1-bed · 576 sqftMazaya 23, Liwan · 1st floor · completed 2013

103, Mazaya 23

Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 150K22 October 2014
Current rentAED 33K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Mazaya 23

What is 103 worth today?

Last sold for AED 150,000 in 2014

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1 May 2025RentedRenewal
AED 33,000/yr12 months · AED 57 per sqft
1 May 2024RentedRenewal
AED 33,000/yr12 months · AED 57 per sqft
1 May 2023RentedNew contract
AED 30,000/yr12 months · AED 52 per sqft
1 May 2022RentedRenewal
AED 25,000/yr12 months · AED 43 per sqft
1 Apr 2021RentedNew contract
AED 24,000/yr13 months · AED 41 per sqft
1 Mar 2020RentedRenewal
AED 32,000/yr12 months · AED 55 per sqft
1 Mar 2019RentedNew contract
AED 32,000/yr12 months · AED 55 per sqft
13 Feb 2018RentedNew contract
AED 39,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
576 sqft
Floor
1st of 6
Parking
G-25
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 7,100 /yr
Last sold
AED 150K · October 2014
Building
Mazaya 23

About 103, Mazaya 23

103 is a one-bedroom apartment of 576 sqft on the 1st floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 22 October 2014 for AED 150,000, or AED 260 per sqft, 62% below the AED 686 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 33,000 a year: a gross yield of 22.0% on the 2014 price, before the service charge of about AED 7,100 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical one-bed in Mazaya 23
250K500K2009201420192024Typical sale price by year: 2009 AED 425,899; 2014 AED 425,899; 2015 AED 540,000; 2016 AED 523,500; 2017 AED 610,000; 2018 AED 400,000; 2024 AED 410,000; 2025 AED 540,000; 2026 AED 572,500Sold by developer, March 2009: AED 356,850 (AED 619 per sqft)Sold, October 2014: AED 150,000 (AED 260 per sqft)

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

Rents
Unit 103, each contractTypical one-bed in Mazaya 23
20K40K2014201820222026Typical rent by year: 2014 AED 45,000; 2015 AED 48,000; 2016 AED 46,000; 2017 AED 45,000; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 27,250; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 32,200; 2024 AED 40,000; 2025 AED 45,575; 2026 AED 48,000New contract, February 2018: AED 39,000 a yearNew contract, March 2019: AED 32,000 a yearRenewal, March 2020: AED 32,000 a yearNew contract, April 2021: AED 24,000 a yearRenewal, May 2022: AED 25,000 a yearNew contract, May 2023: AED 30,000 a yearRenewal, May 2024: AED 33,000 a yearRenewal, May 2025: AED 33,000 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 23, and where 103 sits

All 37 1-beds →

103 last sold in October 2014 at AED 260 per sqft, 62% below what one-beds in Mazaya 23 were fetching at the time (AED 686). Over the last 12 months one-beds sold for AED 510,000 to 650,000, around AED 846 per sqft, and rent for AED 38,325 to 60,000 a year. 103's AED 33,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026510,000
5 Aug 2026650,000
26 Feb 2026525,000
19 Feb 2026620,000
5 1-bed sales in the last 12 months

Mazaya 23

Building

55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 6 sold in the last 12 months.

Typical price per sqft
AED 809
Typical sale
AED 585K
Typical rent
AED 50K /yr
Typical yield
8.8%
Mazaya 23, Liwan: prices, sales and rents →

Other units on the 1st floor

All 55 units in Mazaya 23
Value
1011-bedAED 275K · Mar 2022
1022-bedAED 500K · Mar 2024
1041-bedAED 643K · Aug 2015
1052-bedAED 460K · Mar 2020
1061-bedAED 419K · Oct 2014
1071-bedAED 419K · Feb 2009
1082-bedAED 790K · Jun 2025
1–7 of 11

103, Mazaya 23 in numbers

  • Sold twice: first on 2 March 2009 for AED 356,850, last on 22 October 2014 for AED 150,000 (AED 260 per sqft).
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 39,000 to AED 24,000 in 2021 and recovered to AED 33,000 by May 2025.
  • At AED 33,000 a year the gross yield on the 2014 price is 22.0%, before a service charge of about AED 7,100 a year (AED 12.38 per sqft).
  • One-beds in Mazaya 23 sold for AED 510,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 809 per sqft.

Source: Dubai Land Department. Updated 1 May 2025.

Questions about 103, Mazaya 23

What did unit 103 last sell for?

AED 150,000 on 22 October 2014: AED 260 per sqft for 576 sqft. The unit has 2 registered sales; the first was AED 356,850 in March 2009.

What is the rent for unit 103?

AED 33,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 33,000; the unit has been rented since February 2018.

How big is unit 103?

576 sqft (53.5 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2013.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 23 sold for AED 510,000 to 650,000 in the last 12 months, around AED 846 per sqft.

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Mortgage on 103, Mazaya 23

Starts from the last sale price (AED 150K, 22 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 150,000
Deposit, UAE resident (20%)
AED 30,000
Deposit, non-resident (40%)
AED 60,000
Monthly over 25 years at 3.7%
AED 614

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