1-bed · 515 sqftMazaya 03, Liwan · 9th floor · completed 2014

916, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 916 · DLD and Ejari recordsUpdated 1 October 2018
Last soldAED 388K5 May 2009
Current rentAED 34K /yr1 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 916, Mazaya 03

What is 916 worth today?

Last sold for AED 387,935 in 2009

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1 Oct 2018RentedNew contract
AED 34,000/yr12 months · AED 66 per sqft
1 Jul 2016RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
5 May 2009Sold by developerOff-plan
AED 387,935AED 753 per sqft

Source: Dubai Land Department. Updated 1 October 2018.

Key facts

Type
1-bed apartment
Size
515 sqft
Floor
9th of 14
Parking
G-35
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,800 /yr
Last sold
AED 388K · May 2009
Building
Mazaya 03

About 916, Mazaya 03

916 is a one-bedroom apartment of 515 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 5 May 2009 for AED 387,935, or AED 753 per sqft, 6% above the AED 710 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 October 2018, is AED 34,000 a year: a gross yield of 8.8% on the 2009 price, before the service charge of about AED 3,800 a year.

Sales and rents for 916 over time

Sales
Unit 916, 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 387,935 (AED 753 per sqft)

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

Rents
Unit 916, 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, July 2016: AED 45,000 a yearNew contract, October 2018: AED 34,000 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 916 sits

All 147 1-beds →

916 last sold in May 2009 at AED 753 per sqft, 6% above what one-beds in Mazaya 03 were fetching at the time (AED 710). 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
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

916, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 5 May 2009 for AED 387,935, or AED 753 per sqft.
  • Rented since July 2016 on 2 Ejari contracts, from AED 45,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2009 price is 8.8%, 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 1 October 2018.

Questions about 916, Mazaya 03

What did unit 916 last sell for?

AED 387,935 on 5 May 2009, sold by the developer: AED 753 per sqft for 515 sqft. It is the only registered sale of the unit.

What is the rent for unit 916?

AED 34,000 a year on the contract signed on 1 October 2018. The previous contract, from July 2016, was AED 45,000.

How big is unit 916?

515 sqft (47.8 sqm): a one-bedroom apartment on the 9th floor of a 14-storey tower completed in 2014.

What is unit 916 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 916, Mazaya 03

Starts from the last sale price (AED 388K, 5 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 387,935
Deposit, UAE resident (20%)
AED 77,587
Deposit, non-resident (40%)
AED 155,174
Monthly over 25 years at 3.7%
AED 1,587

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