3-bed · 1,854 sqftMazaya 15, Liwan · 9th floor · completed 2014

902, Mazaya 15

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

Unit 902 · DLD and Ejari recordsUpdated 29 November 2015
Last soldAED 672K29 November 2015
Current rentAED 110K /yr1 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Mazaya 15

What is 902 worth today?

Last sold for AED 672,228 in 2015

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29 Nov 2015Sold by developerReady
AED 672,228AED 362 per sqft
1 Aug 2015RentedNew contract
AED 110,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 29 November 2015.

Key facts

Type
3-bed apartment
Size
1,854 sqft
Floor
9th of 10
Parking
G-75
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 17,900 /yr
Last sold
AED 672K · November 2015
Building
Mazaya 15

About 902, Mazaya 15

902 is a three-bedroom apartment of 1,854 sqft on the 9th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 29 November 2015 for AED 672,228, or AED 362 per sqft, in line with the AED 362 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2015. The current contract, signed on 1 August 2015, is AED 110,000 a year: a gross yield of 16.4% on the 2015 price, before the service charge of about AED 17,900 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical three-bed in Mazaya 15
750K1M2015201820212024Typical sale price by year: 2015 AED 682,050; 2024 AED 1,150,000Sold by developer, November 2015: AED 672,228 (AED 362 per sqft)

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

Rents
Unit 902, each contractTypical three-bed in Mazaya 15
75K100K2015201820212024Typical rent by year: 2015 AED 107,500; 2020 AED 64,000; 2022 AED 66,000; 2023 AED 82,500New contract, August 2015: AED 110,000 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 902 sits

All 8 3-beds →

902 last sold in November 2015 at AED 362 per sqft, in line with what three-beds in Mazaya 15 were fetching at the time (AED 362). 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 9th floor

All 82 units in Mazaya 15
Value
9011-bedAED 628K · Nov 2015
9032-bedAED 1.15M · Dec 2015
9041-bedAED 320K · May 2023
9052-bedAED 576K · Jan 2016
9063-bedAED 1.23M · Dec 2024

902, Mazaya 15 in numbers

  • Sold once: by Al Mazaya Real Estate on 29 November 2015 for AED 672,228, or AED 362 per sqft.
  • Rented since August 2015 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2015 price is 16.4%, 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 29 November 2015.

Questions about 902, Mazaya 15

What did unit 902 last sell for?

AED 672,228 on 29 November 2015, sold by the developer: AED 362 per sqft for 1,854 sqft. It is the only registered sale of the unit.

What is the rent for unit 902?

AED 110,000 a year on the contract signed on 1 August 2015.

How big is unit 902?

1,854 sqft (172.2 sqm): a three-bedroom apartment on the 9th floor of a 10-storey tower completed in 2014.

What is unit 902 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 902, Mazaya 15

Starts from the last sale price (AED 672K, 29 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 672,228
Deposit, UAE resident (20%)
AED 134,446
Deposit, non-resident (40%)
AED 268,891
Monthly over 25 years at 3.7%
AED 2,750

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