2-bed · 1,183 sqftMazaya 15, Liwan · 2nd floor · completed 2014

203, Mazaya 15

Sold prices and rental history: sold once, by the developer in September 2015, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 418K6 September 2015
Current rentAED 70K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Mazaya 15

What is 203 worth today?

Last sold for AED 418,040 in 2015

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1 Jun 2025RentedRenewal
AED 70,000/yr12 months · AED 59 per sqft
1 Jun 2025RentedRenewal
AED 70,000/yr12 months · AED 59 per sqft
1 Jun 2024RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
6 Sep 2015Sold by developerReady
AED 418,040AED 353 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed apartment
Size
1,183 sqft
Floor
2nd of 10
Parking
G-83
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,400 /yr
Last sold
AED 418K · September 2015
Building
Mazaya 15

About 203, Mazaya 15

203 is a two-bedroom apartment of 1,183 sqft on the 2nd floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 6 September 2015 for AED 418,040, or AED 353 per sqft, 11% below the AED 396 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 70,000 a year: a gross yield of 16.7% on the 2015 price, before the service charge of about AED 11,400 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Mazaya 15
500K1M2009201420192024Typical sale price by year: 2009 AED 815,687; 2015 AED 583,063; 2016 AED 650,158; 2017 AED 1,000,000; 2024 AED 800,000; 2025 AED 870,000Sold by developer, September 2015: AED 418,040 (AED 353 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Mazaya 15
40K60K80K20152018202120242027Typical rent by year: 2015 AED 85,000; 2016 AED 77,500; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 57,000; 2020 AED 45,000; 2021 AED 43,500; 2022 AED 43,000; 2023 AED 51,250; 2024 AED 51,000; 2025 AED 56,990; 2026 AED 69,500New contract, June 2024: AED 70,000 a yearRenewal, June 2025: AED 70,000 a yearRenewal, June 2025: AED 70,000 a year

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

2-beds in Mazaya 15, and where 203 sits

All 26 2-beds →

203 last sold in September 2015 at AED 353 per sqft, 11% below what two-beds in Mazaya 15 were fetching at the time (AED 396). Over the last 12 months two-beds sold for AED 860,000, around AED 743 per sqft, and rent for AED 47,000 to 80,000 a year. 203's AED 70,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Apr 2026860,000
20 Oct 2025860,000
18 Jun 2025870,000
13 May 20251,080,000
1 2-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 2nd floor

All 82 units in Mazaya 15
Value
2011-bedAED 300K · Nov 2020
2021-bedAED 495K · Jun 2026
2041-bedAED 410K · Oct 2023
2051-bedAED 510K · Jul 2017
2061-bedAED 495K · Mar 2024
2071-bedAED 495K · Apr 2009
2081-bedAED 380K · Feb 2023
1–7 of 9

203, Mazaya 15 in numbers

  • Sold once: by Al Mazaya Real Estate on 6 September 2015 for AED 418,040, or AED 353 per sqft.
  • Rented since June 2024 on 3 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2015 price is 16.7%, before a service charge of about AED 11,400 a year (AED 9.65 per sqft).
  • Two-beds in Mazaya 15 sold for AED 860,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 737 per sqft.

Source: Dubai Land Department. Updated 1 June 2025.

Questions about 203, Mazaya 15

What did unit 203 last sell for?

AED 418,040 on 6 September 2015, sold by the developer: AED 353 per sqft for 1,183 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 70,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 70,000; the unit has been rented since June 2024.

How big is unit 203?

1,183 sqft (109.9 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2014.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 15 sold for AED 860,000 to 860,000 in the last 12 months, around AED 743 per sqft.

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Mortgage on 203, Mazaya 15

Starts from the last sale price (AED 418K, 6 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 418,040
Deposit, UAE resident (20%)
AED 83,608
Deposit, non-resident (40%)
AED 167,216
Monthly over 25 years at 3.7%
AED 1,710

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