1-bed · 701 sqftMazaya 07, Liwan · 6th floor · completed 2017

603, Mazaya 07

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 29 November 2024
Last soldAED 543K22 October 2014
Current rentAED 39K /yr29 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Mazaya 07

What is 603 worth today?

Last sold for AED 542,987 in 2014

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29 Nov 2024RentedRenewal
AED 39,000/yr12 months · AED 56 per sqft
29 Nov 2023RentedNew contract
AED 35,200/yr12 months · AED 50 per sqft
30 Sep 2022RentedNew contract
AED 32,000/yr12 months · AED 46 per sqft
3 Jul 2021RentedRenewal
AED 32,000/yr12 months · AED 46 per sqft
3 Jul 2020RentedRenewal
AED 32,000/yr12 months · AED 46 per sqft
3 Jul 2019RentedNew contract
AED 40,000/yr12 months · AED 57 per sqft
3 Jul 2018RentedRenewal
AED 47,000/yr12 months · AED 67 per sqft
3 Jul 2017RentedNew contract
AED 48,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 29 November 2024.

Key facts

Type
1-bed apartment
Size
701 sqft
Floor
6th of 9
Parking
G-67
Developer
Al Mazaya Holding Company
Completed
2017
Service charge
AED 7,800 /yr
Last sold
AED 543K · October 2014
Building
Mazaya 07

About 603, Mazaya 07

603 is a one-bedroom apartment of 701 sqft on the 6th floor of Mazaya 07, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Holding Company. The developer sold it on 22 October 2014 for AED 542,987, or AED 774 per sqft, in line with the AED 774 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 29 November 2024, is AED 39,000 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 7,800 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in Mazaya 07
400K600K20142017202020232026Typical sale price by year: 2014 AED 542,487; 2015 AED 510,000; 2016 AED 516,000; 2017 AED 527,500; 2018 AED 626,273; 2022 AED 325,000; 2023 AED 395,000; 2025 AED 580,000Sold by developer, October 2014: AED 542,987 (AED 774 per sqft)

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

Rents
Unit 603, each contractTypical one-bed in Mazaya 07
30K40K50K2017202020232026Typical rent by year: 2017 AED 48,000; 2018 AED 47,500; 2019 AED 38,000; 2020 AED 31,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 34,000; 2024 AED 39,000; 2025 AED 45,250; 2026 AED 46,500New contract, July 2017: AED 48,000 a yearRenewal, July 2018: AED 47,000 a yearNew contract, July 2019: AED 40,000 a yearRenewal, July 2020: AED 32,000 a yearRenewal, July 2021: AED 32,000 a yearNew contract, September 2022: AED 32,000 a yearNew contract, November 2023: AED 35,200 a yearRenewal, November 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 07, and where 603 sits

All 94 1-beds →

603 last sold in October 2014 at AED 774 per sqft, in line with what one-beds in Mazaya 07 were fetching at the time (AED 774). Over the last 12 months one-beds sold for AED 620,000, around AED 749 per sqft, and rent for AED 38,000 to 60,000 a year. 603's AED 39,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jul 2025580,000
11 Jun 2025620,000
26 Feb 2025455,000
5 Nov 2024370,000
1 1-bed sale in the last 12 months

Mazaya 07

Building

126 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Holding Company. 1 sold in the last 12 months.

Typical price per sqft
AED 749
Typical sale
AED 620K
Typical rent
AED 46K /yr
Typical yield
8.7%
Mazaya 07, Liwan: prices, sales and rents →

Other units on the 6th floor

All 126 units in Mazaya 07
Value
6011-bedAED 547K · Oct 2014
6021-bedAED 543K · Oct 2014
6041-bedAED 542K · Oct 2014
6052-bedAED 831K · Oct 2014
6061-bedAED 732K · Oct 2014
6071-bedAED 699K · Oct 2014
6081-bedAED 639K · Oct 2014
1–7 of 13

603, Mazaya 07 in numbers

  • Sold once: by Al Mazaya Holding Company on 22 October 2014 for AED 542,987, or AED 774 per sqft.
  • Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 32,000 in 2022 and recovered to AED 39,000 by November 2024.
  • At AED 39,000 a year the gross yield on the 2014 price is 7.2%, before a service charge of about AED 7,800 a year (AED 11.08 per sqft).
  • One-beds in Mazaya 07 sold for AED 620,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 749 per sqft.

Source: Dubai Land Department. Updated 29 November 2024.

Questions about 603, Mazaya 07

What did unit 603 last sell for?

AED 542,987 on 22 October 2014, sold by the developer: AED 774 per sqft for 701 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 39,000 a year on the contract renewed on 29 November 2024. The previous contract, from November 2023, was AED 35,200; the unit has been rented since July 2017.

How big is unit 603?

701 sqft (65.1 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit 603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 07 sold for AED 620,000 to 620,000 in the last 12 months, around AED 749 per sqft.

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Mortgage on 603, Mazaya 07

Starts from the last sale price (AED 543K, 22 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 542,987
Deposit, UAE resident (20%)
AED 108,597
Deposit, non-resident (40%)
AED 217,195
Monthly over 25 years at 3.7%
AED 2,222

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