303, Mazaya 14
Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 303, Mazaya 14
What is 303 worth today?
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Source: Dubai Land Department. Updated 14 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 804 sqft
- Floor
- 3rd of 11
- Parking
- G-84
- 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 402K · December 2016
- Building
- Mazaya 14
About 303, Mazaya 14
303 is a one-bedroom apartment of 804 sqft on the 3rd 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 22 December 2016 for AED 401,765, 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 2017 on 7 Ejari contracts. The current contract, renewed on 14 July 2024, is AED 48,000 a year: a gross yield of 11.9% on the 2016 price, before the service charge of about AED 10,900 a year.
Sales and rents for 303 over time
303 has sold once; the dashed line is the one-bed median of each year in the building.
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 303 sits
All 77 1-beds →303 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). 303's AED 48,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jan 201717 January 2017 | 1,029 sqft | 514,735 | 500 | ||
| 16 Jan 201716 January 2017 | 898 sqft | 449,235 | 500 | ||
| 15 Jan 201715 January 2017 | 858 sqft | 429,055 | 500 | ||
| 15 Jan 201715 January 2017 | 899 sqft | 449,665 | 500 |
Mazaya 14
Building121 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 48K /yr
- Typical yield
Other units on the 3rd floor
All 121 units in Mazaya 14| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 899 sqft | AED 450KAED 449,665 · Dec 2016December 2016 | 40,500 /yr | |
| 302 | 1-bed | 1,029 sqft | AED 515KAED 514,735 · Dec 2016December 2016 | 55,000 /yr | |
| 304 | 1-bed | 961 sqft | AED 480KAED 480,345 · Dec 2016December 2016 | 45,000 /yr | |
| 305 | 1-bed | 842 sqft | AED 421KAED 421,035 · Dec 2016December 2016 | 58,000 /yr | |
| 306 | 1-bed | 858 sqft | AED 429KAED 429,055 · Dec 2016December 2016 | 41,000 /yr | |
| 307 | Studio | 519 sqft | AED 259KAED 259,305 · Dec 2016December 2016 | 33,000 /yr | |
| 308 | 2-bed | 1,281 sqft | AED 642KAED 641,805 · Dec 2016December 2016 | 50,000 /yr | |
| 309 | 2-bed | 1,328 sqft | AED 665KAED 665,055 · Dec 2016December 2016 | 75,000 /yr | |
| 310 | Studio | 623 sqft | AED 311KAED 311,350 · Dec 2016December 2016 | 43,000 /yr | |
| 311 | 1-bed | 898 sqft | AED 449KAED 449,235 · Dec 2016December 2016 | 53,000 /yr |
303, Mazaya 14 in numbers
- Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 22 December 2016 for AED 401,765, or AED 500 per sqft.
- Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 52,000 to AED 32,000 in 2021 and recovered to AED 48,000 by July 2024.
- At AED 48,000 a year the gross yield on the 2016 price is 11.9%, before a service charge of about AED 10,900 a year (AED 13.60 per sqft).
Source: Dubai Land Department. Updated 14 July 2024.
Questions about 303, Mazaya 14
What did unit 303 last sell for?
AED 401,765 on 22 December 2016, sold by the developer: AED 500 per sqft for 804 sqft. It is the only registered sale of the unit.
What is the rent for unit 303?
AED 48,000 a year on the contract renewed on 14 July 2024. The previous contract, from July 2023, was AED 45,000; the unit has been rented since July 2017.
How big is unit 303?
804 sqft (74.7 sqm): a one-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2016.
What is unit 303 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 303, Mazaya 14
Starts from the last sale price (AED 402K, 22 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 401,765
- Deposit, UAE resident (20%)
- AED 80,353
- Deposit, non-resident (40%)
- AED 160,706
- Monthly over 25 years at 3.7%
- AED 1,644
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →