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

203, Mazaya 04

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

Unit 203 · DLD and Ejari recordsUpdated 18 June 2020
Last soldAED 700K27 September 2017
Current rentAED 40K /yr18 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Mazaya 04

What is 203 worth today?

Last sold for AED 700,000 in 2017

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18 Jun 2020RentedNew contract
AED 40,000/yr13 months · AED 36 per sqft
20 Nov 2018RentedNew contract
AED 53,000/yr12 months · AED 48 per sqft
15 Oct 2017RentedNew contract
AED 62,000/yr12 months · AED 56 per sqft
27 Sep 2017SoldReady
AED 700,000AED 631 per sqft
10 Jun 2015RentedNew contract
AED 70,000/yr12 months · AED 63 per sqft
22 Dec 2014SoldReady
AED 827,922AED 747 per sqft
25 Feb 2009Sold by developerOff-plan
AED 827,922AED 747 per sqft

Source: Dubai Land Department. Updated 18 June 2020.

Key facts

Type
2-bed apartment
Size
1,108 sqft
Floor
2nd of 13
Parking
G-116
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,100 /yr
Last sold
AED 700K · September 2017
Building
Mazaya 04

About 203, Mazaya 04

203 is a two-bedroom apartment of 1,108 sqft on the 2nd floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 27 September 2017 for AED 700,000, or AED 631 per sqft, 5% below the AED 662 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 18 June 2020, is AED 40,000 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 6,100 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, February 2009: AED 827,922 (AED 747 per sqft)Sold, December 2014: AED 827,922 (AED 747 per sqft)Sold, September 2017: AED 700,000 (AED 631 per sqft)

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

Rents
Unit 203, 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, June 2015: AED 70,000 a yearNew contract, October 2017: AED 62,000 a yearNew contract, November 2018: AED 53,000 a yearNew contract, June 2020: AED 40,000 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 203 sits

All 60 2-beds →

203 last sold in September 2017 at AED 631 per sqft, 5% below what two-beds in Mazaya 04 were fetching at the time (AED 662). 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 2nd floor

All 216 units in Mazaya 04
Value
2011-bedAED 414K · Dec 2025
2022-bedAED 377K · Jan 2015
2041-bedAED 340K · Apr 2026
2051-bedAED 388K · Apr 2009
2061-bedAED 379K · Dec 2014
2071-bedAED 305K · Sep 2026
2081-bedNo registered sale
1–7 of 18

203, Mazaya 04 in numbers

  • Sold 3 times: first on 25 February 2009 for AED 827,922, last on 27 September 2017 for AED 700,000 (AED 631 per sqft).
  • Rented since June 2015 on 4 Ejari contracts, from AED 70,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 5.7%, 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 18 June 2020.

Questions about 203, Mazaya 04

What did unit 203 last sell for?

AED 700,000 on 27 September 2017: AED 631 per sqft for 1,108 sqft. The unit has 3 registered sales; the first was AED 827,922 in February 2009.

What is the rent for unit 203?

AED 40,000 a year on the contract signed on 18 June 2020. The previous contract, from November 2018, was AED 53,000; the unit has been rented since June 2015.

How big is unit 203?

1,108 sqft (102.9 sqm): a two-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2014.

What is unit 203 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 203, Mazaya 04

Starts from the last sale price (AED 700K, 27 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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