1-bed · 803 sqftMazaya 14, Liwan · 1st floor · completed 2016

103, Mazaya 14

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 401K15 December 2016
Current rentAED 41K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Mazaya 14

What is 103 worth today?

Last sold for AED 401,445 in 2016

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15 Dec 2024RentedRenewal
AED 41,250/yr12 months · AED 51 per sqft
15 Dec 2024RentedRenewal
AED 41,250/yr12 months · AED 51 per sqft
15 Dec 2023RentedRenewal
AED 37,500/yr12 months · AED 47 per sqft
15 Dec 2022RentedNew contract
AED 34,650/yr12 months · AED 43 per sqft
15 Dec 2020RentedNew contract
AED 32,000/yr12 months · AED 40 per sqft
15 Dec 2018RentedRenewal
AED 48,000/yr12 months · AED 60 per sqft
15 Dec 2017RentedRenewal
AED 52,000/yr12 months · AED 65 per sqft
15 Dec 2016Sold by developerOff-plan
AED 401,445AED 500 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
1st of 11
Parking
G-22
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 10,900 /yr
Last sold
AED 401K · December 2016
Building
Mazaya 14

About 103, Mazaya 14

103 is a one-bedroom apartment of 803 sqft on the 1st floor of Mazaya 14, a 11-storey tower in Liwan completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 15 December 2016 for AED 401,445, or AED 500 per sqft, in line with the AED 500 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 41,250 a year: a gross yield of 10.3% on the 2016 price, before the service charge of about AED 10,900 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical one-bed in Mazaya 14
400K425K450K201620172018Typical sale price by year: 2016 AED 449,235; 2017 AED 449,450Sold by developer, December 2016: AED 401,445 (AED 500 per sqft)

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

Rents
Unit 103, each contractTypical one-bed in Mazaya 14
30K40K50K2016201920222025Typical rent by year: 2016 AED 54,000; 2017 AED 54,000; 2018 AED 50,250; 2019 AED 43,000; 2020 AED 37,000; 2021 AED 32,000; 2022 AED 34,650; 2023 AED 37,250; 2024 AED 42,000; 2025 AED 45,000; 2026 AED 47,000New contract, December 2016: AED 53,000 a yearRenewal, December 2017: AED 52,000 a yearRenewal, December 2018: AED 48,000 a yearNew contract, December 2020: AED 32,000 a yearNew contract, December 2022: AED 34,650 a yearRenewal, December 2023: AED 37,500 a yearRenewal, December 2024: AED 41,250 a yearRenewal, December 2024: AED 41,250 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 14, and where 103 sits

All 77 1-beds →

103 last sold in December 2016 at AED 500 per sqft, in line with what one-beds in Mazaya 14 were fetching at the time (AED 500). 103's AED 41,250 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Jan 2017514,735
16 Jan 2017449,235
15 Jan 2017429,055
15 Jan 2017449,665
0 1-bed sales in the last 12 months

Mazaya 14

Building

121 apartments, studios to 2-bed over 11 floors in Liwan, completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 49K /yr
Typical yield
Mazaya 14, Liwan: prices, sales and rents →

Other units on the 1st floor

All 121 units in Mazaya 14
Value
1011-bedAED 450K · Dec 2016
1021-bedAED 515K · Dec 2016
1041-bedAED 480K · Dec 2016
1051-bedAED 421K · Dec 2016
1061-bedAED 429K · Dec 2016
107StudioAED 259K · Dec 2016
1082-bedAED 642K · Dec 2016
1–7 of 10

103, Mazaya 14 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 15 December 2016 for AED 401,445, or AED 500 per sqft.
  • Rented since December 2016 on 8 Ejari contracts. The rent fell from AED 53,000 to AED 32,000 in 2020 and recovered to AED 41,250 by December 2024.
  • At AED 41,250 a year the gross yield on the 2016 price is 10.3%, before a service charge of about AED 10,900 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 15 December 2024.

Questions about 103, Mazaya 14

What did unit 103 last sell for?

AED 401,445 on 15 December 2016, sold by the developer: AED 500 per sqft for 803 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 41,250 a year on the contract renewed on 15 December 2024. The previous contract, from December 2024, was AED 41,250; the unit has been rented since December 2016.

How big is unit 103?

803 sqft (74.6 sqm): a one-bedroom apartment on the 1st floor of a 11-storey tower completed in 2016.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 103, Mazaya 14

Starts from the last sale price (AED 401K, 15 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 401,445
Deposit, UAE resident (20%)
AED 80,289
Deposit, non-resident (40%)
AED 160,578
Monthly over 25 years at 3.7%
AED 1,642

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