1-bed · 937 sqftMazaya 01, Liwan · 3rd floor · completed 2014

304, Mazaya 01

Sold prices and rental history: sold twice, last in May 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 2 October 2023
Last soldAED 385K10 May 2020
Current rentAED 35K /yr2 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Mazaya 01

What is 304 worth today?

Last sold for AED 385,000 in 2020

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2 Oct 2023RentedNew contract
AED 34,600/yr12 months · AED 37 per sqft
2 Oct 2022RentedNew contract
AED 32,000/yr12 months · AED 34 per sqft
15 Jul 2021RentedNew contract
AED 25,000/yr12 months · AED 27 per sqft
11 Jun 2020RentedNew contract
AED 30,000/yr12 months · AED 32 per sqft
10 May 2020SoldReady
AED 385,000AED 411 per sqft
7 Aug 2014Sold by developerReady
AED 458,425AED 489 per sqft

Source: Dubai Land Department. Updated 2 October 2023.

Key facts

Type
1-bed apartment
Size
937 sqft
Floor
3rd of 9
Parking
G-67
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,600 /yr
Last sold
AED 385K · May 2020
Building
Mazaya 01

About 304, Mazaya 01

304 is a one-bedroom apartment of 937 sqft on the 3rd floor of Mazaya 01, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 10 May 2020 for AED 385,000, or AED 411 per sqft, 9% below the AED 450 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 2 October 2023, is AED 34,600 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 9,600 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Mazaya 01
400K600K2009201420192024Typical sale price by year: 2009 AED 426,342; 2014 AED 426,342; 2015 AED 540,000; 2016 AED 660,000; 2017 AED 530,000; 2018 AED 385,000; 2022 AED 290,000; 2023 AED 336,500; 2024 AED 415,000; 2025 AED 480,000; 2026 AED 512,500Sold by developer, August 2014: AED 458,425 (AED 489 per sqft)Sold, May 2020: AED 385,000 (AED 411 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in Mazaya 01
40K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 50,000; 2016 AED 50,000; 2017 AED 45,500; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 29,900; 2023 AED 34,500; 2024 AED 44,000; 2025 AED 48,000; 2026 AED 48,000New contract, June 2020: AED 30,000 a yearNew contract, July 2021: AED 25,000 a yearNew contract, October 2022: AED 32,000 a yearNew contract, October 2023: AED 34,600 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 01, and where 304 sits

All 50 1-beds →

304 last sold in May 2020 at AED 411 per sqft, 9% below what one-beds in Mazaya 01 were fetching at the time (AED 450). Over the last 12 months one-beds sold for AED 480,000 to 660,000, around AED 749 per sqft, and rent for AED 34,415 to 65,000 a year. 304's AED 34,600 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2026480,000
1 Oct 2026510,000
24 Sep 2026480,000
14 Aug 2026515,000
11 1-bed sales in the last 12 months

Mazaya 01

Building

78 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 13 sold in the last 12 months.

Typical price per sqft
AED 742 Up 14.1%
Typical sale
AED 520K
Typical rent
AED 51K /yr
Typical yield
8.0%
Mazaya 01, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 78 units in Mazaya 01
Value
3011-bedAED 325K · Dec 2020
3021-bedAED 570K · Jan 2026
3031-bedAED 495K · Jul 2026
3051-bedAED 550K · Jun 2015
3061-bedAED 260K · Dec 2014
3071-bedAED 800K · Feb 2017
3081-bedAED 385K · Nov 2024
1–7 of 11

304, Mazaya 01 in numbers

  • Sold twice: first on 7 August 2014 for AED 458,425, last on 10 May 2020 for AED 385,000 (AED 411 per sqft).
  • Rented since June 2020 on 4 Ejari contracts. The rent fell from AED 30,000 to AED 25,000 in 2021 and recovered to AED 34,600 by October 2023.
  • At AED 34,600 a year the gross yield on the 2020 price is 9.0%, before a service charge of about AED 9,600 a year (AED 10.28 per sqft).
  • One-beds in Mazaya 01 sold for AED 480,000–660,000 in the 12 months to November 2026; the building's median across all types is AED 742 per sqft.

Source: Dubai Land Department. Updated 2 October 2023.

Questions about 304, Mazaya 01

What did unit 304 last sell for?

AED 385,000 on 10 May 2020: AED 411 per sqft for 937 sqft. The unit has 2 registered sales; the first was AED 458,425 in August 2014.

What is the rent for unit 304?

AED 34,600 a year on the contract signed on 2 October 2023. The previous contract, from October 2022, was AED 32,000; the unit has been rented since June 2020.

How big is unit 304?

937 sqft (87.1 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2014.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 01 sold for AED 480,000 to 660,000 in the last 12 months, around AED 749 per sqft.

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Mortgage on 304, Mazaya 01

Starts from the last sale price (AED 385K, 10 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

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