3-bed · 1,854 sqftMazaya 15, Liwan · 10th floor · completed 2014

1002, Mazaya 15

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 1.05M27 June 2024
Current rentAED 80K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Mazaya 15

What is 1002 worth today?

Last sold for AED 1,050,000 in 2024

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27 Jun 2024SoldReady
AED 1,050,000AED 566 per sqft
15 Feb 2023RentedNew contract
AED 80,000/yr12 months · AED 43 per sqft
18 Mar 2022RentedNew contract
AED 58,000/yr12 months · AED 31 per sqft
10 Jan 2021RentedNew contract
AED 57,000/yr12 months · AED 31 per sqft
10 Apr 2020RentedNew contract
AED 64,000/yr12 months · AED 35 per sqft
1 Nov 2019RentedNew contract
AED 70,000/yr12 months · AED 38 per sqft
20 Aug 2018RentedRenewal
AED 90,000/yr12 months · AED 49 per sqft
20 Aug 2017RentedNew contract
AED 90,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
3-bed apartment
Size
1,854 sqft
Floor
10th of 10
Parking
G-58,G-59
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 17,900 /yr
Last sold
AED 1.05M · June 2024
Building
Mazaya 15

About 1002, Mazaya 15

1002 is a three-bedroom apartment of 1,854 sqft on the 10th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 27 June 2024 for AED 1,050,000, or AED 566 per sqft.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 15 February 2023, is AED 80,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 17,900 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in Mazaya 15
750K1M2015201820212024Typical sale price by year: 2015 AED 682,050; 2024 AED 1,150,000Sold by developer, September 2015: AED 727,632 (AED 392 per sqft)Sold, June 2024: AED 1,050,000 (AED 566 per sqft)

1002 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in Mazaya 15
50K75K100K2015201820212024Typical rent by year: 2015 AED 107,500; 2020 AED 64,000; 2022 AED 66,000; 2023 AED 82,500New contract, August 2015: AED 105,000 a yearNew contract, August 2016: AED 105,000 a yearNew contract, August 2017: AED 90,000 a yearRenewal, August 2018: AED 90,000 a yearNew contract, November 2019: AED 70,000 a yearNew contract, April 2020: AED 64,000 a yearNew contract, January 2021: AED 57,000 a yearNew contract, March 2022: AED 58,000 a yearNew contract, February 2023: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Mazaya 15, and where 1002 sits

All 8 3-beds →

Over the last 12 months three-beds sold for AED 1,380,000, around AED 733 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Mar 20261,380,000
28 Aug 20251,430,000
26 Dec 20241,225,000
9 Aug 20241,150,000
1 3-bed sale in the last 12 months

Mazaya 15

Building

82 apartments, 1-bed to 3-bed over 10 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 6 sold in the last 12 months.

Typical price per sqft
AED 737
Typical sale
AED 638K
Typical rent
AED 52K /yr
Typical yield
8.8%
Mazaya 15, Liwan: prices, sales and rents →

Other units on the 10th floor

All 82 units in Mazaya 15
Value
10011-bedAED 550K · Jun 2016
10032-bedAED 989K · Sep 2015
10041-bedAED 564K · Jun 2016
10052-bedAED 992K · Jul 2015
10063-bedAED 1.38M · Mar 2026

1002, Mazaya 15 in numbers

  • Sold twice: first on 6 September 2015 for AED 727,632, last on 27 June 2024 for AED 1,050,000 (AED 566 per sqft).
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 57,000 in 2021 and recovered to AED 80,000 by February 2023.
  • At AED 80,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 17,900 a year (AED 9.65 per sqft).
  • Three-beds in Mazaya 15 sold for AED 1,380,000–1,380,000 in the 12 months to November 2026; the building's median across all types is AED 737 per sqft.

Source: Dubai Land Department. Updated 27 June 2024.

Questions about 1002, Mazaya 15

What did unit 1002 last sell for?

AED 1,050,000 on 27 June 2024: AED 566 per sqft for 1,854 sqft. The unit has 2 registered sales; the first was AED 727,632 in September 2015.

What is the rent for unit 1002?

AED 80,000 a year on the contract signed on 15 February 2023. The previous contract, from March 2022, was AED 58,000; the unit has been rented since August 2015.

How big is unit 1002?

1,854 sqft (172.2 sqm): a three-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 15 sold for AED 1,380,000 to 1,380,000 in the last 12 months, around AED 733 per sqft.

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Mortgage on 1002, Mazaya 15

Starts from the last sale price (AED 1.05M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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