Studio · 398 sqftMazaya 16, Liwan · 1st floor · completed 2016

103, Mazaya 16

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 200K15 January 2017
Current rentAED 39K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Mazaya 16

What is 103 worth today?

Last sold for AED 199,835 in 2017

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15 Sep 2026RentedRenewal
AED 39,000/yr12 months · AED 98 per sqft
15 Sep 2025RentedNew contract
AED 39,000/yr12 months · AED 98 per sqft
1 Feb 2022RentedRenewal
AED 20,000/yr12 months · AED 50 per sqft
1 Feb 2021RentedNew contract
AED 20,000/yr12 months · AED 50 per sqft
8 Jan 2020RentedNew contract
AED 24,000/yr12 months · AED 60 per sqft
15 Jan 2017Sold by developerOff-plan
AED 199,835AED 502 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
1st of 9
Parking
G-20
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 5,400 /yr
Last sold
AED 200K · January 2017
Building
Mazaya 16

About 103, Mazaya 16

103 is a studio of 398 sqft on the 1st floor of Mazaya 16, a 9-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 15 January 2017 for AED 199,835, or AED 502 per sqft, 35% below the AED 778 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 39,000 a year: a gross yield of 19.5% on the 2017 price, before the service charge of about AED 5,400 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical studio in Mazaya 16
200K300K201620172018Typical sale price by year: 2016 AED 311,743; 2017 AED 313,880Sold by developer, January 2017: AED 199,835 (AED 502 per sqft)

103 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 103, each contractTypical studio in Mazaya 16
20K30K40K2017202020232026Typical rent by year: 2017 AED 38,000; 2018 AED 38,000; 2019 AED 27,500; 2020 AED 25,500; 2021 AED 23,000; 2022 AED 24,160; 2023 AED 29,334; 2024 AED 32,000; 2025 AED 33,500; 2026 AED 37,000New contract, January 2020: AED 24,000 a yearNew contract, February 2021: AED 20,000 a yearRenewal, February 2022: AED 20,000 a yearNew contract, September 2025: AED 39,000 a yearRenewal, September 2026: AED 39,000 a year

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

Studios in Mazaya 16, and where 103 sits

All 18 studios →

103 last sold in January 2017 at AED 502 per sqft, 35% below what studios in Mazaya 16 were fetching at the time (AED 778). 103's AED 39,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Jan 2017313,880
16 Jan 2017313,880
16 Jan 2017313,880
16 Jan 2017313,880
0 studio sales in the last 12 months

Mazaya 16

Building

108 apartments, studios to 2-bed over 9 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 47K /yr
Typical yield
Mazaya 16, Liwan: prices, sales and rents →

Other units on the 1st floor

All 108 units in Mazaya 16
Value
1011-bedAED 780K · Sep 2016
1021-bedAED 535K · Dec 2016
1041-bedAED 526K · Jan 2017
1051-bedAED 625K · Sep 2016
1061-bedAED 712K · Sep 2016
107StudioAED 371K · Jan 2017
1081-bedAED 575K · Sep 2016
1–7 of 11

103, Mazaya 16 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 15 January 2017 for AED 199,835, or AED 502 per sqft.
  • Rented since January 2020 on 5 Ejari contracts. The rent fell from AED 24,000 to AED 20,000 in 2022 and recovered to AED 39,000 by September 2026.
  • At AED 39,000 a year the gross yield on the 2017 price is 19.5%, before a service charge of about AED 5,400 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 15 September 2026.

Questions about 103, Mazaya 16

What did unit 103 last sell for?

AED 199,835 on 15 January 2017, sold by the developer: AED 502 per sqft for 398 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 39,000 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 39,000; the unit has been rented since January 2020.

How big is unit 103?

398 sqft (37.0 sqm): a studio on the 1st floor of a 9-storey tower completed in 2016.

What is unit 103 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 103, Mazaya 16

Starts from the last sale price (AED 200K, 15 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 199,835
Deposit, UAE resident (20%)
AED 39,967
Deposit, non-resident (40%)
AED 79,934
Monthly over 25 years at 3.7%
AED 818

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