2-bed · 1,108 sqftMazaya 04, Liwan · 1st floor · completed 2014

103, Mazaya 04

Sold prices and rental history: sold 3 times, last in April 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 25 October 2020
Last soldAED 415K2 April 2015
Current rentAED 38K /yr25 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Mazaya 04

What is 103 worth today?

Last sold for AED 415,000 in 2015

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25 Oct 2020RentedNew contract
AED 38,000/yr12 months · AED 34 per sqft
15 Sep 2019RentedNew contract
AED 44,000/yr12 months · AED 40 per sqft
21 Nov 2018RentedNew contract
AED 50,000/yr12 months · AED 45 per sqft
12 Nov 2017RentedNew contract
AED 58,856/yr12 months · AED 53 per sqft
2 Apr 2015SoldReady
AED 415,000AED 374 per sqft
6 Jan 2015SoldReady
AED 358,926AED 324 per sqft
25 Apr 2011Sold by developerOff-plan
AED 358,926AED 324 per sqft

Source: Dubai Land Department. Updated 25 October 2020.

Key facts

Type
2-bed apartment
Size
1,108 sqft
Floor
1st of 13
Parking
B-66
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,100 /yr
Last sold
AED 415K · April 2015
Building
Mazaya 04

About 103, Mazaya 04

103 is a two-bedroom apartment of 1,108 sqft on the 1st floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 2 April 2015 for AED 415,000, or AED 374 per sqft, 4% below the AED 388 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 25 October 2020, is AED 38,000 a year: a gross yield of 9.2% on the 2015 price, before the service charge of about AED 6,100 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Mazaya 04
400K600K800K2009201420192024Typical sale price by year: 2009 AED 794,680; 2014 AED 576,631; 2015 AED 529,590; 2016 AED 750,000; 2017 AED 700,000; 2018 AED 725,000; 2020 AED 540,000; 2021 AED 455,000; 2026 AED 585,000Sold by developer, April 2011: AED 358,926 (AED 324 per sqft)Sold, January 2015: AED 358,926 (AED 324 per sqft)Sold, April 2015: AED 415,000 (AED 374 per sqft)

103 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 103, each contractTypical two-bed in Mazaya 04
40K60K80K2014201720202023Typical rent by year: 2014 AED 80,000; 2015 AED 72,000; 2016 AED 71,000; 2017 AED 65,000; 2018 AED 60,000; 2019 AED 48,000; 2020 AED 42,500; 2021 AED 38,000; 2022 AED 40,000New contract, November 2017: AED 58,856 a yearNew contract, November 2018: AED 50,000 a yearNew contract, September 2019: AED 44,000 a yearNew contract, October 2020: AED 38,000 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 04, and where 103 sits

All 60 2-beds →

103 last sold in April 2015 at AED 374 per sqft, 4% below what two-beds in Mazaya 04 were fetching at the time (AED 388). Over the last 12 months two-beds sold for AED 540,645 to 705,052, around AED 506 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 2026620,000
21 Sep 2026540,645
17 Feb 2026705,052
19 Jan 2026550,000
4 2-bed sales in the last 12 months

Mazaya 04

Building

216 apartments, 1-bed to 3-bed over 13 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 23 sold in the last 12 months.

Typical price per sqft
AED 557 Up 1.5%
Typical sale
AED 340K
Typical rent
AED 53K /yr
Typical yield
14.7%
Mazaya 04, Liwan: prices, sales and rents →

Other units on the 1st floor

All 216 units in Mazaya 04
Value
1012-bedAED 354K · Feb 2015
1022-bedAED 395K · Oct 2015
1041-bedAED 399K · Jun 2015
1051-bedAED 702K · Dec 2014
1062-bedAED 530K · Feb 2021
1072-bedAED 1.1M · Dec 2014
1082-bedAED 460K · Aug 2021
1–7 of 12

103, Mazaya 04 in numbers

  • Sold 3 times: first on 25 April 2011 for AED 358,926, last on 2 April 2015 for AED 415,000 (AED 374 per sqft).
  • Rented since November 2017 on 4 Ejari contracts, from AED 58,856 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2015 price is 9.2%, before a service charge of about AED 6,100 a year (AED 5.49 per sqft).
  • Two-beds in Mazaya 04 sold for AED 540,645–705,052 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 25 October 2020.

Questions about 103, Mazaya 04

What did unit 103 last sell for?

AED 415,000 on 2 April 2015: AED 374 per sqft for 1,108 sqft. The unit has 3 registered sales; the first was AED 358,926 in April 2011.

What is the rent for unit 103?

AED 38,000 a year on the contract signed on 25 October 2020. The previous contract, from September 2019, was AED 44,000; the unit has been rented since November 2017.

How big is unit 103?

1,108 sqft (102.9 sqm): a two-bedroom apartment on the 1st floor of a 13-storey tower completed in 2014.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 04 sold for AED 540,645 to 705,052 in the last 12 months, around AED 506 per sqft.

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Mortgage on 103, Mazaya 04

Starts from the last sale price (AED 415K, 2 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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