1-bed · 732 sqftMazaya 11, Liwan · 6th floor · completed 2016

603, Mazaya 11

Sold prices and rental history: sold once, by the developer in November 2015, 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 8 July 2023
Last soldAED 602K30 November 2015
Current rentAED 32K /yr8 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Mazaya 11

What is 603 worth today?

Last sold for AED 601,640 in 2015

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8 Jul 2023RentedNew contract
AED 32,000/yr12 months · AED 44 per sqft
1 May 2022RentedRenewal
AED 27,000/yr12 months · AED 37 per sqft
5 Dec 2020RentedRenewal
AED 55,000/yr12 months · AED 75 per sqft
5 Dec 2019RentedRenewal
AED 55,000/yr12 months · AED 75 per sqft
5 Dec 2018RentedRenewal
AED 55,000/yr12 months · AED 75 per sqft
5 Dec 2017RentedNew contract
AED 55,000/yr12 months · AED 75 per sqft
30 Nov 2015Sold by developerOff-plan
AED 601,640AED 821 per sqft

Source: Dubai Land Department. Updated 8 July 2023.

Key facts

Type
1-bed apartment
Size
732 sqft
Floor
6th of 6
Parking
G-13
Developer
Al Mazaya Real Estate
Completed
2016
Service charge
AED 9,400 /yr
Last sold
AED 602K · November 2015
Building
Mazaya 11

About 603, Mazaya 11

603 is a one-bedroom apartment of 732 sqft on the 6th floor of Mazaya 11, a 6-storey tower in Liwan completed in 2016 by Al Mazaya Real Estate. The developer sold it on 30 November 2015 for AED 601,640, or AED 821 per sqft, 21% above the AED 681 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 8 July 2023, is AED 32,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 9,400 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, November 2015: AED 601,640 (AED 821 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 11
40K60K2017202020232026Typical 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, December 2017: AED 55,000 a yearRenewal, December 2018: AED 55,000 a yearRenewal, December 2019: AED 55,000 a yearRenewal, December 2020: AED 55,000 a yearRenewal, May 2022: AED 27,000 a yearNew contract, July 2023: AED 32,000 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 11, and where 603 sits

All 37 1-beds →

603 last sold in November 2015 at AED 821 per sqft, 21% above what one-beds in Mazaya 11 were fetching at the time (AED 681).

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 6th floor

All 56 units in Mazaya 11
Value
6012-bedAED 650K · Dec 2022
6021-bedAED 360K · Apr 2023
6041-bedAED 490K · Oct 2024
6051-bedAED 518K · Apr 2009
6061-bedAED 340K · Sep 2022
6071-bedAED 365K · May 2023
6081-bedAED 640K · Jun 2015
1–7 of 8

603, Mazaya 11 in numbers

  • Sold once: by Al Mazaya Real Estate on 30 November 2015 for AED 601,640, or AED 821 per sqft.
  • Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 27,000 in 2022 and recovered to AED 32,000 by July 2023.
  • At AED 32,000 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 9,400 a year (AED 12.80 per sqft).

Source: Dubai Land Department. Updated 8 July 2023.

Questions about 603, Mazaya 11

What did unit 603 last sell for?

AED 601,640 on 30 November 2015, sold by the developer: AED 821 per sqft for 732 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 32,000 a year on the contract signed on 8 July 2023. The previous contract, from May 2022, was AED 27,000; the unit has been rented since December 2017.

How big is unit 603?

732 sqft (68.0 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2016.

What is unit 603 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 603, Mazaya 11

Starts from the last sale price (AED 602K, 30 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 601,640
Deposit, UAE resident (20%)
AED 120,328
Deposit, non-resident (40%)
AED 240,656
Monthly over 25 years at 3.7%
AED 2,461

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