2-bed · 1,263 sqftMazaya 03, Liwan · 9th floor · completed 2014

909, Mazaya 03

Sold prices and rental history: sold once, by the developer in February 2016, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 909 · DLD and Ejari recordsUpdated 1 May 2020
Last soldAED 478K22 February 2016
Current rentAED 50K /yr1 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 909, Mazaya 03

What is 909 worth today?

Last sold for AED 477,500 in 2016

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1 May 2020RentedRenewal
AED 50,000/yr12 months · AED 40 per sqft
1 May 2019RentedRenewal
AED 57,000/yr12 months · AED 45 per sqft
1 May 2018RentedNew contract
AED 63,000/yr12 months · AED 50 per sqft
22 Feb 2016Sold by developerReady
AED 477,500AED 378 per sqft

Source: Dubai Land Department. Updated 1 May 2020.

Key facts

Type
2-bed apartment
Size
1,263 sqft
Floor
9th of 14
Parking
B-68
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,300 /yr
Last sold
AED 478K · February 2016
Building
Mazaya 03

About 909, Mazaya 03

909 is a two-bedroom apartment of 1,263 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 22 February 2016 for AED 477,500, or AED 378 per sqft, in line with the AED 372 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 May 2020, is AED 50,000 a year: a gross yield of 10.5% on the 2016 price, before the service charge of about AED 9,300 a year.

Sales and rents for 909 over time

Sales
Unit 909, 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, February 2016: AED 477,500 (AED 378 per sqft)

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

Rents
Unit 909, 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 2018: AED 63,000 a yearRenewal, May 2019: AED 57,000 a yearRenewal, May 2020: AED 50,000 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 909 sits

All 58 2-beds →

909 last sold in February 2016 at AED 378 per sqft, in line with what two-beds in Mazaya 03 were fetching at the time (AED 372). 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
9052-bedAED 458K · Jun 2015
9061-bedAED 235K · Jul 2016
9072-bedAED 825K · May 2017
1–7 of 15

909, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 22 February 2016 for AED 477,500, or AED 378 per sqft.
  • Rented since May 2018 on 3 Ejari contracts, from AED 63,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 10.5%, before a service charge of about AED 9,300 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 1 May 2020.

Questions about 909, Mazaya 03

What did unit 909 last sell for?

AED 477,500 on 22 February 2016, sold by the developer: AED 378 per sqft for 1,263 sqft. It is the only registered sale of the unit.

What is the rent for unit 909?

AED 50,000 a year on the contract renewed on 1 May 2020. The previous contract, from May 2019, was AED 57,000; the unit has been rented since May 2018.

How big is unit 909?

1,263 sqft (117.3 sqm): a two-bedroom apartment on the 9th floor of a 14-storey tower completed in 2014.

What is unit 909 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 909, Mazaya 03

Starts from the last sale price (AED 478K, 22 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 477,500
Deposit, UAE resident (20%)
AED 95,500
Deposit, non-resident (40%)
AED 191,000
Monthly over 25 years at 3.7%
AED 1,954

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