Studio · 398 sqftMazaya 16, Liwan · 9th floor · completed 2016

903, Mazaya 16

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 25 December 2025
Last soldAED 314K8 September 2016
Current rentAED 33K /yr25 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Mazaya 16

What is 903 worth today?

Last sold for AED 313,741 in 2016

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25 Dec 2025RentedRenewal
AED 33,000/yr12 months · AED 83 per sqft
25 Dec 2024RentedRenewal
AED 31,000/yr12 months · AED 78 per sqft
25 Dec 2023RentedRenewal
AED 27,500/yr12 months · AED 69 per sqft
25 Dec 2022RentedRenewal
AED 24,160/yr12 months · AED 61 per sqft
25 Dec 2021RentedRenewal
AED 23,000/yr12 months · AED 58 per sqft
25 Dec 2020RentedRenewal
AED 24,000/yr12 months · AED 60 per sqft
25 Dec 2019RentedNew contract
AED 25,000/yr12 months · AED 63 per sqft
1 Nov 2018RentedNew contract
AED 32,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 25 December 2025.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
9th of 9
Parking
G-13
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 314K · September 2016
Building
Mazaya 16

About 903, Mazaya 16

903 is a studio of 398 sqft on the 9th 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 8 September 2016 for AED 313,741, or AED 788 per sqft, in line with the AED 783 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 25 December 2025, is AED 33,000 a year: a gross yield of 10.5% on the 2016 price, before the service charge of about AED 5,400 a year.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical studio in Mazaya 16
312K313K314K201620172018Typical sale price by year: 2016 AED 311,743; 2017 AED 313,880Sold by developer, September 2016: AED 313,741 (AED 788 per sqft)

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

Rents
Unit 903, each contractTypical studio in Mazaya 16
30K40K2017202020232026Typical 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, November 2018: AED 32,000 a yearNew contract, December 2019: AED 25,000 a yearRenewal, December 2020: AED 24,000 a yearRenewal, December 2021: AED 23,000 a yearRenewal, December 2022: AED 24,160 a yearRenewal, December 2023: AED 27,500 a yearRenewal, December 2024: AED 31,000 a yearRenewal, December 2025: AED 33,000 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 903 sits

All 18 studios →

903 last sold in September 2016 at AED 788 per sqft, in line with what studios in Mazaya 16 were fetching at the time (AED 783). 903's AED 33,000 is at the bottom 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 9th floor

All 108 units in Mazaya 16
Value
9011-bedAED 520K · Jan 2017
9021-bedAED 535K · Jan 2017
9041-bedAED 526K · Jan 2017
9051-bedAED 411K · Jan 2017
9061-bedAED 415K · Jan 2017
907StudioAED 314K · Jan 2017
9081-bedAED 454K · Jan 2017
1–7 of 11

903, Mazaya 16 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 8 September 2016 for AED 313,741, or AED 788 per sqft.
  • Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 32,000 to AED 23,000 in 2021 and recovered to AED 33,000 by December 2025.
  • At AED 33,000 a year the gross yield on the 2016 price is 10.5%, before a service charge of about AED 5,400 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 25 December 2025.

Questions about 903, Mazaya 16

What did unit 903 last sell for?

AED 313,741 on 8 September 2016, sold by the developer: AED 788 per sqft for 398 sqft. It is the only registered sale of the unit.

What is the rent for unit 903?

AED 33,000 a year on the contract renewed on 25 December 2025. The previous contract, from December 2024, was AED 31,000; the unit has been rented since November 2018.

How big is unit 903?

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

What is unit 903 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 903, Mazaya 16

Starts from the last sale price (AED 314K, 8 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 313,741
Deposit, UAE resident (20%)
AED 62,748
Deposit, non-resident (40%)
AED 125,496
Monthly over 25 years at 3.7%
AED 1,284

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