1-bed · 1,192 sqftMazaya 15, Liwan · 6th floor · completed 2014

603, Mazaya 15

Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 1 September 2020
Last soldAED 643K18 February 2018
Current rentAED 38K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Mazaya 15

What is 603 worth today?

Last sold for AED 643,000 in 2018

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1 Sep 2020RentedNew contract
AED 38,000/yr12 months · AED 32 per sqft
1 Aug 2018RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft
18 Feb 2018Sold by developerReady
AED 643,000AED 539 per sqft

Source: Dubai Land Department. Updated 1 September 2020.

Key facts

Type
1-bed apartment
Size
1,192 sqft
Floor
6th of 10
Parking
G-62
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,500 /yr
Last sold
AED 643K · February 2018
Building
Mazaya 15

About 603, Mazaya 15

603 is a one-bedroom apartment of 1,192 sqft on the 6th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 18 February 2018 for AED 643,000, or AED 539 per sqft, 14% below the AED 627 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 September 2020, is AED 38,000 a year: a gross yield of 5.9% on the 2018 price, before the service charge of about AED 11,500 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in Mazaya 15
400K600K2009201420192024Typical sale price by year: 2009 AED 531,221; 2013 AED 374,500; 2015 AED 332,286; 2016 AED 564,292; 2017 AED 530,000; 2018 AED 565,000; 2022 AED 317,500; 2023 AED 387,000; 2024 AED 442,500; 2025 AED 537,500; 2026 AED 585,000Sold by developer, February 2018: AED 643,000 (AED 539 per sqft)

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

Rents
Unit 603, each contractTypical one-bed in Mazaya 15
40K20152018202120242027Typical rent by year: 2015 AED 53,000; 2016 AED 51,500; 2017 AED 46,000; 2018 AED 41,500; 2019 AED 35,000; 2020 AED 29,918; 2021 AED 25,600; 2022 AED 28,875; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 46,000; 2026 AED 50,000New contract, August 2018: AED 50,000 a yearNew contract, September 2020: AED 38,000 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 15, and where 603 sits

All 48 1-beds →

603 last sold in February 2018 at AED 539 per sqft, 14% below what one-beds in Mazaya 15 were fetching at the time (AED 627). Over the last 12 months one-beds sold for AED 495,000 to 655,979, around AED 730 per sqft, and rent for AED 38,808 to 56,000 a year. 603's AED 38,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 2026620,000
8 Jun 2026495,000
15 Apr 2026550,000
6 Jan 2026655,979
4 1-bed sales 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 6th floor

All 82 units in Mazaya 15
Value
6012-bedAED 860K · Apr 2024
6021-bedAED 440K · Apr 2018
6042-bedAED 1M · Aug 2017
6052-bedAED 1.08M · May 2025
6061-bedAED 617K · May 2009
6072-bedAED 870K · Jun 2025

603, Mazaya 15 in numbers

  • Sold once: by Al Mazaya Real Estate on 18 February 2018 for AED 643,000, or AED 539 per sqft.
  • Rented since August 2018 on 2 Ejari contracts, from AED 50,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2018 price is 5.9%, before a service charge of about AED 11,500 a year (AED 9.65 per sqft).
  • One-beds in Mazaya 15 sold for AED 495,000–655,979 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 September 2020.

Questions about 603, Mazaya 15

What did unit 603 last sell for?

AED 643,000 on 18 February 2018, sold by the developer: AED 539 per sqft for 1,192 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 38,000 a year on the contract signed on 1 September 2020. The previous contract, from August 2018, was AED 50,000.

How big is unit 603?

1,192 sqft (110.7 sqm): a one-bedroom apartment on the 6th floor of a 10-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 15 sold for AED 495,000 to 655,979 in the last 12 months, around AED 730 per sqft.

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Mortgage on 603, Mazaya 15

Starts from the last sale price (AED 643K, 18 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 643,000
Deposit, UAE resident (20%)
AED 128,600
Deposit, non-resident (40%)
AED 257,200
Monthly over 25 years at 3.7%
AED 2,631

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