2-bed · 1,107 sqftMazaya 04, Liwan · 6th floor · completed 2014

603, Mazaya 04

Sold prices and rental history: sold twice, last in February 2015, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 15 September 2021
Last soldAED 410K9 February 2015
Current rentAED 37K /yr15 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Mazaya 04

What is 603 worth today?

Last sold for AED 409,774 in 2015

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15 Sep 2021RentedRenewal
AED 37,000/yr12 months · AED 33 per sqft
15 Sep 2020RentedNew contract
AED 40,000/yr12 months · AED 36 per sqft
1 Jul 2016RentedNew contract
AED 72,000/yr12 months · AED 65 per sqft
9 Feb 2015SoldReady
AED 409,774AED 370 per sqft
29 Mar 2009Sold by developerOff-plan
AED 819,547AED 740 per sqft

Source: Dubai Land Department. Updated 15 September 2021.

Key facts

Type
2-bed apartment
Size
1,107 sqft
Floor
6th of 13
Parking
B-28
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,100 /yr
Last sold
AED 410K · February 2015
Building
Mazaya 04

About 603, Mazaya 04

603 is a two-bedroom apartment of 1,107 sqft on the 6th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 9 February 2015 for AED 409,774, or AED 370 per sqft, 5% below the AED 389 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 15 September 2021, is AED 37,000 a year: a gross yield of 9.0% on the 2015 price, before the service charge of about AED 6,100 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical two-bed in Mazaya 04
400K600K800K2009201320172021Typical sale price by year: 2009 AED 794,680; 2014 AED 576,631; 2015 AED 529,590; 2016 AED 750,000; 2017 AED 700,000; 2018 AED 725,000; 2020 AED 540,000; 2021 AED 455,000Sold by developer, March 2009: AED 819,547 (AED 740 per sqft)Sold, February 2015: AED 409,774 (AED 370 per sqft)

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

Rents
Unit 603, each contractTypical two-bed in Mazaya 04
40K60K80K2014201720202023Typical rent by year: 2014 AED 80,000; 2015 AED 72,000; 2016 AED 72,000; 2017 AED 64,910; 2018 AED 60,000; 2019 AED 48,000; 2020 AED 42,000; 2021 AED 38,000; 2022 AED 40,000New contract, July 2016: AED 72,000 a yearNew contract, September 2020: AED 40,000 a yearRenewal, September 2021: AED 37,000 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 04, and where 603 sits

All 60 2-beds →

603 last sold in February 2015 at AED 370 per sqft, 5% below what two-beds in Mazaya 04 were fetching at the time (AED 389). Over the last 12 months two-beds sold for AED 550,000 to 705,052, around AED 450 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 2026705,052
19 Jan 2026550,000
4 Mar 2025525,000
4 Mar 2025525,000
2 2-bed sales in the last 12 months

Mazaya 04

Building

216 apartments, 1-bed to 3-bed over 13 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 8 sold in the last 12 months.

Typical price per sqft
AED 529
Typical sale
AED 417K
Typical rent
AED 50K /yr
Typical yield
17.3%
Mazaya 04, Liwan: prices, sales and rents →

Other units on the 6th floor

All 216 units in Mazaya 04
Value
6011-bedAED 300K · Mar 2023
6022-bedAED 377K · Jun 2015
6041-bedAED 194K · Apr 2019
6051-bedAED 388K · Mar 2009
6061-bedAED 600K · May 2015
6071-bedAED 392K · Feb 2015
6081-bedAED 342K · Jan 2022
1–7 of 16

603, Mazaya 04 in numbers

  • Sold twice: first on 29 March 2009 for AED 819,547, last on 9 February 2015 for AED 409,774 (AED 370 per sqft).
  • Rented since July 2016 on 3 Ejari contracts, from AED 72,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2015 price is 9.0%, before a service charge of about AED 6,100 a year (AED 5.49 per sqft).
  • Two-beds in Mazaya 04 sold for AED 550,000–705,052 in the 12 months to November 2026; the building's median across all types is AED 529 per sqft.

Source: Dubai Land Department. Updated 15 September 2021.

Questions about 603, Mazaya 04

What did unit 603 last sell for?

AED 409,774 on 9 February 2015: AED 370 per sqft for 1,107 sqft. The unit has 2 registered sales; the first was AED 819,547 in March 2009.

What is the rent for unit 603?

AED 37,000 a year on the contract renewed on 15 September 2021. The previous contract, from September 2020, was AED 40,000; the unit has been rented since July 2016.

How big is unit 603?

1,107 sqft (102.8 sqm): a two-bedroom apartment on the 6th floor of a 13-storey tower completed in 2014.

What is unit 603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 04 sold for AED 550,000 to 705,052 in the last 12 months, around AED 450 per sqft.

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Mortgage on 603, Mazaya 04

Starts from the last sale price (AED 410K, 9 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 409,774
Deposit, UAE resident (20%)
AED 81,955
Deposit, non-resident (40%)
AED 163,910
Monthly over 25 years at 3.7%
AED 1,677

Plus AED 20,121 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →