1-bed · 642 sqftMazaya 03, Liwan · 9th floor · completed 2014

903, Mazaya 03

Sold prices and rental history: sold twice, last in May 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 8 June 2022
Last soldAED 400K21 May 2018
Current rentAED 25K /yr8 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Mazaya 03

What is 903 worth today?

Last sold for AED 400,000 in 2018

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8 Jun 2022RentedRenewal
AED 25,000/yr12 months · AED 39 per sqft
8 Jun 2021RentedNew contract
AED 25,000/yr12 months · AED 39 per sqft
2 Apr 2019RentedNew contract
AED 32,000/yr12 months · AED 50 per sqft
21 May 2018SoldReady
AED 400,000AED 622 per sqft
1 Feb 2017RentedRenewal
AED 50,000/yr12 months · AED 77 per sqft
1 Feb 2016RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
11 Apr 2015RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
7 May 2009Sold by developerOff-plan
AED 462,960AED 720 per sqft

Source: Dubai Land Department. Updated 8 June 2022.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
9th of 14
Parking
G-14
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 400K · May 2018
Building
Mazaya 03

About 903, Mazaya 03

903 is a one-bedroom apartment of 642 sqft on the 9th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 21 May 2018 for AED 400,000, or AED 622 per sqft, in line with the AED 622 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 8 June 2022, is AED 25,000 a year: a gross yield of 6.3% on the 2018 price, before the service charge of about AED 4,700 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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 462,960 (AED 720 per sqft)Sold, May 2018: AED 400,000 (AED 622 per sqft)

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

Rents
Unit 903, each contractTypical one-bed in Mazaya 03
40K20152017201920212023Typical 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 2015: AED 50,000 a yearNew contract, February 2016: AED 50,000 a yearRenewal, February 2017: AED 50,000 a yearNew contract, April 2019: AED 32,000 a yearNew contract, June 2021: AED 25,000 a yearRenewal, June 2022: AED 25,000 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 903 sits

All 147 1-beds →

903 last sold in May 2018 at AED 622 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 622). 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
9021-bedAED 230K · Nov 2015
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

903, Mazaya 03 in numbers

  • Sold twice: first on 7 May 2009 for AED 462,960, last on 21 May 2018 for AED 400,000 (AED 622 per sqft).
  • Rented since April 2015 on 6 Ejari contracts, from AED 50,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2018 price is 6.3%, 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 8 June 2022.

Questions about 903, Mazaya 03

What did unit 903 last sell for?

AED 400,000 on 21 May 2018: AED 622 per sqft for 642 sqft. The unit has 2 registered sales; the first was AED 462,960 in May 2009.

What is the rent for unit 903?

AED 25,000 a year on the contract renewed on 8 June 2022. The previous contract, from June 2021, was AED 25,000; the unit has been rented since April 2015.

How big is unit 903?

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

What is unit 903 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 903, Mazaya 03

Starts from the last sale price (AED 400K, 21 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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