2-bed · 1,228 sqftMazaya 03, Liwan · 9th floor · completed 2014

905, Mazaya 03

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

Unit 905 · DLD and Ejari recordsUpdated 15 May 2022
Last soldAED 458K16 June 2015
Current rentAED 41K /yr15 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, Mazaya 03

What is 905 worth today?

Last sold for AED 458,284 in 2015

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15 May 2022RentedNew contract
AED 41,000/yr12 months · AED 33 per sqft
25 Mar 2021RentedNew contract
AED 36,000/yr12 months · AED 29 per sqft
25 Jul 2020RentedRenewal
AED 44,000/yr6 months · AED 36 per sqft
25 Jul 2019RentedRenewal
AED 52,000/yr12 months · AED 42 per sqft
25 Jul 2018RentedNew contract
AED 55,000/yr12 months · AED 45 per sqft
5 May 2017RentedRenewal
AED 75,000/yr12 months · AED 61 per sqft
5 May 2016RentedNew contract
AED 75,000/yr12 months · AED 61 per sqft
16 Jun 2015Sold by developerReady
AED 458,284AED 373 per sqft

Source: Dubai Land Department. Updated 15 May 2022.

Key facts

Type
2-bed apartment
Size
1,228 sqft
Floor
9th of 14
Parking
B-62
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,000 /yr
Last sold
AED 458K · June 2015
Building
Mazaya 03

About 905, Mazaya 03

905 is a two-bedroom apartment of 1,228 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 16 June 2015 for AED 458,284, or AED 373 per sqft, 35% below the AED 577 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 15 May 2022, is AED 41,000 a year: a gross yield of 8.9% on the 2015 price, before the service charge of about AED 9,000 a year.

Sales and rents for 905 over time

Sales
Unit 905, 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, June 2015: AED 458,284 (AED 373 per sqft)

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

Rents
Unit 905, each contractTypical two-bed in Mazaya 03
40K60K80K2015201820212024Typical 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, May 2015: AED 75,000 a yearNew contract, May 2016: AED 75,000 a yearRenewal, May 2017: AED 75,000 a yearNew contract, July 2018: AED 55,000 a yearRenewal, July 2019: AED 52,000 a yearRenewal, July 2020: AED 44,000 a yearNew contract, March 2021: AED 36,000 a yearNew contract, May 2022: AED 41,000 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 905 sits

All 58 2-beds →

905 last sold in June 2015 at AED 373 per sqft, 35% below what two-beds in Mazaya 03 were fetching at the time (AED 577). 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 9th floor

All 219 units in Mazaya 03
Value
9012-bedAED 700K · Jan 2017
9021-bedAED 230K · Nov 2015
9031-bedAED 400K · May 2018
9042-bedAED 448K · Jul 2015
9061-bedAED 235K · Jul 2016
9072-bedAED 825K · May 2017
9081-bedAED 487K · Jul 2025
1–7 of 15

905, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 16 June 2015 for AED 458,284, or AED 373 per sqft.
  • Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 36,000 in 2021 and recovered to AED 41,000 by May 2022.
  • At AED 41,000 a year the gross yield on the 2015 price is 8.9%, before a service charge of about AED 9,000 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 May 2022.

Questions about 905, Mazaya 03

What did unit 905 last sell for?

AED 458,284 on 16 June 2015, sold by the developer: AED 373 per sqft for 1,228 sqft. It is the only registered sale of the unit.

What is the rent for unit 905?

AED 41,000 a year on the contract signed on 15 May 2022. The previous contract, from March 2021, was AED 36,000; the unit has been rented since May 2015.

How big is unit 905?

1,228 sqft (114.1 sqm): a two-bedroom apartment on the 9th floor of a 14-storey tower completed in 2014.

What is unit 905 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 905, Mazaya 03

Starts from the last sale price (AED 458K, 16 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 458,284
Deposit, UAE resident (20%)
AED 91,657
Deposit, non-resident (40%)
AED 183,314
Monthly over 25 years at 3.7%
AED 1,875

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