1-bed · 843 sqftMazaya 26, Liwan · 9th floor · completed 2017

903, Mazaya 26

Sold prices and rental history: sold once, by the developer in October 2017, 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 5 February 2024
Last soldAED 421K31 October 2017
Current rentAED 39K /yr5 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Mazaya 26

What is 903 worth today?

Last sold for AED 421,357 in 2017

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5 Feb 2024RentedNew contract
AED 39,000/yr12 months · AED 46 per sqft
5 Feb 2022RentedRenewal
AED 34,000/yr12 months · AED 40 per sqft
5 Feb 2021RentedRenewal
AED 34,000/yr12 months · AED 40 per sqft
5 Feb 2020RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
5 Mar 2018RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
31 Oct 2017Sold by developerOff-plan
AED 421,357AED 500 per sqft

Source: Dubai Land Department. Updated 5 February 2024.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
9th of 9
Parking
G-06
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 903, Mazaya 26

903 is a one-bedroom apartment of 843 sqft on the 9th 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 31 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 continuously since 2018 on 5 Ejari contracts. The current contract, signed on 5 February 2024, is AED 39,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 9,800 a year.

Sales and rents for 903 over time

Rents
Unit 903, 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 46,000New contract, March 2018: AED 50,000 a yearNew contract, February 2020: AED 40,000 a yearRenewal, February 2021: AED 34,000 a yearRenewal, February 2022: AED 34,000 a yearNew contract, February 2024: AED 39,000 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 903 sits

All 72 1-beds →

903 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). 903's AED 39,000 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 9th floor

All 99 units in Mazaya 26
Value
9011-bedAED 476K · Oct 2017
9021-bedAED 430K · Oct 2017
904StudioAED 319K · Oct 2017
9051-bedAED 398K · Oct 2017
9061-bedAED 408K · Oct 2017
9071-bedAED 455K · Oct 2017
9081-bedAED 411K · Oct 2017
1–7 of 10

903, Mazaya 26 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 31 October 2017 for AED 421,357, or AED 500 per sqft.
  • Rented since March 2018 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 34,000 in 2022 and recovered to AED 39,000 by February 2024.
  • At AED 39,000 a year the gross yield on the 2017 price is 9.3%, before a service charge of about AED 9,800 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 5 February 2024.

Questions about 903, Mazaya 26

What did unit 903 last sell for?

AED 421,357 on 31 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 903?

AED 39,000 a year on the contract signed on 5 February 2024. The previous contract, from February 2022, was AED 34,000; the unit has been rented since March 2018.

How big is unit 903?

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

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 26

Starts from the last sale price (AED 421K, 31 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 →