2-bed · 1,115 sqftMazaya 28, Liwan · 2nd floor · completed 2013

203, Mazaya 28

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 24 January 2026
Last soldAED 396K26 July 2015
Current rentAED 63K /yr24 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Mazaya 28

What is 203 worth today?

Last sold for AED 395,654 in 2015

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24 Jan 2026RentedNew contract
AED 63,000/yr12 months · AED 56 per sqft
24 Jan 2025RentedNew contract
AED 63,000/yr12 months · AED 57 per sqft
24 Jan 2025RentedNew contract
AED 63,000/yr12 months · AED 57 per sqft
23 Aug 2022RentedNew contract
AED 45,000/yr12 months · AED 40 per sqft
1 Jul 2021RentedRenewal
AED 38,850/yr12 months · AED 35 per sqft
1 Jul 2020RentedNew contract
AED 37,000/yr12 months · AED 33 per sqft
4 Feb 2019RentedNew contract
AED 50,000/yr12 months · AED 45 per sqft
26 Jul 2015Sold by developerReady
AED 395,654AED 354 per sqft

Source: Dubai Land Department. Updated 24 January 2026.

Key facts

Type
2-bed apartment
Size
1,115 sqft
Floor
2nd of 5
Parking
G-58
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 13,000 /yr
Last sold
AED 396K · July 2015
Building
Mazaya 28

About 203, Mazaya 28

203 is a two-bedroom apartment of 1,115 sqft on the 2nd floor of Mazaya 28, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. The developer sold it on 26 July 2015 for AED 395,654, or AED 354 per sqft, 51% below the AED 717 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 24 January 2026, is AED 63,000 a year: a gross yield of 15.9% on the 2015 price, before the service charge of about AED 13,000 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Mazaya 28
400K600K800K2009201420192024Typical sale price by year: 2009 AED 797,083; 2014 AED 687,943; 2015 AED 630,226; 2025 AED 737,500Sold by developer, July 2015: AED 395,654 (AED 354 per sqft)

203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, each contractTypical two-bed in Mazaya 28
40K60K80K2014201820222026Typical rent by year: 2014 AED 70,000; 2015 AED 70,000; 2016 AED 75,000; 2017 AED 62,000; 2018 AED 56,500; 2019 AED 50,000; 2020 AED 44,000; 2021 AED 38,425; 2022 AED 45,000; 2023 AED 47,100; 2024 AED 56,000; 2025 AED 63,000; 2026 AED 65,084New contract, February 2019: AED 50,000 a yearNew contract, July 2020: AED 37,000 a yearRenewal, July 2021: AED 38,850 a yearNew contract, August 2022: AED 45,000 a yearNew contract, January 2025: AED 63,000 a yearNew contract, January 2025: AED 63,000 a yearNew contract, January 2026: AED 63,000 a year

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

2-beds in Mazaya 28, and where 203 sits

All 21 2-beds →

203 last sold in July 2015 at AED 354 per sqft, 51% below what two-beds in Mazaya 28 were fetching at the time (AED 717). Over the last 12 months two-beds sold for AED 790,000 to 1,100,000, around AED 675 per sqft, and rent for AED 40,000 to 85,000 a year. 203's AED 63,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 2026790,000
20 Nov 20251,100,000
21 Oct 2025750,000
2 Jul 2025725,000
2 2-bed sales in the last 12 months

Mazaya 28

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 5 sold in the last 12 months.

Typical price per sqft
AED 642
Typical sale
AED 563K
Typical rent
AED 50K /yr
Typical yield
8.9%
Mazaya 28, Liwan: prices, sales and rents →

Other units on the 2nd floor

All 61 units in Mazaya 28
Value
2013-bedAED 1.1M · Jan 2025
2021-bedAED 440K · Apr 2009
2041-bedAED 306K · Jul 2014
2051-bedAED 520K · Apr 2026
2061-bedAED 350K · Sep 2021
2072-bedAED 784K · Apr 2009
2081-bedAED 420K · Nov 2024
1–7 of 11

203, Mazaya 28 in numbers

  • Sold once: by Al Mazaya Real Estate on 26 July 2015 for AED 395,654, or AED 354 per sqft.
  • Rented since February 2019 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 37,000 in 2020 and recovered to AED 63,000 by January 2026.
  • At AED 63,000 a year the gross yield on the 2015 price is 15.9%, before a service charge of about AED 13,000 a year (AED 11.63 per sqft).
  • Two-beds in Mazaya 28 sold for AED 790,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 642 per sqft.

Source: Dubai Land Department. Updated 24 January 2026.

Questions about 203, Mazaya 28

What did unit 203 last sell for?

AED 395,654 on 26 July 2015, sold by the developer: AED 354 per sqft for 1,115 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 63,000 a year on the contract signed on 24 January 2026. The previous contract, from January 2025, was AED 63,000; the unit has been rented since February 2019.

How big is unit 203?

1,115 sqft (103.6 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2013.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 28 sold for AED 790,000 to 1,100,000 in the last 12 months, around AED 675 per sqft.

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Mortgage on 203, Mazaya 28

Starts from the last sale price (AED 396K, 26 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 395,654
Deposit, UAE resident (20%)
AED 79,131
Deposit, non-resident (40%)
AED 158,262
Monthly over 25 years at 3.7%
AED 1,619

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