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2-bed · 1,115 sqftMazaya 31, Liwan · 2nd floor · completed 2013

203, Mazaya 31

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 510K15 November 2022
Current rentAED 63K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Mazaya 31

What is 203 worth today?

Last sold for AED 510,000 in 2022

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1 May 2024RentedNew contract
AED 63,000/yr12 months · AED 56 per sqft
19 Nov 2022RentedNew contract
AED 48,000/yr12 months · AED 43 per sqft
15 Nov 2022SoldReady
AED 510,000AED 457 per sqft
17 Oct 2020RentedNew contract
AED 36,000/yr12 months · AED 32 per sqft
22 Sep 2019RentedNew contract
AED 45,000/yr12 months · AED 40 per sqft
15 Aug 2018RentedRenewal
AED 51,500/yr12 months · AED 46 per sqft
15 Aug 2017RentedNew contract
AED 56,000/yr12 months · AED 50 per sqft
21 Jun 2015RentedNew contract
AED 67,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
1,115 sqft
Floor
2nd of 5
Parking
G-50
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 12,300 /yr
Last sold
AED 510K · November 2022
Building
Mazaya 31

About 203, Mazaya 31

203 is a two-bedroom apartment of 1,115 sqft on the 2nd floor of Mazaya 31, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 15 November 2022 for AED 510,000, or AED 457 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 May 2024, is AED 63,000 a year: a gross yield of 12.3% on the 2022 price, before the service charge of about AED 12,300 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Mazaya 31
400K600K800K20092013201720212025Typical sale price by year: 2009 AED 824,807; 2014 AED 449,370; 2015 AED 447,348; 2018 AED 517,500; 2023 AED 575,000; 2024 AED 650,000Sold by developer, May 2015: AED 395,654 (AED 354 per sqft)Sold, November 2022: AED 510,000 (AED 457 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Mazaya 31
40K60K80K20142017202020232026Typical rent by year: 2014 AED 75,000; 2015 AED 70,000; 2016 AED 71,000; 2017 AED 59,000; 2018 AED 57,000; 2019 AED 47,000; 2020 AED 40,000; 2021 AED 38,000; 2022 AED 41,000; 2023 AED 50,000; 2024 AED 52,125; 2025 AED 65,000New contract, June 2015: AED 67,000 a yearNew contract, August 2017: AED 56,000 a yearRenewal, August 2018: AED 51,500 a yearNew contract, September 2019: AED 45,000 a yearNew contract, October 2020: AED 36,000 a yearNew contract, November 2022: AED 48,000 a yearNew contract, May 2024: AED 63,000 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 31, and where 203 sits

All 20 2-beds →

Over the last 12 months two-beds sold for AED 750,000, around AED 671 per sqft, and rent for AED 70,000 to 74,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jan 2026750,000
14 May 2025745,000
14 Feb 2025845,000
10 Dec 2024655,000
1 2-bed sale in the last 12 months

Mazaya 31

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 3 sold in the last 12 months.

Typical price per sqft
AED 671
Typical sale
AED 500K
Typical rent
AED 54K /yr
Typical yield
10.1%
Mazaya 31, Liwan: prices, sales and rents →

Other units on the 2nd floor

All 61 units in Mazaya 31
Value
2013-bedAED 600K · Dec 2014
2021-bedAED 223K · Nov 2014
204AED 500K · Nov 2025
205AED 545K · Oct 2025
2061-bedAED 352K · Nov 2014
2072-bedAED 784K · May 2009
2081-bedAED 570K · Jun 2025
1–7 of 11

203, Mazaya 31 in numbers

  • Sold twice: first on 26 May 2015 for AED 395,654, last on 15 November 2022 for AED 510,000 (AED 457 per sqft).
  • Rented since June 2015 on 7 Ejari contracts. The rent fell from AED 67,000 to AED 36,000 in 2020 and recovered to AED 63,000 by May 2024.
  • At AED 63,000 a year the gross yield on the 2022 price is 12.3%, before a service charge of about AED 12,300 a year (AED 11.07 per sqft).
  • Two-beds in Mazaya 31 sold for AED 750,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 671 per sqft.

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 203, Mazaya 31

What did unit 203 last sell for?

AED 510,000 on 15 November 2022: AED 457 per sqft for 1,115 sqft. The unit has 2 registered sales; the first was AED 395,654 in May 2015.

What is the rent for unit 203?

AED 63,000 a year on the contract signed on 1 May 2024. The previous contract, from November 2022, was AED 48,000; the unit has been rented since June 2015.

How big is unit 203?

1,115 sqft (103.6 sqm): a two-bedroom apartment on the 2nd floor of a 5-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. Two-beds in Mazaya 31 sold for AED 750,000 to 750,000 in the last 12 months, around AED 671 per sqft.

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Mortgage on 203, Mazaya 31

Starts from the last sale price (AED 510K, 15 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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