2-bed · 1,108 sqftMazaya 04, Liwan · 3rd floor · completed 2014

303, Mazaya 04

Sold prices and rental history: sold 3 times, last in April 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 20 December 2020
Last soldAED 425K23 April 2015
Current rentAED 44K /yr20 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Mazaya 04

What is 303 worth today?

Last sold for AED 425,000 in 2015

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20 Dec 2020RentedRenewal
AED 44,000/yr12 months · AED 40 per sqft
20 Dec 2019RentedRenewal
AED 46,000/yr12 months · AED 41 per sqft
20 Dec 2018RentedNew contract
AED 48,000/yr12 months · AED 43 per sqft
23 Apr 2015SoldReady
AED 425,000AED 383 per sqft
3 Mar 2015SoldReady
AED 819,547AED 739 per sqft
3 Mar 2009Sold by developerOff-plan
AED 819,547AED 739 per sqft

Source: Dubai Land Department. Updated 20 December 2020.

Key facts

Type
2-bed apartment
Size
1,108 sqft
Floor
3rd of 13
Parking
G-115
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,100 /yr
Last sold
AED 425K · April 2015
Building
Mazaya 04

About 303, Mazaya 04

303 is a two-bedroom apartment of 1,108 sqft on the 3rd floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 23 April 2015 for AED 425,000, or AED 383 per sqft, in line with the AED 388 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 20 December 2020, is AED 44,000 a year: a gross yield of 10.3% on the 2015 price, before the service charge of about AED 6,100 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, March 2009: AED 819,547 (AED 739 per sqft)Sold, March 2015: AED 819,547 (AED 739 per sqft)Sold, April 2015: AED 425,000 (AED 383 per sqft)

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

Rents
Unit 303, 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, December 2018: AED 48,000 a yearRenewal, December 2019: AED 46,000 a yearRenewal, December 2020: AED 44,000 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 303 sits

All 60 2-beds →

303 last sold in April 2015 at AED 383 per sqft, in line with 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 3rd floor

All 216 units in Mazaya 04
Value
3011-bedAED 311K · Jan 2015
3022-bedAED 377K · Jul 2015
3041-bedAED 325K · May 2025
3051-bedAED 350K · May 2025
3061-bedAED 379K · Feb 2015
3071-bedAED 305K · Jun 2020
3081-bedAED 673K · Feb 2015
1–7 of 18

303, Mazaya 04 in numbers

  • Sold 3 times: first on 3 March 2009 for AED 819,547, last on 23 April 2015 for AED 425,000 (AED 383 per sqft).
  • Rented since December 2018 on 3 Ejari contracts, from AED 48,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2015 price is 10.3%, 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 20 December 2020.

Questions about 303, Mazaya 04

What did unit 303 last sell for?

AED 425,000 on 23 April 2015: AED 383 per sqft for 1,108 sqft. The unit has 3 registered sales; the first was AED 819,547 in March 2009.

What is the rent for unit 303?

AED 44,000 a year on the contract renewed on 20 December 2020. The previous contract, from December 2019, was AED 46,000; the unit has been rented since December 2018.

How big is unit 303?

1,108 sqft (102.9 sqm): a two-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2014.

What is unit 303 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 303, Mazaya 04

Starts from the last sale price (AED 425K, 23 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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