1-bed · 563 sqftMazaya 23, Liwan · 3rd floor · completed 2013

303, Mazaya 23

Sold prices and rental history: sold 3 times, last in April 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 25 February 2025
Last soldAED 400K15 April 2018
Current rentAED 43K /yr25 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Mazaya 23

What is 303 worth today?

Last sold for AED 400,000 in 2018

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25 Feb 2025RentedRenewal
AED 43,000/yr12 months · AED 76 per sqft
25 Feb 2024RentedNew contract
AED 40,000/yr12 months · AED 71 per sqft
2 Jan 2022RentedNew contract
AED 23,000/yr12 months · AED 41 per sqft
15 Dec 2019RentedNew contract
AED 30,000/yr12 months · AED 54 per sqft
15 Apr 2018SoldReady
AED 400,000AED 710 per sqft
12 Oct 2017RentedNew contract
AED 44,000/yr12 months · AED 79 per sqft
5 Mar 2016RentedRenewal
AED 44,751/yr6 months · AED 80 per sqft
5 Mar 2015RentedNew contract
AED 45,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 25 February 2025.

Key facts

Type
1-bed apartment
Size
563 sqft
Floor
3rd of 6
Parking
G-23
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 7,000 /yr
Last sold
AED 400K · April 2018
Building
Mazaya 23

About 303, Mazaya 23

303 is a one-bedroom apartment of 563 sqft on the 3rd floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 15 April 2018 for AED 400,000, or AED 710 per sqft, 11% above the AED 641 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 25 February 2025, is AED 43,000 a year: a gross yield of 10.8% on the 2018 price, before the service charge of about AED 7,000 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Mazaya 23
400K600K2009201420192024Typical 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, March 2009: AED 387,181 (AED 687 per sqft)Sold, January 2015: AED 387,181 (AED 687 per sqft)Sold, April 2018: AED 400,000 (AED 710 per sqft)

303 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 303, each contractTypical one-bed in Mazaya 23
20K40K20142017202020232026Typical 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 2016: AED 44,751 a yearNew contract, October 2017: AED 44,000 a yearNew contract, December 2019: AED 30,000 a yearNew contract, January 2022: AED 23,000 a yearNew contract, February 2024: AED 40,000 a yearRenewal, February 2025: AED 43,000 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 23, and where 303 sits

All 35 1-beds →

303 last sold in April 2018 at AED 710 per sqft, 11% above what one-beds in Mazaya 23 were fetching at the time (AED 641). 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. 303's AED 43,000 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 3rd floor

All 55 units in Mazaya 23
Value
3011-bedAED 600K · Oct 2017
3021-bedAED 380K · Aug 2022
3041-bedAED 625K · May 2014
3052-bedAED 760K · Nov 2016
3061-bedAED 510K · Mar 2025
3071-bedAED 432K · Aug 2014
3082-bedAED 400K · Aug 2016
1–7 of 11

303, Mazaya 23 in numbers

  • Sold 3 times: first on 18 March 2009 for AED 387,181, last on 15 April 2018 for AED 400,000 (AED 710 per sqft).
  • Rented since March 2014 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 23,000 in 2022 and recovered to AED 43,000 by February 2025.
  • At AED 43,000 a year the gross yield on the 2018 price is 10.8%, before a service charge of about AED 7,000 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 25 February 2025.

Questions about 303, Mazaya 23

What did unit 303 last sell for?

AED 400,000 on 15 April 2018: AED 710 per sqft for 563 sqft. The unit has 3 registered sales; the first was AED 387,181 in March 2009.

What is the rent for unit 303?

AED 43,000 a year on the contract renewed on 25 February 2025. The previous contract, from February 2024, was AED 40,000; the unit has been rented since March 2014.

How big is unit 303?

563 sqft (52.3 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2013.

What is unit 303 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 303, Mazaya 23

Starts from the last sale price (AED 400K, 15 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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