2-bed · 1,107 sqftMazaya 04, Liwan · 11th floor · completed 2014

1103, Mazaya 04

Sold prices and rental history: sold twice, last in December 2014, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 10 April 2021
Last soldAED 417K29 December 2014
Current rentAED 35K /yr10 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Mazaya 04

What is 1103 worth today?

Last sold for AED 416,952 in 2014

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10 Apr 2021RentedNew contract
AED 35,000/yr13 months · AED 32 per sqft
15 Apr 2019RentedNew contract
AED 48,000/yr12 months · AED 43 per sqft
29 Dec 2014SoldReady
AED 416,952AED 376 per sqft
12 Apr 2009Sold by developerOff-plan
AED 833,904AED 753 per sqft

Source: Dubai Land Department. Updated 10 April 2021.

Key facts

Type
2-bed apartment
Size
1,107 sqft
Floor
11th of 13
Parking
G-69
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,100 /yr
Last sold
AED 417K · December 2014
Building
Mazaya 04

About 1103, Mazaya 04

1103 is a two-bedroom apartment of 1,107 sqft on the 11th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 29 December 2014 for AED 416,952, or AED 376 per sqft, 24% below the AED 492 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 10 April 2021, is AED 35,000 a year: a gross yield of 8.4% on the 2014 price, before the service charge of about AED 6,100 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, 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 2009: AED 833,904 (AED 753 per sqft)Sold, December 2014: AED 416,952 (AED 376 per sqft)

1103 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1103, each contractTypical two-bed in Mazaya 04
50K75K2014201720202023Typical 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, April 2019: AED 48,000 a yearNew contract, April 2021: AED 35,000 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 1103 sits

All 60 2-beds →

1103 last sold in December 2014 at AED 376 per sqft, 24% below what two-beds in Mazaya 04 were fetching at the time (AED 492). 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 11th floor

All 216 units in Mazaya 04
Value
11011-bedAED 619K · Mar 2015
11022-bedAED 380K · Jan 2015
11041-bedAED 391K · Dec 2014
11051-bedAED 391K · Dec 2014
11061-bedAED 610K · Mar 2016
11071-bedAED 318K · Jan 2026
11081-bedAED 450K · Jun 2026
1–7 of 16

1103, Mazaya 04 in numbers

  • Sold twice: first on 12 April 2009 for AED 833,904, last on 29 December 2014 for AED 416,952 (AED 376 per sqft).
  • Rented since April 2019 on 2 Ejari contracts, from AED 48,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2014 price is 8.4%, 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 10 April 2021.

Questions about 1103, Mazaya 04

What did unit 1103 last sell for?

AED 416,952 on 29 December 2014: AED 376 per sqft for 1,107 sqft. The unit has 2 registered sales; the first was AED 833,904 in April 2009.

What is the rent for unit 1103?

AED 35,000 a year on the contract signed on 10 April 2021. The previous contract, from April 2019, was AED 48,000.

How big is unit 1103?

1,107 sqft (102.8 sqm): a two-bedroom apartment on the 11th floor of a 13-storey tower completed in 2014.

What is unit 1103 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 1103, Mazaya 04

Starts from the last sale price (AED 417K, 29 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 416,952
Deposit, UAE resident (20%)
AED 83,390
Deposit, non-resident (40%)
AED 166,781
Monthly over 25 years at 3.7%
AED 1,706

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