1-bed · 629 sqftMazaya 32, Liwan · 1st floor · completed 2015

103, Mazaya 32

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 459K31 May 2016
Current rentAED 45K /yr18 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Mazaya 32

What is 103 worth today?

Last sold for AED 459,122 in 2016

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18 Jul 2024RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
10 Jul 2023RentedNew contract
AED 35,000/yr12 months · AED 56 per sqft
5 Oct 2022RentedRenewal
AED 28,500/yr12 months · AED 45 per sqft
5 Oct 2021RentedRenewal
AED 27,000/yr12 months · AED 43 per sqft
5 Oct 2019RentedNew contract
AED 34,000/yr12 months · AED 54 per sqft
25 Sep 2017RentedNew contract
AED 44,000/yr12 months · AED 70 per sqft
31 May 2016Sold by developerReady
AED 459,122AED 729 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
1-bed apartment
Size
629 sqft
Floor
1st of 5
Parking
G-35
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 6,700 /yr
Last sold
AED 459K · May 2016
Building
Mazaya 32

About 103, Mazaya 32

103 is a one-bedroom apartment of 629 sqft on the 1st floor of Mazaya 32, a 5-storey tower in Liwan completed in 2015 by Al Mazaya Real Estate. The developer sold it on 31 May 2016 for AED 459,122, or AED 729 per sqft, in line with the AED 709 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 18 July 2024, is AED 45,000 a year: a gross yield of 9.8% on the 2016 price, before the service charge of about AED 6,700 a year.

Sales and rents for 103 over time

Rents
Unit 103, each contractTypical one-bed in Mazaya 32
40K2016201920222025Typical rent by year: 2016 AED 51,000; 2017 AED 49,000; 2018 AED 45,000; 2019 AED 37,362; 2020 AED 30,500; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 34,750; 2024 AED 39,050; 2025 AED 44,000New contract, September 2017: AED 44,000 a yearNew contract, October 2019: AED 34,000 a yearRenewal, October 2021: AED 27,000 a yearRenewal, October 2022: AED 28,500 a yearNew contract, July 2023: AED 35,000 a yearNew contract, July 2024: AED 45,000 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 32, and where 103 sits

All 36 1-beds →

103 last sold in May 2016 at AED 729 per sqft, in line with what one-beds in Mazaya 32 were fetching at the time (AED 709). 103's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Aug 2017620,102
31 Jul 2017460,380
5 Sep 2016577,763
18 Jul 2016464,387
0 1-bed sales in the last 12 months

Mazaya 32

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2015 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 52K /yr
Typical yield
Mazaya 32, Liwan: prices, sales and rents →

Other units on the 1st floor

All 61 units in Mazaya 32
Value
1012-bedAED 768K · Mar 2016
1021-bedAED 464K · May 2016
1042-bedAED 768K · Mar 2016
1051-bedAED 624K · Mar 2016
1061-bedAED 578K · Apr 2016
1071-bedAED 607K · Mar 2016
1082-bedAED 752K · Apr 2016
1–7 of 12

103, Mazaya 32 in numbers

  • Sold once: by Al Mazaya Real Estate on 31 May 2016 for AED 459,122, or AED 729 per sqft.
  • Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 44,000 to AED 27,000 in 2021 and recovered to AED 45,000 by July 2024.
  • At AED 45,000 a year the gross yield on the 2016 price is 9.8%, before a service charge of about AED 6,700 a year (AED 10.65 per sqft).

Source: Dubai Land Department. Updated 18 July 2024.

Questions about 103, Mazaya 32

What did unit 103 last sell for?

AED 459,122 on 31 May 2016, sold by the developer: AED 729 per sqft for 629 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 45,000 a year on the contract signed on 18 July 2024. The previous contract, from July 2023, was AED 35,000; the unit has been rented since September 2017.

How big is unit 103?

629 sqft (58.4 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2015.

What is unit 103 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 103, Mazaya 32

Starts from the last sale price (AED 459K, 31 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 459,122
Deposit, UAE resident (20%)
AED 91,824
Deposit, non-resident (40%)
AED 183,649
Monthly over 25 years at 3.7%
AED 1,878

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