1-bed · 843 sqftMazaya 26, Liwan · 1st floor · completed 2017

103, Mazaya 26

Sold prices and rental history: sold once, by the developer in October 2017, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 421K17 October 2017
Current rentAED 40K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Mazaya 26

What is 103 worth today?

Last sold for AED 421,357 in 2017

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1 Mar 2023RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
15 Mar 2019RentedRenewal
AED 45,000/yr12 months · AED 53 per sqft
17 Oct 2017Sold by developerOff-plan
AED 421,357AED 500 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
1st of 9
Parking
G-49
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2017
Service charge
AED 9,800 /yr
Last sold
AED 421K · October 2017
Building
Mazaya 26

About 103, Mazaya 26

103 is a one-bedroom apartment of 843 sqft on the 1st floor of Mazaya 26, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 17 October 2017 for AED 421,357, or AED 500 per sqft, in line with the AED 500 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 March 2023, is AED 40,000 a year: a gross yield of 9.5% on the 2017 price, before the service charge of about AED 9,800 a year.

Sales and rents for 103 over time

Rents
Unit 103, each contractTypical one-bed in Mazaya 26
30K40K50K2018202120242027Typical rent by year: 2018 AED 51,000; 2019 AED 44,000; 2020 AED 38,000; 2021 AED 32,000; 2022 AED 34,000; 2023 AED 37,000; 2024 AED 41,500; 2025 AED 44,500; 2026 AED 46,000Renewal, March 2019: AED 45,000 a yearNew contract, March 2023: AED 40,000 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 26, and where 103 sits

All 72 1-beds →

103 last sold in October 2017 at AED 500 per sqft, in line with what one-beds in Mazaya 26 were fetching at the time (AED 500). 103's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
31 Oct 2017454,779
31 Oct 2017407,794
31 Oct 2017411,131
31 Oct 2017475,661
0 1-bed sales in the last 12 months

Mazaya 26

Building

99 apartments, studios to 2-bed over 9 floors in Liwan, completed in 2017 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 48K /yr
Typical yield
Mazaya 26, Liwan: prices, sales and rents →

Other units on the 1st floor

All 99 units in Mazaya 26
Value
1011-bedAED 476K · Oct 2017
1021-bedAED 430K · Oct 2017
104StudioAED 319K · Oct 2017
1051-bedAED 398K · Oct 2017
1061-bedAED 408K · Oct 2017
1071-bedAED 453K · Oct 2017
1081-bedAED 411K · Oct 2017
1–7 of 10

103, Mazaya 26 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 17 October 2017 for AED 421,357, or AED 500 per sqft.
  • Rented since March 2019 on 2 Ejari contracts, from AED 45,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 9.5%, before a service charge of about AED 9,800 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 1 March 2023.

Questions about 103, Mazaya 26

What did unit 103 last sell for?

AED 421,357 on 17 October 2017, sold by the developer: AED 500 per sqft for 843 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 40,000 a year on the contract signed on 1 March 2023. The previous contract, from March 2019, was AED 45,000.

How big is unit 103?

843 sqft (78.3 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower completed in 2017.

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 26

Starts from the last sale price (AED 421K, 17 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 421,357
Deposit, UAE resident (20%)
AED 84,271
Deposit, non-resident (40%)
AED 168,543
Monthly over 25 years at 3.7%
AED 1,724

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