1-bed · 642 sqftMazaya 11, Liwan · 2nd floor · completed 2016

203, Mazaya 11

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 532K6 February 2018
Current rentAED 36K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Mazaya 11

What is 203 worth today?

Last sold for AED 532,220 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Sep 2024RentedRenewal
AED 35,707/yr12 months · AED 56 per sqft
15 Sep 2023RentedRenewal
AED 31,050/yr12 months · AED 49 per sqft
15 Sep 2022RentedRenewal
AED 27,000/yr12 months · AED 42 per sqft
15 Sep 2021RentedNew contract
AED 27,000/yr12 months · AED 42 per sqft
6 Feb 2018Sold by developerReady
AED 532,220AED 828 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
2nd of 6
Parking
G-47
Developer
Al Mazaya Real Estate
Completed
2016
Service charge
AED 8,200 /yr
Last sold
AED 532K · February 2018
Building
Mazaya 11

About 203, Mazaya 11

203 is a one-bedroom apartment of 642 sqft on the 2nd floor of Mazaya 11, a 6-storey tower in Liwan completed in 2016 by Al Mazaya Real Estate. The developer sold it on 6 February 2018 for AED 532,220, or AED 828 per sqft, in line with the AED 820 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 35,707 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 8,200 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Mazaya 11
400K600K2009201420192024Typical sale price by year: 2009 AED 517,528; 2015 AED 513,925; 2016 AED 553,065; 2017 AED 558,833; 2018 AED 550,429; 2019 AED 693,950; 2023 AED 411,887; 2024 AED 545,000; 2025 AED 550,000Sold by developer, February 2018: AED 532,220 (AED 828 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Mazaya 11
30K40K50K2017202020232026Typical rent by year: 2017 AED 46,000; 2018 AED 42,000; 2019 AED 35,500; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 30,500; 2023 AED 33,000; 2024 AED 42,500; 2025 AED 48,000New contract, September 2021: AED 27,000 a yearRenewal, September 2022: AED 27,000 a yearRenewal, September 2023: AED 31,050 a yearRenewal, September 2024: AED 35,707 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 11, and where 203 sits

All 37 1-beds →

203 last sold in February 2018 at AED 828 per sqft, in line with what one-beds in Mazaya 11 were fetching at the time (AED 820).

Recent 1-bed salesUnit no.Price (AED)Summary
2 May 2025550,000
10 Jan 2025600,000
9 Jan 2025480,000
5 Nov 2024600,000
0 1-bed sales in the last 12 months

Mazaya 11

Building

56 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2016 by Al Mazaya Real Estate. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 60K /yr
Typical yield
Mazaya 11, Liwan: prices, sales and rents →

Other units on the 2nd floor

All 56 units in Mazaya 11
Value
2011-bedAED 480K · Mar 2017
2021-bedAED 535K · May 2016
2041-bedAED 512K · Jun 2015
2051-bedAED 584K · Nov 2016
2061-bedAED 631K · Dec 2017
2071-bedAED 507K · Mar 2018
2081-bedAED 380K · Nov 2018
1–7 of 9

203, Mazaya 11 in numbers

  • Sold once: by Al Mazaya Real Estate on 6 February 2018 for AED 532,220, or AED 828 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 27,000 to AED 35,707 a year.
  • At AED 35,707 a year the gross yield on the 2018 price is 6.7%, before a service charge of about AED 8,200 a year (AED 12.80 per sqft).

Source: Dubai Land Department. Updated 15 September 2024.

Questions about 203, Mazaya 11

What did unit 203 last sell for?

AED 532,220 on 6 February 2018, sold by the developer: AED 828 per sqft for 642 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 35,707 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 31,050; the unit has been rented since September 2021.

How big is unit 203?

642 sqft (59.6 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2016.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 203, Mazaya 11

Starts from the last sale price (AED 532K, 6 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 532,220
Deposit, UAE resident (20%)
AED 106,444
Deposit, non-resident (40%)
AED 212,888
Monthly over 25 years at 3.7%
AED 2,177

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