1-bed · 576 sqftMazaya 23, Liwan · 2nd floor · completed 2013

203, Mazaya 23

Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 190K7 April 2014
Current rentAED 40K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Mazaya 23

What is 203 worth today?

Last sold for AED 189,783 in 2014

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1 Jul 2025RentedRenewal
AED 39,500/yr12 months · AED 68 per sqft
1 Jul 2025RentedRenewal
AED 36,300/yr12 months · AED 62 per sqft
1 Jul 2024RentedNew contract
AED 36,300/yr12 months · AED 62 per sqft
1 Jul 2024RentedRenewal
AED 33,000/yr12 months · AED 57 per sqft
1 Jul 2023RentedNew contract
AED 33,000/yr12 months · AED 57 per sqft
25 Jun 2022RentedRenewal
AED 28,000/yr12 months · AED 48 per sqft
25 Jun 2021RentedNew contract
AED 24,000/yr12 months · AED 41 per sqft
1 Jun 2020RentedNew contract
AED 27,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
1-bed apartment
Size
576 sqft
Floor
2nd of 6
Parking
G-20
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 7,100 /yr
Last sold
AED 190K · April 2014
Building
Mazaya 23

About 203, Mazaya 23

203 is a one-bedroom apartment of 576 sqft on the 2nd floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 7 April 2014 for AED 189,783, or AED 329 per sqft, 8% below the AED 357 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 39,500 a year: a gross yield of 20.8% on the 2014 price, before the service charge of about AED 7,100 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Mazaya 23
200K400K600K2009201420192024Typical sale price by year: 2009 AED 432,352; 2014 AED 432,352; 2015 AED 540,000; 2016 AED 523,500; 2017 AED 610,000; 2018 AED 400,000; 2024 AED 410,000; 2025 AED 540,000Sold by developer, April 2009: AED 379,565 (AED 658 per sqft)Sold, April 2014: AED 189,783 (AED 329 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Mazaya 23
20K40K2014201820222026Typical rent by year: 2014 AED 45,000; 2015 AED 48,000; 2016 AED 47,000; 2017 AED 45,061; 2018 AED 42,000; 2019 AED 35,500; 2020 AED 27,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 32,600; 2024 AED 41,000; 2025 AED 45,500New contract, March 2014: AED 45,000 a yearNew contract, March 2015: AED 45,000 a yearRenewal, March 2017: AED 47,000 a yearRenewal, March 2019: AED 36,000 a yearNew contract, June 2020: AED 27,000 a yearNew contract, June 2021: AED 24,000 a yearRenewal, June 2022: AED 28,000 a yearNew contract, July 2023: AED 33,000 a yearNew contract, July 2024: AED 36,300 a yearRenewal, July 2024: AED 33,000 a yearRenewal, July 2025: AED 39,500 a yearRenewal, July 2025: AED 36,300 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 23, and where 203 sits

All 35 1-beds →

203 last sold in April 2014 at AED 329 per sqft, 8% below what one-beds in Mazaya 23 were fetching at the time (AED 357). Over the last 12 months one-beds sold for AED 550,000, around AED 900 per sqft, and rent for AED 44,500 to 55,000 a year. 203's AED 39,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Dec 2025550,000
19 Jun 2025500,000
28 May 2025570,000
12 May 2025530,000
1 1-bed sale in the last 12 months

Mazaya 23

Building

55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 2 sold in the last 12 months.

Typical price per sqft
AED 836
Typical sale
AED 700K
Typical rent
AED 53K /yr
Typical yield
9.2%
Mazaya 23, Liwan: prices, sales and rents →

Other units on the 2nd floor

All 55 units in Mazaya 23
Value
201AED 510K · Oct 2025
2022-bedAED 651K · Jul 2022
2041-bedAED 615K · Nov 2017
2052-bedAED 589K · Jul 2022
2061-bedAED 440K · Mar 2024
207AED 550K · Oct 2025
2082-bedAED 650K · Oct 2024
1–7 of 11

203, Mazaya 23 in numbers

  • Sold twice: first on 13 April 2009 for AED 379,565, last on 7 April 2014 for AED 189,783 (AED 329 per sqft).
  • Rented since March 2014 on 12 Ejari contracts. The rent fell from AED 45,000 to AED 24,000 in 2021 and recovered to AED 39,500 by July 2025.
  • At AED 39,500 a year the gross yield on the 2014 price is 20.8%, before a service charge of about AED 7,100 a year (AED 12.38 per sqft).
  • One-beds in Mazaya 23 sold for AED 550,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 836 per sqft.

Source: Dubai Land Department. Updated 1 July 2025.

Questions about 203, Mazaya 23

What did unit 203 last sell for?

AED 189,783 on 7 April 2014: AED 329 per sqft for 576 sqft. The unit has 2 registered sales; the first was AED 379,565 in April 2009.

What is the rent for unit 203?

AED 39,500 a year on the contract renewed on 1 July 2025. The previous contract, from July 2025, was AED 36,300; the unit has been rented since March 2014.

How big is unit 203?

576 sqft (53.5 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2013.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 23 sold for AED 550,000 to 550,000 in the last 12 months, around AED 900 per sqft.

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Mortgage on 203, Mazaya 23

Starts from the last sale price (AED 190K, 7 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 189,783
Deposit, UAE resident (20%)
AED 37,957
Deposit, non-resident (40%)
AED 75,913
Monthly over 25 years at 3.7%
AED 776

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