2-bed · 1,522 sqftMazaya 15, Liwan · 10th floor · completed 2014

1003, Mazaya 15

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 989K6 September 2015
Current rentAED 60K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Mazaya 15

What is 1003 worth today?

Last sold for AED 989,000 in 2015

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15 Apr 2025RentedRenewal
AED 60,000/yr12 months · AED 39 per sqft
15 Apr 2024RentedRenewal
AED 55,125/yr12 months · AED 36 per sqft
20 Feb 2021RentedRenewal
AED 46,000/yr12 months · AED 30 per sqft
20 Feb 2020RentedRenewal
AED 60,000/yr12 months · AED 39 per sqft
20 Feb 2019RentedRenewal
AED 64,000/yr12 months · AED 42 per sqft
20 Feb 2018RentedNew contract
AED 68,000/yr12 months · AED 45 per sqft
15 Nov 2016RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
6 Sep 2015Sold by developerReady
AED 989,000AED 649 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
2-bed apartment
Size
1,522 sqft
Floor
10th of 10
Parking
G-51
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 14,700 /yr
Last sold
AED 989K · September 2015
Building
Mazaya 15

About 1003, Mazaya 15

1003 is a two-bedroom apartment of 1,522 sqft on the 10th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 6 September 2015 for AED 989,000, or AED 649 per sqft, 64% above the AED 396 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 60,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical two-bed in Mazaya 15
600K800K1M2009201420192024Typical sale price by year: 2009 AED 815,687; 2015 AED 584,072; 2016 AED 650,158; 2017 AED 1,000,000; 2024 AED 800,000; 2025 AED 935,000Sold by developer, September 2015: AED 989,000 (AED 649 per sqft)

1003 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1003, each contractTypical two-bed in Mazaya 15
40K60K80K20152018202120242027Typical rent by year: 2015 AED 85,000; 2016 AED 80,000; 2017 AED 67,500; 2018 AED 65,000; 2019 AED 58,500; 2020 AED 47,500; 2021 AED 43,500; 2022 AED 43,750; 2023 AED 56,313; 2024 AED 55,063; 2025 AED 56,891; 2026 AED 74,000New contract, November 2016: AED 80,000 a yearNew contract, February 2018: AED 68,000 a yearRenewal, February 2019: AED 64,000 a yearRenewal, February 2020: AED 60,000 a yearRenewal, February 2021: AED 46,000 a yearRenewal, April 2024: AED 55,125 a yearRenewal, April 2025: AED 60,000 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 15, and where 1003 sits

All 24 2-beds →

1003 last sold in September 2015 at AED 649 per sqft, 64% above what two-beds in Mazaya 15 were fetching at the time (AED 396). 1003's AED 60,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Jun 2025870,000
13 May 20251,080,000
9 May 2025700,000
17 Mar 20251,000,000
0 2-bed sales in the last 12 months

Mazaya 15

Building

82 apartments, 1-bed to 3-bed over 10 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 1 sold in the last 12 months.

Typical price per sqft
AED 573
Typical sale
AED 656K
Typical rent
AED 53K /yr
Typical yield
11.3%
Mazaya 15, Liwan: prices, sales and rents →

Other units on the 10th floor

All 82 units in Mazaya 15
Value
10011-bedAED 550K · Jun 2016
10023-bedAED 1.05M · Jun 2024
10041-bedAED 564K · Jun 2016
10052-bedAED 992K · Jul 2015
10063-bedAED 687K · Aug 2015

1003, Mazaya 15 in numbers

  • Sold once: by Al Mazaya Real Estate on 6 September 2015 for AED 989,000, or AED 649 per sqft.
  • Rented since November 2016 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 46,000 in 2021 and recovered to AED 60,000 by April 2025.
  • At AED 60,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 14,700 a year (AED 9.65 per sqft).

Source: Dubai Land Department. Updated 15 April 2025.

Questions about 1003, Mazaya 15

What did unit 1003 last sell for?

AED 989,000 on 6 September 2015, sold by the developer: AED 649 per sqft for 1,522 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 60,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2024, was AED 55,125; the unit has been rented since November 2016.

How big is unit 1003?

1,522 sqft (141.4 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.

What is unit 1003 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 1003, Mazaya 15

Starts from the last sale price (AED 989K, 6 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 989,000
Deposit, UAE resident (20%)
AED 197,800
Deposit, non-resident (40%)
AED 395,600
Monthly over 25 years at 3.7%
AED 4,046

Plus AED 46,548 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →