AED 230,357, or AED 359 per sqft, 4% below the AED 374 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 15 September 2020, is AED 24,000 a year: a gross yield of 10.4% on the 2015 price, before the service charge of about AED 4,700 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical one-bed in Mazaya 03
200K400K2009201420192024Typical 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, November 2015: AED 230,357 (AED 359 per sqft)

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

Rents
Unit 902, 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, May 2016: AED 50,000 a yearNew contract, June 2017: AED 48,780 a yearNew contract, September 2020: AED 24,000 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 902 sits

All 147 1-beds →

902 last sold in November 2015 at AED 359 per sqft, 4% below what one-beds in Mazaya 03 were fetching at the time (AED 374). 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 9th floor

All 219 units in Mazaya 03
Value
9012-bedAED 700K · Jan 2017
9031-bedAED 400K · May 2018
9042-bedAED 448K · Jul 2015
9052-bedAED 458K · Jun 2015
9061-bedAED 235K · Jul 2016
9072-bedAED 825K · May 2017
9081-bedAED 487K · Jul 2025
1–7 of 15

902, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 29 November 2015 for AED 230,357, or AED 359 per sqft.
  • Rented since May 2016 on 3 Ejari contracts, from AED 50,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2015 price is 10.4%, before a service charge of about AED 4,700 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 15 September 2020.

Questions about 902, Mazaya 03

What did unit 902 last sell for?

AED 230,357 on 29 November 2015, sold by the developer: AED 359 per sqft for 641 sqft. It is the only registered sale of the unit.

What is the rent for unit 902?

AED 24,000 a year on the contract signed on 15 September 2020. The previous contract, from June 2017, was AED 48,780; the unit has been rented since May 2016.

How big is unit 902?

641 sqft (59.6 sqm): a one-bedroom apartment on the 9th floor of a 14-storey tower completed in 2014.

What is unit 902 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 902, Mazaya 03

Starts from the last sale price (AED 230K, 29 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 230,357
Deposit, UAE resident (20%)
AED 46,071
Deposit, non-resident (40%)
AED 92,143
Monthly over 25 years at 3.7%
AED 942

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