1-bed · 667 sqftMazaya 09, Liwan · 3rd floor · completed 2012

303, Mazaya 09

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously 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 5 September 2023
Last soldAED 473K14 June 2015
Current rentAED 32K /yr5 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Mazaya 09

What is 303 worth today?

Last sold for AED 473,000 in 2015

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5 Sep 2023RentedRenewal
AED 32,200/yr12 months · AED 48 per sqft
5 Sep 2022RentedRenewal
AED 28,000/yr12 months · AED 42 per sqft
5 Sep 2021RentedRenewal
AED 26,000/yr12 months · AED 39 per sqft
5 Sep 2020RentedRenewal
AED 26,000/yr12 months · AED 39 per sqft
5 Sep 2019RentedRenewal
AED 33,000/yr12 months · AED 50 per sqft
5 Sep 2018RentedNew contract
AED 41,000/yr12 months · AED 62 per sqft
14 Jun 2015Sold by developerOff-plan
AED 473,000AED 709 per sqft

Source: Dubai Land Department. Updated 5 September 2023.

Key facts

Type
1-bed apartment
Size
667 sqft
Floor
3rd of 9
Parking
G-20
Developer
Al Mazaya Holding Company
Completed
2012
Service charge
AED 7,400 /yr
Last sold
AED 473K · June 2015
Building
Mazaya 09

About 303, Mazaya 09

303 is a one-bedroom apartment of 667 sqft on the 3rd floor of Mazaya 09, a 9-storey tower in Liwan completed in 2012 by Al Mazaya Holding Company. The developer sold it on 14 June 2015 for AED 473,000, or AED 709 per sqft, in line with the AED 718 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 5 September 2023, is AED 32,200 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 7,400 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Mazaya 09
400K600K2014201820222026Typical sale price by year: 2014 AED 550,000; 2015 AED 512,422; 2016 AED 536,093; 2017 AED 621,126; 2018 AED 580,459; 2022 AED 350,000; 2023 AED 400,000; 2025 AED 575,000; 2026 AED 560,000Sold by developer, June 2015: AED 473,000 (AED 709 per sqft)

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

Rents
Unit 303, each contractTypical one-bed in Mazaya 09
40K2017202020232026Typical rent by year: 2017 AED 46,000; 2018 AED 45,000; 2019 AED 34,000; 2020 AED 30,000; 2021 AED 27,050; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 39,000; 2025 AED 43,890; 2026 AED 50,000New contract, September 2018: AED 41,000 a yearRenewal, September 2019: AED 33,000 a yearRenewal, September 2020: AED 26,000 a yearRenewal, September 2021: AED 26,000 a yearRenewal, September 2022: AED 28,000 a yearRenewal, September 2023: AED 32,200 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 09, and where 303 sits

All 45 1-beds →

303 last sold in June 2015 at AED 709 per sqft, in line with what one-beds in Mazaya 09 were fetching at the time (AED 718). Over the last 12 months one-beds sold for AED 510,000 to 620,000, around AED 744 per sqft, and rent for AED 34,650 to 95,000 a year. 303's AED 32,200 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 2026560,000
12 Oct 2026510,000
4 Sep 2026620,000
7 May 2026550,000
6 1-bed sales in the last 12 months

Mazaya 09

Building

72 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2012 by Al Mazaya Holding Company. 8 sold in the last 12 months.

Typical price per sqft
AED 726
Typical sale
AED 585K
Typical rent
AED 50K /yr
Typical yield
8.3%
Mazaya 09, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 72 units in Mazaya 09
Value
3012-bedAED 480K · May 2021
3021-bedAED 502K · Jun 2015
3042-bedAED 715K · May 2019
3051-bedAED 560K · Nov 2026
3061-bedAED 613K · Nov 2014
3073-bedAED 1.15M · Jun 2015
3081-bedAED 550K · Nov 2014

303, Mazaya 09 in numbers

  • Sold once: by Al Mazaya Holding Company on 14 June 2015 for AED 473,000, or AED 709 per sqft.
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 41,000 to AED 26,000 in 2021 and recovered to AED 32,200 by September 2023.
  • At AED 32,200 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 7,400 a year (AED 11.06 per sqft).
  • One-beds in Mazaya 09 sold for AED 510,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 726 per sqft.

Source: Dubai Land Department. Updated 5 September 2023.

Questions about 303, Mazaya 09

What did unit 303 last sell for?

AED 473,000 on 14 June 2015, sold by the developer: AED 709 per sqft for 667 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 32,200 a year on the contract renewed on 5 September 2023. The previous contract, from September 2022, was AED 28,000; the unit has been rented since September 2018.

How big is unit 303?

667 sqft (62.0 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2012.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 09 sold for AED 510,000 to 620,000 in the last 12 months, around AED 744 per sqft.

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Mortgage on 303, Mazaya 09

Starts from the last sale price (AED 473K, 14 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 473,000
Deposit, UAE resident (20%)
AED 94,600
Deposit, non-resident (40%)
AED 189,200
Monthly over 25 years at 3.7%
AED 1,935

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