1-bed · 771 sqftMazaya 12, Liwan · 6th floor · completed 2014

603, Mazaya 12

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

Unit 603 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 595K27 April 2017
Current rentAED 35K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Mazaya 12

What is 603 worth today?

Last sold for AED 595,000 in 2017

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15 Aug 2024RentedRenewal
AED 35,000/yr12 months · AED 46 per sqft
15 Aug 2023RentedRenewal
AED 30,000/yr12 months · AED 39 per sqft
15 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
8 Oct 2020RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
1 Aug 2019RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
27 Apr 2017SoldReady
AED 595,000AED 771 per sqft
1 Apr 2017RentedNew contract
AED 53,000/yr12 months · AED 68 per sqft
29 Nov 2015Sold by developerReady
AED 303,258AED 393 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
6th of 6
Parking
G-07
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,500 /yr
Last sold
AED 595K · April 2017
Building
Mazaya 12

About 603, Mazaya 12

603 is a one-bedroom apartment of 771 sqft on the 6th floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 27 April 2017 for AED 595,000, or AED 771 per sqft, in line with the AED 761 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 35,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 7,500 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in Mazaya 12
400K600K2009201420192024Typical sale price by year: 2009 AED 587,600; 2014 AED 470,000; 2015 AED 450,000; 2016 AED 550,000; 2017 AED 492,087; 2022 AED 295,970; 2023 AED 381,500; 2024 AED 400,000; 2025 AED 467,500Sold by developer, November 2015: AED 303,258 (AED 393 per sqft)Sold, April 2017: AED 595,000 (AED 771 per sqft)

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

Rents
Unit 603, each contractTypical one-bed in Mazaya 12
40K60K20152018202120242027Typical rent by year: 2015 AED 54,000; 2016 AED 52,000; 2017 AED 49,000; 2018 AED 40,500; 2019 AED 35,000; 2020 AED 28,500; 2021 AED 26,000; 2022 AED 28,000; 2023 AED 32,890; 2024 AED 38,000; 2025 AED 41,250; 2026 AED 45,000New contract, April 2015: AED 55,000 a yearNew contract, April 2017: AED 53,000 a yearNew contract, August 2019: AED 35,000 a yearNew contract, October 2020: AED 30,000 a yearNew contract, August 2022: AED 30,000 a yearRenewal, August 2023: AED 30,000 a yearRenewal, August 2024: AED 35,000 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 12, and where 603 sits

All 60 1-beds →

603 last sold in April 2017 at AED 771 per sqft, in line with what one-beds in Mazaya 12 were fetching at the time (AED 761). Over the last 12 months one-beds sold for AED 515,000 to 600,000, around AED 636 per sqft, and rent for AED 24,000 to 68,000 a year. 603's AED 35,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 May 2026515,000
24 Nov 2025600,000
9 Aug 2025600,000
21 Jul 2025500,000
2 1-bed sales in the last 12 months

Mazaya 12

Building

96 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 712
Typical sale
AED 700K
Typical rent
AED 50K /yr
Typical yield
8.6%
Mazaya 12, Liwan: prices, sales and rents →

Other units on the 6th floor

All 96 units in Mazaya 12
Value
6012-bedAED 800K · Aug 2026
6022-bedAED 792K · Mar 2016
6041-bedAED 485K · Aug 2024
6052-bedAED 594K · Sep 2024
6062-bedAED 780K · Nov 2015
6071-bedAED 410K · May 2015
6081-bedAED 410K · Sep 2017
1–7 of 15

603, Mazaya 12 in numbers

  • Sold twice: first on 29 November 2015 for AED 303,258, last on 27 April 2017 for AED 595,000 (AED 771 per sqft).
  • Rented since April 2015 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2023 and recovered to AED 35,000 by August 2024.
  • At AED 35,000 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 7,500 a year (AED 9.78 per sqft).
  • One-beds in Mazaya 12 sold for AED 515,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 712 per sqft.

Source: Dubai Land Department. Updated 15 August 2024.

Questions about 603, Mazaya 12

What did unit 603 last sell for?

AED 595,000 on 27 April 2017: AED 771 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 303,258 in November 2015.

What is the rent for unit 603?

AED 35,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 30,000; the unit has been rented since April 2015.

How big is unit 603?

771 sqft (71.6 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2014.

What is unit 603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 12 sold for AED 515,000 to 600,000 in the last 12 months, around AED 636 per sqft.

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Mortgage on 603, Mazaya 12

Starts from the last sale price (AED 595K, 27 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 595,000
Deposit, UAE resident (20%)
AED 119,000
Deposit, non-resident (40%)
AED 238,000
Monthly over 25 years at 3.7%
AED 2,434

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